Introduction
TJ Cox is an American politician who served as the U.S. representative for California’s 21st congressional district from 2019 to 2021. The son of Chinese American and Filipino American parents, Cox was elected to the House of Representatives in 2018. A member of the Democratic Party, he was defeated in his 2020 rematch with Republican David Valadao. In August 2022, Cox was arrested by the Federal Bureau of Investigation on 15 counts of wire fraud, 11 counts of money laundering, one count of financial institution fraud, and one count of campaign contribution fraud.
Early life Of TJ Cox
Name | TJ Cox |
Net Worth | $4 million |
Occupation | Politician, Former business executive |
Age | 59 years |
Height | 1.75m |
TJ Cox net worth 2022
Terrance John Cox was born on July 18, 1963 (age 59 years) in Walnut Creek, California. His father is a chemical engineering professor who immigrated from China, and his mother is from the Philippines. He received a Bachelor of Science in chemical engineering from the University of Nevada, Reno in 1986 and a Master of Business Administration from Southern Methodist University. He started two businesses that process nuts and also managed a community development enterprise.
Career: U.S. House of Representatives
TJ Cox previously ran for the United States House of Representatives in California’s 19th congressional district in the 2006 election, losing to incumbent George Radanovich. In the 2018 elections, Cox again ran for the United States House of Representatives, this time in California’s 21st congressional district.
Cox began this congressional bid in 2017, competing in California’s 10th district primary race against several other Democratic candidates. However, Emilio Huerta, the only Democratic challenger in the 21st district, withdrew from the race prior to the filing deadline to appear on the primary election ballot. Cox withdrew from the 10th district race to instead run in the 21st district against incumbent Representative David Valadao. He and Valadao advanced from the June 5 top-two primary election to the November 6 general election.
On election night, and for several days after the election, Valadao had more votes, but Cox’s vote count pulled into the lead on November 26. By November 28, major news sources called the race for Cox, with Valadao conceding the race the following week. Cox’s victory was considered an upset, as most election forecasters rated Valadao as the favorite. TJ Cox won by a narrow 862 vote margin.
TJ Cox ran for reelection in 2020 against Valadao, whom he beat in 2018. Cox was criticized for pushing to gain preferential access into Yosemite National Park over the July 4 weekend. In October 2020, Cox’s campaign acknowledged fabricating a tweet to make it appear as if Valadao had retweeted a message from President Trump saying “California is going to hell. Vote Trump!”.
Valadao defeated Cox in the election. The Associated Press called the election for Valadao on November 27, 2020, more than three weeks after the election, and Cox conceded defeat on December 4, 2020. TJ Cox underperformed Biden’s near 11-point win margin by about 5 points, leaving Valadao with the most Democratic district of any congressional Republican according to Cook Political Report’s Partisan Voter Index.
TJ Cox announced his intention to run for the seat again in 2022 shortly after his loss in the 2020 election. However, on November 17, 2021, Cox endorsed Rudy Salas removing himself from the contest.
Financial controversies
TJ Cox made an updated financial disclosure in 2019 when it was discovered that he had failed to disclose business interests as a candidate in 2018. It was also discovered that Cox failed to timely pay wages owed to three employees of Constellation Mines, a company where Cox was a director until early 2019.
Cox voted against a bill in March 2020 that would require members of Congress to disclose tax liens. In January 2020, the IRS placed a tax lien on Cox for approximately $87,000 in unpaid income tax for 2016 and approximately $57,000 in unpaid income tax for 2017. TJ Cox was also subject to a $50,000 IRS tax lien in 2017.
In August 2021, it was state filings revealed that 35% of the spending from Cox’s “VoterPAC”, created with funds remaining from his campaign, went to MJTJ, LLC, an organization wholly-owned by Cox that was originally created for real estate investments. VoterPAC was created to engage in voter registration and MJTJ, LLC was reportedly engaged for fundraising purposes.
Arrest
TJ Cox was arrested in August 2022 by the Federal Bureau of Investigation on 15 counts of wire fraud, 11 counts of money laundering, one count of financial institution fraud, and one count of campaign contribution fraud. If convicted, Cox faces up to 20 years in prison and a fine of $250,000.
Who Is TJ Cox’s Wife?
TJ Cox is married to Kathleen Murphy, they had their wedding in California. His wife is a private person and they have two children. TJ Cox stands at an appealing height of 1.75m and has a good body weight which suits his personality. As of mid-2022, TJ Cox and his wife Kathleen Murphy are still married and living a happy life with their children.
TJ Cox net worth
How much is TJ Cox worth? TJ Cox net worth is estimated at around $4 million. His main source of income is from his career as a politician and businessman. TJ Cox’s salary per month with other career earnings is over $1 million annually. His successful career has earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential politicians in the United States.