Ken Paxton Buys 3 Utah Condos for $1.6 Million, Expanding $9 Million Property Portfolio
Updated
Updated · The New York Times · Jul 16
Ken Paxton Buys 3 Utah Condos for $1.6 Million, Expanding $9 Million Property Portfolio
1 articles · Updated · The New York Times · Jul 16
Summary
Three Utah resort condominiums worth $1.6 million were bought by Texas Attorney General Ken Paxton in February, according to property records reviewed by The New York Times.
Those purchases were transferred to Paxton's blind trust and lift the holdings tied to him, that trust and a family trust to at least 15 properties worth about $9 million.
The condos are among assets being negotiated in Paxton's divorce from State Senator Angela Paxton, who has accused him of adultery; deeds listed a Dallas-area home where police records indicate another woman lives.
The disclosure lands as Paxton, 63, runs for the U.S. Senate after defeating John Cornyn in May and enters a competitive race against Democrat James Talarico.
Paxton's growing portfolio has drawn scrutiny because his attorney general salary is $153,000, with rivals arguing he used public office to enrich himself.