Updated
Updated · The New York Times · Jul 16
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.

Insights

What does a public official's $9M property portfolio signal about the intersection of wealth and public service?
How does a blind trust work if an official buys properties before transferring them into it?
When an attorney general is accused of voter fraud, who ensures an impartial investigation?