Tax-dodging Rep. Charles Rangel left behind modest estate — much less than $1.7M net worth upon retirement: records

NY Post ^ | 7/05/25 | Kathianne Boniello

[Libloather]

Harlem Rep. Charles Rangel — infamously known for pocketing rental income from his Caribbean cottage without disclosing it — has apparently left behind a modest estate, court records show.

Rangel, who died May 26 at age 94, had assets worth only $300,000, according to Manhattan Surrogate Court filings.

That is far less than his net worth of more than $1.7 million upon his retirement from Congress in 2017, as reported by the watchdog group Open Secrets.

The current assets of the once-powerful chair of the House’s Ways and Means Committee were not detailed in court filings.

His daughter, Alicia Rangel-Haughton, was named executor of the Democrat’s estate.

The late representative’s property is to be placed in the Charles Bernard Rangel Revocable Trust, the assets of which were not disclosed in a will signed March 31, just nine weeks before his death at Harlem Hospital.

Rangels’ financial misbehavior and other ethical questions dogged him throughout his decades-long career, long before The Post outed his business dealings in Punta Cana, Dominican Republic.

He was criticized right from the start of his career when, in the 1960s, he took a low-interest loan from a New York City program meant to help the poor and used it to renovate his family’s Central Harlem home, turning the property into rental apartments — one of which he used for himself.

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TOPICS: Business/Economy; Conspiracy; History; Local News
KEYWORDS: estate; newyork; rangel; retirement; taxes

[DeplorableTrumpSupporter]

I bet the modest estate was bigger, but I bet he decided to sell his assets for pennies on the dollar.

[If You Want It Fixed - Fix It]

He had an Advocate discussing things before Jesus.

A conclusion has been made. Did Jesus know him?

[Vaduz]

Financial misbehavior

That has to be a D.C. code word if there ever was one of many.

[gloryblaze]

"... The late representative’s property is to be placed in the Charles Bernard Rangel Revocable Trust, the assets of which were not disclosed in a will signed March 31, just nine weeks before his death at Harlem Hospital..."

Anything in a Trust bypasses probate of a will, and is not listed as assets of the estate.

[ridesthemiles]

TRUST===NO PROBATE