How Much Money Robert F. Kennedy Jr. Owns In Real Estate

Our 26th Secretary of the U.S. Health and Human Services, Robert F. Kennedy maintains that he has the desire to represent working class Americans. That said, his family is the closest thing to American royalty the country has. The son of assassinated presidential hopeful Robert F. Kennedy, and grandchild of the late patriarch Joseph P. Kennedy, he splits his portion of the Kennedy Trust — worth around $1.2 billion — with his 10 siblings. It doesn't leave Kennedy with as much money as you would think according to an FEC filing showing Kennedy earned between $29,000 and $90,500 from the trust within an 18-month period.

That said, Kennedy is reportedly worth around $15 million and his ownership in real estate makes up a fair share of that. Homes in New York, Massachusetts, and a $1.75 million to $6.5 million stake in a sprawling real estate development — the land in downtown Chicago was purchased by Joseph Kennedy in 1962 and now houses office towers and luxury apartment units — called Wolf Point, helps keep him well above the net worth number you need to be in the top 10%. Here are the details on two properties owned by RFK.

According to Realtor.com, the 3-acre property Robert F. Kennedy owns in Hyannis — expanded to 6 acres over the years — was initially purchased by Joseph Kennedy in 1928 for its proximity to the Hyannisport Club on Cape Cod golf course. The waterfront property was bought for $25,000, roughly the equivalent of just over $460,000 today. Realtor.com describes the family compound as consisting of the main house purchased by Joseph Kennedy, a 21-room, 12-bedroom family home complete with a sauna and massive home theater, and two adjacent homes owned by the Kennedy family.

The house was purchased by a lawyer, and upon sale of the home, was beyond the ability of Robert F. Kennedy Jr. to finance. The home was purchased for $2.5 million in 2008 by philanthropist and friend Wendy Abrams, who allowed for a $4,000-per-month leasearrangement that would allow Robert F. Kennedy Jr. to purchase his family home. He purchased the home for the original sale price in 2020. The house in Hyannis Point is now valued at $3 million.

Purchased in 2021, RFK and celebrity wife of "Curb Your Enthusiasm" fame, Cheryl Hines, moved into a spectacular 5,900-square-foot, $7 million home in Brentwood. Surrounded by a veritable who's who of Hollywood fame — the Kennedy's count Gwyneth Paltrow and Dr. Dre as famous neighbors, among others — the couple own property in one the five most expensive states to live in. According to the U.S. Census Bureau, the median value of homes in Brentwood was $791,600 in 2023, making RFK's home around nine times the already expensive median. Not bad when you consider Robert F. Kennedy's massive reported credit card debt.

While owning this type of home may be a sign you've made it financially, according to People, Robert F. Kennedy's wife, Hines, threatened to divorce him in 2024 over an alleged affair with a 31-year-old New York magazine reporter. While it appears the marriage survived that hurdle, there's nothing like a divorce to considerably change your financial situation. RFK would likely not be immune to that.