Book deal boosts net worth of GOP 2016 candidate Ted Cruz

FILE - In a Saturday, June 20, 2015 file photo, Republican presidential candidate, Sen. Ted Cruz, R-Texas, speaks during a "Celebrate the 2nd Amendment Event,", at the CrossRoads Shooting Sports in Johnston, Iowa. Cruz's presidential campaign has raised more than $14 million since the Texas senator launched his bid for the Republican presidential nomination just over three months ago, his campaign said Sunday, July 5, 2015. (AP Photo/Charlie Neibergall, File)

WASHINGTON (AP) — Texas Sen. Ted Cruz is worth between $2 million and $4.5 million, a total aided by the roughly $319,000 advance the Republican presidential candidate received to write his best-selling memoir, according to a financial disclosure report released Monday.

The report shows Cruz’s overall wealth only increased slightly from his most recent disclosure, which he filed in 2013 as a member of the Senate.

The main change was that Cruz has paid down a mortgage valued from $250,000 to $500,000. Cruz owns a condominium in the Houston area, which he and his wife bought for more than $800,000 in 2008.

Cruz’s disclosure said he received a payment of $318,750 in June 2014 for his book, “A Time for Truth.” Cruz also reported making royalties as of July 30 of between $100,000 and $1 million on the book.

The report filed with the Federal Election Commission provides estimates of dollar amounts in these wide ranges.

Along with his $174,000 annual U.S. Senate salary, Cruz’s income comes mostly from an assortment of mutual funds, stocks and securities.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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