Connect with us

NET WORTH

Bernie Sanders Net Worth

Bernie Sanders net worth

Bernie Sanders net worth is $ 2 million

Find out more about Bernie Sanders net worth

Bernie Sanders is a U.S. Senator from Vermont and candidate to become the next President of the United States.

In 2006, he was elected to the U.S. Senate after 16 years as Vermont’s sole congressman in the House of Representatives.

Bernie is now serving his third term in the U.S. Senate after winning re-election in 2018 with 67 percent of the vote.

Born in Brooklyn, New York, he attended James Madison High School, Brooklyn College, and the University of Chicago.

Read Bill Gates Net Worth

After graduating, he moved to Vermont where he worked as a carpenter and documentary filmmaker. In 1981, he was elected as mayor of Burlington, the state’s largest city, by a mere 10 votes.

Advertisements

As mayor, Bernie’s leadership helped transform Burlington into one of the most exciting and livable small cities in America.

Under his administration, the city made major strides in affordable housing, progressive taxation, environmental protection, child care, women’s rights, youth programs and the arts.

Advertisements

In Congress, Bernie has fought tirelessly for working families, focusing on the shrinking middle class and growing gap between the rich and everyone else.

Read Richest Presidents in the world

Bernie has been called a “practical and successful legislator” and he was dubbed the “amendment king” in the House of Representatives for passing more amendments than any other member of Congress.

As chairman of the Senate Committee on Veterans’ Affairs, Bernie worked across the aisle to “bridge Washington’s toxic partisan divide and cut one of the most significant deals in years.”

In 2015, Democratic leadership tapped Bernie to serve as the caucus’ ranking member on the Senate Budget Committee.

Bernie Sanders Net Worth

Bernie lives in Burlington, Vermont with his wife Jane. He has four children and seven grandchildren.

According to estimates from Forbes, the 77-year-old Sanders  has a net worth of about $2.5 million.

That money comes, in part, from his book royalties and his income as a senator, which pays him $174,000 a year, according to the Congressional Research Service report on Senate salaries last year.

Sanders also receives an annual pension from his time as the mayor of Burlington, Vermont, and owns three homes, according to Forbes.

He has a home in Burlington, a home in Washington, D.C., and a Vermont vacation home that he and his wife bought in 2016 a few months after his presidential campaign ended.

Read How Donald Trump Became a Billionaire

After receiving pressure to release his tax returns during his presidential bid, Sanders released 10 years’ worth of returns on April 15 this year, which is also tax day.

Bernie Sanders Net Worth

According to those returns, the independent Vermont senator’s adjusted gross income was $561,293 in 2018 and he paid a 26 percent effective tax rate. In 2017, his adjusted gross income was $1,131,925.

“These tax returns show that our family has been fortunate,” Sanders said when he released the documents. “I am very grateful for that, as I grew up in a family that lived paycheck to paycheck and I know the stress of economic insecurity.”

Trending