The American politician and junior United States Senator, Bernard ‘Bernie’ Sanders has a net worth of $600,000.
Bio / Age
Born on September 8, 1941, in Brooklyn, New York, Bernie Sanders transferred to the University of Chicago from Brooklyn College during his freshman year and got active in Civil Rights Movement. With a degree in political science, he moved to Israel on short-term and started working as a writer, filmmaker, and researcher to make his living.
Bernie Sanders got involved in politics after joining the anti-Vietnam War Liberty Union Party in 1971 after which he ran in and lost elections for the US Senate and governor from 1972 to 1976.
He again ran in for the Mayor of Burlington in 1981 and won the contest while also winning three more terms. By 1988, Sanders was known to be an independent politician and he ran for the US House of Representatives, winning in his second time in 1990.
He became the first independently elected representative in 40 years after Frazier Reams of Ohio and eventually made his name winning re-election in 1994.
Bernie Sanders was often called ‘an ineffective extremist’. However, Sanders ran for the Senate in 2005 after Jeff Jeffords retired. He was campaigned for by big names in US politics including New York Senator Chuck Schumer and then-senator Barack Obama and was re-elected in 2012.
Sanders ran for the Presidential elections 2016 as a Democrat, and despite losing to former Secretary of State Hillary Clinton in the race for the Democratic nomination, he has been a strong critic of President Donald Trump.
His base salary is $174,000 per year as a Senator and is also considered the 84th most wealthy Senator according to OpenSecrets.org. In his July 2015 personal filing, the Vermont Senator stated that his assets were valued between $194,026 and $741,000 in his wife Jane Sanders’ name. The filing also listed Credit card debt between $25,002 and $65,000.
He, however, had a surprisingly good financial year in 2016, which saw him making some $858,750 off book royalties alone, according to Newsweek reports.
Combined with his Senate salary, Sanders likely cleared $1 million in earnings, which helped in building his net worth. As of 2015, Bernie Sander’s net worth stood at $2 million including his assets.
Bernie Sanders Net Worth / Asset
Here’s a breakdown of Sanders’ net worth from his assets, according to US Senate.
- Tiaa Cref Equities $50,001 – $100,000
- Tiaa Cref Equities $50,001 – $100,000
- Tiaa Guaranteed Traditional $50,001 – $100,000
- Tiaa Real Estate $15,001 – $50,000
- VALIC ASSET ALLOC $15,001 – $50,000
- VALIC SMALL CAP $15,001 – $50,000
- VALIC MID CAP INDEX $15,001 – $50,000
- VALIC SOCIALLY RESP $15,001 – $50,000
- VALIC AGGR GROWTH LI $1,001 – $15,000
- VALIC MOD GROWTH LI $1,001 – $15,000
- VNGRD LI FGRO $1,001 – $15,000
- VNGRD LI FMOD $1,001 – $15,000
- VALIC GOVT SECURITIES $1,001 – $15,000
- VALIC STRATEGIC BOND $1,001 – $15,000
- VNGRD LT TRSRY $1,001 – $15,000
- VNGRD LT INV GRADE $1,001 – $15,000
- VALIC SCIENCE & TECH $1,001 – $15,000
- VALIC INT’L EQUITIES $1,001 – $15,000
- Cref Fixed Income $1,001 – $15,000
- Cref Social Choice $1,001 – $15,000
- Tiaa Personal Annuity Fixed $1,001 – $15,000
- Tiaa Personal Annuity Stock Acount $1,001 – $15,000
- Valic Core Equity $1,001 – $15,000
- VALIC DIV VALUE $1,001 – $15,000
- VALIC STOCK INDEX $1,001 – $15,000
- VALIC SMALL CAP INDEX $1,001 – $15,000
- VALIC SOCIAL AWARENESS $1,001 – $15,000
- VALIC INTL GOVT BOND Less Than $1,001
- VALIC MONEY MARKET II Less Than $1,001
Bernie received money from three different speeches in 2013 and 2014. $638.94 from Avalon Publishing Group, $378.48 from Avalon Publishing Group and $850.00 from Mahar Live Inc. – which he subsequently donated to charity.
The septuagenarian politician will be able to collect an annual pension of $71,340 if he retires from politics at the end of his current Senate term. His pension money is calculated using the current Congressional pension formula.
Bernie Sanders Family / Wife
Bernie Sanders is married to Jane O’Meara Driscoll and has a child and three stepchildren. Jane was formerly the president of Burlington College and was earning a salary of $160,000.
She reportedly received a severance package of roughly $200,000 when she retired – thanks to her career in academia.
Jane receives roughly $5,000 annually for taking part in a state radioactive waste commission.
With the help of Bernie’s personal wealth acquired through his years in elected office, his family has also been able to buy three homes in Vermont and Washington D.C., which has a combined estimated value of at least $1.5 million.
Here are some of our all-time favorite Bernie quotes;
- I am a socialist: of course, I am a socialist. To hold a vision that society can be fundamentally different, to believe that all people can be equal – that is not a new idea.
- If the environment were a bank, it would have been saved by now.
- The problems we face did not come down from the heavens. They are made, they are made by bad human decisions, and good human decisions can change them.
- A nation will not survive morally or economically when so few have so much and so many have so little.
- Nobody who works 40 hours a week should be living in poverty.
- A job should lift workers out of poverty, not keep them in it.
- Americans’ right to free speech should not be proportionate to their bank accounts.
- Real freedom must include economic security.
- I think what the American people are saying is enough is enough. This country, this great country, belongs to all of us. It cannot continue to be controlled by a handful of billionaires who apparently want it all.
- It’s better to show up than to give up.
- Real change never occurs from the top on down, [but] always from the bottom on up.
- The only way change happens is when people become more significantly involved in the political process.
- I’m not really opposed to people changing their minds. I’m much more concerned with people who never change their minds no matter what new information is available.
- The point is, change can come about, but it only comes about when millions of people are actively involved in political struggle, the billionaires may have the money, but we have the people.
- When millions of people stand up and fight…they win.
- Finally, lets understand that when we stand together, we will always win. When men and women stand together for justice, we win. When black, white and Hispanic people stand together for justice, we win.
Quick Facts about Bernie Sanders – Age, Height, Wiki
Full Name: Bernard Sanders
Height: 6ft (1.83m)
Term Start: January 3rd, 2007
Term End: January 3rd, 2019
Average Net Worth: $420,512*
Minimum Net Worth: $129,026
Maximum Net Worth: $711,998
Average 2014 Income: $174,000**
Min. Gross Income: $174,000
Max. Gross Income: $174,000
Date of Birth: September 8, 1941
Place of Birth: Brooklyn, New York
Education: University of Chicago
Marital status: Married (Jane O’Meara Driscoll)