Senator Bernie Sanders Net Worth: An Overview of His Finances!

By Rahul Rajput On Apr 1, 2023

Bernie Sanders, who has represented Vermont in the Senate since 2007, is a well-known political figure in the United States. Senator Sanders has spent his whole career fighting for liberal reforms and marginalized groups. His wealth and net worth have been the topic of much speculation and discussion in recent years.

Who is Bernie Sanders?

American politician Bernard Sanders has been the senior senator for Vermont in the Senate of the United States since 2007. From 1991 until 2007, he represented an at-large congressional district in his state in the United States House of Representatives. Sanders has served in Congress longer than any other independent in American history.

He is very connected to the Democrats, having caucused with them for most of his time in the House and Senate. He calls himself a democratic socialist and is widely regarded as a pivotal figure in the American progressive movement. Sanders finished in second place for the Democratic nomination for president of the United States in both 2016 and 2020.

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Bernie Sanders Career

Sanders called his time spent in Chicago his “main period of intellectual ferment.” He became involved in the civil rights struggle as a student for organizations like CORE (the Congress on Racial Equality) and the Student Nonviolent Coordinating Committee (SNCC) when he was there (SNCC).

Senator Bernie Sanders Net Worth

Bernie Sanders is a politician in the United States with $3 million in wealth. Since 2007, Bernie Sanders has served as the U.S. Senator for Vermont. He has also run for president multiple times. Bernie’s most recent tax return was submitted in 2018.

The majority of his wealth at the time came from book advances and royalties, which he estimated to be around $1.7 million. In the next section, we break down Bernie’s $4.7 million in earnings between 2009 and 2018. He and his wife have about $1.8 million in mortgages on their three residences, but they also own them outright.

Bernie Sanders Personal Life

Sanders wed his love from college, Deborah Shiling, from 1964 to 1966. Levi (born in 1969) is his only child with Susan Mott. Sanders tied the knot with Jean O’Meara Driscoll in 1988. Dave, Carina, and Heather, Jean’s biological children, now consider him their stepfather.

He is the proud grandfather of seven. He’s released six books, and his infamous filibuster speech is one of them.

Bernie Sanders Income Trends

Bernie and his wife, as per his financial disclosure in 2015, had a combined net worth of $750,000 and an annual income of $250,000 to $300,000. After the 2016 release of his book “Our Revolution,” Bernie’s wealth began to soar. In 2016, Bernie made a little over $1 million, and in 2017, he made over $1.1 million.

The couple earned about $800,000 annually from book advances and royalties during those times. After a decline in his book earnings to $393,000 for 2018, he and his wife Jane had an adjusted gross income of $561,000.

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Bernie Sanders Real Estate

Mrs. Sanders and Mr. Sanders have three houses. A four-bedroom house in Vermont‘s Chittenden County was purchased by the family in 2009 for $405,000 and has since been their primary residence. Congressional Federal Credit Union provided $324,000 in mortgage financing. Zillow estimates that their 2-story, 3-bathroom property is worth about $440,000 right now.

Their $488,999 townhouse purchase in Washington, DC, was made in 2007. Even though comparable properties have recently sold for $800,000 or more, Zillow only assigns this one a value of $685,000.

For $575,000 in 2016, they invested in a second home on Vermont’s Lake Champlain. Previous advertising for the property placed the asking price at $775,000. The log cabin-style house has two stories and sits on 1.1 manicured acres.

Summary

Bernie Sanders is a well-known political figure in the United States who has represented Vermont in the Senate since 2007. He is a democratic socialist and is widely regarded as a pivotal figure in the American progressive movement. He has served in Congress longer than any other independent in American history and is connected to the Democrats.

His net worth is $3 million and he has run for president multiple times. Bernie Sanders and his wife Jane have a combined net worth of $750,000 and an annual income of $250,000 to $300,000.

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