|Net Worth:||$2 million|
|Real Name:||Bernard Sanders|
|Source of Wealth:||American Politician|
|Country of Origin:||Brooklyn, USA|
|Age:||8 September 1941 (age 79 years)|
|Spouse:||Jane Sanders (m. 1988), Deborah Shiling (m. 1964–1966)|
|Education:||The University of Chicago (1964), Brooklyn College, James Madison High School|
|Last Updated:||January 2021|
Senator Bernie Sanders is the wealthiest person to step into the Democratic primary race of 2020. Bernie Sanders’s net worth is in millions this year. His call for the tax on the nation’s wealthiest residents and undue attention on the “millionaires and billionaires” of the country made his wealth a flashpoint bringing alongside accusations of politician’s hypocrisy.
The most asked question- What is Bernie Sanders’s net worth?
According to Forbes reports, in 2019, Bernie Sanders’s net worth was at $2.5 million. Politico reported it to be a little under a scale of 2 million dollars. The Center for Responsive Politics estimates a candidate’s minimum and maximum worth. By the Center for Responsive Politics, Bernie Sanders’s net worth lies between $729,030 and $1,837,701.
Bernie Sanders childhood and upbringing
Bernie Sander is the son of a Polish immigrant who was a paint salesman and a home-maker mother. He was born and brought up in a lower-middle-class family in Brooklyn’s Flatbush neighborhood.
The lawmaker has mentioned many times that his upbringing has helped him understand the world better. In 2015, his brother had told NPR that his parents fought over money most of the days. They were not sure if they will be able to give the rent in the next month. Bernie and his brother learned from them the importance of money and that financial problems never remain only financial problems. They intrude on people’s lives, becoming their problems too.
Sanders did his schooling at James Madison High School. His first election was in high school, which he lost becoming the last out of three candidates for student body presidency, campaigning on aiding Korean War orphans. After that, he became an active participant in school fundraising activities for orphans. He was curious about politics from an early age. He lost his mother and father just after a few years of his graduation.
Bernie started studying at Brooklyn College in 1959. After a year, he changed his college and shifted to the University of Chicago from where he graduated with a Bachelor of Arts degree in political science in 1964. He claims to be a mediocre student in his college. According to him, the classrooms were boring and irrelevant, and the community was important.
How did he build his huge finance?
Sanders slowly grew more prominent. He climbed the steps from the lower-middle to upper-middle-class and finally went to earn his millionaire status. He has worked in several occupations from pre-school teacher to carpenter to the mayor of Burlington, Vermont, in 1981. He was then appointed to the House in 1990 and Senate in 2006.
In the 2016 campaign, Sanders was announced to be the 19th weakest congress member with a worth of $211,039 to $ 682,518.
Book deals and sales have been a huge reason for his huge net worth
A vast number of his wealth comes from his book deals and sales. From 2016 to 2018, Sanders sold three back to back hit books, namely: Our revolution: A future to believe in, Bernie Sanders Guide to Political Revolution, Where we go from here, Two years in the resistance. Sanders made around $850,000 in 2016 and 2017 in book royalties and more than $390,000in 2018, CNBC. Sanders had stated that education should be a right for all, not a privilege for a few.
Sanders earned near about 174,000 dollars a year from his Senate salary. He is entitled to two pensions from the city of Burlington and the Federal Government as per Forbes.
In 1964, Sanders married Deborah Shiling Messing, whom he met in college. But they got divorced in 1966 with no children. He has one biological son, Levi Sanders, born in 1969, to his ex-girlfriend Susan Campbell Mott. In 1988, Bernie got married to Jane O’Meara Driscoll. She later became the president of Burlington College, Vermont. Jane has got three children, two sons, and one daughter. Sanders has seven grandchildren. Sanders considers them to be his children like his biological son Levi. Jane and Sanders own three houses.
Bernie Sanders and Jane Driscoll own three houses, a row house in Capitol Hill, a lake-front summer home they bought in North Hero, and Burlington’s New North End. The House they purchased in 2009 costs $405,000 has a four-bedroom, two-and-a-half bathtub place metropolis. The townhouse of D.C was bought with $489,000 in 2007. The third one was $575,000, which he purchased after the legislator terminated his 2016 campaign. They presently have one mortgage, calculable at $250,001 to $500,000, per CNBC.
Career in Politics
Bernie Sanders stepped in his electoral political career first in 1971 as a member of the Liberty Union Party. In 1972 and 1976, he turned into the Liberty Union Candidate for governor of Vermont. In 1972 and 1974, he was a candidate for U.S. senator. From 1981 to 1981, he served as the mayor of Burlington, Vermont. He won that election by a vast number of votes. He served as a member of the U.S. House of Representatives from 1991 to 2007. He got unaffiliated with any political party. Sanders sought the Democratic nomination in the United States presidential elections of 2016 and 2020.
In 2015, the Black Lives Matter group in Seattle shouted on Bernie Sanders in the course of his last presidential run. He was accused of not seeing the problems faced by African-Americans not thoroughly. Later he was approved by one of the founders of Back Lives Matter. Sanders has rejected the idea of redressing African-American slaves’ descendants but had to reconsider it due to some issues.
On January 14, 2020, the CNN sponsored debate between Democratic candidates. It became a subject of criticism over perceived bias against Sanders, mostly concerning the moderator Abby Phillip’s handling of the he-said and she-said controversies between Sanders and Senator and Elizabeth Warren. On April 8, 2020, Sanders had suspended his campaign.