- Bernie Sanders, the independent senator from Vermont and newest presidential hopeful, made at least $US1 million in both 2016 and 2017, primarily because of royalties from his books.
- One estimate puts his total net worth as high as $US2 million.
- The 77-year-old lawmaker earns a $US174,000 salary as a senator.
- Sanders has two homes in Vermont and a townhouse in Washington, DC.
The Vermont senator is worth as much as $US2 million, according to the financial website The Street – although his exact wealth is unknown.
Sanders earns a yearly salary of $US174,000 as a senator, and his total reported assets were less than $US750,000 in 2015. But he earned more than $US1 million in both 2016 and 2017, primarily because of royalties from his books, financial-disclosure documents show.
The 77-year-old senator has been known as one of the least wealthy members of Congress.
Business Insider reached out to the senator’s office for comment on his net worth but did not receive a response by the time of publication.
Here’s what we know about Sanders’ wealth and assets.
Bernie Sanders, the independent Vermont senator running for president for a second time in 2020, is worth as much as $US2 million, according to one estimate.
Source: The Street
Sanders makes $US174,000 a year as a senator, and his total reported assets amounted to less than $US750,000 in 2015.
However, the senator’s income has seen a jump in the past couple of years.
Sanders made more than $US1 million for the first time in 2016, largely thanks to book royalties, which earned him about $US868,000 that year.
He released “Our Revolution” in November 2016 and “Bernie Sanders Guide to Political Revolution” in August 2017.
In 2017, Sanders made about $US1.06 million, and more than $US880,000 of that came from book royalties.
Sanders reportedly owns three homes, including a four-bedroom house in Chittenden County, Vermont, that he bought with his wife, Jane, for $US405,000 in 2009.
The senator also owns a one-bedroom townhouse in Washington, DC, that he bought in 2007 for $US488,999.
In 2016, Sanders bought a 1,800-square-foot house on the shore of Lake Champlain in Vermont for $US575,000.
Source: Washington Post
Sanders served as the mayor of Burlington, Vermont, from 1981 to 1989, a position that earned him about $US33,700 per year.
He previously worked as a carpenter, a documentary filmmaker, and a writer.
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