Supreme Court justices may not make as much as many bankers or lawyers, but the post does come with some pretty nice financial perks.
Of the justices, Antonin Scalia reeled in the most extra cash — Scalia’s noninvestment income topped $US60,000. According to filing forms, most of Scalia’s extra income was a $US33,000 royalty payment for several books that he’s written.
Scalia also makes rent off of his Charlottesville, Virginia home.
As the Center for Public Integrity points out, when the court is not in session, many justices take on speaking engagements and adjunct teaching gigs at prestigious universities.
The returns also reveal substantial investments. Chief Justice John Roberts holds $US500,000 in stocks of Microsoft, as well as $US250,000 in Time Warner.
Supreme Court investments are a point of interest every year because they occasionally result in conflicts of interest.
As the National Law journal reports, in the last term, Justice Samuel Alito recused himself from a Coca-Cola case because he owned stock in the company. Several days before the case, Alito unrecused himself after selling off his stock.
The Associated Press reports that Justice Stephen Breyer sat out of a Cisco case because of the justice’s $US100,000 worth of Cisco stock.
Most of the money that the justices are bringing in each year comes from book royalties and small college speaking fees.
But the returns also reveal how the justices make little extra money on the side compared with other officials in different branches of government. Where many legislators can easily accumulate wealth as lobbyists or higher-ups in the private sector after leaving office, the lifetime appointments of justices keep their incomes relatively modest.
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