Bernie Sanders, currently serving as United States senator from Vermont, is the longest-serving independent politician in congressional history of the nation. Sanders ran for presidential election two times, in 2016 and again in 2020, but lost both times. As per the speculations, he is one of the Top 10 Democratic Presidential Candidates 2024. Bernie is counted as one of the poorest members of Congress and his net worth stands only at around $2 million. As a senator, Sanders earns a $174,000 yearly salary and has been able to become a millionaire only due to royalties from his books. Other source of Bernie’s income include his wealth from real estate and investments. Bernie has previously also worked as a carpenter, a documentary filmmaker and a writer. Get more details related to the senator such as Bernie Sanders net worth 2023, personal biography, source of wealth, etc in this article.
Bernie Sanders Net Worth as in 2023
In 2015 Sanders’ total reported assets were less than $750,000 but he has managed to earn more than $1 million in 2016 and 2017 respectively, thanks to his best-selling books. In 2020, his net worth was $2 million. As in 2023, Bernie Sanders net worth is estimated tobe around $3 million.
|Net worth (2023)||$3 million (est.)|
Bernie Sanders Personal Biography
Bernard Sanders was born on September 8, 1941, in the Brooklyn borough of New York City to Dorothy Sanders and Elias Ben Yehuda Sanders. His father was born in the current-day Poland and immigrated to the United States in 1921 where he started working as a paint salesman. Bernie is the younger brother of politician Larry Sanders and became interested in politics at an early age due to his family background.
Sanders met Deborah Shiling Messing in college and married her in 1964. The couple had no children and got divorced in 1966. In 1988, Sanders married Jane O’Meara Driscoll, a political strategist, social worker, activist and college administrator. Bernie has one biological son, Levi Sanders (born in 1969 to then-girlfriend Susan Campbell Mott), and three other stepchildren from his second marriage. He also has seven grandchildren, three from his son Levi and four through his stepchildren.
|Full name||Bernard Sanders|
|Profession||Politician, activist, author|
|Political party||Independent (1978 – present) Democratic (2015 – 2016, 2019 – 2020) Liberty Union (1970 – 1977)|
|Other political affiliations||Vermont Progressive (1981 – present)|
|Years active (in office)||1981 – present|
|Education||Brooklyn College, University of Chicago (BA)|
|Place of birth||New York City, U.S.|
|Date of birth||September 8, 1941|
|Spouse||Jane O’Meara (1988 – present) Deborah Shiling (1964 – 1966)|
|No. of children||1|
|Relatives||Larry Sanders (brother)|
|Parents||Dorothy Sanders (mother) Elias Ben Yehuda Sanders (father)|
Sanders in US Senate (2007 – present)
After Senator Jim Jeffords announced that he would not seek a fourth term as the senator of Vermont, Sanders entered the race for the US Senate in April 2005. Sanders was endorsed by popular political leaders such as Chuck Schumer, Harry Reid, Howard Dean and Barack Obama. Finally in the most expensive political campaign that Vermont has ever seen, Sanders was able to defeat businessman Rich Tarrant by an almost 2-to-1 margin. Sanders was reelected as Senator of Vermont in 2012 with 71% of the votes and again in 2018 with 67% of the votes.
Also check: Top 10 democratic presidential candidates
Bernie Sanders Source of Wealth
- The 81-year-old Vermont senator has been one of the least wealthy members of Congress and has only earned the status of a millionaire a few years ago.
- In 2015, the total reported assets of Sanders amounted to less than $750,000.
- For the first time in 2016 Sanders made more than $1 million. Thanks to his book royalties, he earned about $868,000 in that year.
- With the release of another book in 2017, Sanders made around $1.06 million. Out of this $880,000 came from book royalties.
- In 2023, Bernie has an estimated net worth of $3 million.
How Sanders spends his wealth?
Growing up, Sanders belonged to a middle-class family. Although the family was able to afford food and clothing but even the minimal luxury like rugs and carpets were off-limits. Currently, he has a net worth of about 3 million dollars and owns multiple properties in Vermont and Washington DC.
- Bernie owns a one-bedroom townhouse in Washington, DC that he bought for $488,999 in 2007.
- Reportedly Sanders has three homes in Vermont, including a four-bedroom house that he bought for $405,000 in 2009.
- In 2016, Sanders bought one 1,800-square-foot house on the shores of Lake Champlain in Vermont for $575,000.
Frequently Asked Questions
$3 million (approx)
Bernie Sander has earned majority of his net worth from his bestselling books and his salary from the government.