How Much Is Bernie Sanders Worth? Find Out as the Senator Considers Another Presidential Run

Bernie Sanders isn't the richest politician but he has fans.

Don’t double check your calendar. It’s not 2016, but history seems to be repeating itself because Sen. Bernie Sanders will reportedly run for president again in the 2020 election.

The Independent from Vermont is a self-described democratic socialist, and the career politician has fought for the American middle class while admonishing the ultra-wealthy. Here’s a look at his net worth and how he’s earned it as he potentially prepares for a presidential run.

Birthdate: Sept. 8, 1941

Net Worth: $700,000

Primary Source of Income: Career politician

Career Highlights: Mayor of Burlington, Vermont; Congressman, Vermont; Senator, Vermont

Bernie Sanders Net Worth: $700,000

With a rumored net worth of $700,000, Bernie Sanders brings in $174,000 a year in salary as a U.S. senator.

His claim to fame might be taking third place in the 2016 presidential election, but Sanders remains one of the country’s most popular politicians. During the 2016 presidential election, he won over the hearts and minds of millennial voters in part due to his platform of free college tuition, LGBTQ rights, environmental protection, equitable taxes among the socioeconomic classes and relaxed marijuana laws. In the first two years of President Donald Trump’s term, Sanders has been in direct opposition of the president and has voted against the administration’s legislation more than 80 percent of the time.

Another Potential Candidate: How Much Is Howard Schultz Worth? A Look at His Finances as He Mulls Presidential Bid

Democrat Presidential candidate Bernie Sanders
Broadimage/REX / Shutterstock.com

Bernie Sanders’ Start in Politics

Hailing from Brooklyn, N.Y., Bernard “Bernie” Sanders is the son of a Polish immigrant. He and his family lived in a modest rent-controlled apartment. Sanders left Brooklyn for the Midwest to study at the University of Chicago. In the early 1960s, Sanders came of age during the Civil Rights Movement and was a student activist who organized sit-ins in opposition to segregation. He was also one of 250,000 people who descended on Washington, D.C., to hear Martin Luther King Jr.’s historic “I Have a Dream” speech during the March on Washington in August 1963.

Sanders eventually moved to Vermont and hit the political scene in the 1970s. After failed attempts to win a U.S. Senate seat, Sanders focused his efforts on local government, and in 1981, Sanders won Burlington, Vt.’s mayoral race. In 1990, Sanders made the jump to state politics and became Vermont’s sole congressman. Over the past three decades, Sanders has stood up to big pharma, rebuked war, championed the Affordable Care Act and fought for low-income Americans.

He and his wife Jane have four children and seven grandchildren. The couple resides in Burlington.

Click through to read more about the richest and poorest U.S. presidents.

More on Politicians

We make money easy. Get weekly email updates, including expert advice to help you Live Richer™.