How Much Is Bernie Sanders Worth? A Look at the Finances of the Presidential Candidate

Sanders announced his second run at the presidency on Feb 19.
  • Sen. Bernie Sanders emphasized his stance on Medicare for All at the 2020 Democratic presidential debate on June 27.
  • Early polls show the septuagenarian ranking among the most popular candidates.
  • The outspoken senator is reportedly worth $2 million.

The second round of 2020 Democratic presidential debates took place June 27, and Vermont Senator Bernie Sanders didn’t hold back when facing off against the party’s more centrist candidates, advocating for “real change.” He emphasized his stance on Medicare for All, raising his hand when asked if he would give up his private insurance plan for a government-run alternative.

Sen. Sanders shared the stage with Sen. Kamala Harris, D-Calif.; former Vice President Joe Biden; Sen. Michael Bennet, D-Colo.; South Bend Mayor Pete Buttigieg; Sen. Kirsten Gillibrand, D-N.Y.; former Colorado Gov. John Hickenlooper; Rep. Eric Swalwell, D-Calif.; Marianne Wilson and Andrew Yang.

Early polls show Sen. Sanders toward the top of the pack, along with Biden, Sen. Harris, Buttigieg and Sen. Elizabeth Warren, D-Mass.

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. Sen. Sanders has been a longtime champion for the American middle and lower classes. Here’s a look at his net worth as he prepares for another presidential run.

Birthdate: Sept. 8, 1941
Net worth: $2 million
Primary source of income: Career politician
Career highlights: Mayor of Burlington, Vermont; Congressman, Vermont; Senator, Vermont

Bernie Sanders Democratic Presidential candidate speaks at Iowa rally
Nati Harnik/AP/REX / Shutterstock.com


Bernie Sanders Net Worth: $2M

Sanders is worth $2 million, according to Celebrity Net Worth, and 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.

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

Compare: A Look at Sen. Kamala Harris’ Finances

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 the mayoral race in Burlington, Vermont. 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.

Learn: Bernie Sanders’ Student Loan Forgiveness Plan Works for Millennials, but What About Everyone Else?

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

Read more about the richest and poorest U.S. presidents.

More on Money

Erika Giovanetti contributed to the reporting for this article.

Financial figures are accurate as of Feb. 19, 2019.

About the Author

Sean joined the GOBankingRates team in 2018, bringing with him several years of experience with both military and collegiate writing and editing experience. Sean’s first foray into writing happened when he enlisted in the Marines, with the occupational specialty of combat correspondent. He covered military affairs both in garrison and internationally when he deployed to Afghanistan. After finishing his enlistment, he completed his BA in English at UC Berkeley, eventually moving to Southern California.