Elizabeth Warren’s Book Royalties Are Nearly Three Times Her Senate Salary

See what the possible 2020 presidential candidate earns.

Sen. Elizabeth Warren (D-Mass.), a likely 2020 presidential contender, released results of her DNA test on Oct. 15 to appease repeated demands that she confirm her ancestry. According to an expert’s interpretation, there is “strong evidence” Warren’s lineage is connected to a Native American ancestor.

Warren’s heritage has long been a point of speculation for President Donald Trump, who has publicly mocked her, calling her “Pocahontas.” Trump, who has a penchant for bestowing demeaning monikers, once offered to administer a DNA test to Warren in exchange for a $1 million charitable donation.

Click to find out who the richest politician is in every state.

Warren has yet to announce her presidential bid, but political experts hypothesize her heritage transparency announcement is another step in the punctuated chain of events leading up to her eventual bid. As with most candidates, her finances will likely come under more detailed scrutiny the closer she gets to announcing her candidacy. Here’s a look at the senator’s earnings.

Elizabeth Warren Net Worth: $8 Million

Elizabeth Warren’s net worth was estimated to be between $7.8 million, according to OpenSecrets.org, and $8.75 million, according to CNN, in 2015. CelebrityNetWorth currently pegs her in between those figures at $8 million.

As one of Trump’s most vocal Democratic adversaries, Warren introduced the Anti-Corruption and Public Integrity Act in Washington in August 2018. The law would require all congressional candidates to release the two most recent years of tax returns. Warren herself released 10 years’ worth of state and federal tax returns a day after proposing the new law. Her disclosure revealed a combined gross income of $913,000 in 2017 between her and husband Bruce Mann.

Warren’s reported salary as a U.S. senator is a modest $174,000 compared with the $430,370 she earned as a best-selling author. Also in 2017, the couple donated $82,000 — about 9 percent of their earnings — to charities.

Related: John McCain Donated Over $10M to Charity From Book Sales, Campaign

Warren’s Middle-Class Background and Rise in the Senate

Before she was an elected official, Warren grew up in a family “hanging on by their fingernails to their place in the middle class,” according to her official website. Saddled with family financial hardships, Warren received a scholarship to George Washington University but dropped out to get married at age 19.

She later returned to college and continued on to law school. Warren left her law practice and began teaching law at her alma mater, Rutgers Law School. From there, Warren and her husband, a Massachusetts native, moved to Cambridge, where Warren taught at Harvard Law School.

Warren has served as Massachusetts’ senior senator since 2013. During her tenure in the Senate, Warren has opposed big banks, fraudulent lenders and for-profit educational institutions.

Learn: How to Budget Your Paycheck Like Elizabeth Warren and Jean Chatzky

Here are a few quick stats on Elizabeth Warren:

  • Date of birth: June 22, 1949
  • Birthplace: Oklahoma City, Okla.
  • Residence: Cambridge, Mass.
  • Marital status: Married to Bruce Mann
  • Children: Amelia and Alex
  • Education: Attended George Washington University, University of Houston, B.A., Rutgers University, J.D.

More on Politicians’ Net Worths

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