Political Wrinkles  

Go Back   Political Wrinkles > General Forum > News & Current Events
Register FAQDonate PW Store PW Trivia Members List Calendar Search Today's Posts Mark Forums Read

News & Current Events Discuss How did Bernie Sanders make his money? A look at his wealth and assets at the General Forum; Socialism - Do as I say.... How did Bernie Sanders make his money? A look at his wealth and assets ...

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 04-13-2019, 12:23 PM
Hairy Jello's Avatar
Deplorable
 
Join Date: Apr 2013
Gender: Male
Posts: 24,450
Thanks: 1,964
Thanked 13,161 Times in 8,236 Posts
Default How did Bernie Sanders make his money? A look at his wealth and assets

Socialism - Do as I say....

How did Bernie Sanders make his money? A look at his wealth and assets

As a self-described Democratic socialist, Sen. Bernie Sanders, I-Vt., has been outspoken about economic inequality.

During his 2016 presidential campaign and beyond, he declared that wealth inequality is “the great moral issue of our time.”

Now that he’s running for president again, the 77-year-old continues to advocate for the poor and middle class, including appealing for a $15-an-hour minimum wage and tuition-free colleges and universities.

And yet, his own net worth is unknown.

Back in 2016, Sanders was allegedly the 19th-poorest U.S. senator, The Washington Post reported. However, he has since published four books, and that's said to have helped make him a millionaire.

"I wrote a best-selling book," Sanders told The New York Times. "If you write a best-selling book, you can be a millionaire, too."

According to estimates from Celebrity Net Worth, Sanders’ net worth is roughly $2 million, based on his book sales, royalties and speaking engagements.

As his presidential bid ramps up, Sanders has received pressure to release his tax returns -- which he promised to do by April 15 last week on “The Daily Show.” He said he plans to release 10 years' worth of returns.

“April 15 is coming,” Sanders told host Trevor Noah. “That will be the 10th year and we will make them all public very shortly.”

Until he releases his tax returns, here’s a look at what is already known about the senator’s income and assets.

Income as a senator

As a senator, Sanders makes $174,000 a year, according to the Congressional Research Service, which reported on Senate salaries last year.

Book royalties

Sanders made $880,091.14 in book royalties in 2017, according to the senator’s financial disclosure documents filed in May 2018.

Those royalties included a $505,000 advance on his book “Where We Go From Here,” which was published in 2018, Newsweek reported.

Sanders has three books published by Macmillan and one book, “Outside in the White House,” published by Verso Publications.

Album royalties

In 1987, Sanders recorded a politically focused folk album through Todd R. Lockwood Works called “We Shall Overcome.”

During his 2016 campaign, the album got some attention -- though not always positive, The Guardian reported.

However, he did make some royalties on the resurfaced music. In his 2016 financial disclosure documents, Sanders reported receiving $2,520.60, but in 2017 he only received $539.47.

Real estate

In 2015, Politico reported, Sanders owned at least two homes -- one in Vermont and one in Washington, D.C.

According to Forbes, Sanders and his wife, Jane O’Meara Sanders, bought a four-bedroom, two-and-a-half-bathroom house in Vermont in 2009 for $405,000. He also reportedly bought a one-bedroom town house in D.C. in 2007 for $488,999.

Sanders bought a third residence in 2016 -- a house on Lake Champlain in Vermont -- for $575,000, according to The Washington Post.

Pension and retirement savings

From 1981 to 1989, Sanders served as the mayor of Burlington, Vt. He receives an annual pension for that service and in 2017, he received $5,137, according to his financial disclosure documents.

According to estimates from Money, Sanders’ retirement savings total more than $1 million.

Other assets

All other assets on Sanders’ 2017 financial disclosure form, including stock and mutual fund accounts, were listed under his spouse, except for two joint accounts -- one with the U.S. Senate Federal Credit Union valued at somewhere between $100,001 and $250,000, and one with the People's United Bank in Vermont -- its value is between $50,001 and $100,000.
__________________

Not an accurate representation of a white person.
Reply With Quote
The Following User Says Thank You to Hairy Jello For This Useful Post:
  #2 (permalink)  
Old 04-13-2019, 06:29 PM
WallyWager's Avatar
Moderator
 
Join Date: Jan 2011
Location: Michigan
Gender: Male
Posts: 11,873
Thanks: 1,576
Thanked 9,027 Times in 5,772 Posts
Default Re: How did Bernie Sanders make his money? A look at his wealth and assets

Welp, Bernie wrote a book. We can't have single payer now. Pack it up folks!



Him having money is only hypocrisy if you don't know sh-t about Bernie, or what he stands for, or his campaign, or what liberals believe. Bernie isn't against having any sort of personal wealth, that's an absurdly phony criticism.
__________________
"I've known Jeff for 15 years. Terrific guy. He's a lot of fun to be with. It is even said that he likes beautiful women as much as I do, and many of them are on the younger side." - Donald Trump, on pedophile Jeff Epstein.
Reply With Quote
The Following User Says Thank You to WallyWager For This Useful Post:
  #3 (permalink)  
Old 04-13-2019, 07:05 PM
PW Enlightenment
 
Join Date: Apr 2013
Gender: Male
Posts: 12,163
Thanks: 9,747
Thanked 8,058 Times in 4,790 Posts
Default Re: How did Bernie Sanders make his money? A look at his wealth and assets

I don't fault Bernie at all for his supposed wealth. Nor do I care to see his financial statements or tax returns. I don't like his ideas.

It's my understanding that the new vacation home was a rollover of an inherited property. Which the article conveniently ignores.
Reply With Quote
  #4 (permalink)  
Old 04-14-2019, 12:02 AM
saltwn's Avatar
PW Enlightenment
 
Join Date: Oct 2007
Location: Esto perpetua
Posts: 81,016
Thanks: 55,344
Thanked 26,233 Times in 18,768 Posts
Send a message via AIM to saltwn Send a message via MSN to saltwn Send a message via Yahoo to saltwn
Default Re: How did Bernie Sanders make his money? A look at his wealth and assets

he's been plotting this for years. first becoming mayor of a small town in a sparsely populated state amassing his wealth and forging an empire.
__________________
Trump’s only true skill is the con; his only fundamental belief is that the United States is the birthright of straight, white, Christian men, and his only real, authentic pleasure is in cruelty. It is that cruelty, and the delight it brings them, that binds his most ardent supporters to him, in shared scorn for those they hate and fear: immigrants, black voters, feminists, and treasonous white men who empathize with any of those who would steal their birthright.~Serwer|The Atlantic
Reply With Quote
Reply

Tags
and, assets, bernie, did, his, how, look, make, money, sanders, wealth

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Forum Jump


All times are GMT -5. The time now is 03:26 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2019, vBulletin Solutions, Inc.

Content Relevant URLs by vBSEO 3.2.0