How much is Bernie Sanders worth?
|Net Worth:||$2.5 Million
|Profession:||United States Senator|
|Date of Birth:||September 8, 1941|
|Country:||United States of America|
Who Is Bernie Sanders
Bernard (Bernie) Sanders is a former U.S Presidential candidate and the current United States Senator from Vermont, born on the 8th of September 1941 in Brooklyn, New York. As a politician, he is famous for anti-establishment views, an untamed mane, and constantly rumpled appearance.
He served as the mayor of Burlington, New York, from 1981 to 1989. in 1990 decided to run for the U.S. House of representatives for Vermont, and having successfully won that first election, his popularity meant held his seat for eight more terms, from 1991 until 2007. When he decided to run for the U.S. Senate, once again, his fame in Vermont meant he has successfully held that Senate seat ever since.
United States Senator Bernie Sanders has a net worth of $2.5 million dollars, as of 2020.
How Did Bernie Sanders Get So Rich?
Being a politician in the U.S. would have to be considered a well-paid career. U.S. Senators receive $176,000 a year and receive up to 80% of this for life upon retirement. Looking at these facts alone, It would be difficult to argue the Sanders is not prosperous, especially in comparison to the rest of the population.
The vast majority of his wealth did come from three-book deals between 2016 and 2018. It is hard to know exactly how much he earned from these books, but his tax returns indicate it could be around $850,000 in 2016 and again in 2017 from direct royalties from these books. CNBC also estimated he made nearly $400,000 in 2018 in book royalties. So an estimated 2 million dollars in book royalties is undoubtedly a substantial amount of wealth. Especially when you consider he has always tried to hold himself apart from the wealthy of Washington,
But when you compare this money to the wealth of some of his fellow lawmakers in capitol hill, Bernie Sanders, while undoubtedly famous, doesn’t even make the top 100 most affluent members in Congress. Some of them have a wealth of over 100 million dollars.
Why Is He So Famous?
Up until 2015, Sanders was a vocal and somewhat influential American politician. But he shot from domestic to international fame in 2015 when he announced his candidacy for the President of the United States.
He sought to be nominated as a member of the democratic party. He had always run as an independent before that. His campaign for the Presidency in 2016 while ultimately unsuccessful, having lost the Democratic nomination to Hillary Clinton, his grassroots appeal was visible, and it helps shoot him into the limelight, where he has stayed ever since. So successful was his campaign that he sought the nomination again in 2020; unfortunately, he was once still unsuccessful losing the nomination on this occasion to Joe Biden.
Central to Sanders’s campaign is his alternative views on politics. They are actively encouraging younger and everyday citizens to take a more active part in the political process. This message prompted many more progressive social democrats such as AOC (Alexandria Ocasio-Cortez) to run for office in 2018 successfully. Despite his failure to get the presidential nomination from the democratic party in 2016 and 2020, Bernie Sanders remains an extremely decisive yet hugely popular figure in U.S. politics.
What Makes Him So Successful?
There are many reasons for Bernie Sanders’s success. Still, the primary reason for his popularity is that a large proportion of the American population views him as an alternative to the existing political status quo.
He is vocal in his opposition to traditional American politics. Many disenfranchised voters see Sanders as the answer to a fundamentally broken democratic system in the U.S. This became obvious when he was fundraising for his run to seek the Democratic nomination in opposition to Hillary Clinton. He received more independent donations than any other candidate in both 2016 and 2020.
One of his favorite phrases is flip-flopping as he prides himself on being consistent, delivering a coherent political message for nearly 40 years. In recent years. His success has been mainly based on his ability to attract support from millennials. Even though he has an extensive support base from Octogenarians to teenagers. There is no denying that without the support he receives from millennials, Sanders couldn’t have been considered a presidential campaign, his fight would never even have got off the ground.
He’s a vocal supporter of many of their main concerns, climate change, and the fact that it is an existential threat. He’s the only major candidate who can risk openly going against the establishment and trying to tackle the issue. He was not afraid to call climate change the worst trench that’s the U.S. bases in the long term, because he does not take any money from the companies causing the pollution, to begin with.
Because of his message’s consistency and honesty, millions of Americans view him as a positive conduit for change. They trust that he has their best interests at heart. Sanders’ support has resulted in a popular movement springing up across America, a series of grassroots organizations for now supporting multiple independent candidates elections across all 50 states. Even though his election campaigns were ultimately unsuccessful, the impact he has had on the American political landscape is undeniable.
America is angry, and they needed a candidate to behind, someone they felt represented them. Someone who could give them some optimism and hope that there is a better future ahead for all Americans, especially in the face of the challenge of dealing with a Trump presidency. In the eyes of Bernie supports, he is a president who adds to the frustration surrounding the inequalities in the U.S. system every time he opens his mouth. They see Donald Trump as just highlighting the inability or unwillingness of many generations of political leaders to implement policies that affect any meaningful changes.
Ultimately his inability to gain the support of establishment democrats led to the eventual downfall of his campaign. This became abundantly clear in the 2020 South Carolina Democratic primary. The whole democratic establishment turned on Sanders because he threatened the easy street they were on, and Joe Biden won their resounding endorsement after a blowout victory.
But this has changed nothing when it comes to popularity, fame, and effectiveness. When it comes to Bernie Sanders, there’s no doubt that he would remain at the forefront of the political scene in the U.S. today and into the future.
As a consequence of his political astuteness and fame, Bernie has managed to earn millions of dollars. But it’s hard to believe that he is in any way motivated purely by wealth accumulation like other politicians.