Bernie Sanders Net Worth: 5 Fast Facts You Need to Know 1. He Has a Net Worth of About $300,000,

[snagglepuss]

1. He Has a Net Worth of About $300,000, Making Him One of the Poorest of the Presidential Candidates


Bernie Sanders’ public disclosures place his net worth at between $194,026 and $741,030, Politico reported. Some media sources just take the highest number and report his net worth at $700,00, but this is inaccurate. The total is likely around $300,00, since as early as 2013 he had an estimated net worth of $330,000, NPR reported. This is far below most members of Congress, where the median net worth in 2013 was $1 million. In the Senate, the median was $2.8 million.


2. Sanders Struggled When He Was Younger, Even Having His Electricity Turned Off at One Point

A meme began circulating in February, called the Bernie Sanders Loser Meme, that said he was a loser for having a low net worth and living off welfare for a time. But Snopes disputed the meme, pointing out that he worked hard even if he didn’t have an official “9-to-5” job. In fact, Sanders spent most of his free time campaigning, working for what he was most passionate about — helping the less fortunate, even to his own detriment.


3. Most of His Income Comes from His Salary as Senator, And He Donated Royalties From His Book to Charity

Most of Sanders’ income has, now and historically, come from his political jobs. When he was elected mayor in 1981, the salary of $33,800 was more than he had ever made, Politico reported. In 2014, his household took in more than $205,000, paying nearly $28,000 in taxes. Most of this is from his Senator salary of $174,000. He also receives a yearly pension of $5,000 from his time as Burlington mayor.

Some of his income comes from investment funds. Sanders also receives royalties from his book, “The Speech,” but he donates all of these to charity. In 2011 and 2012, he made $26,000 in royalties from his book and donated it all to charity.


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5. He Grew Up Poor, With His Parents Often Arguing Over Money

Bernie Sanders didn’t grow up with money. He grew up hearing his parents argue about money all the time, Politico reported. He mother was a homemaker and his dad sold paint. Sadly, by the time he was 22, both his parents had died. Sanders said:

I learned what havoc and pain is caused by the constant worry over money. People who come from money sometimes don’t understand that anxiety.”



http://heavy.com/news/2016/03/bernie-sanders-net-worth-money-raised-salary-income-debt-wife-welfare-president-meme-photos/

[we can do it]

1. Hard to believe that.

I find it hard to believe that someone with an annual salary of $174,000 only has a net worth of $300,000.