04/14/2019

How Did Bernie Sanders Make His Money? A Look At His Wealth And Assets

Ann W. Schmidt, Fox News

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.

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With interest rates flattened [by the Federal Reserve], government zeroes out the future. Abandoned were 80 percent of private defined-benefit pension plans. Public plans faced a similar evisceration in the future. With no acknowledgement, the U.S. government had casually dispossessed the American middle class of its retirement assets and pushed millions of Americans into acute dependency on government programs. ... Government dependency negated the American dream.

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