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Democratic Primaries
In reply to the discussion: I'm running against some folks who are billionaires. [View all]Skidmore
(37,364 posts)26. Yep.
https://www.forbes.com/sites/chasewithorn/2019/04/12/how-bernie-sanders-the-socialist-senator-amassed-a-25-million-fortune/#4b1b2d7336bf
In addition to the books are his government pay and pension accounts. Sanders has collected a six-figure annual salary since he joined Congress in 1991, some of which he and his wife (who herself commanded hefty pay as head of now-defunct Burlington College) plowed into personal real estate. Then there are his pensions, which are based on income and years of service. With 28 years in office and a current salary of $174,000, Sanders is entitled to around $73,000 a year from the federal government for the rest of his life. If he were to sell that guaranteed income stream for a lump-sum pile of cash, Forbes figures he could get around $650,000 for it.
https://www.forbes.com/sites/chasewithorn/2019/04/12/how-bernie-sanders-the-socialist-senator-amassed-a-25-million-fortune/#4b1b2d7336bf
As with many Americans, the bulk of Sanders net worth is tied up in his home. Unlike most Americans, however, he owns three. In Burlington, he keeps a four-bedroom, two-and-a-half-bath colonial that he purchased in 2009 for $405,000. Last year, after the hefty book profits started rolling in, Sanders paid off its 30-year mortgage, 25 years early. In D.C., Sanders owns a row house a short walk from the Capitol, which he bought in 2007 for $489,000. Forbes estimates he still has around $350,000 left on the mortgage there.
His vacation pad, however, was paid for in cash. Sanders made headlines when he snapped up a Vermont summer home for $575,000 less than two months after ending the 2016 campaign built on lambasting the rich. Sanders chose a tranquil, four-bedroom, three-bath home with 500 feet of shorefront access on Lake Champlain, 50 minutes north of Burlington. His wife, Jane, told the Associated Press that the couple financed the deal with Bernies book advance money, plus some of her retirement savings and proceeds from the sale of a cabin owned by her family.
Even after the big purchases, the couple has around $500,000 in
In addition to the books are his government pay and pension accounts. Sanders has collected a six-figure annual salary since he joined Congress in 1991, some of which he and his wife (who herself commanded hefty pay as head of now-defunct Burlington College) plowed into personal real estate. Then there are his pensions, which are based on income and years of service. With 28 years in office and a current salary of $174,000, Sanders is entitled to around $73,000 a year from the federal government for the rest of his life. If he were to sell that guaranteed income stream for a lump-sum pile of cash, Forbes figures he could get around $650,000 for it.
https://www.forbes.com/sites/chasewithorn/2019/04/12/how-bernie-sanders-the-socialist-senator-amassed-a-25-million-fortune/#4b1b2d7336bf
As with many Americans, the bulk of Sanders net worth is tied up in his home. Unlike most Americans, however, he owns three. In Burlington, he keeps a four-bedroom, two-and-a-half-bath colonial that he purchased in 2009 for $405,000. Last year, after the hefty book profits started rolling in, Sanders paid off its 30-year mortgage, 25 years early. In D.C., Sanders owns a row house a short walk from the Capitol, which he bought in 2007 for $489,000. Forbes estimates he still has around $350,000 left on the mortgage there.
His vacation pad, however, was paid for in cash. Sanders made headlines when he snapped up a Vermont summer home for $575,000 less than two months after ending the 2016 campaign built on lambasting the rich. Sanders chose a tranquil, four-bedroom, three-bath home with 500 feet of shorefront access on Lake Champlain, 50 minutes north of Burlington. His wife, Jane, told the Associated Press that the couple financed the deal with Bernies book advance money, plus some of her retirement savings and proceeds from the sale of a cabin owned by her family.
Even after the big purchases, the couple has around $500,000 in
primary today, I would vote for: Joe Biden
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Whose supporters constantly remind everyone about how much money he raises.
HarlanPepper
Feb 2020
#5
In comparison Sanders net worth is $2 million and Bloomberg's is $61.7 billion.
CentralMass
Feb 2020
#40
Even though he only has a 'mere' $2 million, he still hides some of his financial situation.
keithbvadu2
Feb 2020
#42
Dems are the only ones standing between this country going into the abyss - nobody should be
UniteFightBack
Feb 2020
#60
A millionaire financed and given voice by more average Americans than any other
Uncle Joe
Feb 2020
#14
for a little context. .. if dollars were seconds, a million bucks would be 11days. a billion
Kurt V.
Feb 2020
#36
Using your logic, no doubt there must be a bunch of billionaires just chomping at the bit
Uncle Joe
Feb 2020
#19
Uh, both of the billionaires currently running for our nomination have proposed raising their taxes.
W_HAMILTON
Feb 2020
#34
Oh geeze, poor downtrodden multimillionaire. Did he say he's running against DEMOCRATS?
George II
Feb 2020
#17
Yeah. I don't know where the notion that if you take money from some people, you
Blue_true
Feb 2020
#37