The top Democratic Presidential candidates include Joe Biden, Bernie Sanders, Kamala Harris, Pete Buttigieg, Elizabeth Warren, Beto O’Rourke, Andrew Yang, and Tulsi Gabbard.
Below is CNN’s own Democratic 2020 power rankings.
Given there are so many Democratic Presidential candidates, let’s just look at the top ones.
Net Worths Of The Top Democratic Presidential Candidates
Joe Biden: Biden left his role as Vice President with a net worth of close to zero. But since then, his net worth has skyrocketed to between $5 – $8 million thanks to a multi-millionaire dollar book deal he signed.
Kamala Harris: Harris has a net worth of between $1.5 – $2 million herself. But she’s married to a partner at a law firm, which means their combined net worth is likely closer to $10 million given their age, income, and seniority.
Beto O’Rourke: Despite classifying himself as an everyday man, O’Rourke is worth at least $10 million, while his wife is likely worth in the tens of millions given her father is worth a half a billion dollars.
Tulsi Gabbard: Gabbard is one of the least wealthy candidates with a net worth of only around $500,000. At only 37 in 2019, she hasn’t had enough time to let her investments compound. She also served in the military, which doesn’t pay very well.
Bernie Sanders: The leader of the Democratic Socialist movement is actually worth between $5 – $10 million. Given his advanced age, Sanders has been able to see his investments compound over a 50 year period since graduating from law school.
Alexandria Ocasio-Cortez: AOC is a media darling and will likely ascend in the political rankings. Just a year before becoming a congresswoman, she was waiting tables to pay off her student loans and survive. Therefore, her net worth in 2019 is roughly zero. But in 10 years, AOC should become a millionaire by the age of 39.
Peter Buttigieg: At 37, Buttigieg is also quite young. He has been earning about $100,000 a year since he was about 25 years old as a consultant and Mayor of South Bend, Indiana. Buttigieg is estimated to have a net worth of around $500,000.
Democrats Are Quite Wealthy
All the Democratic Presidential candidates are either millionaires or likely will become millionaires within the next 10 years. The wealthiest Democrat in office now is Nancy Pelosi, who is worth an estimated $200 million.
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About the Author: Sam worked in investing banking for 13 years. He received his undergraduate degree in Economics from The College of William & Mary and got his MBA from UC Berkeley. In 2012, Sam was able to retire at the age of 34 largely due to his investments that now generate roughly $250,000 a year in passive income. He spends time playing tennis and taking care of his family. Financial Samurai was started in 2009 and is one of the most trusted personal finance sites on the web with over 1.5 million pageviews a month.