Due to her prominence in American politics and academia, it’s no wonder why so many wonder about Elizabeth Warren’s net worth and how she accumulated her wealth. In the following article, we’ll answer these burning questions and provide you with all other relevant financial information related to Senator Warren.
Who is Elizabeth Warren?
Elizabeth Warren is a US Senator from Massachusetts, serving in the Senate since 2013. Before her political career, Warren was a professor of law, specializing in bankruptcy. She taught at several universities, including Harvard Law School, and authored numerous books on financial topics. Senator Warren is also known for her advocacy on consumer protection, economic opportunity, and the social safety net. She ran for the Democratic nomination for President in 2020 but lost to Hillary Clinton in the process.
Elizabeth Warren’s net worth
Elizabeth Warren’s net worth was estimated by Open Secrets’ report in 2018 to be $7,977,513. Based off her financial disclosure for year 2023, Warren’s total assets are worth between $4,068,013 and $9,295,002.
Disclaimer: Estimating a lawmaker’s net worth is challenging because disclosure forms do not mandate exact values. Instead, lawmakers report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more. Additionally, most Members of Congress earn $174,000 annually, but this isn’t required to be disclosed
How did Elizabeth Warren make her money?
From what we were able to gather, Elizabeth Warren has multiple sources of income. Here are some of the ways she has made her money:
- Senate salary: As a United States Senator, she earns an annual salary of $174,000;
- Book deals: As an author of several books, Warren makes money from book deals. For example, she made more than $300,000 from books in 2018;
- Lecturing and consulting: Apart from writing, she also earns income from lecturing and consulting;
- Businesses and donations: She earns annually through various businesses and donations;
- Investments: Warren and her husband also hold funds that invest in stocks, bonds, and real estate.
Warren’s assets and investments
Based off her financial disclosure report for year 2023, Elizabeth Warren’s top assets include:
- TIAA-CREF Traditional mutual fund worth between $1 million and $5 million;
- QREARX—TIAA Real Estate Account mutual fund valued from $500,001 to $1 million;
- QCGLIX—CREF Global Equities Account—R3 mutual fund ranging from $250,001 to $500,000;
- First National Bank of Omaha bank deposit worth between $100,001 and $250,000;
- Bank of America bank deposit valued between $50,001 and $100,000.
Insider trading involvement
There are no public records or credible reports that suggest Warren’s involvement in insider trading. In fact, she has called for investigations into potential insider trading activities by other government officials. Moreover, Warren even introduced a bill that bans Members of Congress and their spouses from owning and trading individual stocks, bonds, commodities, futures, and other securities.
How much is Elizabeth Warren worth?
Although not at the very top, Elizabeth Warren’s total assets are worth between $4,068,013 and $9,295,002, making her a part of the richest echelon of US senators. Nevertheless, with no public record of any financial controversies, it’s hard for an average American to make a case against her personal wealth in any way.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
