Tom Steyer, net worth - $1.6 billion
Tom Steyer tops the list of the wealthiest presidential candidates. In 1986, he founded Farallon Capital which later became one of the largest US hedge funds. In 2012, Steyer left Farallon Capital to devote himself full-time to politics and environmental activism. This surprised experts, as Steyer had previously invested in the production of fossil fuels. The politician explained such a drastic change in his rhetoric by a reassessment of personal values.
John Delaney, net worth - $200 million
Businessman John Delaney is ranked second on the list. Delaney is a three-term congressman. In 1993, he created HealthCare Financial Partners, a company involved in healthcare loans. Notably, Tom Steyer is one of the company’s main donors. His hedge fund invested $25 million into HealthCare Financial Partners. John Delaney started his second company in 1999. The businessman founded CapitalSource, a commercial loan firm. Interestingly, the hedge fund of Tom Steyer made an investment of about $190 million into Delaney’s CapitalSource.
Michael Bennet, net worth - $15 million
The third wealthiest presidential candidate is Michael Bennet, a member of the Democratic Party and a US senator. In 1997, he made a fortune working at Anschutz Investment for the Republican Philip Anschutz. Bennet merged three movie theater chains into a single Regal Entertainment Group. The deal brought Mr. Bennet a substantial profit. He later joined the company's board of directors. Currently, the politician is actively investing in large hedge funds.
Elizabeth Warren, net worth - $12 million
Elizabeth Warren takes fourth place in this ranking. Warren is a lecturer at Harvard University. The fortune of Elizabeth Warren and her husband, Bruce Mann, who holds a similar position, consists of royalties for books, articles, and consulting. Warren considers a house in Cambridge, which she acquired for $447,000 in 1995, to be one of her most profitable investments. At the moment, the house is worth $3 million.
Joe Biden, net worth - $9 million
The fifth wealthy presidential candidate is Joe Biden known by the nickname Middle-Class Joe. For the two years since his departure from the White House, Joe Biden and his wife have earned more than $15 million by publishing several books in collaboration with Flatiron. In 2017, the couple purchased a 450 square meters house in Rehoboth Beach for $2.7 million.
Bill De Blasio, net worth - $2.5 million
The sixth on this list is Bill De Blasio, the Mayor of New York. He made his fortune by investing in real estate. In 2000, Bill De Blasio and his wife purchased a townhouse in Brooklyn. Then, in 2004, they bought another house of about 150 square meters. By now, property prices in Brooklyn have skyrocketed. As a result, Bill De Blasio earned $108,450, renting both buildings.
Bernie Sanders, net worth - $2.5 million
The seventh place in the rating goes to senator Bernie Sanders. After running for the presidency in 2016, he signed three contracts with publishing houses. This turned out to be a very profitable deal: he earned about $2 million for the publication of his books. Consequently, Bernie Sanders joined the top 1% of the wealthiest people in the United States.
Cory Booker, net worth - $1.5 million
The eighth richest presidential candidate is Cory Booker, a senator from New Jersey. In 2013, he owned shares of popular companies such as Netflix, Facebook, and Amazon. Later Booker sold his assets and put the money into savings accounts. Nowadays, the politician owns a 260 square meters house in Newark, where he served as mayor from 2006 to 2013. Compared to the other 14 presidential candidates of 2020, Cory Booker’s annual charity donations are the highest, about 11% of his income.
Andrew Young, net worth - $1 million
Andrew Young, the son of immigrants from Taiwan, is ranked eighth richest presidential candidate. At the beginning, Young was involved in the creation of startups. In 2000, he founded Stargiving.com, a website which allowed investors to meet celebrities. Then, Young worked in technology and healthcare companies. In 2006, he became CEO of Manhattan Prep, a test preparation company. When Andrew Young joined Manhattan Prep, its revenue increased to $11 million.
Pete Buttigieg, net worth - $100 thousand
Pete Buttigieg closes the top 10 of the wealthiest US presidential candidates. Buttigieg is the former mayor of South Bend. Experts considered him to be the poorest and youngest (37 years old) presidential candidate. In 2010, Mr. Buttigieg gave up his high-paying job at McKinsey to run for the Indiana Treasurer of State. He lost the election. However, in 2012, he became the Mayor of South Bend. At the same time, Pete Buttigieg received the highest level of financial support, as 23 American billionaires made financial contributions to his presidential campaign.
For nearly a century, the US-based weekly periodical Time has closed out the year by selecting the person who has had the most significant impact on the global stage—not necessarily a positive one. This year, the magazine's cover features Donald Trump, who recently won the US presidential election. Let's find out who else was honored by Time and in which nimonations.
Following his election victory, Donald Trump, a billionaire himself, once again decided to include prominent magnates in his administration, as he did during his first presidential term. As a result, Trump's current cabinet features seven billionaires, making it one of the wealthiest in US history. Let's find out who these billionaires are and the roles they have been assigned.
Not long ago, the United States held a presidential election, where Donald Trump emerged victorious. Today, he is recognized as the wealthiest American leader in the country's history. Let's take a closer look at other former US presidents who also achieved significant financial success.
