Ben Cardin Net‌ ‌Worth And Income Sources

Senator Ben Cardin’s net worth is estimated to be approximately $700,000, according to the assets mentioned in his financial disclosure [1].

The Illinois Junior Senator gained his net worth through mutual funds and government securities.

Sen. Ben Cardin is a descendant of Jewish Russian immigrants.  Credit: Britannica

Ben Cardin Net‌ ‌Worth: Asset Summary 

Senator Cardin’s net worth is estimated to be around $3.1 million. This was calculated using his assets.

The Illinois Junior Senator’s assets and liabilities are summarized below.

Ben Cardin Net WorthValueIncome/Interest
Mutual Funds$1,300,039 – $3,181,000 $14,213 – $39,900
Government Securities$78,008 – $297,000$1,608 – $8,400
Total$1,378,047 – $3,478,000$15,821 – $48,300

We have included a more in-depth breakdown of Senator Cardin’s assets in the Appendix at the end. These items contribute to Senator Ben Cardin’s net worth estimate above.

Credit: Israel Policy Forum

Ben Cardin Net Worth: Income Sources

Senator Ben Cardin earns income from many different sources. He earns the standard Senate salary of $174,000 per year as a Junior United States Senator [2].

The Maryland Senior Senator also earns money from mutual funds and government securities.

Income Source 1: Salary as a U.S. Senator

Senator Ben Cardin was first elected into the United States Senate in 2006. He receives the default Senator salary of $174,000

Ben Cardin Net Worth: Sen. Ben Cardin was elected to the Maryland House and is one of the oldest Democratic senators.  Credit: Jewish Insider

Income Source 2: Earnings from Assets

Senator Ben Cardin owns assets valued at between $1,378,047 and $3,478,000. This consists of mutual funds valued at between $1,300,039 and $3,181,000, and government securities valued at between $78,008 and $297,000.

The Senator earns between $15,821 and $48,300 in income and interest from his assets.

Ben Cardin Net Worth: Sen. Ben Cardin has criticized the Trump Administration on multiple occasions.  Credit: Britannica

Ben Cardin Bio/Early Life

Benjamin Louis Cardin was born on October 5th, 1943, in Baltimore, Maryland. His family’s name was originally “Kardonsky”, as his grandparents were Russian. Ben Cardin ethnicity is white American. His father, Meyer Cardin, was part of the Maryland House of Delegates from 1935 to 1937 [3] .

Ben Cardin’s religion also follows that of his parents. He attended the Modern Orthodox Beth Tfiloh Congregation. The young Cardin studied at City College High School and graduated in 1961. He then studied at the prestigious University of Pittsburgh and graduated with a Bachelor of Arts in 1964 [4]. 

He then married his current wife, Myrna Edelman Cardin. Cardin then studied at the University of Maryland School of Law and graduated with a Juris Doctor in 1967. 

(Editor: I’m not sure why would someone want to know who is Ben Cardin dating…)

Ben Cardin was then admitted to the Maryland Bar and joined Rosen and Esterson’s private practice.

Ben Cardin Net Worth: the senator has won re-election multiple times.  Credit: The Media Line

Political Career

Ben Cardin was elected into the Maryland House of Delegates while studying in law school in 1966 [5]. He obtained the seat that his uncle, Maurice Cardin, had once held.

Ben Cardin then became chairman in the Ways & Means Committee. He served in this position from 1974 to 1979. Cardin then became the 103rd Speaker of the House before finally leaving office [6].

Ben Cardin developed an interest in joining the United States House of Representatives in 1986. Cardin ran following Congresswoman Barbara Mikulski’s announcement that she would be running for the United States Senate.

Ben Cardin managed to secure the Democratic nomination by receiving 82% of the vote. He then defeated Republican Ross Z. Pierpont in the general election by securing 79% of the vote.

Ben Cardin was heavily liked by the people of Maryland. He was reelected a whopping nine times and ran unopposed in the 1992 elections.

Ben Cardin developed an interest in joining the United States Senate in 2005. He battled against other Democrats in the primaries in 2006. Cardin won election with 44% of the vote. He then faced Republican Michael Steele and defeated him by getting 54% of the votes.

Ben Cardin ran for reelection in 2012 and was challenged by Democrat C. Anthony Muse. Cardin beat Muse by securing 74% of the votes. He then faced Republican Dan Bongino, Independent Rob Sobhani, and Libertarian Imad-ad-Dean Ahmad in the general election. Cardin won with 56% of the vote, thereby retaining his Senate seat. 

Senator Ben Cardin Accomplishments 

Senator Ben Cardin has many accomplishments under his belt as a House and Senate member. He was involved with reforming Maryland’s school financing and property tax system. He also proposed legislation for welfare reform.

Cardin voted for the Countering America’s Adversaries Through Sanctions Act. This act placed sanctions on Russia, Iran, and North Korea [7]. 

Cardin voted to pass the Hire More Heroes Act of 2015. Senator Ben Cardin was also awarded the Order of the Star of Romania in 2017 [8].

Senator Ben Cardin Criticisms

Senator Ben Cardin’s career has remained largely free from controversy. However, he is a liberal Senator and has been the target of multiple attacks from Republicans. 

Jerome Segal, his opponent in the 2018 Senate elections, criticized Cardin for his poor performance as a Senator. In his campaign, he pointed out that Maryland is the richest state in America but that Baltimore had the sixth-highest crime rate of any American city [9]. 

Similar Senator Net Worth and Income Articles:

Biography Ben Cardin 

Legal Name/Birth NameBenjamin Louis Cardin
Ben Cardin Net Worth$3.1 million
Sources of WealthSenior US Senator from Maryland,Mutual Funds, Government Securities, working at a private law firm
Date of BirthOctober 5th, 1943
Ben Cardin’s Zodiac SignBen Cardin’s zodiac sign is Libra
Place of BirthBaltimore, Maryland
Ben Cardin HeightN/A on Ben Cardin Height
Marital StatusMarried 
Partner/SpouseMyrna Edelman Cardin (m. 1964)
Names of ChildrenMichael Cardin, Deborah Cardin

Frequently Asked Questions About Senator Ben Cardin Net Worth

What is Senator Ben Cardin Ethnicity?

Senator Ben Cardin Ethnicity is white American. His grandparents were Jewish Russian immigrants.

What is Senator Ben Cardin Height?

Senator Ben Cardin height is unknown.

Who is Senator Ben Cardin Dating?

There is no one that Ben Cardin dating currently. He has been married to his wife Myrna Edelman Cardin since 1964. (Again, I’m not sure why would someone want to know who is Ben Cardin dating… but it seems “who is Ben Cardin dating” is a frequently asked question…)

When Ben Cardin Celebrates Birthday?

Senator Ben Cardin celebrates birthday on October 5th. He was born in 1943. Senator Ben Cardin’s Zodiac sign is Libra.

Does Ben Cardin have children?

Senator Ben Cardin has two children. They are named Michael Cardin and Deborah Cardin.

How clean is Ben Cardin’s net worth?

As far as we know the Ben Cardin’s net worth seems to be quite clean. Ben Cardin’s net worth is relatively low compared with other senators.

Appendix on Ben Cardin Net Worth

Ben Cardin Net Worth from Mutual Funds

Ben Cardin Net Worth from Mutual FundsValueIncome
LBSAX-Columbia Dividend Income A (NASDAQ)$100,001 – $250,000$1,001 – $2,500
LBSAX-Columbia Dividend Income A (NASDAQ)$100,001 – $250,000$2,501 – $5,000
CVTCX – Calamos Growth & Income C (NASDAQ)$50,001 – $100,000$2,501 – $5,000
AEGFX-American Funds EuroPacific Gr F1 (NASDAQ)$100,001 – $250,000None (or less than $201)
BGRFX – Baron Growth Retail (NASDAQ)$1,001 – $15,000$201 – $1,000
AFIFX-American Funds Fundamental Invs F1 (NASDAQ)$15,001 – $50,000$201 – $1,000
GFAFX-American Funds Growth Fund of Amer F1 (NASDAQ)$15,001 – $50,000$1,001 – $2,500
HCAIX-Harbor Capital Appreciation Inv (NASDAQ)$15,001 – $50,000$2,501 – $5,000
PAVLX-T. Rowe Price Value Adv (NASDAQ)None (or less than $1,001)$1,001 – $2,500
First Trust Select DSIP 2019None (or less than $1,001)$2,501 – $5,000
Invesco Global 45 Dividend Fund 2019-4$15,001 – $50,000$201 – $1,000
Invesco Global 45 Dividend Fund 2019-2None (or less than $1,001)None (or less than $201)
Invesco Global 45 Dividend Fund 2019-1None (or less than $1,001)$201 – $1,000
Invesco Global 45 Dividend Fund 2020-2$15,001 – $50,000$201 – $1,000
First Trust Select DSIP 4th Q 2020 series$50,001 – $100,000$201 – $1,000
Invesco Global 45 Dividend Fund 2020-3C$1,001 – $15,000None (or less than $201)
Advantus Bond (AKA Core Bond Fund)$1,001 – $15,000None (or less than $201)
Ivy VIP Int Core$1,001 – $15,000None (or less than $201)
Advantus Index 400 MidCap$1,001 – $15,000None (or less than $201)
Advantus Real Estate Security$1,001 – $15,000None (or less than $201)
Templeton Develpment Market Security$1,001 – $15,000None (or less than $201)
IFVEX – G Fidelity VIP Equity-Income Po (NASDAQ)$1,001 – $15,000None (or less than $201)
SFT Ivy Growth Fund$1,001 – $15,000None (or less than $201)
SFT Ivy Small Growth Fund$1,001 – $15,000None (or less than $201)
Ivy VIP High Income FundNone (or less than $1,001)None (or less than $201)
Invesco Oppenheimer International Growth Fund$1,001 – $15,000None (or less than $201)
Guaranteed Principal Account (Minnesota Life)$1,001 – $15,000None (or less than $201)
Portfolio 2018$1,001 – $15,000None (or less than $201)
Portfolio 2021$50,001 – $100,000None (or less than $201)
PRTNX – PIMCO Real Return A (NASDAQ)$1,001 – $15,000None (or less than $201)
IGIB – iShares Intermediate-Term Corporate Bond ETF$15,001 – $50,000None (or less than $201)
EMB – iShares JPMorgan USD Emerg Markets Bond (NYSEArca)$15,001 – $50,000None (or less than $201)
IVW-iShares S&P 500 Growth (NYSEArca)$50,001 – $100,000None (or less than $201)
IVE-iShares S&P 500 Value (NYSEArca)$50,001 – $100,000None (or less than $201)
VEA-Vanguard FTSE Developed Markets ETF (NYSEArca)$50,001 – $100,000None (or less than $201)
VWO-Vanguard FTSE Emerging Markets ETF (NYSEArca)$50,001 – $100,000None (or less than $201)
IJH-iShares Core S&P Mid-Cap$15,001 – $50,000None (or less than $201)
AGG – iShares Core US Aggregate Bond$250,001 – $500,000None (or less than $201)
IWM-iShares Russell 2000 ETF$50,001 – $100,000None (or less than $201)
SHV – iShares Short Treasury Bond ETF$1,001 – $15,000None (or less than $201)
IVV – iShares Core S&P 500 ETF$100,001 – $250,000None (or less than $201)
HYG – iShares iBoxx $ High Yield Corp Bd ETF$50,001 – $100,000None (or less than $201)
VMBS – Vanguard Mortgage-Backed Secs ETF$15,001 – $50,000None (or less than $201)
VCSH – Vanguard Short-Term Corporate Bond ETFNone (or less than $1,001)None (or less than $201)
VO – Vanguard Mid-Cap Index Fund ETF Shares$50,001 – $100,000None (or less than $201)
Total$1,300,039 – $3,181,000 $14,213 – $39,900

Senator Ben Cardin Net Worth from Government Securities

Ben Cardin Net Worth from Government SecuritiesValueInterest
Baltimore Co., Md. BondRate/Coupon: 2.25%Matures: 8/1/29$15,001 – $50,000$201 – $1,000
Baltimore Co., Md. BondRate/Coupon: 4%Matures: 2/1/31$1,001 – $15,000$201 – $1,000
Washington Co., Md. BondRate/Coupon: 4%Matures: 7/1/28$1,001 – $15,000$201 – $1,000
Howard Co., Md. BondRate/Coupon: 4%Matures: 2/15/37Filer comment: Bond called by issuer under terms of bondNone (or less than $1,001)$201 – $1,000
Anne Arundel Co., Md. BondRate/Coupon: 3.25%Matures: 4/1/31$15,001 – $50,000$201 – $1,000
Anne Arundel Co., Md. BondRate/Coupon: 4%Matures: 4/1/26$15,001 – $50,000$201 – $1,000
Frederick Co., Md. BondRate/Coupon: 4%Matures: 8/1/29$1,001 – $15,000$201 – $1,000
Cecil Co., Md. BondRate/Coupon: 4%Matures: 11/1/22$15,001 – $50,000$201 – $1,000
Israel BondRate/Coupon: 4%Matures: 1/1/20None (or less than $1,001)None (or less than $201)
Israel BondRate/Coupon: 4%Matures: 02/01/27$15,001 – $50,000None (or less than $201)
Total$78,008 – $297,000$1,608 – $8,400

References on Ben Cardin Net Worth

[1]. – Senator Ben Cardin Net Worth from 2020 financial disclosure

[2]. – Ben Cardin Net Worth on Senator Salary

[3]. – Ben Cardin’s ethnicity

[4]. – Biography Ben Cardin

[5]. – Ben Cardin elected to House of Delegates

[6]. – Ben Cardin was 103rd Speaker of the House

[7]. – Ben Cardin  Countering America’s Adversaries Through Sanctions Act

[8]. – Ben Cardin received Order of the Star of Romania award

[9]. – Ben Cardin Criticism

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