Bob Menendez Net Worth and Income Sources

Senator Bob Menendez Net Worth Overview

Bob Menendez’s net worth is about $600,000  according to reputable online sources.

Bob Menendez is a senior United States Senator. He has been in politics since 1982. His net worth is composed of residential property, bank savings, and retirement plans.

Senator Investment and Assets

Sen. Menendez’s net worth is composed chiefly of residential property and bank deposits. The following table shows the components of his net worth as per publicly disclosed financial statements. [1]

Bob Menendez Net Worth ItemsValue
Real Estate – Residential Property (Union City, NJ)$250,000 – $500,000
Bank Savings$115,002-$300,000
Bob Menendez Net Worth Estimate$365,002- $800,000

Based on the disclosed financial statements for 2020, we have calculated Bob Menendez’s net worth to be between $365,002 and $800,000.

The official portrait photo of U.S Senator Bob Menendez (D-NJ) in 2015.  Credit: Wikipedia Commons

Senator Bob Menendez Income

Sen. Bob Menendez earns income as a senator. [2] Moreover, a state retirement plan also contributes to his net worth.

Income Source 1: Salary as a Senator

Sen. Bob Menendez has been earning income as New Jersey’s Senator since 1991. His income in 2021 was $174,000. [2]

Sen. Menendez announcing a $12+ billion relief package for New Jersey. Credit: Instagram@senatormenendez

Income Source 2: Investment and Retirement Plans

Sen. Bob Menendez earns income from residential property and retirement plans. The details of his income sources are depicted in the table below.


Income SourcesValue
Residential Property in Union City, NJ$15,001-$50,000
State of New Jersey Pension Plan$11,429

As per the public financial information, Bob Menendez’s net worth is increasing by about  $200,430 to $235,429 annually.

Sen. Bob Menendez speaking during a session at Congress. Credit: Instagram@senatormenendez

Bob Menendez’s Bio/Early Life

Bob Menendez was born Robert Menendez on 1st January 1954. He was the son of Cuban immigrants, Mario and Evangelina Menendez. His parents had migrated from Cuba some before his birth.

Mario Menendez worked as a carpenter. His mother Evangelina worked as a seamstress. The family lived in Union City in New Jersey.

He studied at Union Hill High School. In 1972, Menendez graduated from Saint Peter’s College with a BA degree in political science. He enrolled in Rutgers Law School completing a Juris Doctor degree in 1979.

Menendez married Jane Jacobsen in 1976. They have two children together. The couple divorced in 2005. Menendez married for the second time in 2020 to Nadine Arslanian. They live in Harrison in Hudson County in New Jersey. [3]

Sen. Bob Menendez (D-NJ) with the President of Ukraine Petro Poroshenko in Kyiv, Ukraine. Credit: Wikipedia Commons

Bob Menendez Career

Bob Menendez’s political career started in 1982. He contested for the post of New Jersey City Mayor during that year but lost to Musto. In 1986, he again contested for mayor and won the election. Musto’s popularity had waned after he was found guilty of corruption and Menendez had testified against him.

In 1987, he won the General Assembly election representing New Jersey’s 33rd district. Menendez was elected from the district along with Bernard Kenny Jr. He continued to hold both Mayor and New Jersey Assembly posts until 1991.

Menendez contested for the 33rd State Senate election in 1991 from New Jersey. He won the election by a clear majority defeating rival Republican Carlos Munoz.

In 1992, Menendez contested for the 13 congressional districts from New Jersey. He was successful in the election defeating Republican Fred J. Theemling Jr. Menendez got reelected in the 1994 election defeating Fernando A. Alonso of the Republican party.

Menendez won New Jersey’s senate elections in 1996 and 1998 defeating rivals Carlos E. Munoz and Theresa de Leon, respectively. He again defeated rival Republican Theresa de Leon in the 2000 elections.

Mendez contested for senate elections in 2002, 2004, 2012, and 2018. He was successful in all of them defeating rival Republicans by a clear majority of votes.

Bob Menendez Accomplishments

Sen. Bob Menendez was honored by the renaming of a public school in his name. In 2013, West New York was renamed Public School No. 3 located in New Jersey to Robert Menendez Elementary School. [4]

In 2021, Greek President Katerina Sakellaropoulou awarded the highest civilian honor to Sen. Bob Menendez [5]. He received the Grand Cross of the Order of Honor for his efforts in strengthening Greek-US ties.

During the same year, Sen. Bob Menendez was awarded the Grand Cross of the Order of Makarios III by the President of Cyprus Nikos Anastasiades [6].

Bob Menendez Controversy

Bob Menendez faced corruption charges from federal prosecutors. He was charged with favoring a campaign donor in exchange for contributions and trips. [7] The trial ended with prosecutors ending all charges against him in 2018.

Similar Senator Net Worth and Income Articles:

Bob Menendez Biography 

Legal Name/Birth NameRobert Menendez
 Bob Menendez Net Worth$600,000
Sources of WealthSenior US Senator from New Jersey
Date of Birth1st January 1954
Place of BirthNew York City, NY
Marital StatusMarried
Partner/SpouseNadine Arslanian
Names of ChildrenAlicia Menendez and Robert Menendez.

Frequently Asked Questions About Bob Menendez

What is Bob Menendez’s ethnicity?

Bob Menendez was born to Cuban immigrants. His parents Mario and Evangelina Menendez left Cuba a few months before his birth.

Is Senator Menendez married?

Senator Menendez was married twice. He first married Jane Menendez in 1976. But the marriage ended in divorce in 2005. In 2020, he married Nadine Arslanian.

What college did Bob Menendez go to?

Bob Menendez (D-NJ) attended two colleges. He completed his bachelor’s from Saint Peter’s University in Jersey City. In 1979, he obtained a JD degree from Rutgers Law School.

What district does Bob Menendez represent?

Sen. Bob Menendez (D-NJ) has been serving as a senator of New Jersey since 2006.


[1]. – Sen. Bob Menendez publically available financial information.

 [2] . – Sen. Bob Menendez (D-NJ) salary information as a senior senator.

 [3]. – An article about Sen. Bob Menendez move to Hudson county in New Jersey.

[4].–WNY-names-school-after-Sen–Menendez– An article about the renaming of a public school in honor of Sen. Bob Menendez.

[5]. – About the Greek President giving an award to Sen. Bob Menendez.

[6]. – About the Cyprus President giving an award to Sen. Bob Menendez.

[7]. – An article about federal prosecutors dropping all charges against Menendez in 2018.

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