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Senator Debbie Stabenow Net Worth Overview
Senator Debbie Stabenow net worth is about $32,500, according to various sources .
Debbie Stabenow first ran for election in November 1974, making history as the third woman to be elected to the Ingham County Board of Commissioners . She held this position for three years. Stabenow also happened to be the youngest person and the first woman to chair the board of commissioners.
Debbie Stabenow is the first female US senator after defeating Spencer Abraham, the republican incumbent in the 2000 election. She served as a member of the US House of Representatives and worked for the 8th congressional district in Michigan. She has been re-elected to the senator three times.
Debbie Stabenow Net Worth: Investment and Assets
Debbie Stabenow makes $174,000 as a senator from Michigan. She does not have any other sources of income besides an account in Lake Trust Credit Union Checking with a minimum value of $15,001 .
Based on sound estimates from Stabenow’s financial disclosures, her net worth is only $32,500 in 2018. However, this wasn’t always the case for Debbie Stabenow because she had an estimated net worth of over $200,000 in 2004 with top assets worth like Dodge & Cox Stock Fund worth around $175,000.
Senator Debbie Stabenow Income
Senator Stabenow relies on her base salary source includes salary as the senator. There appears to be no other source of income for the senator from the Democratic Party.
Income Source 1: Salary as a Senator
Debbie Stabenow earns about $174,000 as a US Senator from Michigan. She has been serving the post since 2001.
Income Source 2: Investments
Debbie Stabenow relies on her salary as a US senator because her net worth is only $32,000. She does not seem to have many assets.
According to her public disclosure statement, Debbie Stabenow net worth is one of the lowest among US Senators.
Debbie Stabenow’s Background
Debbie Stabenow was born in Gladwin, Michigan on April 29, 1950. She displayed excellent leadership skills since early childhood and was the president of her junior class. Debbie Stabenow went to Clare High School and became the school’s first female class president, a title that she isn’t a stranger to .
She attended Michigan State University and earned a Bachelor of Arts degree in 1972. Debbie Stabenow continued her education at Michigan State University and earned a Master of Social Work with magna cum laude in 1975.
Unlike most politicians who would find their calling for politics in later life, Debbie Stabenow decided to run for public office while still a graduate student. She was inspired to pursue a political career because a local nursing home was nearly dismantled.
Debbie Stabenow managed to win her first election to become one of only three women at the time to join the Ingham County Board of Commissioners.
She is credited to have played a pivotal role in the establishment of a women’s commission in Ingham County.
Senator Debbie Stabenow Career
After serving as the chair of the board of commissioners for two years, it was time for Debbie Stabenow to pursue bigger goals. She had her sights for the state legislature and challenged Tom Holcomb, the Michigan State Representative in a primary election.
Her policies proved to be popular among her constituents and Stabenow won the general election for the 58th House District. She served in the Michigan House of Representatives from 1979 to 1990.
Debbie Stabenow’s time in the House of Representatives was important for the Democratic Party because she was the first woman in House leadership ever to have presided over the House.
When William A. Sederburg vacated his seat as a senator, Debbie Stabenow stepped in to take charge. She won her election campaign and took office in 1991 and served one term until 1994.
Stabenow ran in the Democratic Primary in Michigan to the Republican incumbent John Engler in the general election. Howard Wolpe, a US Congressman would win the primary with 35% of the vote. Stabenow had 30% of the vote. Despite losing to Wolpe in the democratic primary, Stabenow was selected by Wolpe to become his running mate in the election.
The duo would lose to Engler in Michigan’s Democratic gubernatorial primary because he had amassed a sizable 61% of votes.
Stabenow ran for the United States House of Representatives in 1996 to challenge Dick Chrysler, the incumbent Republican US Congressman. Debbie Stabenow went on to defeat Chrysler with 54% of the votes. She was reelected in 1998 with 57% of the vote. Debbie served on the Science and Agriculture committees.
Debbie had her sights for the senate and in 2000, challenged the incumbent Republican US Senator Spencer Abraham. She won the Democratic primary unopposed and went on to defeat Abraham in a fierce competition of 49.5%–48%. The difference was 67,259 votes.
Stabenow had a smooth sailing career as a senator and has so far won three re-election bids. She was challenged by republican Michael Bouchard in 2006 but soundly defeated him by winning 57% of the votes .
In 2012, Stabenow ran unopposed in the Democratic primary and defeated Pete Hoekstra from the Republican Party with a sound majority of 59%. In 2018, she continued to dominate the polls by defeating John E. James, the republican nominee 52.3% votes. This was one of the closest Senate elections in Michigan because the margin was only 275,660 votes.
As a senator, Debbie Stabenow became the chair of the Senate Democratic Policy Committee in 2017.
Debbie Stabenow Accomplishments
Debbie Stabenow is a trailblazer and has led an inspiring career. She as the first female class president at her school, the first woman to be appointed to the Ingham County Board of Commissioners, and the first woman in House leadership to preside over the House. She is also the first female US senator in the state f Michigan.
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Debbie Stabenow Biography
|Legal Name/Birth Name||Deborah Ann Stabenow|
|Sources of Wealth||US Senator from the State of Michigan|
|Date of Birth||April 29, 1950|
|Place of Birth||Gladwin, Michigan, United States|
|Religion||Member of the United Methodist Church|
|Names of Children||Michelle Stabenow, Todd Stabenow|
Frequently Asked Questions About Debbie Stabenow
When and where was Debbie Stabenow born?
Debbie Stabenow was born in Gladwin, Michigan, United States in April 29, 1950.
How old is Debbie Stabenow of Michigan?
Debbie Stabenow turned 71 years in 2021.
Is Debbie Stabenow married?
Debbie Stabenow married Dennis Stabenow but the couple separated in 1990. The couple had two children. She later married Tom Athans in 2003 but the couple had a tumultuous relationship and later separated in 2010.
. https://www.opensecrets.org/personal-finances/debbie-stabenow/net-worth – Debbie Stabenow salary
. https://www.stabenow.senate.gov/about/biography – Stabenow’s biography
. https://www.opensecrets.org/personal-finances/debbie-stabenow/assets?cid=N00004118&year=2004 – Debbie Stabenow’s list of assets
. https://ballotpedia.org/Debbie_Stabenow – Debbie’s career as a senator
. https://debbiestabenow.com/meet-debbie/ – Debbie’s personal biography
. https://en.wikipedia.org/wiki/Mike_Bouchard – Mike’s loss to Debbie