Dick Durbin Net Worth And Income Sources

Senator Dick Durbin Net Worth Overview

Dick Durbin has an estimated net worth of $3 million according to online sources.

Dick Durbin’s net worth is mostly in the form of fixed income and equity securities.[1] His primary income as a lawyer and Democratic Senator contributed to his net worth. [2]

Senator Investment and Assets

Dick Durbin portrait photo in 2004.  Credit: Wikipedia Commons

Dick Durbin is the Senator from Illinois. has several sources of income that contribute to his net worth.[3] He earns a yearly salary as a Senator. In addition, he earns income from corporate securities. The details of Durbin’s net worth are summarized in the tables below.

Real EstateValue
Springfield, IL$250,001-$500,000
Chicago, IL$250,001-$500,000
Total$500,001 – 1,000,000
InvestmentsAsset Value
Investments (Retirement account, ETFs. Money market funds, etc.)$1,000,001-$1,577,500

Summary

AssetsAsset Value
Investments$500,001-$1,437,500
Real Estate$1,000,001-$1,577,500
Total$1,500,001- $3,014,500

Based on our calculations from Dick Durbin’s disclosed financial sources for FY 2020, his net worth is between $1,500,001- $3,014,500.

Senator Dick Durbin Income

Dick Durbin’s main income source is his position as a US Senator. His other sources of income include fixed and equity investments. Here are the details of the income sources of the senator from Illinois.

Income Source 1: Salary as a US Senator

Dick Durbin has been a Senator from Illinois since 1997. His current yearly salary as a senator is $174,000.

Sen. Dick Durbin addresses a crowd during a campaign.  Credit: Instagram@durbincampaign

Income Source 2: Corporate Securities

Dick Durbin also earns income from investment securities. He and his wife Loretta jointly own fixed and equity assets. The income from corporate securities as disclosed in the public financial documents is about $1,000.

Sen. Dick Durbin having lunch with President Barack Obama, Vice President Joe Biden, and other Senators.  Credit: Wikimedia Commons.

Dick Durbin’s Bio/Early Life

Dick Durbin was born on 21st November 1944. He has Irish-American and Lithuanian ancestry. His mother Anna Kutkin was Lithanian.

Durbin attended Assumption high school in his native town. He completed high school in 1962.  He completed a B.S. degree from Georgetown University in 1966.  In 1969,  he completed his J.D. at Georgetown University Law center.

After completing his studies, Durbin worked as a lawyer offering services to various politicians. From 1972 to 1982, he provided legal advice to the Illinois State Senate Judiciary Committee.

Durbin married Loretta Schaefer in 1967. The couple has three children. His wife died in 2008 due to congenital heart disease.

Dick Durbin Career

Durbin’s political career started during his senior year in college. He worked as an intern for Senator Paul Douglas.

He won the Democratic nomination in 1982 but lost the Senate election that year. Durbin again became the Democratic nominee in 1996. He also won the Illinois state senate election during the year defeating Republican Al Salvi.

Durbin is the main proponent of the DREAM Act supporting the call for conditional permanent residency of students or children of individuals who overstayed and entered the country illegally. He has also introduced various legislations over the years improving the legal rights and living conditions of Americans.

Being one of the foremost critics of the National Rifle Association, Durbin repeatedly called for gun control policies. He along with other senators introduced the Background Check Expansion Act. The bill mandated a necessary background check for the sale and purchase of guns.

Senator Durbin is a pro-abortionist. He has consistently voted on laws to restrict any kinds of limitations on abortion rights. He has voted to ensure access to Medicaid funding. This move has resulted in his expulsion from the Roman Catholic Diocese of Springfield, IL.

Senator Dick Durbin speaks during a press conference in El Paso, Texas. Credit: Wikimedia Commons

Dick Durbin Accomplishments

Senator Durbin cosponsored legislation that was passed in 1987 that banned smoking on short-duration air flights. In 2007, Durbin introduced the African Health Capacity Investment Act. The legislation allocated federal funding of $600 million to create safe medical facilities for African Americans.

He was also the author of the Fair Sentencing Act that was passed in 2010. The legislation advocated for fair sentencing of cocaine addict victims.

Durbin has also appeared in multiple documentaries. He appeared in the documentary Precele$$ in 2010.  In 2015, he acted in another documentary The Gettysburg Address.

Durbin occupies an influential Senate leadership position. He holds the distinction of a Senate majority whip. He is one for the few Senate democratic whip with great influence.  

Dick Durbin Criticism

Durbin made controversial remarks about the treatment of prisoners at Guantanamo Bay. He compared the techniques used during interrogation to those used by Khmer Rouge, Nazi Germany, and Soviet agents.

Opposition members criticized Durbin saying that he had insulted not just the US government but also the victims of the holocaust.

Durbin also received criticism for requesting a Court of Appeals Nominee to clarify her description as ‘Orthodox Catholic’. He said the description unfairly characterized Catholics who deny the position of the church on the death penalty, abortion, and other issues. 

But critics say that his request violated Article VI of the US Constitution. The section of the Constitution mandates that a religious test should not be required from an individual who applies for a public office in the US.



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Dick Durbin Biography 

Legal Name/Birth NameRichard Joseph Durbin
Net Worth$3 million
PseudonymsN/A
Sources of WealthUS Senator from the 20th Congressional District of the State of Illinois.
Date of Birth21st November 1944
Place of BirthEast St. Louis, Illinois
NationalityAmerican
GenderMale
HeightN/A
WeightN/A
ReligionCatholic
EthnicityWhite
Marital StatusMarried
Partner/SpouseLoretta Schaefer Durbin
Children3
Names of ChildrenChristine Durbin, Jennifer Durbin, and Paul Durbin

Frequently Asked Questions About Dick Durbin

Where is Richard Joseph Durbin Durbin from?’

Senator Durbin is from St. Louis in Illinois.

How do I contact Illinois senators?

You can contact Congress members by calling 2020-224-312  by dialing 217-782-200.  Moreover, you can also dial 312-814-3500 to contact General Assembly members

Is Dick Durbin of Illinois a Democrat or Republican?

Dick Durbin is associated with the Democratic Party.

What is a Senate Majority Whip?

A U.S. Senate majority whip is the third highest-ranking American politician in the majority party. In contrast, the third-ranking politician in the minority party is known as the senate minority whip.  

References

 [1]. https://www.legistorm.com/member/38/Sen_Dick_Durbin.html – Sen. Dick Durbin (D-Illinois) income as a Senator of Illinois.

[2]. https://sec.report/Senate-Stock-Disclosures/DURBIN/RICHARD+J/7b4e7dec-5b26-4c7c-b03b-d21b796dd117 – Financial disclosure data of Sen. Dick Durbin (D-Illinois).

[3]. https://www.durbin.senate.gov/about-dick-durbin – About Senator Dick Durbin.


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