Senator Elizabeth Warren’s net worth is estimated to be between $12 and $13 million based on analysis done by Forbes[1].
Senator Elizabeth Warren’s Net Worth from Investments and Assets
According to financial disclosures and various estimates of assets acquired throughout her life, Elizabeth Warren’s net worth is around $12 million[2].
Note: $12 million is about low to the median in comparison with other senators.
| Elizabeth Warren Net Worth and Assets | Asset Value |
| House 1: Victorian Home | $3 million (estimated) |
| House 2: Condominium | $800,000 condo in Washington |
| TIAA+CREF Accounts | $ 4 million (estimated) |
| Federal Pension | $800,000 (estimated) |
| Book Deals | $2-3 million (estimated) |
| Other Investments | $1.2 million (estimated) |
| Total | $12.8 million (estimated) |
The estimates of Elizabeth Warren’s net worth is approximately $12 million.
Democratic Party Senator Elizabeth Warren Net Worth and Income
The main source of the Massachusetts Senator income now is his salary as a United States Senator[3].
Income Source 1: Salary as a United States Senator
He has been a United States Senator from Massachusetts since 2012, ever since she won the Senate Election in 2012.
She makes a base salary of $174,000 in her role as a US Senator. However, this salary began merely 9 years ago, which doesn’t account for her other wealth.
Her accounts also show that Warren and her husband have $800,000 worth of Federal Pension funds.
The pension funds have contributed significantly to her net worth.
Income Source 2: Professorship at Various Universities
According to Financial Disclosure documents, Elizabeth Warren and her husband have $4 million in TIAA and CREF accounts which include investments from her time as a professor of law[2].
She was a former law professor at several universities, the most notable being Harvard, where she became the Leo Gottlieb Professor of Law[4].
These jobs as law professor have contributed significantly to her net worth.
Income Source 3: Book Deals
Senator Warren has authored several books on bankruptcy law and the middle class in the last 3 decades.
She received payments of $3.2 million from Macmillan Publishing Group between 2013 and 2018[5].
These book deals contributed significantly to her net worth.
Income Source 4: Family Assets
Senator Warren’s husband Bruce H. Mann is also an academic specializing in legal history and estates. He earned $400,000 in 2018 according to his tax returns.
The family has not earned less than $700,000 according to tax returns[6].
They also own 2 homes. One is a Victorian home in Cambridge, Massachusetts worth $3 million. The other is an $800,000 condominium in Washington, D.C.
The Victorian home was first bought for a little more than $440,000. Hence, its growth in value has contributed significantly to her net worth.
Elizabeth Warren net worth: The Senator at her home cooking marshmallows. Credit: Instagram @elizabethwarren
Elizabeth Warren’s Early Life and Political Career
Elizabeth Warren was born Elizabeth Ann Herring in Oklahoma City on June 22, 1949. She was the fourth child of Pauline Louise[7], a homemaker, and Donald Jones Herring, a flight instructor for the US Army during WWII[8]. Elizabeth Warren had 3 older brothers.
She has described her family as teetering on the edge of middle class[9]. Her family lived in Norman Oklahoma until she turned 11. Then, they moved back to Oklahoma City.
When she turned 12, her father had a heart attack, which led to several medical bills. Her mother had to take a minimum wage job at the catalog-order department at Sears, which saved their family from having their house repossessed. Warren herself began waiting tables when she was 12 at her aunt’s restaurant[10].
Elizabeth Warren attended Northwest Classen High School[11] where she was the star member of her debate team. She won the state High School debating championship[12]. She also won a debate scholarship to George Washington University when she was 16[13]. She left university 2 years later in 1968 to marry James Robert Warren.
She first worked at IBM, later enrolling at the University of Houston[14]. She graduated in 1970 with a Bachelors in Science Degree in speech pathology and audiology. She then taught children with disabilities for a year in public school. The family moved to New Jersey where her husband had received a job transfer. Warren soon became pregnant with her daughter Amelia and elected to stay home.
Two years later, she went to Rutgers Law School at Rutgers University, Newark[15]. During this time, she worked as a summer associate at Cadwalader, Wickersham & Taft[16]. She got her J.D. in 1976 and passed the bar soon after. She offered her legal services from home, doing real estate closings or writing wills. She became pregnant with her son, Alexander, before graduating.
Elizabeth Warren divorced her first husband in 1978 and married Bruce H. Mann in 1980[17]. Warren and her husband have both been academics.
She taught Law at several American universities throughout the 1970s, 80s, and 90s. These included Rutgers University, her alma mater. She also taught at the University of Houston Law Center[18]. She eventually became an Associate Dean there. She also taught as an associate Professor at the University of Texas School of Law[19].
In 1995, she became the Leo Gottlieb Professor of Law, specializing in bankruptcy law at Harvard Law School[20]. During this time, she conducted research on issues like bankruptcy, and middle-class personal finance.
These activities have contributed significantly to her net worth.
In the mid-1990s she was involved in public work in consumer protection and bankruptcy regulation[21].
Elizabeth Warren’s Political Career
In 2011, Elizabeth Warren ran for election in Massachusetts for the U.S. Senate from the Democratic Party. A video of Warren speaking in Andover went viral in which she spoke out about the rich taking advantage of American infrastructure which is why they should pay more taxes[22].
President Barack Obama echoed these words in his 2012 election campaign speech. Warren ran unopposed by other Democratic presidential candidates for the Democratic nomination for the Massachusetts Senate seat. She raised $39 million for her campaign and won[23]. She became the first woman to ever become a Massachusetts Senator[24].
Elizabeth Warren won a second term in 2018 with 60% of the vote. She won against Republican Geoff Diehl[25].
Elizabeth Warren Accomplishments
Senator Elizabeth Warren is known for having mentored several political proteges. These include former students, U.S. Representative Katie Porter[26], and Boston Mayor Michelle Wu[27]. U.S. Representative Joe Kennedy III has also claimed Warren as a Mentor[28].
Warren joined the National Bankruptcy Review Commission in 1995 as an advisor[29]. She was a member of the Federal Deposit Insurance Corporation Advisory Committee on Economic Inclusion from 2006 to 2010[30].
She is also a member of the National Bankruptcy Conference[31]. She was the former Vice President of the American Law Institute[32].
She was instrumental in establishing the Consumer Financial Protection Bureau in 2011[33].
Elizabeth Warren Controversies
Elizabeth Warren has been highly critical of the Trump administration which is seen as a controversial position for half the United States.
She has also called for the abolition of the US Immigration and Customs Enforcement force (ICE). This has made her a controversial figure on the right of the political spectrum[34].
She has also advocated for an ultra millionaire tax act for people with wealth over $50 million.
Elizabeth Warren’s last major controversy centered on her claimed Native American ancestry. Her claims of Native American heritage have been criticized by both sides of the aisle. Tribal Leaders have called out Warren for claiming false heritage. She was called the slur “Pocahontas” by President Donald Trump throughout his Presidency[35].
It was found in 2012 that Harvard Law School had listed Elizabeth Warren as having Native American ancestry in its federal affirmative action forms. Warren denied awareness of this fact[36].
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Elizabeth Warren Biography
| Legal Name/Birth Name | Elizabeth Ann Warren (‘nee Herring) |
| Elizabeth Warren Net Worth | $12 million |
| Pseudonyms | N/A |
| Source of Wealth | Senior United States Senator from Massachusetts |
| Date of Birth | June 22, 1949 |
| Place of Birth | Oklahoma City, Oklahoma, US |
| Nationality | American |
| Gender | Female |
| Height | 173 cm (5 ft 8 in) |
| Weight | N/A |
| Religion | Protestant Methodist |
| Ethnicity | White/Partially Native American(Controversial) |
| Marital Status | Married |
| Partner/Spouse | Burce H. Mann (married since 1980) |
| Children | 2 |
| Names of Children | Amelia Warren Tyagi, Alexander Warren |
Frequently Asked Questions About Elizabeth Warren
What is Elizabeth Warren’s Approval Rating?
According to YouGov, Elizabeth Warren has a 43.6% favorability rating as of 20th June 2020[37].
Is Elizabeth Warren a Supporter of Cryptocurrencies?
Elizabeth Warren has expressed support for cryptocurrencies as a viable way for low-income Americans without bank accounts to join the wider banking system[38].
How Old is Elizabeth Warren?
Elizabeth Warren was born on June 22, 1949. This makes her 72 years old.
Is Elizabeth Warren Running for President in 2024?
No. Senator Elizabeth Warren will run for re-election of her own seat in the Senate. She will not be running for the Presidency of the United States in the next Presidential Election[39].
What does the Senator teach at Harvard University?
Sen. Warren was one of the most influential professors of bankruptcy law before going into politics. Specializing in bankruptcy law, she teaches laws at Harvard University. You can actually see some of her teaching at Harvard University on Youtube.
How can I Contact Elizabeth Warren?
You can contact him using his official E-mail or using a contact form on his Senate Webpage [40].
References
[1] https://www.forbes.com/sites/danalexander/2019/08/14/heres-the-net-worth-of-every-2020-presidential-candidate/?sh=2e3e875337c5
[2] https://www.forbes.com/sites/danalexander/2019/08/14/heres-the-net-worth-of-every-2020-presidential-candidate/?sh=2e3e875337c5
[3] https://www.senate.gov/senators/SenateSalariesSince1789.htm
[4] https://hls.harvard.edu/faculty/directory/10935/Warren
[5] https://moneyinc.com/elizabeth-warren-net-worth/
[6] https://www.cnbc.com/2019/07/30/elizabeth-warrens-tax-returns-how-she-built-her-fortune.html
[7] https://www.marieclaire.com/politics/a28377131/who-is-elizabeth-warren-mother-pauline-herring/
[8] https://www.britannica.com/biography/Elizabeth-Warren
[9] https://elizabethwarren.com/meet-elizabeth
[10] https://www.biography.com/political-figure/elizabeth-warren
[11] https://www.enidnews.com/oklahoma/segregation-and-working-class-struggle-part-of-elizabeth-warren-s-oklahoma-upbringing/article_244db588-5398-11ea-a1aa-e76b4015d7e9.html
[12] https://www.bostonglobe.com/news/politics/2019/06/22/for-young-elizabeth-warren-fire-cracker-questioner-debate-was-ticket-another-life/WGymidhp283BpvMAewZMPN/story.html
[13] https://money.cnn.com/2014/06/09/news/economy/elizabeth-warren/
[14] https://www.washingtonpost.com/politics/2019/10/15/elizabeth-warren-faced-down-sexism-split-with-husband-found-her-voice-teaching-law-houston/
[15] https://www.newark.rutgers.edu/about-us/have-you-met-rutgers-newark/elizabeth-warren-nlaw
[16] https://lionoftheblogosphere.wordpress.com/2019/12/03/elizabeth-warren-and-cadwalader-wickersham-taft/
[17] https://www.marieclaire.com/politics/a26074676/who-is-elizabeth-warren-husband-bruce-mann/
[18] http://thedailycougar.com/2019/07/05/elizabeth-warren-student-teacher-senator/
[19] https://thedailytexan.com/2020/02/18/elizabeth-warren-ut-austin-faculty-file/
[20] https://hls.harvard.edu/faculty/directory/10935/Warren
[21] https://www.warren.senate.gov/newsroom/press-releases/warren-and-nadler-introduce-the-consumer-bankruptcy-reform-act-of-2020
[22] https://www.newyorker.com/video/watch/elizabeth-warrens-viral-video
[23] https://www.nytimes.com/2012/11/11/us/politics/elizabeth-warren-known-and-maybe-feared-on-national-stage.html
[24] https://www.warren.senate.gov/about/about-elizabeth
[25] https://www.wbur.org/news/2018/11/06/warren-beats-geoff-diehl
[26] https://www.facebook.com/senatorelizabethwarren/posts/ive-known-rep-katie-porter-since-she-was-a-law-student-in-my-bankruptcy-class-20/1720236864805466/
[27] https://www.michelleforboston.com/statement/01092021
[28] https://www.thecrimson.com/article/2020/2/3/warren-kennedy-election-ties/
[29] https://govinfo.library.unt.edu/nbrc/facts.html
[30] https://www.fdic.gov/about/advisory-committees/economic-inclusion/2008/2008-03-19-minutes.pdf
[31] http://nbconf.org/history/
[32] https://news.harvard.edu/gazette/story/2001/01/warren-is-named-alis-second-vice-president/
[33] https://2020.elizabethwarren.com/cfpb
[34] https://www.warren.senate.gov/newsroom/news-coverage/elizabeth-warren-calls-on-ice-to-end-deportations-during-pandemic-stop-terrorizing-our-communities
[35] https://www.nbcconnecticut.com/news/politics/tribal-citizens-letter-warren-past-claims-indigenous-ancestry/2230720/
[36] https://www.washingtonpost.com/blogs/fact-checker/post/everything-you-need-to-know-about-the-controversy-over-elizabeth-warrens-claimed-native-american-heritage/2012/09/27/d0b7f568-08a5-11e2-a10c-fa5a255a9258_blog.html
[37] https://today.yougov.com/topics/politics/trackers/elizabeth-warren-favorability
[38] https://www.forbes.com/sites/jonathanponciano/2021/07/28/sen-warren-says-crypto-could-solve-big-banks-enormous-failure-of-not-serving-millions-of-low-income-americans/
[39] https://www.politico.com/news/2021/05/08/warren-will-run-for-reelection-2024-486024
[40] https://www.warren.senate.gov/contact
