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Senator Michael Bennet Net Worth Overview
Senator Michael Bennet Net Worth is estimated at $15 million, according to online sources.
Senator Michael Bennet Net Worth is attained by acquiring stocks, real estate, and hedge funds [1].
Senator Michael Bennet Net Worth, Investment and Assets
Senator Michael Bennet Net Worth Summary
| Assets | Asset Value | Income |
| Publicly Traded Assets | $4,229,000 – $15,210,000 | $111,000 – $268,300 |
| Non Publicly Traded Assets | $30,002 – $100,000 | $44,200 |
| Total Michael Bennet Net Worth | $4,259,000 – $15,310,000 | $155,200 – $312,500 |
Michael Bennet Net Worth Figures from Publicly Traded Assets
| Asset | Asset Value | Income |
| Merrill Lynch Individual Investment Account | $15,001 – $50,000 | Less than $201 |
| IRA: UBS Black Rock Global Allocation FD INC A | $15,001 – $50,000 | $201 – $1000 |
| Anschutz Corp 401(k) Plan: T Rowe Price Mid Cap Growth Fund | $100,001 – $250,000 | $5,001 – $15,000 |
| Anschutz Corp 401(k) Plan: Harbor International Fund | $50,001 – $100,000 | $1,001 – $2,500 |
| PERA – Public Employees’ Retirement Association of Colorado | $50,001 – $100,000 | $201 – $1000 |
| Susan Daggett 403 (b) 7 Vanguard U.S. Growth Fund Investor Share | $15,001 – $50,000 | Less than $201 |
| Susan Daggett 403 (b) 7 Vanguard European Stock Index Fund | $15,001 – $50,000 | $1,001 – $2,500 |
| Susan Daggett 403 (b) 7 Vanguard Healthcare Fund Investor Shares | $15,001 – $50,000 | $1,001 – $2,500 |
| Susan Daggett 403 (b) 7 Vanguard 500 Index Fund Investor Shares | $50,001 – $100,000 | $1,001 – $2,500 |
| Susan Daggett IRA (CD) Suntrust | $1,001 – $15,000 | Less than $201 |
| UBS Bank Dep ACCT | $1,000,001 – $5,000,000 | $1,001 – $2,500 |
| Level 3 Communications INC LVLT OTC | $50,001 – $100,000 | Less than $201 |
| Regal Entertainment Group CL A RGC (NYSE) | $500,001 – $1,000,000 | $50,001 – $100,000 |
| Standard and Poors Depositary Receipts SPY (AMEX) | $250,001 – $500,000 | $5,001 – $15,000 |
| Municipal Securities: Regional TRANS DIST COP | $100,001 – $250,000 | $5,001 – $15,000 |
| Municipal Security: Colorado Health FACS AUT | $100,001 – $250,000 | $5,001 – $15,000 |
| Mutual Fund: Eaton Vance LARGE CAP Core Research Fund (EAERX) | $1,000,001 – $5,000,000 | $5,001 – $15,000 |
| Municipal Security: Colorado DEPT TRANS REV | $100,001 – $250,000 | $5,001 – $15,000 |
| Municipal Security: Colorado HLTH FAC AUTH C | $100,001 – $250,000 | $5,001 – $15,000 |
| Municipal Security: Colorado ST BRD CMTY CLG | $100,001 – $250,000 | $5,001 – $15,000 |
| Daggett/Caroline – College Invest Fund Moderate Age option: Conservative Grwth | $100,001 – $250,000 | $2,501 – $5,000 |
| Daggett/Caroline – College Invest Fund Conserv Age Option: Income Portfolio | $100,001 – $250,000 | $2,501 – $5,000 |
| Daggett/Haline – College Invest Fund Moderate Age option: Conservative Grwth | $100,001 – $250,000 | $2,501 – $5,000 |
| Daggett/Halina – College Invest Fund Conserv Age Option: Income Portfolio | $100,001 – $250,000 | $2,501 – $5,000 |
| Daggett/Anne – College Invest Fund Conserv Age Option: Income Portfolio | $100,001 – $250,000 | $2,501 – $5,000 |
| Daggett/Anne – College Invest Fund Moderate age option: Conservative Grwth | $100,001 – $250,000 | $2,501 – $5,000 |
| Wilmer Cutler: Global/International Causeway Int’l Value | $1,001 – $15,000 | $201 – $1,000 |
| Wilmer Cutler: Large Cap Vanguard Inst Index | $1,001 – $15,000 | $201 – $1,000 |
| Wilter Cutler: Small Cap Touchstone Inst Sm Cap Core | $1,001 – $15,000 | $201 – $1,000 |
| Total Michael Bennet Net Worth | $4,229,000 – $15,210,000 | $111,000 – $268,300 |
Michael Bennet Net Worth from Non-Publicly Traded Assets
| Asset | Asset Value | Rent/Interest |
| Daggett Farms Limited Partnership. 1500 acre family farm in Marianna AR -cotton, wheat, rice, soybean | $15,001 – $50,000 | $13,800 |
| LMD Farms Limited Partnership. 1500 acre family farm in Marianna, AR -cotton, wheat, rice, soybean | $15,001 – $50,000 | $30,400 |
| Total Michael Bennet Net Worth | $30,002 – $100,000 | $44,200 |
Michael Bennet is the Senator for Colorado. Credit: Poverty Center
Senator Michael Bennet Income
Senator Michael Bennet earns income from a variety of sources. He earns $174,000 from his position as the U.S. Senator for Colorado. The Senator also makes between $111,000 and $268,300 from publicly traded assets. Lastly, they earn $44,200 from their non-publicly traded assets.
Income Source 1: U.S. Senator Salary
Michael Bennet was appointed as a Senator in 2009 by Colorado Governor Bill Ritter. He was the youngest person to become Senator in the 111th United States Congress.
United States Senators receive a default salary of $174,000, so we can assume Michael Bennet earns this amount each year.
Income Source 2: Income from Publicly Traded Assets
Senator Michael Bennet earns between $111,000 and $268,300 from non-publicly traded assets. This includes mutual funds like Vanguard U.S. Growth Fund Investor Shares, Public Employees’ Retirement, and Municipal Securities [2].
Income Source 3: Income from Non-Publicly Traded Assets
Senator Michael Bennet also partly owns two farms. The first is Daggett Farms Limited, a 1500 acre family farm in Marianna, Arkansas. He earns $13,800 in rent and interest from this property.
The second is LMD Farms Limited, another 1500 acre family farm in Marianna, Arkansas. Senator Michael Bennet earns $30,400 in rent and interest from this property [2].
Senator Michael Bennet’s Bio/Early Life
Senator Michael Bennet was born on November 28th, 1964, in New Delhi, India. His father is Douglas Bennet, who worked for the U.S. State Department. Bennet’s family later moved to Washington, D.C [4].
The Senator studied from Wesleyan University and received a bachelor’s degree in History in 1987. He worked as an aid for Ohio Governor Richard Celeste from 1988 to 1990. He then attended Yale Law School and worked as the main editor for The Yale Law Journal until his graduation in 1993.
Following this, Senator Bennet was a clerk for the Fourth Circuit of Court Appeals. He then worked as a counsel for the U.S. deputy attorney general from 1995 to 1997. Bennet was also the special assistant for the U.S. general for Connecticut in 1997. He also married Susan Daggett during this period.
Bennet relocated to Denver and worked as the director for Anschutz Investment Company. He helped businesses with reorganizing after bankruptcy orders and with restructuring debt. Denver Mayor John Hickenlooper discovered Bennet during this period and appointed him as his chief-of-staff in 2003.
Michael Bennet was then appointed as superintendent for Denver public schools. He received praise for improving the Denver public schools system, which was in disarray at the time.
Bennet and his partner were early Obama supporters and assisted the former president during the 2008 Democratic Primaries. He is notable for advising the Obama administration on key education issues.
Colorado Governor Bill Ritter appointed Bennet to serve in the U.S. Senate after Senator Ken Salazar left his senate seat vacated. Bennet also ran for this seat in 2010 and beat Republican Ken Buck following a tough political campaign. He spent a staggering $15 million on his campaign, making it one of the most expensive in U.S history.
Senator Bennet ran for reelection in November 2016. He managed to beat Republican nominee Darryl Glenn and retained his seat. President Obama later referred to Bennet as one of the most “gifted Democratic politicians” and that he would be capable of leading the Democratic party in the future [5].
Senator Bennet ran for President of the United States in 2020. However, he dropped out of the Democratic Nomination after a poor debate performance in the New Hampshire primary [6].
Senator Michael Bennet Accomplishments
Bennet has held many notable political positions over the years and has pushed for legislation in key areas. He co-sponsored the DREAM Act in September 2009. This act aimed to amend the Illegal Immigration Reform and Immigrant Responsibility Act of 1996. It offered immigrants in the military and those enrolled in higher education U.S. residency.
Senator Bennet also signed a letter urging the Trump administration to reunite 539 migrant children that had been separated from their families.
Bennet was also among the 19 senators who signed a letter to Environmental Protection Agency administrator Scott Pruitt, disputing his decision to undo the Clean Power Plan.
Senator Bennet has fought for stricter gun control measures. He took part in the Chris Murphy gun control filibuster, which urged gun laws to be revised following the Orlando nightclub shooting.
Michael Bennet Controversies
Michael Bennet’s political career has remained largely free from controversy. The NRA rated him C+ for his attempts to introduce stricter gun control laws in 2010 [7].
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Michael Bennet Biography
| Legal Name/Birth Name | Michael Farrand Bennet |
| Michael Bennet Net Worth | $15 million |
| Pseudonyms | N/A |
| Sources of Michael Bennet Net Worth | US Senator for Colorado, Publicly Traded Assets, Farms |
| Date of Birth | November 28th, 1964 |
| Place of Birth | New Delhi, India |
| Nationality | American |
| Gender | Male |
| Height | 183 cm (6ft 0 inch) |
| Weight | 124 kg |
| Religion | Judaism/Christianity [8] |
| Ethnicity | White |
| Marital Status | Married |
| Partner/Spouse | Susanne Christine Bennet |
| Children | 3 |
| Names of Children | Halina, Caroline, and Anne Bennet |
Frequently Asked Questions About Michael Bennet
Who is the Democratic senator of Colorado?
The current U.S. Senators for Colorado are Senator Michael Bennet and Senator John Hickenlooper.
Was Michael Bennet born in America?
Senator Michael Bennet was born in New Delhi, India. He and his family moved to the United States when he was still young.
Where did Senator Michael Bennet go to college?
Senator Michael Bennet attended Yale as well as Wesleyan University.
References
[1]. Michael Bennet Net Worth Sources
[3]. Michael Bennet Senate Salary
[4]. Michael Bennet Early Life
[5]. Obama praises Michael Bennet
[6]. Michael Bennet drops out of 2020 Democratic primaries
