Senator Patrick Leahy Net Worth is estimated at approximately -$260,000. This information is based on the assets and liabilities specified in the Vermont Senator’s financial disclosure .
The Senior United States Senator has a negative net worth because the value of their liabilities exceeds the value of their assets. These assets include mutual funds, bank deposits, and life insurance. Each of these contributes to the Patrick Leahy net worth estimate given above.
Patrick Leahy Net Worth: Assets
Assets in Patrick Leahy Net Worth Summary
|Known Assets||Minimum Value||Maximum Value||Earnings|
|Mutual Funds||$116,000||$265,000||$5,000 – $15,600|
|Bank Deposits||$50,000||$100,000||$0 – $200|
|Life Insurance||$3,000||$45,000||$1,000 – $2,900|
|Total||$169,000||$410,000||$6,000 – $18,700|
Patrick Leahy Net Worth: Liabilities
Liabilities in Patrick Leahy Net Worth Summary
|Known Liabilities||Minimum Value||Maximum Value|
|Line of Credit||$100,000||$250,000|
Patrick Leahy Net Worth: Income Sources
Senator Patrick Leahy earns income from multiple sources. He earns $174,000 per year as a Senior Member of the United States Senate .
The Vermont Senator also earns money from mutual funds, a bank deposit, and his life insurance.
Income Source 1: Salary as a U.S. Senator
Senator Patrick Leahy was initially elected to the U.S. Senate in 1974. As an elected Democratic Senator, he receives the default U.S. Senate salary of $174,000. This salary is not counted in the Patrick Leahy net worth estimate above.
Income Source 2: Earnings from Assets
Senator Leahy owns assets valued at between $169,000 and $410,000, according to his 2020 financial disclosure . This consists of mutual funds, a bank deposit, and life insurance. He earns between $6,000 and $18,700 from these assets. Each of these assets contributes to our Patrick Leahy net worth estimate above.
Senator Patrick Leahy Bio/Early Life
Patrick Joseph Leahy was born on March 31st, 1940, in Montpelier, Vermont, USA. His parents were Howard Francis Leahy and Alba Leahy . As a child, Patrick Leahy attended schools in Montpelier. He graduated from St. Michael’s High School before pursuing higher education at Saint Michael’s College.
Patrick Leahy graduated from Saint Michael’s College in 1961 with a Bachelor of Arts degree in Government. He then studied at the prestigious Georgetown University Law Center and received a Juris Doctor in 1964 . Leahy was involved with the Georgetown University Legal Aid Society while completing his degree and was a representative of the school’s Student Bar association.
Patrick Leahy began his law career shortly after completing his education. Leahy was admitted to the bar and became an associate for the Burlington firm. This firm was headed by Philip Hoff, who was serving as the Governor of Vermont at the time. Hoff later appointed Patrick Leahy as the State’s attorney in Chittenden County in 1966. He was elected to complete a full term later in the year and was re-elected in 1970.
As state attorney, Leahy participated in the operation that caught Paul Lawrence, an undercover police officer who had made false claims about illegal drug purchases .
Patrick Leahy began his political career by running for the United States Senate in 1974 . Leahy managed to defeat his Republican opponent Richard W. Mallary in the general election and became the youngest U.S. Senator from Vermont.
Senator Patrick Leahy then defeated Republican Stewart Ledbetter in 1980. He then beat Governor Richard Snelling in 1986 by securing 63% of the vote. Leahy won a narrow victory against Jim Douglas in 1992, winning with 54% of the vote.
In 1981, Senator Patrick Leahy notably requested that John Crowell Jr’s nomination to the Senate Agriculture Committee assistant secretary position be rejected. This request was on the grounds that Crowell was aware of his former employer’s monopolistic and anti-competitive practices.
Senator Patrick Leahy was chosen for the Senate Select Committee for the purpose of studying law enforcement undercover activities on behalf of the Department of Justice .
Leahy was re-elected to the U.S. Senate once again in 1998. This election was notable because his opponent Republican Fred Tuttle endorsed him. The Senator was re-elected once again in 2004, beating Republican Jack McMullen with approximately 71% of the vote.
Senator Patrick Leahy has served in the United States Senate for over three decades. In November 2021, he announced he would not be running for a ninth term.
Senator Patrick Leahy Accomplishments
Senator Patrick Leahy has many accomplishments under his belt. He was selected as the chairman of the Senate Judiciary Committee. He has also served as the President pro tempore in the United States Senate.
Senator Patrick Leahy Controversies
Senator Patrick Leahy’s political career has remained free of controversy. In 2009, he received criticism for demanding a “truth commission” on torture practices at Guantanamo Bay and Abu Ghraib prisons .
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Patrick Leahy Biography
|Legal Name/Birth Name||Patrick Joseph Leahy|
|Sources of Wealth||Senior U.S. Senator from Vermont,Mutual Funds, Bank Deposits, Life Insurance|
|Date of Birth||March 31th, 1960|
|Place of Birth||Montpelier, Vermont, USA|
|Height||6ft 2 inches (1.88m)|
|Partner/Spouse||Marcelle Pomerleau (m. 1962)|
|Names of Children||Alicia Jackson, Mark Leahy, Kevin Leahy|
Frequently Asked Questions About Patrick Leahy
Who is Patrick Leahy?
Patrick Leahy is the current Senior Senator from Vermont. He has been a member of the U.S. Senate since 1974 but does not intend to run in 2022.
What is Patrick Leahy Net Worth?
Patrick Leahy net worth is currently -$260,000. His net worth is in negative because his liabilities exceed his assets by a fairly wide margin.
What is Patrick Leahy’s political affiliation?
Senator Patrick Leahy is a prominent member of the Democratic Party.
. https://sec.report/Senate-Stock-Disclosures/Leahy/Patrick+J/27ca1d37-bb32-4a24-9c0b-41805d58031a – Patrick Leahy Financial disclosure for 2020
. https://senate.gov/senators/SenateSalariesSince1789.htm – U.S. Senator default salary
. https://www.burlingtonfreepress.com/story/news/local/2016/03/05/vermont-senator-patrick-leahy-human-rights/81281790/ – Patrick Leahy parents
. https://www.newspapers.com/clip/89153721/leahy-georgetown/ – Patrick Leahy goes to Law School
. https://timesmachine.nytimes.com/timesmachine/1976/08/02/113450401.html?pageNumber=33 – Paul Lawrence caught
. https://vtdigger.org/2016/10/26/leahy-legacy-fidel-fundraising-influential-friends/ – Patrick Leahy elected to Senate
. https://www.nytimes.com/1982/07/21/us/senate-unit-starts-studying-fbi-undercover-inquiries.html – Patrick Leahy Senate Committee appointment
. http://edition.cnn.com/2009/POLITICS/03/04/leahy.commission/ – Patrick Leahy demands inquiry into Guantanamo Bay and Abu Ghraib