Senator Richard Blumenthal Net Worth
Based on our calculations from the senator’s financial disclosure forms for FY 2020, Richard Blumenthal Net Worth is between around $35 million to $120 million.
The Richard Blumenthal Net Worth is in the form of publicly-traded investments.[1] He is one of the wealthiest members of the senate. His career as a lawyer and later the role of District Attorney General of Connecticut contributed to his net worth.[2] He has been earning income as an elected official since 1987.
Senator Richard Blumenthal Net Worth and Income Summary
Richard Blumenthal earns $174,000 as a senior US senator for Connecticut. [3] He also earns income from his retirement account, fixed income, and equity accounts that contribute to his net worth.[4]
Richard Blumenthal Net Worth Summary = $77m based on a range of $35m-$119m in assets and investment income = $11m based on a range of $3.1m-$19m.
Since Senators can disclose based on a range, we have taken the midpoint average for estimation.
Richard Blumenthal Assets
| Assets | Asset Value |
| Real Estate | $2.5m |
| Bank and Investments | $32m-$117m |
| IRA | – |
| Total Richard Blumenthal Net Worth | $35m-$119m |
Richard Blumenthal Investment Income Summary
| Assets | Income |
| Real Estate | – |
| Bank and Investments | $3.1m-$19m |
| IRA | $64k |
| Total | $3.1m-$19m |
| Bank and Investments | Earnings |
| Bank and Stocks (Checking accounts, Real estate, ETFs. Money market funds, etc.) | $3,105,056-$19,097,000 |
| IRA | Income |
| State of Connecticut Retirement Division | $61,549 |
| Traditional IRA | $2,901 |
| Total | $64,450 |
Senator Richard Blumenthal Income
Richard Blumenthal is one of the wealthiest members of the Senate with income through different sources. His main source of income is his salary as a US Senator. In addition, he also earns income from different fixed and equity investment assets that are managed by a private equity firm.
Income Source 1: Salary as a United States Government Senator
Richard Blumenthal earns about $174,000 as a US Senator. He has been serving the post since 2011.
Income Source 2: Investments in Fixed Income and Equity Investment Firm
Richard Blumenthal has been earning income from various corporate securities.
The financial disclosure forms show that the Connecticut Senator’s passive income is $3-$19 million per year, excluding his salary as a Senator.
This is roughly 100 Americans’ active income as our median income trends around $31k per year.
The table below summarizes Blumenthal’s income from investments.
Richard Blumenthal was born in New York City, NY on 13th February 1946. He was born to a Jewish father Martin Blumenthal who immigrated to the US from Frankfurt, Germany. His mother Jane was from Omaha Nebraska. He has one brother David Blumenthal who is a doctor and president of the US Commonwealth Fund.
Blumenthal attended Riverdale Country School in Bronx, New York. He graduated magna cum laude from Harvard College in 1967 with a bachelor’s degree in Arts.
In 1973, Blumenthal received a J.D. law degree from Yale Law School where his classmates included future 46th President Bill Clinton and his wife Hillary Clinton.
He married Cynthia Malkin in 1982. His wife is the daughter of the New York real estate tycoon Peter L. Malkin. His wealth is derived in large part from his wife.[6]
Blumenthal served in the US Marine Corps Reserve in 1970. He served in the military from 1970 to 1976 attaining the sergeant rank.
Richard Blumenthal Career
Richard Blumenthal worked as a partner in the law firm Cummings and Lockwood and later Golub & Sandak. He was appointed the US Attorney for Connecticut in 1977 and retained the position till 1981.
In 1985, Blumenthal’s political career started when he won Connecticut’s 145th district House of Representatives seat. Two years later, he became the senate majority leader from the 27th district Connecticut State Senate.
In 1991, Blumenthal was elected as the Attorney General of Connecticut. In 2010, Blumenthal ran for the 112th Congress Senate seat from Connecticut and won the election. He became a senior senator in 2013 after the retirement of Joe Liberman.
Blumenthal was re-elected in 2016 becoming the first person in the history of Connecticut to win the Senate seat with more than 1 million votes.
Richard Blumenthal Accomplishments
In 2002, Richard Blumenthal received the Raymond E. Baldwin Award for Public Service. The award was given by the Quinnipiac University School of Law for his contributions to the public service field.
Sen. Blumenthal voted for and spearheaded the Defending Integrity of Voting Systems Act in 2019. The bill passed in Congress in 2020. It was introduced as a federal government law to protect the digital voting system from fraud and abuse.
Blumenthal made a lot of achievements while serving as Connecticut’s Attorney General. He spearheaded the multi-billion dollar lawsuit against the tobacco industry.
In addition, Blumenthal was one of the key senators that filed a lawsuit to break the monopoly of software company Microsoft that was hurting the tech industry.
Richard Blumenthal Controversy
Richard Blumenthal had misled voters during the 2010 Senate elections stating that he served in Vietnam.[7] He later apologized for his remarks saying that his comments about his military service were not precise or clear.
Blumenthal was also linked with the corruption scandal regarding the mayor of Hartford Eddie Perez. He raised funds for the mayor during his campaign. However, the mayor is alleged to have squandered a lot of the funds in personal expenses.
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Richard Blumenthal Biography
| Legal Name/Birth Name | Richard Blumenthal |
| Richard Blumenthal Net Worth | $100,000,000 |
| Pseudonyms | N/A |
| Sources of Richard Blumenthal Net Worth | US Senator from the State of Connecticut |
| Date of Birth | 13th February 1946 |
| Place of Birth | New York City, NY |
| Nationality | American |
| Gender | Male |
| Height | 182 cm (5 ft 10 inch) |
| Weight | 165 lb (75 kg) |
| Religion | Jewish |
| Ethnicity | White |
| Marital Status | Married |
| Partner/Spouse | Cynthia Malkin |
| Children | 4 |
| Names of Children | Claire Blumenthal. David Blumenthal, Matthew Blumenthal, and Matthew Blumenthal. |
Frequently Asked Questions About Richard Blumenthal
Where was Richard Blumenthal born?
Richard Blumenthal was born on 13th February 1946.
How old is Richard Blumenthal of Connecticut?
Richard Blumenthal turned 75 years old in 2021.
Is Richard Blumenthal married?
Richard Blumenthal married Cynthia Malkin in 1982. The couple has four children.
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References
[1]. https://www.legistorm.com/pfd_office/member/Sen_Richard_Blumenthal/2813.html – Sen. Richard Blumenthal (D-Connecticut) financial disclosures data.
[2]. https://richardblumenthal.com/meet-richard/ – Sen. Richard Blumenthal stint as the attorney general of Connecticut.
[3]. https://www.legistorm.com/member/2813/Sen_Richard_Blumenthal.html – Sen. Richard Blumenthal (D-Connecticut) salary data.
[4] https://sec.report/Senate-Stock-Disclosures/BLUMENTHAL/RICHARD/3740ce3d-a430-41d6-9220-350437e1b83b – Financial disclosure data of Sen. Richard Blumenthal (D-Connecticut).
[5]. https://www.cga.ct.gov/PS98/rpt%5Colr%5Chtm/98-R-0102.htm – About Attorney General Salaries.
[6]. https://www.ctpost.com/local/article/Blumenthal-at-high-end-of-Senate-millionaires-3797283.php – An article about Sen. Richard Blumenthal’s net worth.
[7]. https://www.theguardian.com/world/richard-adams-blog/2010/may/18/richard-blumenthal-vietnam-connecticut-senate – An article criticizing Sen. Richard Blumenthal for his misleading statement about serving in Vietnam.
