Bernie Sanders Net Worth: $2 million
If you are wondering how can I find out the truth about Bernie Sanders net worth, then look no further. Here is the simple truth about his net worth estimates.
According to Forbes Magazine, Bernie’s net worth is estimated at between $200 million and one billion dollars. Since this is a rather impressive figure, one should ask if he can afford to run for President of the United States of America? One has to also ask the question if he will be able to pay off his debts or debt of others so that he can invest his money wisely.
Many rich people always live beyond their means and sometimes they fall into the legal or financial traps that lead them into debts. If he does not pay these debts, then he is left with bankruptcy, which of course, will cost him dearly.
A candidate who is not required to file the Federal Election Commission forms reports and does not have campaign contributions is at a risk of being taken down by the IRS. If he is not careful enough to file his campaign reports, then he may be accused of being a felon and sued by his opponents.
This is why some of these such candidates give all their assets to charity and donate some of their campaign contributions to charities. Many of them do not have the desire or money to invest the money wisely.
Bernie Sanders has managed to make a success out of a very poor background. His parents’ divorce left him with little support in his life. Though he was on welfare, his father did not approve of this; instead he believed that if his son can manage a car, a home and live in an apartment in NYC, he can surely manage to provide for his children.
Bernie Sanders now owns a home and he has an expensive car. But he also has debts that need to be paid and he is also afraid of falling into legal or financial traps. So it is safe to say that he is not as financially secure as he thinks that he is.
On the other hand, it is quite obvious that even the average person has no problem to meet his debts. So the question is if Sanders can get his hands on a car and a home or if he needs to rely on charitable donations? The truth is, that there is no doubt about Sanders’ net worth because everyone is capable of meeting their debts.