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How rich is Massachusetts senator Elizabeth Warren; Elizabeth Warren's net worth revealed

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How rich is Massachusetts senator Elizabeth Warren; Elizabeth Warren's net worth revealed


Due to her prominence in American politics and academia, it’s no wonder why so many wonder about Elizabeth Warren’s net worth and how she accumulated her wealth. In the following article, we’ll answer these burning questions and provide you with all other relevant financial information related to Senator Warren.

Who is Elizabeth Warren?

Elizabeth Warren is a US Senator from Massachusetts, serving in the Senate since 2013. Before her political career, Warren was a professor of law, specializing in bankruptcy. She taught at several universities, including Harvard Law School, and authored numerous books on financial topics. Senator Warren is also known for her advocacy on consumer protection, economic opportunity, and the social safety net. She ran for the Democratic nomination for President in 2020 but lost to Hillary Clinton in the process.

Elizabeth Warren’s net worth

There’s a lot of conflicting data related to Elizabeth Warren’s net worth. For example, CAknowledge reports a staggering net worth of $73 million, while Celebrity Net Worth suggests a way smaller figure of $8 million. Either way, the figure is substantial, and it reflects her earnings from her academic career, book sales, and US Senator salary.

How did Elizabeth Warren make her money?

From what we were able to gather, Elizabeth Warren has multiple sources of income. Here are some of the ways she has made her money:

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  • Senate salary: As a United States Senator, she earns an annual salary of $174,000;
  • Book deals: As an author of several books, Warren makes money from book deals. For example, she made more than $300,000 from books in 2018;
  • Lecturing and consulting: Apart from writing, she also earns income from lecturing and consulting;
  • Businesses and donations: She earns annually through various businesses and donations;

Warren’s assets and investments

When it comes to assets and investments, Elizabeth Warren owns over 10 real estate properties, which include both residential and commercial properties. What’s more, her car collection includes 7 vehicles, ranging from luxury sedans to SUVs. She also owns 3 luxury yachts, which are considered high-value assets.

In terms of financial assets, Warren also has cash reserves, as well as an impressive investment portfolio, with several high-value stocks.

Insider trading involvement

There are no public records or credible reports that suggest Warren’s involvement in insider trading. In fact, she has called for investigations into potential insider trading activities by other government officials. Moreover, Warren even introduced a bill that bans Members of Congress and their spouses from owning and trading individual stocks, bonds, commodities, futures, and other securities.

How much is Elizabeth Warren worth?

There is a lot of dispute over Elizabeth Warren’s net worth. Some reports suggest a $73 million figure, while others claim her wealth to be a lot smaller, somewhere around $8 million. Either way, both figures make Senator Warren part of the richest echelon of US senators. Nevertheless, with no public record of any financial controversies, it’s hard for an average American to make a case against her personal wealth in any way.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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Massachusetts

Police: Man with connections to Wayne County found dead in Massachusetts

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Police: Man with connections to Wayne County found dead in Massachusetts


A man with connections to Wayne County has been found dead in Massachusetts.

Plymouth, Mass., police have been searching for Rodney Riviello, 69, for the past four days. In a social media post, police say Riviello was a president of Plymouth, but had connections to the village of Clyde in Wayne County.

Police posted Saturday that they found his body outdoors. Police will have an update in the coming days.

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Senate in Massachusetts passes bill curtailing use of plastics including bags, straws

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Senate in Massachusetts passes bill curtailing use of plastics including bags, straws


BOSTON — The state Senate in Massachusetts has passed a wide-ranging bill curtailing the use of plastics, including barring the purchase of single-use plastic bottles by state agencies.

The bill, approved Thursday, also bans carry-out plastic bags at retailers statewide and require stores to charge 10 cents for recycled paper bags. It also requires straws and plasticware to be available only by request and creates a program to recycle large items like car seats. It now heads to the House.

The move comes as a growing number of states are address concerns about plastics that harm wildlife, pollute waterways and clog landfills. Each day, the equivalent of 2,000 garbage trucks full of plastic are dumped into the world’s oceans, rivers and lakes, according to the U.N. Environment Programme. People are increasingly breathing, eating and drinking tiny plastic particles.

“This vital legislation is another step forward towards eradicating plastics, a top environmental offender, in our everyday life,” Sen. Michael Rodrigues, chair of the Senate Committee on Ways and Means.

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Environmentalists welcomed the move, which would make Massachusetts the 13th state to pass a plastic bag ban and builds on local initiatives in Massachusetts. Communities representing 70% of the state’s population already have bans.

It also codified an executive order signed last year by Gov. Maura Healey, which she says made Massachusetts the first state to ban the purchase of single-use plastic bottles by state agencies.

“State leaders have chosen to take a big step toward reducing waste and protecting our neighbors and local wildlife from the dangers of excessive plastic usage,” Sierra Club Massachusetts State Political Director Jess Nahigian, said in a statement. “Plastics harm our ecosystems and communities. Cutting down on plastics is a necessary step toward achieving our state climate goals and creating a more sustainable home for future generations of Massachusetts residents.”

But the Massachusetts Fiscal Alliance, which promotes fiscal responsibility, said the ban is part of a larger trend by the Senate to limit choices for consumers.



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First-time filings for unemployment rose last week in Massachusetts, U.S. Labor Dept. says

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First-time filings for unemployment rose last week in Massachusetts, U.S. Labor Dept. says


Initial filings for unemployment benefits in Massachusetts rose last week compared with the week prior, the U.S. Department of Labor said Thursday.

New jobless claims, a proxy for layoffs, increased to 5,183 in the week ending June 15, up from 4,870 the week before, the Labor Department said.

U.S. unemployment claims dropped to 238,000 last week, down 5,000 claims from 243,000 the week prior on a seasonally adjusted basis.

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Delaware saw the largest percentage increase in weekly claims, with claims jumping by 131.2%. Virgin Islands, meanwhile, saw the largest percentage drop in new claims, with claims dropping by 54.7%.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the U.S. Department of Labor’s weekly unemployment insurance claims report. 



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