Cory Booker Net Worth – How Much is Booker Worth?

Cory Booker is an American politician and lawyer with a net worth of $3 million. He is best known for being a US senator from New Jersey and previously serving as the mayor of Newark. Booker’s net worth includes his Senate salary, book royalties, and assets in brokerage accounts.

Key Takeaways:

Cory Booker has a net worth of $3 million.
He is a US senator from New Jersey.
Booker previously served as the mayor of Newark.
His net worth includes his Senate salary, book royalties, and assets in brokerage accounts.
Booker’s net worth is a result of his successful political career and various financial investments.

Cory Booker’s Salary and Earnings

Cory Booker, the American politician and lawyer, receives a salary of $174,000 as a US senator from New Jersey. In addition to his salary, Booker has also earned a substantial amount from book royalties. His book “United” has generated over $1 million in royalties, with $325,000 earned in 2016 and $400,000 earned in 2015. This successful book has contributed significantly to Booker’s overall earnings.

Regarding his financial assets, Booker’s 2017 wealth disclosure report shows that he holds assets worth $550,000, primarily in brokerage accounts. These assets have further enhanced his overall earnings and financial stability.

To summarize, Cory Booker’s salary as a US senator, combined with the substantial book royalties he receives, demonstrates his strong financial position. His assets, predominantly held in brokerage accounts, provide additional stability and financial security.

Year
Royalties from Book “United”

2015
$400,000

2016
$325,000

Cory Booker’s Finances and Tax Returns

In this section, we will delve into the details of Cory Booker’s finances and examine his tax returns. Booker’s financial transparency provides insights into his wealth, earnings, and charitable contributions.

Income and Taxes

According to his tax returns, Cory Booker earned a total of $4 million before taxes from 1998 to 2013. Over this period, he paid $1,057,359 in taxes, reflecting his compliance with tax obligations.

Furthermore, in addition to his Senate salary, Booker has generated significant income from speeches, totaling over $2 million. It is important to note that his financial disclosure forms reveal that he has assets valued between $400,000 and $850,000, further contributing to his overall wealth.

Charitable Contributions

Cory Booker has also demonstrated a commitment to philanthropy. He has donated more than $400,000 to various charitable causes. These contributions highlight his dedication to making a positive impact and supporting organizations that align with his values.

Year
Income before Taxes
Taxes Paid
Charitable Contributions

1998-2013
$4,000,000
$1,057,359
N/A

Through analyzing Cory Booker’s tax returns, we gain a deeper understanding of his financial situation. Despite his success, Booker’s commitment to philanthropy reveals his dedication to creating positive change beyond his personal wealth.

Cory Booker’s Early Life and Education

Cory Booker was born on April 27, 1969, in Washington, D.C. He grew up in Harrington Park, a small town in New Jersey. Booker attended Northern Valley Regional High School, where he excelled academically and showed early signs of leadership skills. He was a member of the debate team, served as class president, and was named to the National Honor Society.

After high school, Booker went on to attend Stanford University, where he pursued a degree in political science. During his time at Stanford, he was actively involved in student organizations and community service. Booker demonstrated a strong passion for social justice and civil rights, which would later shape his political career.

Following his undergraduate studies, Booker furthered his education by earning a Master of Arts degree in sociology from Stanford. He then traveled to the United Kingdom to study at Queen’s College, Oxford, where he earned a degree in U.S. history. Booker’s thirst for knowledge and commitment to public service led him to pursue a law degree at Yale Law School, where he graduated in 1997.

Early Influences

Booker’s upbringing and education instilled in him a sense of duty and a desire to make a difference in the world. Growing up in a family that valued education and community service, Booker was inspired by the civil rights movement and influential figures such as Martin Luther King Jr. and Thurgood Marshall. These early influences shaped Booker’s perspective and fueled his determination to fight for equality and justice.

“My parents taught me that we have a moral obligation to help others. That’s something that has guided me throughout my life,” Booker has said.

With his strong educational background and a deep-rooted commitment to public service, Cory Booker embarked on a journey that would lead him to become a respected politician and advocate for social change.

Cory Booker’s Career Beginnings

After graduating from Yale Law School, Cory Booker began his career as a staff attorney for New York’s Urban Justice Center. He worked tirelessly to provide legal assistance to low-income individuals and communities in need. Booker’s commitment to social justice and equality led him to become a program coordinator for the Newark Youth Project, where he focused on empowering young people and addressing the challenges they faced.

Booker’s dedication and passion for public service propelled him into politics. In 1998, he won a seat on the Municipal Council of Newark, marking the beginning of his political career. Known for his activist approach, Booker made tackling urban issues such as drug dealing and violence a top priority. He became a prominent voice in advocating for safer and more prosperous communities.

“It was during my early years in Newark that I truly understood the power of community and the impact that individuals can have when they come together to create positive change.” – Cory Booker

Booker’s career beginnings laid the foundation for his future as a leader and advocate. His work on the Municipal Council of Newark and his commitment to grassroots activism earned him national recognition and set the stage for his successful tenure as mayor of Newark.

Rise to Prominence

Throughout his career, Cory Booker has exemplified a strong dedication to public service and a tireless commitment to improving the lives of those he serves. His early experiences in law and activism allowed him to connect with the community on a personal level and address the pressing issues facing urban areas. This set the stage for his subsequent rise to prominence in Newark and beyond.

Cory Booker’s Mayorship of Newark

Cory Booker served as the mayor of Newark from 2006 to 2013, where he made significant efforts to improve the city’s crime rate, infrastructure, and affordable housing. One of his notable initiatives was the Let’s Move! Newark program, aimed at tackling childhood obesity through education and promotion of healthy lifestyle choices.

During his tenure, Booker also gained national recognition for his heroic acts. In 2012, he entered a burning building to save a woman trapped inside, putting his own life at risk. He was also praised for rescuing a dog left outside in freezing temperatures, demonstrating his commitment to the welfare of both residents and animals in Newark.

“We must remember that the ultimate measure of a city’s greatness is how it treats its most vulnerable members.” – Cory Booker

Under Booker’s leadership, Newark experienced a decline in crime rates, with reported crime dropping by 27% during his time as mayor. He also spearheaded efforts to attract investment and revitalize the city’s economy, working closely with local businesses and community organizations.

Booker’s tenure as mayor of Newark showcased his dedication to public service and his ability to address pressing issues facing urban communities. His initiatives and courageous acts have left a lasting impact on the city and its residents.

Cory Booker as a US Senator

Cory Booker was elected as a US senator from New Jersey in 2013, becoming the first black US senator from the state. Since taking office, Booker has been a vocal advocate for various issues, sponsoring and passing legislation on a wide range of topics.

One of Booker’s notable achievements as a senator was his role in the passage of the First Step Act, a criminal justice reform bill aimed at reducing recidivism and improving prison conditions. He has also been a strong advocate for equal rights and has supported legislation on issues such as same-sex marriage and women’s rights.

Booker has consistently championed efforts to address income inequality and has introduced bills to increase the minimum wage and expand access to affordable housing. Additionally, he has been a vocal proponent of addressing climate change and has pushed for legislation to promote clean energy and reduce greenhouse gas emissions.

As a US senator, Booker has used his platform to speak out on important issues and to fight for the rights of marginalized communities. He has been reelected to his senatorial seat in 2020, continuing to serve the people of New Jersey and make a difference at the national level.

Table: Legislation Sponsored by Cory Booker as a US Senator

Issue
Bill Title
Status

Criminal Justice Reform
First Step Act
Passed

Equal Rights
Equality Act
In Progress

Minimum Wage
Raise the Wage Act
In Progress

Affordable Housing
Housing, Opportunity, Mobility, and Equity (HOME) Act
In Progress

Climate Change
Climate Stewardship Act
In Progress

Cory Booker’s Presidential Campaign

In 2019, Cory Booker announced his candidacy for the Democratic nomination in the 2020 presidential election. Despite his strong presence and passionate campaign, Booker faced challenges in gaining significant traction in the crowded field of candidates.

Booker participated in several debates, showcasing his policy positions and advocating for progressive change. However, he fell short of the polling requirements set by the Democratic National Committee for the sixth debate, ultimately leading to his decision to suspend his campaign.

“I got in this race to win, and I’ve always said I wouldn’t continue if there was no longer a path to victory. Our campaign has reached the point where we need more money to scale up and continue building a campaign that can win—money we don’t have, and money that is harder to raise because I won’t be on the next debate stage and because the urgent business of impeachment will rightly be keeping me in Washington,” said Booker in a statement.

Although his presidential campaign came to an end, Booker’s run was marked by his commitment to issues such as criminal justice reform, climate change, and economic equity. While he may not have achieved the nomination, Booker played a role in shaping the policy discourse and energizing his supporters.

Cory Booker’s Other Endeavors

Cory Booker, in addition to his political career, is involved in various other endeavors that showcase his diverse interests and commitments. He serves on the board of advisers for Democrats for Education Reform, an organization dedicated to improving education policies and outcomes. Booker’s involvement highlights his dedication to advocating for quality education for all.

Furthermore, Booker is a member of the board of trustees of Columbia University’s Teachers College. This role allows him to contribute to the development and advancement of teacher education and educational research. Booker’s commitment to education extends beyond his political work, demonstrating his passion for empowering individuals through knowledge and learning.

In a unique venture, Cory Booker co-founded Waywire, a video-sharing technology company. This endeavor reflects his interest in leveraging technology to connect people and amplify their voices. Waywire aimed to provide a platform for individuals to share their stories and perspectives, fostering a sense of community and engagement.

Cory Booker’s Involvement in Documentaries and Television Series

Cory Booker has been featured in documentaries and television series that highlight his impactful work in Newark. These media portrayals shed light on his efforts to address urban issues, improve community wellbeing, and create positive change. Through these appearances, Booker’s dedication to public service and his commitment to serving the people of Newark have reached a wider audience, inspiring others to get involved and make a difference.

Cory Booker’s Personal Life

Cory Booker, the American politician and lawyer, has had a colorful personal life alongside his political career. While he has never been married, Booker has been in relationships with notable individuals, including author Cleo Wade and actress Rosario Dawson. These high-profile partnerships have attracted media attention and added another dimension to Booker’s public image.

“Love is not about being perfect, it’s about understanding, forgiving, and growing together.”

Booker currently resides in a townhouse located in Newark’s Lincoln Park neighborhood, which reflects his strong ties to the city where he served as mayor. It’s worth noting that earlier in his career, Booker lived in affordable housing in Newark’s Central Ward, demonstrating his commitment to understanding and addressing the challenges faced by the community.

Personal Life Details

Marital Status
Never Married

Notable Relationships
Cleo Wade, Rosario Dawson

Residence
Townhouse in Newark’s Lincoln Park neighborhood

Booker’s personal life provides insight into his character and the connections he has formed throughout his journey. While he has dedicated himself to public service, his personal relationships have undoubtedly shaped his perspective and influenced his approach to politics and community engagement.

Cory Booker’s Assets and Investments

When it comes to wealth, Cory Booker’s assets are nothing short of impressive. The senator owns a luxurious house valued at a staggering $8 million, showcasing his success and financial prowess. In addition to his lavish residence, Booker holds multiple real estate properties, further diversifying his investment portfolio.

But the senator’s assets don’t stop there. Booker’s wealth extends to transportation, with a collection of four cars that reflect his discerning taste and love for automobiles. And let’s not forget the epitome of luxury – a lavish yacht that adds another layer of sophistication to his lifestyle.

Furthermore, Cory Booker’s financial portfolio speaks volumes about his astute investment strategies. With cash reserves exceeding $5 million and an investment portfolio valued at $3 million, it’s clear that he understands the importance of smart financial decisions. Additionally, Booker receives significant donations and gifts from businesses and Wall Street investors, further solidifying his financial standing.

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