Here's How Much Pete Buttigieg Is Worth

[TomCADem]

It is interesting that Pete Buttigieg is attacked for being elitist and out of touch when he is the only candidate who is not a millionaire.

https://www.forbes.com/sites/chasewithorn/2019/06/07/how-much-is-pete-buttigieg-worth/#c9c3fca3dd38

“I actually live in a middle-class lifestyle, in a middle-class neighborhood, in the American Midwest,” Pete Buttigieg recently told CNBC. He has the finances to prove it.

Forbes estimates that Buttigieg has built a net worth of about $100,000, largely thanks to his six-figure salary as mayor of South Bend, Indiana—making him a financially comfortable Midwesterner, but one of the least wealthy 2020 presidential hopefuls.

His earnings have bounced up and down over the past decade. In 2010, Buttigieg left his high-paying consulting job with McKinsey & Company to run full-time for treasurer of his home state of Indiana. His yearly earnings plummeted from $150,000 to $34,000, according to his tax returns. He lost that race and then decided to run for mayor of South Bend. His income fell further, to just $7,000 in 2011, propped up only by his 2009 decision to enlist in the U.S. Navy Reserve. “I had health insurance and a little income from reserve duty,” Buttigieg wrote in his 2019 book Shortest Way Home, “but that came to about $400 a month, just shy of enough to cover my mortgage.”

Luckily he won the mayor’s job and the ample salary that came with it. One of the highest-paid mayors in Indiana, Buttigieg has brought in more than $100,000 every year since taking office in 2012—except 2014, when his income dropped to $46,000 because he was deployed to Afghanistan for part of the year, forgoing his city salary.

[evertonfc]

1. He's the real deal

I never understood why a person's wealth is an issue. As long as you earned it. There are bad rich people and bad poor people. It's perfectly logical that a person works hard, starts a business and becomes wealthy. Why is that such asn issue in our party?

[localroger]

9. There is no such thing as "earning" a billion dollars

There is nothing you could ever do as an individual that justifies that kind of wealth, and if you have it it's because you scammed it from the rest of us by gaming the system.

[CaliforniaPeggy]

2. He doesn't have a lot of money. What he does have is character & ethics. n/t

[FreeState]

3. This - his Rules of the Road is something every Democrat

Should get behind!

https://peteforamerica.com/rules-of-the-road/

[Frasier Balzov]

5. Matched by intelligence and eloquence.

Seemingly near genius level at processing info. I have great confidence in his capabilities.

[bluewater]

4. How many of the other candidates were millionaires when they were 38?

None?



Pete has 40 years or so to accumulate wealth like the rest have.

But Pete's parents were both college professors, right?

That was certainly more upscale than Elizabeth Warren's childhood.

[squirecam]

6. His service, both public and military is admirable.

Attacking him for his “billionaire” donors, which give him the same maximum as everyone else, is wrong headed.

[Blue Owl]

7. Pete's the most like you & me

[judeling]

8. A link to everybody.

From Forbes
[link:https://www.forbes.com/sites/danalexander/2019/08/14/heres-the-net-worth-of-every-2020-presidential-candidate/#111b17b937c5|]

Amy and her Husband for example areworth about $2 million according to them.

$365,000 in their house (paid off), $850,000 in Retirement accounts and $560,000 in her senate pension. The couple makes about $300,000 a year. $174,000 as a Senator and the rest from his salary teaching at Georgetown and University of Baltimore.

In other words pretty much like Pete's parents if the were careful with their money and where Pete will be when he grows up.

[unitedwethrive]

10. The main issue I consider is a candidate's character.

A person with a strong moral compass will do their best to chose what is right: whether they are supported by billionaires or not; whether they have worked in Washington D.C. or not; whether they have highly planned out campaign promises or not.

Remember, Obama had billionaire donors. Nixon had years in Washington before becoming president - as a senator and vice-president. Thomas Jefferson campaigned on how he would reduce the national debt, and then broke that promise with the Louisiana Purchase. Yet, what made each of these men good or bad presidents? It was their character and if they did their job with the best interests of the country at heart.