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> How does a US politician on a $175k salary become worth $80 million after 30 years in congress? Which politician are we talking about here? Or are we being
by zimpenfish 2y ago
> How does a US politician on a $175k salary become worth $80 million after 30 years in congress?
Which politician are we talking about here? Or are we being generic? From what I've seen, the majority of people in Congress started off rich because, well, you need to be rich (or at least rich-adjacent) to even consider running.
- monero-xmr 2y agoChuck Schumer, who has been in Congress since 1998 https://www.lawyersclubindia.com/wealth/chuck-schumer-net-worth/ https://www.lawyersclubindia.com/wealth/chuck-schumer-net-wo...
- zimpenfish 2y agoNot wishing to disparage the good name of "lawyersclubindia" and their guesstimates but OpenSecrets has him at just over $1M in 2018[0] and ThisNation has him at $900k in 2022[1]. (Neither sounds that plausible but they are definitely less shady than "lawyersclubindia".) The only places that have him in the 10s of $M bracket look like spam content farms who've stolen the majority of their content from Wikipedia. [0] https://www.opensecrets.org/personal-finances/charles-schumer/net-worth?cid=N00001093 https://www.opensecrets.org/personal-finances/charles-schume... [1] https://www.thisnation.com/politics/people/chuck-schumer-net-worth-bio/ https://www.thisnation.com/politics/people/chuck-schumer-net...