Bernie Sanders has held the spotlight for as long as he has because of promoting the idea of socialism.
With this mindset, there’s a call for collectivism where there is no privately owned property.
While this may sound great in theory, it’s also important to take a closer look at the man who is saying that socialism is what’s best for the United States.
Bernie Sanders is worth millions, so where did it all come from?
When you think about it, it doesn’t make sense for Sanders to promote socialism.
After all, someone with three houses would have to surrender them if he truly wants to practice what he preaches.
He sounds like your ordinary middle-class politician. However, he is the proud owner of three houses and a net worth that is quickly approaching the $2 million mark.
Starting Out as Mayor
When Bernie Sanders began as the mayor of Burlington, Vermont in the 1980s, he had the image of being a scrappy advocate.
He typically wore corduroys and work boots. He drove a rusty VW Dasher.
He talked about being frugal and many who sat within his administration would have described him as cheap.
He also was known for not paying his bills on time. He struggled financially on a regular basis, renting a sparsely furnished second-floor apartment.
Somewhere in the middle of all of that, things changed.
He may still be frugal with his funds. However, since running for president in 2016, he’s now a democratic socialist with millions in his bank account.
He owns a significant amount of real estate outright.
He likes to champion against the 1 percent, though it may be clear that he has lost sight of what it means to be a struggling American, considering that he’s now part of the socio-economic ranks that he vowed to take down years ago.
Show Us the Money
When Sanders has been pressed about where the money has come from, he talks about the bestselling book that he wrote.
He hasn’t tried to hide his earnings. He released 10 years of tax returns.
He claims that his best-selling book is what turned him into a millionaire. He bristles when talking about his money and reminds people that he has a college degree, too.
However, there are countless people with college degrees and a single best-selling book that still haven’t amassed the wealth of Sanders, which is why so many people are beginning to ask the question.
His tax returns and financial disclosures have revealed some interesting things.
Part of his current status is as a result of luck. However, much of it has to do with decades of planning, partly with his wife’s help.
Sanders has been quoted on many occasions as saying that he “had no desire to be rich.”
If that were true, he wouldn’t have gotten involved in financial planning.
You don’t make real estate upgrades and pursue various investment funds and retirement accounts if you have no desire to be rich. In fact, you do exactly the opposite.
He’s Become What He Hates
Bernie Sanders is seeking the presidency for a second-run in 2020.
He failed to get enough votes, which is why he’s going at it again. However, it’s hard to believe that he’ll get any further in this election when he has become the person that he supposedly hates more than anyone.
He has spent his entire career hating millionaires and going after the one percent.
With millions to his name, countless investment profiles, and three homes in full, he is most definitely part of the one percent.
And, if he writes another book, that could easily put him up by another million or so, based on his initial calculations with his first book.
As Garrison Nelson, a veteran watcher of Sanders and a political science professor in Vermont comments, when he had no money, people could identify with him and he with them.
Now that he has money, he’s losing his ability to connect with the very people he once set out to establish a voice for.
Ultimately, Bernie Sanders has strategically worked to create the position that he is in today.
He has amassed a considerable amount of wealth for himself. With a congressional salary that is around $165,200 and a book on shelves in bookstores that is still capable of bringing in royalties, he most certainly is not the scrappy advocate that he once was.
He’s a planner, he’s an investor, and he has been working to build the wealth that he apparently hates for quite some time.