Senator Elizabeth Warren has routinely campaigned on redistributing wealth and counts herself as a champion of the “99%” of Americans who aren’t millionaires. But according to financial records obtained by MassLive, Warren is solidly within the 1%.
In 2017, Warren and her husband, a Harvard University professor, hauled in nearly $1 million in adjusted gross income. Warren was the moneymaker ,though her husband claims to have earned around $430,379.
The numbers aren’t much of a surprise. Warren is believed to have a net worth somewhere in the ballpark of $7 million to $10 million and most of that money is “held in mutual funds and retirement accounts with TIAA-CREF” — a bank that serves Ivy League professors, and which often invests in the kinds of corporations Warren’s policies would impact.
Perhaps most ironic, much of Warren’s 2017 income comes from her book, “This Fight Is Our Fight: The Battle to Save America’s Middle Class,” despite the fact that she is nowhere near middle class.
In recent weeks, Warren has changed her tune, somewhat, on economic issues. Unable to compete with more strident progressives like Bernie Sanders (who is poor compared to Warren, with only a six-figure net worth, though he does have three homes), and Alexandria Ocasio-Cortez, Warren has moderated, calling herself a “dedicated capitalist” and reassuring Americans that her plans for the American economy are decidedly moderate.