Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Bernie Sanders doubled his 2022 income with profits from book railing against capitalism

Financial disclosure forms show that Vermont Sen. Bernie Sanders nearly doubled his income as a senator last year with royalty payments from a book slamming capitalism.

Progressive Vermont Senator Bernie Sanders nearly doubled his yearly income last year by selling a book that decried the principles of capitalism.

The latest round of financial disclosure forms from the Vermont senator, first reported by Business Insider and obtained by Fox News Digital, show $170,000 in royalties last year from Penguin Random House for his book "It's OK to Be Angry About Capitalism."

The royalty amount is only slightly less than the $174,000 salary that Sanders made last year serving Vermont in the U.S. Senate.

Sanders earned a $170,000 royalty from Random House in 2020 as well, which amounts to $340,000 in book royalties. 

FORMER STARBUCKS CEO BATTLES BERNIE SANDERS' 'BILLIONAIRE MONIKER' IN DEFENSE OF AMERICAN DREAM: 'I EARNED IT'

Fox News Digital reached out to Sanders’ office but did not immediately receive a response.

Sanders faced pushback earlier this year for embarking on a tour promoting the book with events that charged guests almost $100 to attend. 

BERNIE SANDERS PUSHES BACK ON PSAKI ON WHY VOTERS SHOULD BE ANGRY ABOUT CAPITALISM: 'WE DON'T TALK ABOUT IT'

Sanders claimed at the time he had "nothing to do" with those prices and said he was "not particularly" happy about the situation but acknowledged he has to "operate within the system" of selling a book.

Sanders has long been criticized for railing against capitalism while owning three houses and earning millions in recent years from his various ventures.

In a contentious Fox News town hall during the 2020 presidential cycle, Sanders defended himself against allegations of hypocrisy for making money off books that oppose capitalism. 

"This year, we had $560,000 in income," Sanders said. "In my and my wife's case, I wrote a pretty good book. It was a bestseller, sold all over the world, and we made money. If anyone thinks I should apologize for writing a bestselling book, I'm sorry, I'm not gonna do it."

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.