Chuck Schumer Net Worth
American senator and current majority leader Chuck Schumer is one of the wealthiest in the countryand his net worth is $69 million.Chuck Schumer brings in millions of dollars annually from his business holdings and his pay as a United States Senator.He has more than $12 million worth of investments in the stock market.
Chuck Schumer Bio and Career
|New York, United States
|72 years old
In 1950, Jewish Brooklyn welcomed the birth of young Charles Schumer. Selma stayed at home to raise their children, while Abraham ran a pest control company. He received his education in the Brooklyn public school system and in 1967 he graduated as valedictorian from James Madison High School. At Harvard, he studied first chemistry, then social studies. In 1974, Schumer earned his Juris Doctor from Harvard Law School. He was admitted to the bar, but he never actually practised law.
From 1974 to 1980, Schumer was a member of the New York State Assembly. Later, he succeeded in replacing Elizabeth Holtzman in the House of Representatives from California’s 16th district. After that, Schumer’s congressional district boundaries were redrawn, placing him in the 10th and 9th districts.
In the 1998 Democratic primary, Rep. Schumer won 51% of the vote. By a large margin (54% to 46%), he defeated three-term Republican incumbent Al D’Amato. With 71% of the vote, Schumer was re-elected in 2004.
From 2005 to 2009, Schumer presided over the Democratic Senate Campaign Committee. Six Senate seats were won by the Democrats in 2006 with the Committee’s assistance.
In 2016, Schumer made history by becoming the first Jew and first New Yorker to lead the Senate’s minority. Schumer succeeded Mitch McConnell as majority leader after Jon Ossoff and Raphael Warnock were sworn in.
Through his life and career, Schumer has consistently espoused both liberal and conservative views. He supports the rights of individuals to make their own reproductive choices, marriages between people of the same gender, tighter regulations on firearms, and the decriminalisation of marijuana. Assault Weapons Ban legislation was co-written by him and Dianne Feinstein in 1994. Schumer takes a less radical stance on the economics, supporting the deregulation of Wall Street that contributed to the financial crisis of 2008. He has criticised Obama’s plan to increase taxes on the wealthiest and called for lower taxes on private equity and hedge fund managers. Schumer backed the invasion of Iraq in 2003, despite his criticism of Bush’s Middle East policies.
Wife and Children
Chuck Schumer wed his longtime lover, Iris Weinshall, on September 21, 1980. Windows on the World, located on the 102nd floor of the World Trade Center’s North Tower, played host to the event. From 2000 to 2007, Weinshall served as the Commissioner of Transportation for the City of New York. Schumer and Weinshall own a home in the Park Slope area, close to the Grand Army Plaza.
Jessica and Alison Schumer, the couple’s daughters, followed in their father’s footsteps and earned degrees from Harvard. From May 2013 until August 2015, Jessica worked for the Council of Economic Advisers as head of staff and general counsel. Alison works at Facebook as a manager of marketing in New York. In 2018, Schumer became a grandfather when his daughter Jessica gave birth to a son.