Cory Booker is a well-known political figure with a career spanning from Mayor of Newark to U.S. Senator.
His financial success comes from multiple income sources, including his Senate salary, book royalties, and public speaking engagements.
But how much does he actually earn? Let’s break down his wealth, salary, and financial assets in 2025.
Cory Booker Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Cory Anthony Booker |
| Popular Name | Cory Booker |
| Birth Date | April 27, 1969 |
| Age | 55 (As of 02/24/2025) |
| Birthplace | Washington, D.C., U.S. |
| Nationality | American |
| Ethnicity | African-American (Sierra Leonean ancestry) |
| Education | Stanford University (BA, MA), Queen’s College, Oxford (MA), Yale Law School (JD) |
| Marital Status | Unmarried |
| Spouse | N/A |
| Children | None |
| Dating | Previously linked with Cleo Wade, Rosario Dawson |
| Siblings | N/A |
| Parents | Carolyn Rose (née Jordan), Cary Alfred Booker |
| Height | 1.91 meters |
| Net Worth (2025 Estimated) | $3 million |
| Source of Wealth | Politics, book royalties, speaking engagements |
What is the Net Worth of Cory Booker in 2025?
As of 2025, Cory Booker’s net worth is estimated at $3 million. His wealth primarily comes from his Senate salary, book earnings, and public speaking engagements.
Compared to other politicians, his net worth is moderate. For instance, Bernie Sanders and Elizabeth Warren have higher financial standings, while others in public service remain in a similar range.
Here are some notable figures related to Cory Booker:
- Bernie Sanders
- Elizabeth Warren
- Barack Obama
- Kamala Harris
- Joe Biden
- Ras Baraka (Mayor of Newark)
- Chuck Schumer
- RuPaul (cousin)
- Mark Zuckerberg (philanthropy connection)
- Jeff Sessions (political opposition)
Looking at the bigger picture, Booker’s finances place him among wealthy public figures, but not at the highest level.
Cory Booker Wealth, Salary, and Financial Overview
How Much Does He Earn as a U.S. Senator?
Cory Booker earns a Senate salary of $174,000 per year, in line with other U.S. senators. While this salary is substantial, it is far less than what he has earned from book sales and speaking engagements.
What Are His Sources of Income?
Booker’s income comes from various sources:
- Senate Salary – $174,000 per year
- Book Royalties – Over $1 million earned from United
- Public Speaking Fees – More than $2 million in total
- Investments – Brokerage accounts worth $550,000
- Real Estate – Owns a townhouse in Newark
How Has He Built His Wealth Over the Years?
Before entering politics, Booker worked as a lawyer and community advocate. His first political role as a Newark City Council member didn’t bring substantial earnings, but his career took off when he became the Mayor of Newark in 2006.
His mayoral salary was modest, but his financial success grew with book deals and high-profile speaking engagements. By the time he joined the U.S. Senate in 2013, he had already built a strong financial foundation.
How Much Does He Earn from Book Sales?
Booker’s book United was a bestseller, bringing him over $1 million in royalties. Key earnings from book sales include:
- 2015: $400,000 in book royalties
- 2016: $325,000 in book royalties
Book royalties remain a consistent source of income, though his primary focus is on politics.
What Are His Speaking Fees and Earnings?
Booker is a sought-after public speaker. His earnings from speaking engagements total over $2 million before taxes.
Notable speaking engagements:
- Various keynote addresses
- University commencement speeches
- Corporate and nonprofit events
What Are His Financial Assets and Investments?
Booker has reported $550,000 in brokerage accounts, with additional investments in mutual funds and stocks.
How Much Has He Paid in Taxes?
Between 1998 and 2013, he earned $4 million and paid over $1 million in taxes. His tax payments reflect a commitment to financial transparency.
How Much Has He Donated to Charity?
Booker has donated more than $400,000 to various causes, focusing on education, social justice, and economic equality.
Does He Own Any Real Estate?
Yes, Booker owns a townhouse in Newark, NJ. Previously, he lived in:
- Brick Towers (affordable housing complex)
- A three-story rental in Newark’s South Ward
His home in Newark aligns with his long-standing commitment to the city.
What Is His Overall Financial Outlook?
Cory Booker’s financial future looks stable. While he has not pursued significant business ventures, his political career, book sales, and speaking engagements ensure a steady income.
Conclusion
Cory Booker’s financial journey reflects his dedication to public service and social change.
While he isn’t among the wealthiest politicians, his income sources keep him financially secure. Want to explore more? Check out AndoMoney for more financial breakdowns of public figures!
