Curious about Pete Buttigieg’s net worth? As a key political figure and Secretary of Transportation, his wealth and financial journey are of great interest.
In this article, we’ll break down his salary, financial status, and more, offering a clear picture of his current wealth.
Pete Buttigieg Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Peter Paul Montgomery Buttigieg |
| Popular Name | Pete Buttigieg |
| Birth Date | January 19, 1982 |
| Age | 43 (as of 03/13/2025) |
| Birthplace | South Bend, Indiana, U.S. |
| Nationality | American |
| Ethnicity | Maltese-American |
| Education | Pembroke College (2007), Harvard College (2004), University of Oxford, Saint Joseph High School |
| Marital Status | Married |
| Spouse | Chasten Buttigieg (m. 2018) |
| Children | 2 |
| Dating | N/A |
| Siblings | None (Only Child) |
| Parents | Joseph Buttigieg, Jennifer Anne Montgomery |
| Height | 1.73 meters |
| Net Worth | $500,000 |
| Source of Wealth | Government Salary, Book Deals, Investments |
What is the Net Worth of Pete Buttigieg in 2025?
Pete Buttigieg’s net worth is estimated at $500,000 as of 2025.
As the Secretary of Transportation under President Joe Biden, Buttigieg’s wealth primarily comes from his political career, consulting work, and book sales.
Compared to other political figures, Buttigieg’s financial standing is modest yet notable. His net worth puts him within the range of other prominent political figures, although it is far less than that of some of the wealthiest celebrities in Washington, D.C.
Some public figures in a similar sphere include:
- Joe Biden
- Chasten Buttigieg
- Barack Obama
- Kamala Harris
- Elizabeth Warren
- John Kerry
- Michelle Obama
- Hillary Clinton
For more on wealth in the political and celebrity spheres, check out this list of the wealthiest figures.
Pete Buttigieg Wealth, Salary and Financial Overview
What is Pete Buttigieg’s Salary as Secretary of Transportation?
As the Secretary of Transportation, Pete Buttigieg currently earns a salary of $221,400 per year.
This position, part of President Biden’s cabinet, places Buttigieg in the top echelons of U.S. public servants. When comparing this to other high-ranking government officials, Buttigieg’s salary is competitive, aligning with other cabinet members but not as high as salaries in the private sector or some political roles within Congress.
This salary is part of a broader financial landscape, where Buttigieg also benefits from public speaking, consulting, and book deals. The pay scale for Cabinet-level positions, including his, is defined by U.S. federal law, ensuring fairness and transparency in government compensation.
What Are Pete Buttigieg’s Other Sources of Income?
In addition to his government salary, Buttigieg has earned significant income from book deals. His memoir, which received a $75,000 advance, has likely earned more from sales since its release. Buttigieg’s career as a public figure has opened doors for lucrative speaking engagements and opportunities to appear in various media outlets.
Buttigieg’s consulting background at McKinsey & Company also contributed to his financial standing before he entered politics. While serving as a consultant, he worked with clients across various sectors, including government agencies, which would have added to his wealth accumulation.
Furthermore, Buttigieg and his husband, Chasten, own shares in major companies like Apple and Google. These investments not only reflect their savvy approach to personal finance but also their interest in long-term wealth growth.
Pete Buttigieg’s Financial Disclosures and Investments
Pete Buttigieg’s financial disclosures show that he and his husband have investments in tech companies, specifically Apple and Google, with combined stock holdings valued between $50,000 and $15,000, respectively.
These investments have performed well over the years, boosting their overall financial standing.
Beyond investments, Pete and Chasten Buttigieg’s personal assets include real estate, particularly their home in South Bend, which was purchased in 2009 for $125,000. This property has appreciated over time, reflecting Buttigieg’s thoughtful approach to wealth-building through asset ownership.
Pete Buttigieg’s Debt and Financial Responsibilities
Despite his success, Buttigieg is not without financial obligations. He has disclosed student loan debt ranging from $100,000 to $350,000. This debt is set to be paid off over the next 25 years, which is a common financial responsibility among those who pursued higher education, especially for individuals with advanced degrees.
This debt does not overshadow Buttigieg’s overall financial health but is a noteworthy part of his financial profile. Managing this debt alongside his earnings from public office and investments will likely continue to shape his financial future.
What Real Estate Does Pete Buttigieg Own?
Pete Buttigieg and his husband Chasten purchased a 2,500 square-foot home in South Bend, Indiana, for $125,000 in 2009. This property has grown in value, and while the exact current valuation is unknown, it’s likely worth much more today due to the market changes in the area. Real estate investments like this show a strategic approach to building wealth outside of traditional stocks and bonds.
Conclusion
Pete Buttigieg has established himself as a prominent political figure, with a noteworthy salary and a solid financial foundation.
His wealth is a combination of his political career, book deals, and investments. Interested in learning more about celebrity finances? Visit AndoMoney to explore detailed reports on famous figures’ net worth, wealth, and financial journeys.
