Elizabeth Warren Disclosure Forms Show $300,000 Book Advance, Other Assets

[brooklynite]

Source: New York Times

Senator Elizabeth Warren, the Massachusetts Democrat running for president, received a $300,000 book advance for her latest book, “This Fight is Our Fight,” according to financial disclosure forms filed with federal elections officials on Tuesday.

Other than the book advance, the forms paint a similar picture of Ms. Warren’s finances as her previous publicly available financial statements. While the senator has shaped her political brand around fighting unrestrained capitalism and reining in wealth inequality, she remains fairly wealthy herself: Her combined assets with her husband, reported through a variety of ordinary investment accounts, range between about $4 million and $11 million. Ms. Warren has between $500,000 and $1 million in a real estate investment.

The documents also showed Ms. Warren retained her title as “emeritus professor” at Harvard Law School, where she was a professor before entering public office. Ms. Warren reported no debts.

Ms. Warren’s personal wealth places her well behind several other senators in terms of personal wealth, though Roll Call ranked her as the 69th wealthiest member of Congress a year ago.

Read more: https://www.nytimes.com/2019/02/05/us/politics/elizabeth-warren-net-worth.html?smid=tw-nytpolitics&smtyp=cur

[keithbvadu2]

1. The largest book advance will be for KellyAnne after she is done with Trump.

The largest book advance will be for KellyAnne after she is done with Trump.

Her loyalty goes with the flow of money and public fame.

That was obvious when she was anti-Trump for Cruz and then solidly pro-Trump.

[YOHABLO]

4. Oh you know that one is coming.

[flyingfysh]

2. that does not seem unusual for best-seller books

I think it was Samuel Johnson who said "No man but a blockhead ever wrote a book, but for money."

There are other people in politics who have much more money than she does. I see no problem there.

[AdamGG]

3. Warren doesn't advocate against people becoming successful

The right always jumps on the "limosine liberal" thing whenever anyone on the left has money. Favoring higher marginal tax rates and a wealth tax of a few percent wealth tax doesn't mean that there still won't be rich people. The right conveniently forgets what the tax rates were when Eisenhower was President.