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Bernie Sanders Made More Than $858k in Book Royalties Last Year, And He’s Keeping it

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  • Bernie Sanders Made More Than $858k in Book Royalties Last Year, And He’s Keeping it

    "Bernie Sanders made more than $858,000 in royalties for two new books last year, according to the 2016 financial disclosure the senator quietly filed on Sunday.

    And he’s keeping the money.

    The disclosure provides new insight into how Sanders’ presidential campaign affected his own personal finances. It was due on May 15, but Sanders failed to file, instead seeking an extension. The book royalties were the most noteworthy new source of income Sanders reported in the election-year filings.

    Most of that money, $795,000, comes from Our Revolution: A Future To Believe In, a book Sanders wrote for St. Martin’s Press. Published on Nov. 15, the book included Sanders’ account of the 2016 election. Hardcover copies sold for $27—the average amount contributed to Sanders’ presidential campaign.

    Sanders also made 14 stops on a book tour to promote Our Revolution, receiving reimbursement from the publisher for airfare, ground transportation, lodging and meals, the financial disclosure says.

    In addition, Sanders received $63,750 in royalties for a book that hasn’t yet hit the shelves: The Bernie Sanders Guide to Political Revolution. The book seeks to help its teenage audience “learn more about progressive causes and how to mobilize around key issues they care about,” Teen Vogue recently wrote. Its publication date is Aug. 29, 2017.

    The financial disclosure also shows that Bernie and his wife, Jane O’Meara Sanders, created a trust fund, Islands Family Trust, when they bought a $600,000, four-bedroom summer home in Vermont last August. The property includes 500 feet of shorefront access to Lake Champlain.

    Sanders has also paid off some of his debt since 2015, the new financial disclosure shows. Back then, the senator reported Visa credit-card debt as high as $50,000– a liability no longer listed on his 2016 financial disclosure.

    Sanders also appears to have paid down the mortgages for other properties; the 2015 financial disclosure reported that Sanders owed up to $1 million for two mortgages, but in 2016, that number dropped to $750,000. On Senate disclosures, politicians report their personal financial liabilities in a wide range instead of listing an exact figure, so the precise amount Sanders still owes is unclear."

    Source, full article:
    https://heatst.com/politics/bernie-s...ies-last-year/

    Three houses, almost a million $ per year income, and nothing to charity.

    But he's fighting for the little guy, doe.

  • #2
    old jewish guy makes alot of money, more news at 11

    Comment


    • #3
      Spreading the wealth for thee, just not for me!

      Comment


      • #4
        Isn't that what your supposed to do with money til something alters the paradigm of money? Well I mean besides buying shiny stuff obviously.

        Comment


        • #5
          Conservative idea of charity = give your own money and time to try to help out of good will
          Liberal idea of charity = use force of law to make everyone give, but attempt to carve yourself out as an elite exception. Profit from it.

          Comment


          • #6
            Originally posted by GriffTannen View Post
            old jewish guy makes alot of money, more news at 11

            Comment

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