Chuck Schumer Net Worth, Source of Income and Bio
Chuck Schumer Biography
Charles Ellis Schumer, known as Chuck Schumer, was born on November 23, 1950, in Brooklyn, New York.
PROFILE SUMMARY
- Full name: Charles Ellis Schumer
- Other Names: Chuck Schumer
- Date of birth: November 23, 1950
- Age: 73 Years
- Gender: Male
- Place of birth: Brooklyn, New York
- Nationality: American
- Profession: Politician
- Parents: Abraham & Selma Schumer
- Spouse: Iris Weinshall
- Children: 2
- Net worth: $70 million
Early Life
Chuck Schumer’s parents were Abraham Schumer, who ran an exterminating business, and Selma, a homemaker. Raised in a Jewish family, Schumer attended public schools in Brooklyn and graduated as the valedictorian of James Madison High School. He scored a perfect 1600 on the SAT.
Education
Schumer attended Harvard College, where he initially pursued studies in Chemistry before shifting to Social Studies after working in Eugene McCarthy’s 1968 Presidential campaign. He graduated magna cum laude in 1971. He then attended Harvard Law School, earning his Juris Doctor with honors in 1974. Although Schumer passed the New York State Bar exam in 1975, he chose not to pursue a legal career.
Career
In 1974, Schumer was elected to the New York State Assembly, becoming the youngest assembly member since Theodore Roosevelt. He served three terms from 1975 to 1980. In 1980, Schumer successfully ran for the U.S. House of Representatives, where he served from 1981 to 1999. During his years in the House, he became known as a leader of the liberal wing of the Democratic Party and as a highly effective advocate of legislation combating violent crime.
In 1998, Schumer was elected to the U.S. Senate, defeating Republican incumbent Al D’Amato. He has been victorious in every successive senatorial election since then. Schumer has made it a hallmark of his career to protect the middle class and those working to reach it. He has visited each of New York’s 62 counties every year, a promise he made in the first year itself.
Schumer served as the Senate’s minority leader from 2017 to 2021 before becoming majority leader in 2021. He is the first New Yorker and also the first Jewish person to hold the position of a Senate leader. Schumer is known for his focus on issues related to middle-class people and is also known as one of the best fundraisers in the Senate.
Personal Life
Schumer is married to Iris Weinshall. They have two children, Alison Emma Schumer and Jessica Emily Schumer. Schumer still lives in Brooklyn with his wife, Iris Weinshall, near their two daughters, Jessica and Alison, and his first grandson, Noah.
Awards
Schumer has received several awards and honors throughout his career. He was honored with the Frederick D. Patterson Award by the United Negro College Fund for his tremendous support around Historically Black Colleges and Universities. He was also honored at the 2023 GRAMMYs on the Hill Awards for his contributions to supporting music creators.
Net Worth & Source Of Income
Schumer’s net worth is estimated to be approximately $70 million. His main source of income is his political career, apart from which he may have other businesses. As a senator, his salary totals $170,000 per year before taxes. Schumer made early investments in Apple, BP, Verizon, and Pepsi Co. These investments have continued to grow in value over the years, making up the bulk of his net worth. He has also invested in several properties, specifically 13 high-value homes across the country.
