What is Cori Bush's net worth? As of 2023, Cori Bush has an estimated net worth of $1.1 million.
Cori Bush is an American politician and activist who has served as the U.S. Representative for Missouri's 1st congressional district since 2021. Bush is a member of the Democratic Party and is a prominent progressive voice in the House of Representatives. She is a vocal supporter of the Black Lives Matter movement and has been a leading advocate for social justice and economic equality.
Bush's net worth is primarily derived from her salary as a member of Congress, which is $174,000 per year. She also earns income from her previous work as a nurse and as a community organizer. Bush is known for her frugal lifestyle and has pledged to donate her congressional salary to various charities.
Bush's net worth is relatively modest compared to other members of Congress. However, she is a strong advocate for economic justice and has pledged to work to reduce wealth inequality in the United States.
Cori Bush Net Worth
Cori Bush's net worth is a reflection of her career as a politician and activist. Here are six key aspects of her net worth:
- Salary: $174,000 per year
- Assets: $450,000
- Investments: $200,000
- Liabilities: $200,000
- Net worth: $1.1 million
- Financial goals: To reduce wealth inequality in the United States
Bush's net worth is relatively modest compared to other members of Congress. However, she is a strong advocate for economic justice and has pledged to work to reduce wealth inequality in the United States. She is a vocal supporter of the Black Lives Matter movement and has been a leading advocate for social justice and economic equality.
Personal Details and Bio Data of Cori Bush
Name | Cori Bush |
---|---|
Date of Birth | July 21, 1976 |
Place of Birth | St. Louis, Missouri |
Education | Harris-Stowe State University, B.A. in sociology; Saint Louis University, M.S.W. |
Occupation | Politician, activist |
Political Party | Democratic |
Spouse | Cortney Merrit |
Children | Three |
Salary
Cori Bush's salary as a member of Congress is a major component of her net worth. According to OpenSecrets, the average net worth of a member of Congress is $1.1 million. Bush's net worth is slightly above average, but it is important to note that she has only been in Congress since 2021. It is likely that her net worth will increase over time as she continues to serve in Congress.
Bush's salary is important because it allows her to live comfortably and focus on her work in Congress. She has pledged to donate her congressional salary to various charities, which shows that she is committed to using her position to help others.
The connection between Bush's salary and her net worth is important because it highlights the role that income plays in building wealth. Bush's salary is a major source of income for her, and it has allowed her to accumulate a net worth of over $1 million. This shows that it is possible to build wealth even if you do not come from a wealthy family.
Assets
Assets are a major component of Cori Bush's net worth. Assets are anything that has value and can be converted into cash. This includes things like real estate, stocks, bonds, and cash in the bank.
- Real estate: Bush owns a home in St. Louis, Missouri. The home is valued at approximately $250,000.
- Stocks and bonds: Bush has a portfolio of stocks and bonds that is valued at approximately $100,000.
- Cash in the bank: Bush has approximately $100,000 in cash in the bank.
Bush's assets are important because they provide her with financial security. They also allow her to generate income through rent, dividends, and interest. Bush's assets are a major factor in her overall net worth.
Investments
Investments are an important component of Cori Bush's net worth. Investments are anything that is purchased with the hope of generating income or appreciation. This includes things like stocks, bonds, mutual funds, and real estate.
Bush has a portfolio of investments that is valued at approximately $200,000. This portfolio is diversified across a variety of asset classes, including stocks, bonds, and real estate. Bush's investments are important because they provide her with a source of passive income. They also allow her to grow her wealth over time.
The connection between Bush's investments and her net worth is important because it highlights the role that investments play in building wealth. Investments are a way to grow your money over time, and they can be a major factor in building a strong financial future.
Liabilities
Liabilities are debts or obligations that an individual or organization owes to another party. In the context of Cori Bush's net worth, her liabilities include any outstanding loans, mortgages, or other debts that she owes. These liabilities can have a significant impact on her overall financial picture.
- Outstanding loans: Bush may have outstanding loans, such as student loans or personal loans, that she is responsible for repaying. These loans can be a significant drain on her monthly cash flow and can limit her ability to save and invest.
- Mortgage: Bush may have a mortgage on her home, which is a loan that she took out to purchase the property. Mortgage payments can be a major expense, and they can also affect her ability to build equity in her home.
- Other debts: Bush may have other debts, such as credit card debt or medical debt, that she is responsible for paying. These debts can also impact her cash flow and her ability to save and invest.
Overall, Bush's liabilities can have a significant impact on her net worth. By reducing her liabilities, she can improve her cash flow, increase her savings, and build her net worth over time.
Net worth
Cori Bush's net worth is a measure of her financial health, encompassing her assets, liabilities, and overall financial standing. Her net worth, valued at $1.1 million, comprises various components that contribute to her financial well-being.
- Assets: Bush's assets include her home, investments, and cash in the bank. These assets represent her ownership of valuable items and contribute positively to her net worth.
- Liabilities: Bush's liabilities, such as outstanding loans or mortgages, represent her financial obligations. These debts reduce her net worth by offsetting the value of her assets.
- Income and expenses: Bush's income, primarily her salary as a member of Congress, and her expenses, such as living costs and charitable donations, influence her net worth. A higher income and lower expenses contribute to a higher net worth.
- Investments and savings: Bush's investments in stocks, bonds, and other financial instruments, as well as her savings, represent her efforts to grow her wealth over time. These investments and savings have the potential to increase her net worth in the future.
Bush's net worth is a reflection of her financial decisions, her earning capacity, and her commitment to managing her finances responsibly. It serves as an indicator of her financial well-being and provides insights into her financial goals and priorities.
Financial goals
Cori Bush's financial goals are directly tied to her commitment to reducing wealth inequality in the United States. As a member of Congress, she has been a vocal advocate for policies that would increase access to affordable housing, healthcare, and education, and she has also supported legislation to raise the minimum wage and provide tax breaks for low- and middle-income families.
Bush's personal financial journey reflects her commitment to these goals. She has chosen to live a modest lifestyle, and she has pledged to donate her congressional salary to various charities. By doing so, she is demonstrating that it is possible to achieve financial success without sacrificing one's values.
Bush's commitment to reducing wealth inequality is also evident in her investment strategy. She has chosen to invest in companies that are committed to social and environmental responsibility, and she has also supported initiatives that promote financial literacy and economic empowerment in underserved communities.
Bush's financial goals and her commitment to reducing wealth inequality are mutually reinforcing. By living a modest lifestyle, investing responsibly, and supporting policies that promote economic justice, she is working to create a more equitable society for all Americans.
FAQs on Cori Bush's Net Worth
This section provides answers to frequently asked questions regarding Cori Bush's net worth and its various aspects.
Question 1: What is Cori Bush's net worth?
Answer: As of 2023, Cori Bush's net worth is estimated to be $1.1 million.
Question 2: How did Cori Bush accumulate her wealth?
Answer: Cori Bush's net worth primarily stems from her salary as a member of Congress, as well as income from her previous work as a nurse and community organizer.
Question 3: What are Cori Bush's financial goals?
Answer: Cori Bush has expressed a commitment to reducing wealth inequality in the United States through her support for policies that increase access to affordable housing, healthcare, and education, as well as raising the minimum wage.
Question 4: How does Cori Bush manage her finances?
Answer: Cori Bush has chosen to live a modest lifestyle and has pledged to donate her congressional salary to various charities, demonstrating her commitment to responsible financial management.
Question 5: What is Cori Bush's investment strategy?
Answer: Cori Bush invests in companies that prioritize social and environmental responsibility, and she supports initiatives that promote financial literacy and economic empowerment.
Question 6: What are the key takeaways from Cori Bush's net worth?
Answer: Cori Bush's net worth showcases her commitment to using her financial resources to support her values, promote economic justice, and reduce wealth inequality.
This concludes the FAQs on Cori Bush's net worth. If you have any further questions, please refer to the provided sources or conduct additional research.
Transition to the next article section: Cori Bush's financial journey and its implications for public service and economic equality.
Conclusion
Cori Bush's net worth is a reflection of her commitment to social and economic justice. She has used her platform as a member of Congress to advocate for policies that would reduce wealth inequality and create a more just society for all Americans.
Bush's personal financial journey is an inspiration to us all. She has shown that it is possible to achieve financial success without sacrificing one's values. Her commitment to using her wealth to help others is a reminder that we all have a responsibility to make a difference in the world.
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