Politics & Government
Report: Booker Has Made Millions Since the Late 1990s
Mayor earned income from former law firm, speaking engagements and other sources
Mayor Cory Booker has earned more than $4 million since 1998, earning income from speaking engagements, his partnership in a law firm and other sources, NJ.com reported. He has paid about $1 million in taxes and reportedly donated more than half a million to charity.
Booker has earned more than $1.3 million in speaking engagements, many at colleges and universities, where he earned between $10,000 and $40,000 per appearance, NJ.com reported. In the previous two years alone, he made more than $750,000 from appearances. Booker has also voluntarily taken a pay cut on his mayoral salary, to $124,000 annually from nearly $150,000.
Booker also has a stake in the online company Waywire he co-founded worth an estimated $1 to $5 million.
Find out what's happening in Newarkwith free, real-time updates from Patch.
Booker is a candidate for US Senate and is running in a special election next month. He is favored to beat his Republican challenger, Steve Lonegan. Booker has challenged Lonegan to release his financial information to reporters as Booker has done.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
