Dick Durbin Net Worth: How Rich is the Illinois Senator?
Dick Durbin is an American politician and lawyer who has been serving as the senior United States senator from Illinois since 1997.
He is also the Senate majority whip, the second-highest ranking position among the Senate Democrats.
Dick Durbin’s Net Worth
As of 2023, Dick Durbin has an estimated net worth of $4 million, according to Wealthy Persons.
Durbin’s net worth is mostly derived from his investments in fixed-income and equity securities, as well as his salary as a senator.
According to his financial disclosure reports, he owns several mutual funds, bonds, stocks, and retirement accounts that are valued between $970,749 and $1,719,7422.
He also has a mortgage on his home in Springfield, Illinois, which is worth between $250,001 and $500,0002.
Dick Durbin Annual Salary
Durbin earns an annual salary of $193,400 as a senator, which is the same for all senators except for the majority and minority leaders and the president pro tempore, who earn $223,5003.
Durbin also receives additional income from book royalties and honoraria.
In 2020, he reported receiving $15,000 from Simon & Schuster for his memoir “The American Dream:
From an Illinois Farm to the United States Senate” and $2,000 from the University of Chicago for a speech.
Dick Durbin Net Worth: A Comparison to Other Senators
Durbin’s net worth is comparable to some of his fellow senators, such as:
- Tammy Duckworth ($500,000)
- Chuck Schumer ($900,000)
- Mitch McConnell ($34 million)
However, he is far from being the richest senator in the country.
That title belongs to Mark Warner of Virginia, who has an estimated net worth of $214 million.
Durbin’s net worth reflects his long and successful career in politics and law.
He graduated from Georgetown University with a bachelor’s degree in foreign service and a law degree.
He worked as a legal counsel for various state officials and agencies before being elected to the U.S. House of Representatives in 1982.
He served seven terms in the House before winning a Senate seat in 1996.
He has been reelected five times since then, most recently in 2020 with 54.5% of the vote.
Durbin is known for his leadership roles and his advocacy on various issues, such as:
- health care
- immigration
- education
- civil rights
- gun control
- environmental protection
He is also the dean of the Illinois congressional delegation and a founding member of the Illinois Women’s Institute for Leadership.
Dick Durbin Wife
Durbin is married to Loretta Schaefer Durbin since 1967.
They have three children: Christine (deceased), Paul, and Jennifer.
They also have six grandchildren.
Durbin is a Roman Catholic and lives in Springfield.
Conclusion
Dick Durbin is one of the most influential and respected senators in the United States.
He has a net worth of $4 million, which he accumulated from his investments and his salary as a senator.
He has been serving Illinois and the nation for over four decades with dedication and integrity.
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