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Bill de Blasio Net Worth 2020


Facts of Bill De Blasio

Full NameBill de Blasio
First NameBill
Last Namede Blasio
Birth NameWarren Wilhelm Jr.
Birth CityManhattan, New York City
Birth CountryUSA
Father NameWarren Wilhelm
Mother NameMaria Wilhelm
Gender IdentityMale
Sexual OrientationStraight
Marital StatusMarried
SpouseChirlane McCray
No Of Children2
Height196 cm
Networth$1.5 M
Date of BirthMay 8,1961
Age59 years
Married DateMay 14,1994

Bill de Blasio is the Mayor of New York City, his more than 30 years of contribution to New York City politics have been well documented. Recently he was also in the running of the 2020 presidential election but dropped out in September 2019.

He is a progressive democratic socialist and has endorsed Bernie Sanders for the elections. The former councilman is an outspoken Trump opposer and was trolled by the POTUS for dropping out of the 2020 presidential election.     

What Is The Net Worth Of Bill de Blasio In Election Year 2020?   

Described by many as being progressive before it was cool, Bill de Blasio is worth $1.5 million as of February 2020. He was worth $2.5 million in August 2019.

Bill de Blasio's net worth is $1.5 million in 2020
Bill de Blasio's net worth is $1.5 million in 2020

Source: CNN

As one of the most progressive leaders in American politics, Blasio has overseen development projects in New York City, which cost millions of dollars.   

Interesting Fact: Blasio also once settled a $41 million wrongful conviction lawsuit involving the Central Park 5 in the high profile Central Park jogger rape case. Trisha Meili was raped and almost beaten to death during her usual jog on 19 April 1989.

What Is The Salary Of Bill de Blasio?

The salary for the mayor’s position in New York City is around $258,750 per year in 2019. Similarly, in 2018 the mayor’s post offered him $254,392 salary. In 2017, he earned $220,188.  

The media outlet CCN has also reported that the mayor earns around $3,028 per hour.

He also earns by renting out two Park Slope homes for $4,450 per month in 2018. Politico reports that he and his wife earned $108,450 from rent in 2018.

Tax Returns  

The mayor’s position is one of the highest paying jobs in New York City; Bill de Blasio also pays very high taxes. 

In 2018, he paid $69,235 in taxes, which was an increment from the $60,896 he paid in 2017.

Charity And Philanthropic Policies

Blasio and his wife have been criticized for not doing as much charity as they should. In 2018, they gave out only $350 to charity. They increased their donations but not by much in 2019 to $1,050. 

Blasio and his family advocating gay rights at a parade
Blasio and his family advocating gay rights at a parade

Source: Daily Mail 

In addition to these donations, he has also made a lot of philanthropic policies to help the people of New York. He once revealed his plans to increase taxes on NYC residents whose yearly income exceeded $500,000 a year to make pre-kindergarten free for all.

Interesting: His wife, Chirlane McCray, was once criticized for failing to run the Mayor’s Fund to Advance the City of New York charity up to the expected standard.   

Bill de Blasio Has Two Park Slope Homes

The mayor has two homes in the bustling area of Park Slope, Brooklyn, New York, USA, that he rents out. The average price of a house in the area is $1,018,482 as per Zillow.  

He incurred a $6,000 loss on his homes in 2016 as per reports from Patch.

Did You Know: Blasio once demanded the Board of Elections of New York, to stop $12 million spendings from the city’s budget on black cars for politicians.

Why Is Bill de Blasio Hated?

Bill de Blasio became the mayor of NYC after winning with a 67 percent majority, but he has become a polarizing politician. He is one of the most progressive politicians in America and is a democratic socialist like Bernie Sanders.    

Some have mistaken his socialism as communism. This trend of calling socialist leaders communists in America has also bothered Bernie Sanders and Alexandria Ocasio-Cortez.

Short Biography

Bill de Blasio was born Warren Wilhelm Jr. on May 8, 1961, in Manhattan, New York City, the U.S. to Maria Wilhelm and Warren Wilhelm.     

Blasio and his wife Chirlane McCray on their wedding day
Blasio and his wife Chirlane McCray on their wedding day

Source: NY Daily News

He has brothers named Donald Wilhelm and Steven Wilhelm. He went to Cambridge Rindge and Latin School.    

After graduating from high school, he joined New York University and graduated with a Bachelor of Arts degree. 

He further pursued his education and got a Master of International Affairs degree from Columbia University's School of International and Public Affairs.    

He met his wife Chirlane McCray during his early political days and got married on May 14, 1994. The pair has two children, a son named Dante de Blasio and a daughter named Chiara de Blasio.    

Updated On Wed Jun 10 2020 Published On Wed Feb 26 2020 By Hendrix