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Toni Preckwinkle Net Worth 2020


Facts of Toni Preckwinkle

Full NameToni Lynn Preckwinkle
Birth CountryAmerica
Father NameSamuel Reed
Mother NameBeatrice Reed
Gender IdentityFemale
Marital StatusDivorced
Relation WithZeus Preckwinkle
No Of Children2
EducationUniversity of Chicago
Date of BirthMarch 17,1947
Age73 years

72-years-old politician Toni Preckwinkle is the present Cook County Board President in Cook County, Illinois, which makes her the first-ever woman to be elected in that position. She previously represented Chicago's 4th ward as their five-term alderman in the Chicago City Council.

Further, she is best known as the candidate for 2018's election for the Mayor of Chicago, as successor to Rahm Emanuel but eventually lost to Lori Lightfoot.

Toni Preckwinkle's Net Worth: $1 million - $5 million

Although Toni has been in politics for almost two decades there is no telling as to what net worth she has been holding. However, some review sites claim that she might be holding a small fortune that ranges from $1 million to $5 million. 

American politician, Toni Preckwinkle
Caption: Toni Preckwinkle

Image Source: Chicago Reader

According to the average salary of an American politician is calculated to be $174,000 per year.


For her  2019 Chicago Mayoral election campaign, Toni's colleague Alderman  Edward M. Burke forced Shoukat Dhanani to make an illegal donation of $10,000. After the matter came into light Toni forced Burke to resign and paid $100,000 raised by Burke.

Preckwinkle's Career

Before entering into politics Toni taught history in highschools like the Visitation School, Calumet High School, and Aquinas.

Toni Preckwinkle announced in January 2009 that she would be running for the President of the Cook County Board. She became the first woman candidate to be elected to the post of President at Cook County Board with 26% votes. 

She became the 4th Ward Democratic committeeman in 1992 and was re-elected in 1996, 2000, 2004 and 2008. She remained as the five-term alderman of Chicago's 4th ward in Chicago City Council.

The American politician announced on 20th Sep 2018, that she would be running for Mayor of Chicago and succeed Rahm Manuel but lost to Lori Lightfoot. During her campaign, Toni proposed that she would help increase Chicago's minimum wage to $15 per hour by the end of 2021.

Short Biography

She was born as Toni Lynn Preckwinkle on 17th March 1947 to parents Samuel Reed and Beatrice Reed. She is of American nationality and her ethnicity is African-American.

As a child, she attended local schools in St. Paul and graduated from Washington High School in 1965. Toni received her bachelor's degree and master's degree from the University of Chicago.

Toni Preckwinkle with Zeus Preckwinkle
Caption: Toni Preckwinkle with her ex-husband Zeus Preckwinkle

Image Source: Celebs Close Up

The 72-year-old politician is a divorcee and was previously engaged to Zeus Preckwinkle from 1969 till 2013. They have two children together, a son named Kyle Preckwinkle. The name of the second child is currently unknown.

Updated On Sun Nov 10 2019 Published On Sun Nov 10 2019 By BluePrince