Mayor Bill De Blasio Net Worth – Here’s How Rich He Is!

Bill De Blasio served as the 109th mayor of the city of New York. He’s under the Democratic wing and has a long history of political affiliations. As a politician, many are wondering about Mayor Bill De Blasio net worth. According to records, the former New York City mayor has a fortune of around $3 million. This is mostly sourced from his salary as a city mayor and campaign manager for other politicians.

Read on to know more about Bill De Blasio’s personal life, career, net worth, and more.

Who is Bill De Blasio?

Photo Credits – Wikimedia Commons

Warren Wilhelm Jr. or Bill De Blasio was born on May 8, 1961. He later changed his name to Warren de Blasio-Wilhelm. Eventually, he settled with the name Bill De Blasio in 2001 as he felt more connected to his maternal family.

His parents are Maria Angela Blasio and his father is Warren Wilhelm. Bill has two brothers named Donald and Steven. Overall, Bill’s family has long been working for the government as his paternal uncle Donald George Wilhelm used to be part of the Central Intelligence Agency.

Moreover, Bill was born in Manhattan but they moved to Cambridge, Massachusetts where he was raised. In college, he attended New York University and then Columbia University. In 1981, Bill became a Harry S. Truman Scholar.

During his early years, Bill didn’t attend any church. This is because his mother decided to drop her Roman Catholic roots. Up to this day, Bill describes himself as “spiritual but not religious”.

While Bill’s life seems to be at a good start, his family faced a tragedy. When he was 18, Bill’s father committed suicide after suffering from an incurable type of lung cancer.

Bill De Blasio personal life

Bill De Blasio is married to Chirlane McCray. McCray is an activist and poet, who played a key role during his husband’s term as NYC mayor.

The couple met while working under Mayor David Dinkins. Eventually, they wed in 1994 and now share two children named Chiara and Dante.

Moreover, De Blasio’s daughter Chiara fought substance abuse due to depression. It was revealed right before her father took office as a mayor.

Bill De Blasio’s career

De Blasio has a long career in politics, both as a campaign manager and politician himself. He first worked for the New York City Department of Juvenile Justice as part of the Urban Fellows Program in 1984. After graduating from Columbia in 1987, Bill became a political organizer in Maryland.

By 1988, Bill was tasked to travel to Nicaragua to help distribute aid during the Nicaragua Revolution. After that, Bill decided to move to New York to start working for an NGO that aims to improve health care in Central America.

Moreover, Bill got his hands into politics in 1989 when he became a volunteer for Mayor David Dinkins’ campaign. When Dinkins won, Bill became a city hall aide.n

Due to this excellent work in Dinkins’ campaign, Bill was hired to become U.S. Congressman Charles Rangel’s campaign manager in 1994. By 1997, Bill is already appointed to the U.S. Department of Housing and Urban Development as a regional director.

In 2000, Bill became Hillary Clinton’s campaign manager during her successful bid to become a U.S. senator.

Entering politics

The turning point of Bill’s career happened in 2001 when he ran and won for the New York City Council. He was eventually reelected for the position in 2002.

In 2009, Bill vied for the NYC Public Advocate position and was inaugurated as the city’s third public advocate in 2010.

By 2013, Bill De Blasio announced his mayoralty candidacy. He won and got reelected in 2017 after defeating fellow candidate Nicole Malliotakis by a wide margin.

During his term as NYC mayor, Bill had a combative and strained relationship with the NYPD. He ultimately oppose the police’s ‘stop and frisk’ policy, which was also the highlight of his campaign.

Before his term as mayor ended, Bill announced his presidential candidacy for the 2020 elections. But like Pete Buttigieg and Beto O’Rourke, his initial campaign didn’t gain traction. So in September 2019, Bill decided to drop his candidacy. The following year, Bill backed Bennie Sanders.

Mayor Bill De Blasio net worth

Bill De Blasio sourced most of his income from his job as a mayor. As NYC mayor, Bill received an annual salary of $260,000, which is much higher than other mayors in the country.

Aside from that, Bill and his wife own two homes that are estimated to be worth $3.5 million. He is renting out the two properties, wherein he reportedly received $108,450 in rental income in 2018 alone.

According to Bill’s 2019 tax records, he donated a humble amount of $1,050 to charity. And despite his criticisms of the tax system, Bill only paid $9,000 in property taxes. He took advantage of a special treatment applied to old properties.

As for Bill’s wife, it’s not known if she’s earning a consistent salary. Chirlane’s job is listed as a writer, but it’s not known how much she’s earning from it.

But considering the couple has rental homes, Bill’s family is far from broke despite his mayoralty term coming to an end.

Frequently Asked Questions

Q: What is Bill De Blasio’s approval rating?

A: Before the end of his term as a mayor, Bill De Blasio’s approval rate saw a massive decline. He had a meager 37% approval rate according to the Spectrum News polls. De Blasio’s approval rating significantly dropped from 2020 towards the end of his term.

Q: How long was Bill De Blasio a mayor?

A: Bill De Blasio served as NYC mayor from 2014 to 2021. This is consistent with the two consecutive term limits for U.S. mayors. If De Blasio didn’t seek reelection, he could have served multiple terms in the future.

Q: Is Bill De Blasio rich?

A: According to records, Bill De Blasio has a $3 million fortune, which qualifies him within the affluent range. This is a combination of his earnings from his job in politics as well as two rental homes where they receive regular payments.

Final words

Mayor Bill De Blasio net worth is estimated to be around $3 million. Even though his term as a mayor ended, the NYC politician is far from broke. He and his wife owns rental properties and he will surely continue to have political roles in the future.

(Featured Image Photo Credits – Wikimedia Commons)

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