2020 candidate Amy Klobuchar just released 12 years of tax returns here's how she makes and spen

Publish date: 2024-08-29

Sen. Amy Klobuchar of Minnesota is running for president in 2020. She recently released 12 years of her tax returns.

A number of 2020 candidates including Sens. Elizabeth, Kamala Harris, and Kirsten Gillibrand have also released their tax returns as part of their commitment to financial transparency, which reveals details about their financial lives.

Klobuchar's tax returns and recent Senate financial disclosures reveal that while she's certainly financially comfortable, she's not as extravagantly wealthy as some other 2020 candidates.

In 2015, the Center for Responsive Politics estimated that Klobuchar's approximate net worth was around $1.2 in 2015, slightly below the median for US Senators.

Klobuchar's main income source is her government salary, but she also receives some royalties from her 2015 memoir "The Senator Next Door," published the University of Minnesota Press.

Here's everything we know about how Klobuchar makes and spends her money:

Klobuchars 2018 returns revealed she earned $380,000 in 2018 and paid $62,000 in federal taxes.

Reuters/Jim Young

Klobuchar earns an annual salary of $174,000 as a senator, and also receives royalties from her 2015 memoir "The Senator Next Door."

AP Photo/Michael Wyke

According to her 2017 financial disclosures, Klobuchar and her husband also hold investments in a number of mutual funds, stocks, and bonds.

AP Photo/Wilfredo Lee

In 2016, the Center for Responsive Politics estimated that Klobuchars net worth was between $708,000 and $1.6 million, a little below the median for US senators.

(AP Photo/Hannah Foslien, File)

Klobuchar, who is best known for her relentless work ethic and low-profile approach, lives a relatively modest lifestyle. Her financial disclosure didnt list any liabilities or major asset transfers.

Jack Plunkett/Invision/AP

Her 2018 returns show she and her husband John Bessler donated about 1.9% of their income to charity.

AP Photo/Jim Mone

We dont know much about Klobuchars major assets, other than that she owns a home at the heart of downtown Minneapolis Marcy-Holmes neighborhood.

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SEE ALSO: Amy Klobuchar is running for president in 2020. Here's everything we know about the candidate and how she stacks up against the competition.

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