Pete Buttigieg has built a remarkable career in politics, serving as the U.S. Secretary of Transportation and the former Mayor of South Bend.
But how much does he earn, and what are his financial assets?
Understanding Pete Buttigieg net worth gives insight into his salary, investments, and financial decisions. Let’s take a closer look at his wealth and how it compares to other political figures.
Pete Buttigieg Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Peter Paul Montgomery Buttigieg |
| Popular Name | Pete Buttigieg |
| Birth Date | January 19, 1982 |
| Age | 43 (as of 03/13/2025) |
| Birthplace | South Bend, Indiana, U.S. |
| Nationality | American |
| Ethnicity | Maltese-American |
| Education | Pembroke College (2007), Harvard College (2004), University of Oxford, Saint Joseph High School |
| Marital Status | Married |
| Spouse | Chasten Buttigieg (m. 2018) |
| Children | 2 |
| Dating | N/A |
| Siblings | None (Only Child) |
| Parents | Joseph Buttigieg, Jennifer Anne Montgomery |
| Height | 1.73 meters |
| Net Worth | $500,000 |
| Source of Wealth | Government Salary, Book Deals, Investments |
What is the Net Worth Of Pete Buttigieg in 2025?
Pete Buttigieg’s net worth in 2025 is $500,000. His wealth primarily comes from his $221,400 annual salary as the U.S. Secretary of Transportation, book earnings, and stock investments.
Compared to other government officials and politicians, his net worth is relatively modest.
For instance, Joe Biden has a significantly higher financial portfolio, while Kamala Harris and Elizabeth Warren have accumulated more substantial assets through legal and political careers.
Related People
- Joe Biden
- Kamala Harris
- Bernie Sanders
- Barack Obama
- Elizabeth Warren
- Amy Klobuchar
- Cory Booker
- Andrew Yang
- Beto O’Rourke
- Pete Ricketts
For more insights into high-profile figures, explore the wealthiest public figures and how they compare.
Pete Buttigieg Wealth, Salary and Financial Overview
How Much Does He Earn as a Government Official?
Pete Buttigieg currently earns a $221,400 annual salary as the U.S. Secretary of Transportation. Before this, he made $149,000 per year as the Mayor of South Bend.
Compared to other Cabinet members, his salary is similar, as most high-ranking officials in the Biden administration receive comparable compensation.
What Are His Main Sources of Income?
Apart from his government salary, Pete Buttigieg has multiple revenue streams:
- Book Deals: His book advance brought in $75,000, adding to his earnings.
- Investments: He holds Apple stock (up to $50,000) and Google stock (up to $15,000).
- Speaking Engagements: While he has not disclosed major speaking fees, former presidential candidates often earn from lectures and guest appearances.
What Are His Financial Disclosures and Assets?
According to financial disclosures, Pete Buttigieg’s primary assets include:
- Stock investments in major companies like Apple and Google.
- Real estate: He purchased a home in South Bend for $125,000 in 2009, which has since increased in value.
- Savings and Retirement Accounts: While not fully detailed, government officials often have retirement funds from federal service.
Does He Have Any Debts or Liabilities?
Despite his political success, Pete Buttigieg carries a significant amount of student loan debt ranging from $100,000 to $350,000. This places him in a financial position different from wealthier politicians who have cleared debts or accumulated vast fortunes.
His real estate mortgage and other financial responsibilities also contribute to his liabilities, making his financial profile more relatable to the average American.
How Does He Manage His Wealth?
Buttigieg is known for his pragmatic financial approach. While he has investments in tech stocks, his financial disclosures suggest he is not involved in high-risk ventures.
- Moderate Spending Habits: Unlike wealthier politicians, his lifestyle does not indicate lavish expenses.
- Philanthropic Contributions: Buttigieg and his husband, Chasten, have supported LGBTQ+ causes and community programs.
- Future Earnings Potential: After his political career, he could see increased earnings through book deals and speaking engagements, much like Barack Obama or Hillary Clinton.
Conclusion
Pete Buttigieg’s financial journey is unique among political figures. While his net worth is not as high as some of his peers, his steady government salary, book earnings, and investments make him financially stable.
What do you think about his financial standing? Share your thoughts in the comments below or explore more insights at Pennbook.
