SECRETARY of Transport Pete Buttigieg’s net worth is humble compared to his political counterparts.
Historically, Buttigieg is the first openly gay cabinet member in US history.
What is Pete Buttigieg’s net worth?
Buttigieg is worth $100,000 according to Forbes.
“I actually live in a middle-class lifestyle, in a middle-class neighborhood, in the American Midwest,” he told CNBC in 2019.
Despite making a six-figure salary as the former mayor of South Bend, Buttigieg was one of the least wealthy presidential hopefuls of 2020.
Pete Buttigieg is the new US secretary of transportation[/caption]
Forbes reported that his earnings have “bounced up and down” over the past decade.
In 2010, he left his high-paying consulting job at McKinsey & Company to run full-time for treasurer of his home state of Indiana.
At the time, he went from a $150,000 salary to $34,000 according to his tax returns. After winning the Indiana mayoral race in 2012, he brought in $100,000 a year.
What will be Pete Buttigieg’s new role?
The 38-year-old Buttigieg took office as secretary of Joe Biden‘s Transportation Department on February 3.
Biden has compared Buttigieg to his late son, Beau.
“To me it’s the highest compliment I can give any man or woman. And, like Beau, he has a backbone like a ramrod,” Biden said in March.
Buttigieg speaks during a Senate Commerce, Science, and Transportation Committee confirmation hearing in Washington, DC[/caption]
“I promise you, over your lifetime, you’re going to end up seeing a hell of a lot more of Pete than you are of me.”
LGBTQ rights groups spoke out in praise of Biden’s selection.
“Pete’s nomination is a new milestone in a decades-long effort to ensure LGBTQ people are represented throughout our government – and its impact will reverberate well-beyond the department he will lead,” said Annise Parker, president and CEO of the LGBTQ Victory Institute.
Sen. Maria Cantwell, D-Wash., greets Transportation Secretary nominee Pete Buttigieg[/caption]
“It distances our nation from a troubled legacy of barring out LGBTQ people from government positions and moves us closer to the President-elect’s vision of a government that reflects America.
Who is Pete Buttigieg married to?
His memoir I Have Something to Tell You was released earlier this year.
In the book he writes at length about being sexually assaulted.
Democratic presidential candidate former South Bend, Ind., Mayor Pete Buttigieg, right, and his husband Chasten Buttigieg[/caption]
“In politics, you’re not supposed to open up about those things,” Buttigieg told USA Today earlier this year.
“It seems like people don’t share their vulnerabilities because if you were ever vulnerable or something happened to you, then somehow it makes you weak.
And I just don’t understand that and I don’t prescribe to that thinking.”
Most read in US News
He added: “I wanted to write my real story. And some of that was being really honest about what I thought, what I went through and what I experienced and navigated and some of it was heartbreaking.”
Chasten Glezman Buttigieg was born and raised in Traverse City, Michigan.
The 31-year-old Buttigieg has worked many jobs, most recently a middle school drama and humanities teacher.