Bernie Sanders has raked in more than $1million in income for the second year in a row.
The Vermont senator, 76, made nearly $1.06million in 2017 thanks to massive advances and royalties.
The royalties and side jobs earned the Independent politician $885,767 in addition to his $174,000 Senate service income, according to a May financial disclosure report.
He first hit the million mark in 2016 following his lucrative book deal for Our Revolution, a book on his failed presidential campaign, VTDigger reported.
Bernie Sanders has earned more than $1million for the second year in a row, earning $1.06million in 2017 according to a May financial disclosure report
$885,767 of the 76-year-old’s income came from royalties and advances on book deals in 2017
He first hit the million mark in 2016 after publishing book Our Revolution following Trump’s election and is due to release another book later this year
Sanders is now officially part of the one per cent, a group he has long slammed for creating economic inequality.
The junior senator has long been a harsh critic of millionaires and billionaires and a defender of the working class, and for many years his income was one of the lowest in Congress.
In 2014 he earned little more than his congressional salary and reported $330,000 in assets.
However he claims his newfound million-dollar wealth does not undermine his fight against wealth inequality.
Sanders’ senior political adviser Jeff Weaver said such a claim would be ‘ridiculous’.
‘Bernie Sanders continues to fight for working class people across this country so I think it’s a pretty ridiculous question,’ he said in an interview with VTDigger.
Despite being a harsh critic of wealth inequality, Sanders is now a part of the one per cent, pictured above on Capitol Hill in January
It is not clear if the Vermont senator will donate some of his wealth, as he has in past years, pictured above greeting students during the national walk out against gun violence in March
The millionaire owns including a retreat in Lake Champlain with wife Jane O’Meara Sanders
Weaver did not comment on whether Sanders will donate a portion of his wealth to charity, as he did in 2014 donating four per cent to nonprofit organizations.
Sanders himself has founded two nonprofits in 2016 – political organization Our Revolution and The Sanders Institute, a think tank co-founded by his wife Jane O’Meara Sanders and his stepson.
As for his 2017 income, $505,000 came from advance against royalties from publisher Macmillan – St. Martin’s Press, which is also set to publish a book by the senator later this year.
$306,000 in royalties also came from the aforementioned publishing house for his bestseller Our Revolution, which was released a week after Trump was elected into office.
The Vermont senator disclosed a total of six royalty agreements, including book projects from 1990 and a spoken-word folk music album recorded back in 1987.
Sanders’ Lake Champlain islands estate that he purchased in 2016 pictured above
Sanders also bought this 1 bedroom, 896-square-foot home in Washington, DC for $488,999 in 2007
His family home in Burlington, Vermont, where he splits his time with DC, pictured above in 2016
Sanders owns three homes, which includes a retreat in the Lake Champlain islands near Vermont.
In 2016 he purchased the $575,000 North Hero summer home and faced accusations of hypocrisy from critics.
‘Bernie is a homeowner in Vermont. After 16 years of renting in DC he took the radical step of buying a small row house. And like many Vermonters he and Jane have a camp on Lake Champlain,’ Sanders said.
Also in the 2017 he lists two mortgages, one on a property with a value between $100,001 and $250,000, and another between $250,001 and $500,000.
In comparison, Senator Patrick Leahy did not report any addition earned income in 2016 or 2017.