Dick Durbin Net Worth 2024 and Salary: Dick Durbin, the Senate Majority Whip and senior United States Senator from Illinois since 1997, earns an annual salary of $193,400 with documented investments of $207,610 in various sectors, $10,800 in finance/insurance/real estate, and $3,830 in health sectors as of latest financial disclosures through OpenSecrets.
Dick Durbin Net Worth
Key Facts About Dick Durbin
- Senator Dick Durbin maintains his position as Senate Majority Whip, earning $193,400 annually.
- Financial records show investments of $207,610 in various sectors as of 2015.
- Additional holdings include $10,800 in finance/insurance/real estate and $3,830 in health sectors.
- His primary residence remains in Springfield, Illinois.
- Recent hip replacement surgery occurred in June 2024.
- Currently serves as the senior United States Senator from Illinois since 1997.
What Are Dick Durbin’s Financial Holdings?
According to OpenSecrets data, Dick Durbin’s financial portfolio shows smart diversification. He has $207,610 in various sectors, $10,800 in finance, and $3,830 in health as of 2015.
How Does Dick Durbin Generate Income?
Durbin earns from his Senate role and investments. His income comes from:
- Senate leadership position compensation
- Investment returns from his financial portfolio
- Property ownership in Springfield
- Previous earnings from his law practice
What Is Dick Durbin’s Professional Background?
Richard Joseph Durbin started his career in law in Springfield. He co-owned the Crow’s Mill Pub from 1976 to 1981. He also worked as legal counsel to Lieutenant Governor Paul Simon and the Illinois State Senate Judiciary Committee.
How Has Dick Durbin’s Financial Position Evolved?
During the 2007-2008 financial crisis, Durbin made smart investment moves. He sold mutual fund shares worth $42,696 and invested with Warren Buffett after a meeting with leaders on September 18, 2008.
What Property Does Dick Durbin Own?
The Senator owns a home in Springfield, Illinois. The exact value is not public, but his ties to Springfield are strong.
What Recent Financial Updates Exist?
In June 2024, Durbin had hip replacement surgery. He still works as Senate Majority Whip, leading and managing his duties.
What Potential Conflicts of Interest Have Been Noted?
Loretta Durbin’s lobbying work raised questions. The couple said they took steps to avoid conflicts. Their financial interests are publicly disclosed.
How Does Durbin’s Position Influence Financial Policy?
As Senate Majority Whip, Durbin impacts financial laws. His views on banking and consumer protection show his priorities, like the Protecting Consumers from Unreasonable Credit Rates Act in 2009.
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What Are The Latest News Updates About Dick Durbin?
In December 2024, Durbin made headlines for his critical response to CNN reporter Manu Raju regarding congressional pay raises. The Senator, at age 80, strongly criticized Robert F. Kennedy Jr.’s vaccine statements on December 19, 2024, calling them “shocking.”
Durbin recently faced public attention when tennis legend Martina Navratilova challenged his stance on transgender athletes in NCAA sports. His ongoing involvement in confirming Trump cabinet nominees and judicial nominations shows his continued influence in key Senate processes.
This overview reflects verified information from official sources and documented records of Dick Durbin’s career in public service. His role as a senior Senate leader requires transparency in financial disclosures and ethical considerations.
