Who is Elizabeth Warren and what is her net worth?
DEMOCRAT Elizabeth Warren has been the senator of Massachusetts since 2013.
Warren, 72, was a strong candidate in the 2020 Democratic Party presidential primaries.
Who is Elizabeth Warren?
Born June 22, 1949, Warren is a politician and former law professor at several prestigious law schools, specializing in bankruptcy law.
A graduate of the University of Houston and Rutgers Law School, she taught at universities such as the University of Houston, the University of Texas at Austin, the University of Pennsylvania, and Harvard University.
Warren was one of the most influential professors of bankruptcy law before beginning her career in politics.
She has written eleven books and more than 100 articles.
Warren got started in public policies in 1995 when she worked to oppose what eventually became a 2005 act restricting bankruptcy access for individuals.
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She served as chair of the Congressional Oversight Panel of the Troubled Asset Relief Program, and she proposed and established the Consumer Financial Protection Bureau, for which she served as the first special advisor under President Barack Obama.
In 2012, Warren defeated incumbent Republican Scott Brown and became the first female US senator from Massachusetts.
During her ran in the 2020 presidential election, she was highly considered the front-runner for the Democratic nomination in late 2019, but support for her campaign slowly declined.
She officially withdrew from the race on March 5, 2020.
What is her net worth?
Warren has a net worth of $12million, according to .
However, the tax would not apply to people whose net worth is below $50million.
The bill's sponsors estimate that it would raise $2.75trillion in tax revenue over a ten-year period.
While the bill is favored by most Americans, it failed to pick up enough steam in Congress to pass.
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