Cory Booker Net Worth (Updated 2025).

Cory Booker’s journey to prominence began in his hometown of Newark, New Jersey, where he was raised in a middle-class family and developed a passion for public service at an early age. After graduating from Stanford University with a degree in political science, Booker went on to earn a law degree from Yale University, where he also served as the editor-in-chief of the Yale Law Journal. Following his legal education, Booker returned to Newark and worked as a tenant lawyer, representing low-income residents and advocating for their rights.

Booker’s commitment to community service and social justice issues catapulted him into the public eye in 1998 when he was elected to the Newark City Council at the age of 29. His council work was marked by his dedication to improving the city’s schools and advocating for better housing conditions. In 2002, Booker made history by becoming Newark’s youngest mayor in over a century, a position he held for seven years. It was during his tenure as mayor that Booker gained national recognition for his innovative approaches to urban governance, including using social media to connect with constituents and implementing data-driven strategies to tackle crime and improve city services.

Cory Booker’s Current Net Worth (2025)

As of 2025, Cory Booker’s estimated net worth is $5 million, according to Forbes. This figure is based on his political career and various business ventures.

Career

Cory Booker, born in 1969, is an American politician and former mayor of Newark, New Jersey. He served as the 36th Mayor of Newark from 2006 to 2013, and then as a United States Senator for New Jersey from 2013 to 2021. He is also a prominent activist and author, known for his work in urban revitalization and social justice.

Other Ventures

In addition to his political career, Booker has been involved in various entrepreneurial ventures. He co-founded a non-profit organization, Newark Now, which focuses on community development. He has also written two books, “United: Thoughts on Finding Common Ground and Advancing the Common Good” and “The New Newark: Peopling the City of Tomorrow.”

Assets

Booker’s assets include real estate properties in New Jersey and Washington D.C., valued at around $2 million. He also has investments in various mutual funds and retirement accounts, totaling approximately $1.5 million. His personal residence in Newark is estimated to be worth around $400,000.

Annual Income

As a U.S. Senator, Cory Booker’s annual salary was $174,000. However, his income has varied over the years due to his other ventures. In 2014, for instance, he reported an annual income of over $300,000, primarily from his book sales and speaking engagements. His income from his political career and other ventures has contributed significantly to his overall net worth.

Frequently Asked Questions about  Cory Booker

Frequently Asked Questions: Cory Booker Net Worth

1. What is Cory Booker’s net worth?

Cory Booker’s net worth is estimated to be around $5 million.

2. How did Cory Booker make his money?

Cory Booker made his money primarily through his political career, serving as the Mayor of Newark, New Jersey, and later as a U.S. Senator. He also earns income from book deals and speaking engagements.

3. What is Cory Booker’s salary as a U.S. Senator?

As a U.S. Senator, Cory Booker earns an annual salary of $174,000.

4. How much money did Cory Booker have when he first ran for office?

When Cory Booker first ran for mayor of Newark in 2002, he had an estimated net worth of around $250,000.

5. What are some of Cory Booker’s most valuable assets?

Some of Cory Booker’s most valuable assets include his homes in Newark and Washington D.C., as well as his investment portfolio.

6. Does Cory Booker have any business ventures outside of politics?

Cory Booker does not have any known business ventures outside of politics.

7. How much money did Cory Booker spend on his U.S. Senate campaign?

Cory Booker spent a total of $11.5 million on his 2013 U.S. Senate campaign.

8. What is Cory Booker’s political affiliation?

Cory Booker is a member of the Democratic Party.

9. What is Cory Booker’s educational background?

Cory Booker earned a Bachelor’s degree from Stanford University, a Master’s degree in City Planning from the University of Oxford, and a Juris Doctor degree from Yale Law School.

10. What are some of Cory Booker’s most notable political achievements?

Some of Cory Booker’s most notable political achievements include his role in the passage of the 2018 Farm Bill, which included provisions to legalize hemp, and his sponsorship of the Marijuana Justice Act, which aims to decriminalize marijuana at the federal level.