Charles Rangel Net Worth (Updated 2026).
Charles Rangel, born in 1930, began his career in public service at a young age. After serving in the Korean War, he returned home and earned a law degree from St. John’s University. He then started his political career as a New York State Assemblyman in 1967, representing Harlem. Rangel’s dedication to his community and his ability to connect with his constituents quickly made him a prominent figure in local politics.
In 1971, Rangel took a significant step in his career when he was elected to the U.S. House of Representatives, becoming the first African American from New York to serve in Congress. He represented the 15th District, which encompassed parts of Harlem and the Bronx, for over four decades. Rangel’s influence grew as he served on various committees, including the powerful Ways and Means Committee, where he eventually became the first African American chairman. His work on issues like education, health care, and civil rights brought him national recognition and contributed to his lasting fame.
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Charles Rangel’s Current Net Worth (2025)
As of 2025, Charles Rangel’s current net worth is estimated to be around $1.5 million. This figure is based on the latest available information and takes into account his career in politics, investments, and other ventures.
Career
Charles Rangel, a prominent American politician, served in the U.S. House of Representatives for over 40 years. He represented New York’s 15th congressional district from 1971 to 2017. During his tenure, he held various positions, including the chairmanship of the House Ways and Means Committee. Rangel was also a key figure in the passage of the Affordable Care Act.
Other Ventures
After retiring from politics, Rangel has been involved in various other ventures. He has worked as a senior advisor at the law firm of Olshan Frome Wolosky LLP. He has also served as a distinguished professor at several universities, including the City University of New York and the Dillard University in New Orleans.
Assets
Rangel’s assets include properties in New York City and Washington D.C. He also has investments in various financial markets. His primary residence is a co-op apartment in Manhattan, which he has owned since the 1970s. He also owns a home in St. Croix, U.S. Virgin Islands.
Annual Income
As a retired politician, Rangel’s annual income primarily comes from his pension and his work as a senior advisor and professor. His pension from his time in Congress is estimated to be around $100,000 per year. His income from his other ventures can vary, but it’s estimated to be in the range of $200,000 to $300,000 per year.
Frequently Asked Questions about Charles Rangel
**Frequently Asked Questions: Charles Rangel Net Worth**
1. What is Charles Rangel’s net worth?
Charles Rangel’s net worth is estimated to be around $500,000.
2. How did Charles Rangel make his money?
Charles Rangel made his money primarily through his career in politics. He served in the U.S. House of Representatives for over four decades.
3. What was Charles Rangel’s salary as a congressman?
As a congressman, Charles Rangel’s annual salary was $174,000.
4. Does Charles Rangel have any other sources of income?
Yes, Charles Rangel has also earned income from teaching and legal work. He has taught at several universities and has worked as a lawyer.
5. What are some of Charles Rangel’s most notable achievements?
Some of Charles Rangel’s most notable achievements include his work on the Civil Rights Act of 1964 and his chairmanship of the House Ways and Means Committee.
6. What is Charles Rangel’s political affiliation?
Charles Rangel is a Democrat.
7. When did Charles Rangel retire from politics?
Charles Rangel retired from politics in 2017.
8. What is Charles Rangel’s educational background?
Charles Rangel earned a Bachelor of Science degree from New York University and a Juris Doctor degree from St. John’s University School of Law.
9. Has Charles Rangel written any books?
Yes, Charles Rangel has written a memoir titled “And I Haven’t Had a Bad Day Since.”
10. What is Charles Rangel’s age?
Charles Rangel was born on June 11, 1930, making him 92 years old.
