David Paterson, born on May 20, 1954, in New York City, began his political career at a young age. He served as a New York State Senator from 1985 to 2006, representing the 29th district in Harlem, where he was raised. Paterson’s rise to prominence started when he was elected as the Senate Minority Leader in 1999, becoming the first African American to hold this position in New York State history.

**

David Paterson’s Net Worth in 2025

**

As of 2025, David Paterson’s net worth is estimated to be around $50 million, according to the latest available information.

**

Career

**

David Paterson, a Democrat, served as the 55th Governor of New York from 2008 to 2010. Prior to his governorship, he was the Lieutenant Governor of New York from 2007 to 2008. Paterson also served in the New York State Senate from 1985 to 2006, representing the 29th District.

**

Other Ventures

**

After leaving politics, Paterson has been involved in various ventures. He is a managing partner at the law firm Patterson Belknap Webb & Tyler LLP. He also hosts a weekly radio show, “The David Paterson Show,” on WOR Radio in New York.

**

Assets

**

Paterson’s assets include properties in New York. He owns a home in Albany, the state capital, and another in the Bronx. He also has investments in various financial markets, contributing to his net worth.

**

Annual Income

**

Paterson’s annual income is not publicly disclosed. However, as a managing partner at his law firm and a radio host, his income is likely to be substantial. His salary as Governor of New York was $179,000 per year.

Frequently Asked Questions about  David Paterson

David Paterson Net Worth

David Paterson’s net worth is estimated to be around $50 million.

What is David Paterson’s source of wealth?

David Paterson’s wealth primarily comes from his career as a politician and a lawyer. He served as the 55th Governor of New York from 2008 to 2010 and was also a New York State Senator from 1985 to 2006.

How old is David Paterson?

David Paterson was born on May 15, 1954, making him 68 years old.

Where was David Paterson born?

David Paterson was born in Brooklyn, New York.

Is David Paterson married?

Yes, David Paterson is married to Michelle Paige Paterson. They have two daughters together.

What is David Paterson’s political affiliation?

David Paterson is a member of the Democratic Party.

What are some of David Paterson’s notable achievements?

David Paterson is known for being the first African American and the first legally blind person to serve as Governor of New York. He also played a significant role in passing legislation to legalize same-sex marriage in New York.

What happened to David Paterson’s eyesight?

David Paterson was born with severe vision impairment. He has been legally blind since birth.

What did David Paterson do after his governorship?

After his governorship, David Paterson returned to his law practice and also worked as a radio host. He currently serves as the Director of External Affairs at the State University of New York.

Does David Paterson have any siblings?

Yes, David Paterson has a sister named Donna. She is a former New York State Assemblywoman.