Wondering how much is the net worth of Rick Santorum? Well, check out Rick Santorum’s net worth, charity works and a lot more.
Rick Santorum, an American politician affiliated to the Republican Party wears several hats to his personality including those of an attorney, Author and Political Commentator. Richard John Santorum was born on May 10, 1958 in Winchester, Virginia, United States.
As a member of the Republican Party, Santorum was the US Senator from Pennsylvania between 1995 and 2007, serving continuously for two terms. He was also the third-ranking Republican of the Senate between 2001 and 2007.
How much is the net worth of Rick Santorum?
Rick Santorum has a net worth of $5 million in December 2021. He is an American politician affiliated to the Republican Party and also a political commentator.
In 2012, Rick Santorum ran for the Republican Party’s Presidential nomination and ended up second to Mitt Romney. In January 2017, CNN absorbed him into its team as a senior political commentator. In 2021, CNN terminated his contract on account of his comments on Native Americans, which were considered dismissive.
Following his senate tenures, Santorum offered his services as a consultant, news contributor and private political lawyer. Rick Santorum makes an impressive sum of money from his political career. Here is an overview of Rick Santorum’s net worth, how he makes and spends his money.
Rick Santorum Net Worth: Quick Summary
| Name | Rick Santorum (Richard John Santorum) |
| Date of Birth | May 10, 1958 |
| Place of birth | Winchester, Virginia, United States |
| Professional roles | Attorney, Author, American Politician, Political commentator |
| Religion | Roman Catholic |
| Wealth source | Politics |
| Net worth in 2021 | $5 million |
Net Worth of Rick Santorum
Rick Santorum’s net worth in 2021 is $5 million. His earnings ensued from his career in politics, as an attorney and as a commentator in the media.
Rick Santorum has his master’s degree in business administration from the University of Pittsburgh. He has also earned a J.D. from the Dickinson School of Law.
Rick’s career started as an attorney and he got elected to the House of Representatives before making a move into politics.
In 2012 and 2016, Rick Santorum was nominated by the Republican Party as a presidential candidate.
Once he departed from the senate, Rick Santorum assumed different career roles as an attorney, consultant and new contributor.
Social and Political Achievements of Rick Santorum
In the US senate, Rick represented Pennsylvania between 1995 and 2007. He entered the senate in 1994 during the Republican takeover when he defeated Harris Wofford by a thin margin of 2% votes.
His reelection happened in 2000 when he defeated Ron Klink, the US Congressman by a 6% margin. After entering the senate, Santorum said he would practice what he preached and appointed five people under him to take care of the departments of food stamps, welfare, and governmental aids.
In 2003, Rick founded the Congressional Working Group on Religious Freedom to discuss on some politically and socially important issues and make recommendations with regard to tax exemption status for Churches, Anti-Semitism, Workplace Religious Freedom, International Religious Freedom and the CARE Act.
He was also a strong supporter of responsible tax and spending politics during his tenure as the US senator.
During the 2012 Presidential Election, the Republican Party nominated him. He far exceeded the expectations and won 11 primaries and caucuses landing on a total number of 4 million votes, which made him the runner up to Mitt Romney.
Once again he showed interest in contesting 2016 elections, but withdrew from the campaign on account of a poor turnout of Iowa caucuses
As a Roman Catholic by religion and a social conservative in terms of ideology, Santorum strongly opposes abortion and marriage between same sex partners. During his senate membership, he projected himself as a cultural warrior.
During his term as the senator, Rick Santorum authored a book titled ‘Santorum Amendment’ to promote the teachings of Intelligent Design. In 2003, he strongly supported the 2003 federal law called as the Partial-Birth Abortion Ban Act.
Why CNN Parted Ways with Rick Santorum
While addressing the gathering for a conservative youth organization, Rick made a comment on Native Americans, “We birthed a nation from nothing. I mean, there was nothing here.
I mean, yes we have Native Americans but candidly there isn’t much Native American culture in American culture.” These comments triggered a bout of backlash in the media.
His further explanation stated, “It was born of the people who came here pursuing religious liberty to practice their faith, to live as they ought to live, and have the freedom to do so.
Religious liberty. Those are the two bulwarks of America. Faith and freedom”, was met with accusations that he was only whitewashing the atrocities against the Natives of the country on account of his remarks.
He too added, “Other countries, such as Italy, Greece, Turkey and China had changed over time, the United States had not. We came here and created a blank slate.” Protestors raged furious demonstrations against him demanding the CNN terminate him over his remarks.
CNN reacted only a few weeks later stating, “A decision to drop him became concrete after he made a “non-apology” on Cuomo Prime Time.” Addressing during the program, Santorum observed that he actually “misspoke” and his comments were lifted “out of context”, but was not seen apologizing.
How Rick Santorum Spends His Money?
Rick served as a senator and Congressman, however, found his multifaceted career in the private sector highly lucrative. Having earned from his political career and a variety of jobs, Rick has amassed a huge wealth at his disposal. How he spends his money is elaborated here.
In August 2007, Rick Santorum purchased a five acre property in Great Falls, suburb of Washington, Virginia, and the price was $2 million. He currently resides in this home with his family. Though his car collection is not known in detail, he owns Chevrolet Camaro and Range Rover in addition to a lavish Mercedes Benz.
A significant portion of his earnings are found tied up in real estate holdings. He has also invested in education and savings plans for his children.
Santorum also has some debts on his name including the mortgages of two rental properties that total between $350,000 and $750,000. These two properties are located in State College, Pa., and they are worth somewhere between $500,000 and $1.25 million.
How Much Santorum Gives to Charity?
As per the data gathered from tax returns, Rick Santorum has given away less than 2.2% of his earnings over the past four years. Between 2007 and 2009, the percentage of his charitable contributions fluctuated between 2.03% and 2.67% of his total earnings.
In 2010, there was a sharp drop in his contributions with the charity works valued at 1.76% of his earnings. In the same year, media information reveals that Barack Obama gave away 14.2% of his income and Mitt Romney gave away 13.8% of his income to charity with Newt Gingrich contributing about 2.6% of his earnings.
Data received from the Congressional Budget Office and IRS reveal that taxpayers making an income over $500,000 are seen donating over 3.4% of their income on an average to charity.
Talking about the percentage of income Rick gave away to charity, the president and CEO of Charity Navigator Ken Berger said, “His donation level is on the low side when you put it in the context of people of faith, then it really is on the low side.” Ken Berger notes that religious individuals are usually seen donating more than those that are non-religious.
Summary