Pete Buttigieg’s net worth is estimated at $500,000. This includes income from public service, book deals, and investments, as well as student loan liabilities. As U.S. Secretary of Transportation, Buttigieg earns a salary of $221,400 annually. Pete Buttigieg Net Worth
Estimated Net Worth: $500 Thousand
Annual Salary: $221 Thousand
Early Life and Education
Pete Buttigieg was born on January 19, 1982, in South Bend, Indiana. Raised by academic parents, Pete graduated as valedictorian of St. Joseph High School before attending Harvard University, where he majored in history and literature. He later became a Rhodes Scholar at Oxford University, earning a degree in philosophy, politics, and economics.
Buttigieg is a graduate of Harvard College and the University of Oxford, attending the latter on a Rhodes Scholarship. In 2007, he began three years of work at the management consulting firm McKinsey & Company. From 2009 to 2017, he was an intelligence officer in the United States Navy Reserve, attaining the rank of lieutenant. He was mobilized and deployed to the War in Afghanistan for seven months in 2014. Before being elected as mayor of South Bend in 2011, Buttigieg worked on the political campaigns of Democrats Jill Long Thompson, Joe Donnelly, and John Kerry, and ran unsuccessfully as the Democratic nominee for Indiana state treasurer in 2010. While serving as South Bend’s mayor, Buttigieg came out as gay in 2015. He married Chasten Glezman, a schoolteacher and writer, in June 2018. Buttigieg declined to seek a third term as mayor.
Professional and Military Career
Buttigieg began his career at McKinsey & Company, advising clients in energy, healthcare, and federal agencies. In 2009, he joined the U.S. Navy Reserve, and in 2014, he deployed to Afghanistan. While serving as a naval intelligence officer, he earned the Joint Service Commendation Medal.
Political Career
In 2011, Pete Buttigieg was elected mayor of South Bend, becoming the youngest mayor of a city with over 100,000 residents. He was re-elected in 2015 with over 80% of the vote.
Buttigieg gained national recognition during his 2020 Democratic presidential campaign, where he became the first openly gay person to win delegates in a U.S. presidential primary. In 2021, he was confirmed as U.S. Secretary of Transportation under President Joe Biden.
Financial Disclosures and Income
Buttigieg’s financial disclosure in 2019 revealed:
- $75,000 advance from his memoir
- $50,000 in Apple stock
- $15,000 in Google stock
- $100,000–$350,000 in student loan debt
As of the most recent filings, his combined net worth with husband Chasten Buttigieg ranges between $100,000 and $1 million.
Personal Life
Pete came out as gay in 2015 and married Chasten Glezman in 2018. The couple met on a dating app and live in a 2,500-square-foot home in South Bend, Indiana, purchased for $125,000 in 2009.
Buttigieg is known for his linguistic skills, speaking several languages including Norwegian, Spanish, Italian, and French.
Real Estate
Pete Buttigieg purchased his South Bend home out of foreclosure. The four-bedroom property has since appreciated in value and represents one of his few tangible assets.
Legacy and Public Image
Buttigieg has become a rising figure in the Democratic Party, praised for his intelligence, composure, and trailblazing status as an openly gay Cabinet member. His role as Secretary of Transportation places him at the center of America’s infrastructure modernization efforts.
