As one of the most talked-about figures, Rahm Emanuel has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.

What is Rahm Emanuel's Net Worth and Salary?

Rahm Emanuel was born Rahm Israel Emanuel on November 29, 1959, in Chicago, Illinois. His father, Benjamin, was a pediatrician at Michael Reese Hospital, and his mother, Marsha, briefly owned a Chicago rock and roll club called the Daisy Patch. Rahm grew up in a Jewish household with older brother Ezekiel, younger brother Ari Emanuel, and younger sister Shoshana (who was adopted as a newborn after her biological mother brought her to Michael Reese Hospital, intending to give her away).

Rahm's brotherAri Emanuelis a Hollywood super-agent who serves as the co-CEO of William Morris Endeavor-IMG. Ari was the inspiration for theJeremy Pivencharacter Ari Gold on HBO's "Entourage".

Rahm was on paid retainer at investment bank Goldman Sachs while he was working on Clinton's presidential campaign, and in 1998, he resigned from the Clinton administration and began working at a different investment bank, Wasserstein Perella. In 2000, President Clinton named Emanuel to Freddie Mac's Board of Directors, but he resigned from the board the following year to focus on running for Congress. Rahm defeated Republican Mark Augusti and began serving in the U.S. House of Representatives on January 3, 2003. He was soon named to the House Financial Services Committee and became the chairman of the Democratic Congressional Campaign Committee chairman after Bob Matsui passed away in early 2005. Emanuel kept the position until January 2007, then served as Chair of the House Democratic Caucus from January 3, 2007, to January 2, 2009, which was his last day as a congressman.

Rahm attended Bernard Zell Anshe Emet Day School, Locust Junior High School, Romona School, and New Trier High School, and he went to summer camp in Israel, along with his brothers. Rahm took ballet lessons at The Joel Hall Dance Center and Evanston School of Ballet, and though he was offered a scholarship to the Joffrey Ballet, he decided to enroll at Sarah Lawrence College instead. He served on the Sarah Lawrence Student Senate and graduated with a Bachelor of Arts in Liberal Arts in 1981. In 1985, Emanuel earned a Master of Arts in Speech and Communication from Northwestern University. As a teenager, Rahm accidentally cut the middle finger of his right hand on a meat slicer; it got infected after he went swimming in Lake Michigan, resulting in the partial amputation of his finger.

Rahm was named White House Chief of Staff for the Obama administration on November 6, 2008, and he served from January 20, 2009, to October 1, 2010. A 2009 article in "The New York Times" called Emanuel "perhaps the most influential chief of staff of a generation." Rahm initially opposed Obama's plan for the Affordable Care Act and suggested a smaller health care plan, but he later said that he was glad Obama didn't listen to him. Emanuel left his position as Chief of Staff in September 2010 and entered Chicago's mayoral race.

Emanuel's political career began with Illinois Public Action, a consumer rights and public interest organization. In 1984, he worked for DemocratPaul Simonduring his Senate campaign, and four years later, he was the Democratic Congressional Campaign Committee's national campaign director. In 1989, Rahm worked on Richard M. Daley's Chicago mayoral campaign as chief fundraiser and senior advisor. He then joined Bill Clinton's presidential primary campaign as the director of the finance committee, helping Clinton raise $72 million. From 1993 to 1998, Emanuel served as one of Clinton's senior advisors at the White House; he started out as Assistant to the President for Political Affairs, then became Senior Advisor to the President for Policy and Strategy.

Rahm Emanuel is an American politician who has a net worth of $14 million. According to the last financial disclosure released by Rahm, his assets were worth between $6 and $17 million. In a given year, he earns $150,00 – $500,000 from salary, dividends, speaking fees, and capital gains.

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Emanuel worked on the Chicago congressional campaign forDavid Robinson, where he earned a reputation for tenacious fundraising, and went on to hold several more political positions, including U.S. Representative and White House Chief of Staff (for PresidentBarack Obama). Emanuel's fundraising abilities helped win him a job as Director of Finance forBill Clinton'spresidential campaign in 1992. In January 2007, the new Democratic majority elected Emanuel to serve as chair of the Democratic Caucus—the fourth-highest ranking member of House Democratic leadership. On September 30, 2010, Emanuel left his post as chief of staff to President Obama to run for Mayor of Chicago. On February 22, 2011, Emanuel was elected the 55th mayor of Chicago, and he served until May 20, 2019.

In summary, the total wealth of Rahm Emanuel reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.