How democratic presidential hopeful Elizabeth Warren built a $12 million fortune:
She and her husband, Bruce Mann, both longtime law professors, hold much of their wealth in retirement accounts. Their TIAA and CREF accounts—available to educators and nonprofit employees—are worth at least $4 million. They also own two homes: a $3 million Victorian in Cambridge, Massachusetts, and an $800,000 condo in Washington, D.C.
Over the next 20 years, she worked at five more universities, ultimately ending up at Harvard in 1995. Warren didn’t spend all her time in the lecture hall. In May, her campaign released a list of dozens of corporate cases, dating back to 1985, where she served as a consultant, mediator, writer of amicus briefs or expert witness. She also published books on bankruptcy law and the middle class throughout the 1990s and 2000s.
Warren’s early financial disclosures also provide insight into the type of payments she received consulting on legal cases over the years. For example, she was paid more than $200,000 between 2008 and 2010 for working with Travelers Insurance on a case related to damages sought by asbestos victims, which landed in the Supreme Court. Warren also disclosed a $90,000 payment for serving as an expert witness on behalf of the law firm Kenny Nachwalter in 2010.
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