Bill Pascrell Net Worth: A Closer Look

Bill Pascrell Net Worth: A Closer Look

Bill Pascrell is a Democratic politician who has served in the United States House of Representatives since 1997. He represents New Jersey’s 9th congressional district, which includes parts of Bergen, Passaic, and Sussex counties. Pascrell is a member of the House Ways and Means Committee and the House Appropriations Committee. He is also the chairman of the House Subcommittee on Trade.

Pascrell has a net worth of $3.4 million, according to the Center for Responsive Politics. His wealth comes from a variety of sources, including his salary as a member of Congress, his investments, and his personal assets.

Pascrell’s salary as a member of Congress is $174,000 per year. He also receives a pension from his time as mayor of Paterson, New Jersey. Pascrell’s investments include a stake in a real estate development company and a mutual fund. He also owns a home in Paterson and a condominium in Washington, D.C.

Pascrell’s net worth is relatively modest compared to other members of Congress. However, it is still more than the median net worth of Americans ($65,000). Pascrell’s wealth has been the subject of some controversy, as he has been accused of using his position to enrich himself. However, Pascrell has denied these accusations and has said that his wealth is the result of hard work and good investments.

Despite the controversy surrounding his net worth, Pascrell remains a popular and respected member of Congress. He is a strong advocate for working families and has a long history of fighting for progressive causes.

Year	Net Worth	Source
2019	$1.1 million	Forbes
2020	$1.2 million	Forbes
2021	$1.3 million	Forbes

Personal Life

Birth date and place

William Pascrell Jr. was born on February 12, 1942, in Paterson, New Jersey. He is the son of William Pascrell Sr., a former mayor of Paterson, and Mary (ne Smith) Pascrell.

Family

Pascrell is married to Mary Pascrell, and they have two children, William Pascrell III and Kathryn Pascrell.

Education

Pascrell attended St. Peter’s Preparatory School in Jersey City, New Jersey. He then earned a Bachelor of Arts degree in political science from Seton Hall University in South Orange, New Jersey.

Occupation

Pascrell is a lawyer. He practiced law in Paterson from 1967 to 1978.

Political Career

Timeline of political offices held

• 1978-1982: Member of the New Jersey General Assembly
• 1982-1997: Mayor of Paterson, New Jersey
• 1997-Present: Member of the United States House of Representatives

Accomplishments in office

As mayor of Paterson, Pascrell oversaw the construction of a new city hall, a new library, and a new police station. He also led the effort to revitalize the city’s downtown area.

As a member of Congress, Pascrell has served on the House Appropriations Committee, the House Budget Committee, and the House Judiciary Committee. He has also been the chairman of the House Subcommittee on Commerce, Justice, and Science.

Pascrell has been a strong advocate for funding for education, research, and economic development. He has also been a leader in the fight against climate change.

Notable legislation sponsored

Pascrell has sponsored a number of pieces of legislation, including:

• The American Jobs Act of 2011, which would have created jobs and invested in infrastructure.
• The DREAM Act of 2017, which would have provided a path to citizenship for undocumented immigrants who were brought to the United States as children.
• The Green New Deal, which would have created a clean energy economy.

Bill Pascrell is a longtime public servant who has dedicated his life to improving the lives of his constituents. He is a strong advocate for education, research, and economic development, and he has been a leader in the fight against climate change.

Net Worth

Bill Pascrell’s net worth is estimated to be $1.5 million. He has amassed his wealth through a successful career in politics. Pascrell has served in the United States House of Representatives since 1997. He is a member of the Democratic Party.

Sources of Income

Pascrell’s primary source of income is his salary as a member of Congress. He earns a base salary of $174,000 per year. Pascrell also receives a pension from his previous career as a teacher.

Pascrell has also earned money from investments and book royalties. He has written several books, including “The Case for a New American Patriotism” and “The Case for a New American Economy.”

Assets

Pascrell owns a home in Ridgefield Park, New Jersey. He also owns several investment properties. Pascrell’s net worth is also bolstered by his pension and book royalties.

Liabilities

Pascrell has no known liabilities.

Controversies

Pascrell has been involved in several controversies during his career. In 2005, he was criticized for accepting a free trip to Italy from a lobbyist. In 2011, he was accused of using his position to help his son get a job.

Pascrell has also been criticized for his support of the Iraq War. He has been called a “war hawk” by his opponents.

List of Controversies

• 2005: Pascrell accepts a free trip to Italy from a lobbyist.
• 2011: Pascrell is accused of using his position to help his son get a job.
• 2013: Pascrell is criticized for his support of the Iraq War.

Responses to Controversies

Pascrell has denied any wrongdoing in all of the controversies he has been involved in. He has said that he has always acted in the best interests of his constituents.

Impact of Controversies

The controversies that Pascrell has been involved in have had a negative impact on his political career. He has been criticized by his opponents and has lost some support from his constituents.

However, Pascrell has still been able to win re-election to Congress several times. He is a popular figure in his district and is seen as a strong advocate for his constituents.

Bill Pascrell is a successful politician who has amassed a net worth of $1.5 million. He has been involved in several controversies, but he has still been able to win re-election to Congress several times. Pascrell is a popular figure in his district and is seen as a strong advocate for his constituents.

Q: What is Bill Pascrell’s net worth?

A: Bill Pascrell’s net worth is estimated to be $5 million.

Q: How did Bill Pascrell make his money?

A: Bill Pascrell made his money through a variety of sources, including his career as a lawyer, his work in the government, and his investments.

Q: What are some of Bill Pascrell’s most notable accomplishments?

A: Bill Pascrell’s most notable accomplishments include serving as the U.S. Representative for New Jersey’s 9th congressional district from 1997 to 2019, and as the Chairman of the House Committee on Ways and Means from 2011 to 2019.

Q: What is Bill Pascrell’s current role?

A: Bill Pascrell is currently a senior advisor to the Biden administration.

Q: What are Bill Pascrell’s plans for the future?

A: Bill Pascrell has not announced any plans for the future.

Bill Pascrell’s net worth is estimated to be $1.5 million. He has amassed this wealth through his successful career in politics. Pascrell has served in the United States House of Representatives since 1997 and is currently the Dean of the New Jersey delegation. He is a member of the Democratic Party and has served in a variety of leadership positions, including as Chairman of the House Committee on Ways and Means. Pascrell is a strong advocate for working families and has worked to improve the lives of New Jersey residents. He is a dedicated public servant and has made a significant contribution to the state and nation.