Since 2021, American Baptist clergyman and politician Raphael Gamaliel Warnock has represented Georgia as a junior senator in the US Senate. Warnock, a Democrat, has served as Ebenezer Baptist Church’s senior pastor in Atlanta since 2005.
What Is Raphael Warnock’s Salary and Net Worth?
The American politician and pastor Raphael Warnock is worth $800,000, as per reports of Celebrity Net Worth. When Raphael Warnock challenged Kelly Loeffler in the 2020 Senate race, he initially attracted national notice.
Warnock was the Senior Pastor of Ebenezer Baptist Church in Atlanta before he entered politics. He overcame Herschel Walker in a closely fought match that required a runoff in 2022.
What was the source of Raphael Warnock’s wealth?
As previously indicated, Raphael Warnock receives money from several sources: Senate pay: Warnock receives $174,000 per year in salary as a US senator. A large portion of his income comes from this compensation;
Pastoral work: Since 2005, Warnock has been the pastor of Ebenezer Baptist Church. As per several accounts, he received an annual salary of $120,965 in 2021 for his pastoral job;
Book royalties: Warnock received a $243,750 advance for his book “A Way Out Of No Way” in 2022.
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Assets and investments of Warnock
Among Raphael Warnock’s holdings are several homes, including one in Atlanta and a holiday house on the Georgian coast.
Furthermore, MMBB—the American Baptist Church retirement plan—and the ML Bank Deposit Program bank deposit are his two largest stock interests, each valued between $500,001 and $1,000,000.
Naturally, his financial disclosure form for the year 2022 states this. Participation in insider tradingRaphael Warnock’s involvement in insider trading is not documented. Nonetheless, the senator from Georgia has spoken out about the matter and has introduced legislation to forbid Congressmen from engaging in individual stock trading, together with his colleague Jon Ossoff.
This action was taken in response to accusations of insider trading made against Kelly Loeffler, his opponent in the Georgia Senate election. However, the Senate Ethics Committee later rejected the accusations made against Loeffler.
Summary
Warnock is certainly worth a substantial amount of money, as his net worth varies between $545,015 and $2,199,998. It isn’t comparable to his colleagues’ fortune, though. In terms of net wealth, the pastor-turned-politician is in the middle of the pack of senators.
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