Pete Buttigieg Net Worth 2025 | Salary and Real Estates

Pete Buttigieg is a former Secretary of Transportation and former naval officer. Buttigieg, a former convention director for the Cohen Group, spent three years as a consultant at McKinsey & Company‘s Chicago office, specializing in logistics, retail, energy, and economic development. His clients included government organizations such as the EPA, Department of Energy, Department of Defense, and Postal Service, as well as Blue Cross Blue Shield of Michigan and Best Buy.

He left McKinsey in 2010 to focus on an Indiana state treasurer campaign. Since 2005, Buttigieg has also been involved with the Truman National Security Project, where he has focused on Afghanistan and Pakistan. In 2014, he was added to the organization’s advisory board.

How much is Pete Buttigieg’s Net Worth?

According to Celebrity Net Worth, Pete Buttigieg has a net worth of $500k. After graduating from Harvard University, Pete Buttigieg spent 2009 to 2017 in the US Navy Reserve. He was elected in 2011 as the youngest mayor of a city in the United States with a population of 100,000 or more and held the position for two terms.

For his 2020 presidential campaign, Mayor Buttigieg, who is well-known for his progressive policies and initiatives to revitalize South Bend’s downtown and enhance public transportation, gained national attention. His victory in a crucial U.S. presidential primary election made him the first openly gay man to win delegates. He was confirmed as the United States Secretary of Transportation in February 2021 and is in charge of the country’s roads, bridges, and airports.

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Pete Buttigieg’s Salary and Real Estates

Pete Buttigieg, the mayor of South Bend, Indiana, had a salary of $149,000. A financial disclosure made public in May 2019 stated that Pete Buttigieg received an advance payment of $75,000 for his book. In addition, according to the filing, Pete and his spouse own $15,000 worth of Google stock and $50,000 worth of Apple stock.

Finally, Pete disclosed that he has between $100,000 and $350,000 in outstanding student loans, which must be repaid over the next 25 years. Buttigieg and his spouse, Chasten Buttigieg, have a net worth between $100,000 and $1 million according to their most recent financial disclosures. Buttigieg’s annual salary as Secretary of Transportation is $221,400.

Pete, 27 at the time, spent $125,000 on a home in South Bend, Indiana in 2009. He purchased the home after getting out of foreclosure. Since he bought it, the house has nearly doubled in value. The home is 2,500 square feet and has four bedrooms.

Pete Buttigieg: Military to Politics

Buttigieg enlisted in the U.S. Navy Reserve in 2009 as an Ensign in Naval Intelligence. During his seven-month leave as South Bend’s mayor in 2014, he deployed to Afghanistan, where he served as an armed driver and learned Dari, the local dialect of Persian. He received the Joint Meritorious Unit Award and the Joint Service Commendation Medal. In 2017, he received an honorable discharge from the Naval Reserve.

Buttigieg made an unsuccessful attempt to become Indiana’s state treasurer in 2010. In 2012, he was elected as South Bend’s 32nd mayor, making him the city’s youngest mayor ever. He was elected to a second term in 2015 with over 80% of the vote. He announced in 2018 that he would not run for a third term.

Buttigieg was the Democratic Party’s candidate for president in 2020 before resigning and endorsing Joe Biden. He supports federal legislation that prevents discrimination against LGBT people, universal healthcare, universal background checks for gun purchases, labor unions, environmental protections, and the Deferred Action for Childhood Arrivals program.

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