KEY POINTS

  • Bill de Blasio's net worth is $1.5 million
  • The New York City mayor legally changed his name in 2002
  • He gets additional income from two properties that he rents out

Bill de Blasio’s net worth is $1.5 million. How did he amass such gigantic wealth while being a public servant?

De Blasio received a higher salary in 2018, which was $254,392, compared to the $220,188 he got as a city official in 2017. According to Politico, aside from his work as mayor, de Blasio earns a bit from renting out his two Park Slope homes. De Blasio and his wife Chirlane McCray earned $108,450 in 2018 from rentals, which was higher than what the couple earned in 2017 ($104,000). McCray did not list any salary as part of the Mayor’s Fund to Advance New York City. The couple even donates to several charities such as Catholic Charities and Project Hospitality, among others. 

Born Warren Wilhelm, Jr., de Blasio has been using his new name since the 1980s but only changed it legally in 2002 due to an election discrepancy. Before becoming New York City mayor, de Blasio, who is also a Ska enthusiast, had stints as Regional Director for the United States Department of Housing and Urban Development for New York and New Jersey, as per Celebrity Net Worth

Meanwhile, the Manhattan-born democratic politician recently had a disagreement with New York City Governor Andrew Cuomo over the reopening of classes. Statewide suspension is only until April 29 and with the way things are going, extending the suspension of classes remains a possibility.

Mayor de Blasio claims that schools will remain shut down due to COVID-19, which will practically shelve the remainder of the academic year. Dr. Anthony Fauci allegedly gave his approval for the suggested suspension. On the other hand, Cuomo offers a different view. He claims that all is still up in the air regarding the reopening of classes and although suspending them altogether is an option, nothing is final. This back-and-forth between the two has been going on for some time. 

The bickerings bring confusion among parents and students. With New York being one of the hardest hit by the coronavirus, it seems reopening of classes in June is not possible. Cuomo and de Blasio have been working together during the crisis amid an ongoing debate as to who holds the decision over class suspensions in the city. 

In a New York Times report, critic Rebecca Katz praised Gov. Cuomo’s communication in navigating through COVID-19 but somehow, it does not get through Mayor de Blasio. People in New York City who are stakeholders in reopening of classes are hoping to get a clearer picture sooner than later.