July 12, 2023 8:52am EDT
Sotomayor's wealth has skyrocketed since joining Supreme Court, raising ethics concerns
Obama-nominated SCOTUS justice has seen net worth spike during tenure on high court
By Aaron Kliegman | Fox News
Sonia Sotomayor's net worth has increased significantly since joining the nation's highest court, according to financial disclosure forms amid new revelations about the Supreme Court justice's efforts to promote her books.
Sotomayor was nominated by then-President Barack Obama to join the Supreme Court in 2009. At the time, her wealth was a small fraction of what it is now.
In 2007, the sum of Sotomayor's total investments was between $50,001 and $115,000, according to her financial disclosure form for that year. She reported only two assets: a checking account and a savings account, both at Citibank.
In 2008, Sotomayor's financial disclosures show she had the same two assets, this time totaling $15,001 to $65,000. The following year, during which Sotomayor was both nominated and confirmed to the Supreme Court, she held the same investments for the same range of value.
Since then, Sotomayor's net worth has skyrocketed, putting her among the ranks of the nation's millionaires. In 2021, her investments totaled somewhere between $1.5 million and $6.4 million, according to financial disclosure forms. Last year, investments were roughly the same, in between $1.6 million and $6.6 million.
Sotomayor's yearly salary was about $180,000 as a federal appeals court judge before Obama nominated her, supplemented by about $25,000 a year from teaching at New York-area law schools. That salary went up several thousands of dollars upon becoming a Supreme Court justice.
Currently, members of the high court make $285,400 except for the chief justice, who earns just under $300,000.
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