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David Axelrod Earned Millions Under Obama Presidency

By Roger Ferguson

Posted August 20, 2024

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David M. Axelrod

American political consultant, analyst, and former White House official

$18 Million
$2.9 Million (7%)
Real Time Net Worth
#52 in Politics today

David Axelrod has a net worth of $18 million USD. He works with CNN as a Senior Political Commentator earning $1 million salary annually. He also had a successful lobbying career making millions in the process.

Axelrod’s real estate assets, estimated at $8.3 million, are spread across various locations within the United States. In Los Angeles, he owns a mansion valued at $3.2 million.

Axelrod also owns a downtown penthouse worth $2.1 million. Additionally, he has invested in beachfront property in Miami, Florida, valued at approximately $3 million.

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Lobbying Income

While working with Barack Obama as a chief strategist, Axelrod established connections with influential industrialists and global politicians, enabling him to create a lucrative network.

For example, he played a key role in lifting sanctions on a group of Russian oligarchs, allowing them to regain access to their assets. Additionally, he was pivotal in securing a favorable regulatory outcome for Volkswagen during the emissions scandal, which helped the company avoid severe penalties.

David Axelrod Net Worth

Net Worth$18 million
Annual Income$3 Million
CNN Salary$1 Million
Real Estate Assets$9 Million
Inheritance$610,000
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Key Points

  1. Early Life and Education: David Axelrod was born on February 22, 1955, in New York City, New York.
  2. Education: He graduated from Stuyvesant High School in New York City and went on to earn a bachelor’s degree in political science from the University of Chicago.
  3. Career Beginnings: Axelrod started his career as a journalist, writing for various newspapers including the Chicago Tribune.
  4. Advisor to Barack Obama: Axelrod played a pivotal role in Barack Obama’s political career, serving as his chief strategist during the 2008 and 2012 presidential campaigns.
  5. Author and Commentator: Axelrod is also an author, having written the memoir “Believer: My Forty Years in Politics” and is a commentator on political issues.

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