Who is Andrew Yang and what is his net worth?

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FORMER Democratic presidential candidate Andrew Yang has announced he will run for mayor in New York after his 2020 presidential bid failed.

Several outlets have guessed Yang’s net worth over the years, which is said to be in the millions.

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Andrew Yang addresses the media as he announced his run for mayor of New York on Morningside Drive

Who is Andrew Yang?

Andrew Yang is an American entrepreneur, lawyer, politician and philanthropist.

The 46-year-old was born and raised in Schenectady, New York.

Yang started working in startups and growth stage companies as a founder or manager from 2000 to 2009.

He was the Democratic presidential candidate in the 2020 elections.

Andrew Yang and his wife Evelyn Yang during his presidential campaign

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Andrew Yang and his wife Evelyn Yang during his presidential campaignCredit: AP: Associated press
Evelyn Yang revealed to CNN that she was sexually assaulted by her doctor

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Evelyn Yang revealed to CNN that she was sexually assaulted by her doctor

Yang is married with two young songs, one of which is autistic.

His wife Evelyn recently came out and announced that she was assaulted by Dr Robert Hadden while pregnant with the couple’s first child in 2012.

Is Andrew Yang a Democrat?

On October 4, 2021, Yang wrote an open letter announcing his “break” with the Democratic Party.

Yang said he has been a registered Democrat since 1995, when he voted for Bill Clinton when he was reelected.

After spending the past 26 years voting Democrats and participating in various fundraisers and campaigns to support the Democratic Party, Yang has announced his transition to the Independent Party.

“I have at this point dozens of friends and confidants who are rooted in the Democratic Party. I have been a Democrat all my adult life,” he said.

“And yet, I am convinced that no longer being a Democrat is the right thing.”

Yang said in the letter that he is not advising his supporters to change their status from Democrat to Independent as well, but that it is something he had to do personally to feel more confident in his political decision-making in the country. ‘to come up.

“Breaking up with the Democratic Party seems like the right thing to do because I think I can have a bigger impact that way,” he said.

Did he run for the mayor of New York?

In a surprise announcement made on January 14, 2021, Yang said he would run for mayor of New York.

He introduced newly elected Rep. Ritchie Torres as his campaign co-chair.

Yang joined around two dozen candidates, but due to poor voting results in the spring, he conceded the race on June 23, 2021.

Eric Adams is currently leading the Democratic Party, and Curtis Silwa is leading on the right. The final elections will take place on November 2, 2021.

Andrew Yang and his wife, Evelyn, take their sons to the country bus after a rally at Iowa Wesleyan University on January 24, 2020

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Andrew Yang and his wife, Evelyn, take their sons to the country bus after a rally at Iowa Wesleyan University on January 24, 2020Credit: Getty Images – Getty

Yang is the second Asian-American candidate to run for mayor and to appear on the ballot box.

“I am running for mayor for a very simple reason,” Yang told a group of Upper Manhattan supporters. “I see a crisis and I believe I can help.”

“I moved to New York City 25 years ago. I came of age, fell in love and became a father here. Seeing our city as it is now breaks my heart. months ahead will determine our city’s trajectory for decades, ”he said in a YouTube video.

Andrew Yang, in his mayoral announcement, put forward proposals for New York to emerge from the economic crisis, help the poor, reduce homelessness and reform the police

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Andrew Yang, in his mayoral announcement, put forward proposals for New York to emerge from the economic crisis, help the poor, reduce homelessness and reform the policeCredit: Rex Features

“We must launch the largest basic income program in history, invest in a people-centered economy, return to evidence-based governance and create an accessible health system.”

“We need to do all of this while building responsible and smart policing, building affordable housing, bridging our city’s digital divide, modernizing municipal transportation and services, and more. “

He said he hoped to replace outgoing mayor Bill de Blasio with a bold plan for a universal basic income for the poor. In this policy, he hoped to give people living in “extreme poverty” at least $ 2,000 a year.

Yang has said he could reopen at least 15,000 businesses in his first year and his office and has pledged to vaccinate every New Yorker who wants to be vaccinated against Covid.

Andrew Yang, leans on his wife with wife Evelyn, as they join a Fair Fight phone bank at Ebenezer Baptist Church in Atlanta

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Andrew Yang, leans on his wife with wife Evelyn, as they join a Fair Fight phone bank at Ebenezer Baptist Church in AtlantaCredit: AP: Associated press

What is Andrew Yang’s net worth?

Although Yang’s exact net worth is not known, several media outlets have guessed how much the politician is worth.

Yang is worth $ 1 million according to Forbes, between $ 834,000 and $ 2.4 million according to the Wall Street Journal, and between $ 3 and $ 4 million according to Newsweek.

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