Andrew Yang Net Worth In 2019, Policies, Education

Andrew Yang is a political tyro set to participate in presidential primary debates in fall 2019. With no political experience, Andrew was thought of as an unlikely candidate for Presidency.

However, he used his corporate and entrepreneurial career background to best use and provided a detailed plan for his presidency. Previously, one of the low polling candidates, he managed to impress people via his persuasive arguments in June democratic debates 2019.

Andrew Yang’s Net Worth 2019

The novice politician is the founder of Manhattan Prep. He sold the company to Kaplan for millions in 2009. Post the profitable transaction, Andrew founded another company titled Venture for America - a non-profit organization.

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The unique organization provides training to top college graduates in a start-up for two years. Venture for America’s aim is to train brilliant minds from various education background in generating jobs for the people.

Andrew Yang reacts as he talks in front of an audience (Photo: www.politico.com)

Via the innovative company, he brought in an annual salary of $217,000 in 2017.

Besides, his role in the organization, the entrepreneur has various ventures adding to his net worth. Andrew’s other source of income is from speeches. In 2018, he brought in $94,000 from lectures alone.

Similarly, he has a property in Hudson Valley and shares in Lending Club, iRobot Verizon, Vodafone, bonds, Apple and Digital Realty. Also, Andrew is the author of the popular book, Smart People Should Build Things.

Due to his various endeavors, Andrew’s net worth ranges from $834,000 to $2.4 million.

Insight On Universal Basic Income

Andrew’s significant policies are freedom dividend, human-centered capitalism, and medicare for all. Out of the three, the first one is gaining traction due to its proposal of universal basic income.

Andrew proposes that if he becomes president, he will provide $1000 per month to Americans above 18. He aims to solve people’s primary money issues to promote development and innovation.

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Also, the politicians’ reasoning behind the policy is the risk of losing jobs due to automation- machines replacing human in the workforce. According to Andrew, he will put taxes on business companies profiting from automation and provide the money generated to people.

Well, his policy is appealing to people and celebrities alike as donation are pouring in for the aspiring president. In June 2019, Twitter CEO Jack Dorsey donated, the highest amount allowed by an individual, $5,600.

Further in April 2019, he raised about $2 million in donations from over 80,000 people.

Education Background 

Andrew, age 44, completed his high school education from an elite school, New Hampshire’s Phillips Exeter Academy. After performing well at the institution, the American headed to prestigious ivy league university, Brown, to pursue a Political Science and Economics degree.

As an educationally inclined guy, Andrew further joined Columbia University to study Law. He passed with flying colors with a Juris Doctorate.

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Although he practiced corporate law for a year, Andrew didn’t enjoy being a lawyer. Thus, he quit his annual $125,000 paying job to work at a startup of health care software.

But, he lost his job and eventually founded Manhattan Prep, and the rest became history.