How Pete Buttigieg Cashed In On His Candidacy

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How Pete Buttigieg Cashed In On His Candidacy
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The transportation secretary gambled financially on both his political career and love life. It all paid off.

efore Pete Buttigieg announced he was running for president, he needed to do some math. The South Bend, Indiana mayor had run for office before—on a much smaller scale—and he knew how expensive it could be. There was the cost of the campaign, of course. But there was also the cost of giving up a day job and forfeiting wages. True to his consultant background, Buttigieg created a spreadsheet to run the numbers.

Buttigieg is still nowhere near as rich as his predecessor at the transportation department, Elaine Chao, who is married to Senator Mitch McConnell. Buttigieg tapped a trusted lieutenant to manage the city while he headed to Afghanistan, leaving a letter in his desk drawer in case he didn’t come back. His mission involved efforts to block drug funding for insurgents, but Buttigieg also kept tabs on his city from overseas, grabbing a cigar and laptop late at night to head up to the roof, where he would call into meetings via Skype. Despite the extra effort, he still took a pay cut while overseas, earning $46,000 in 2014.

He left without graduating and held onto his theater job, supplementing his income with shifts at Starbucks. Working from 8 in the morning to 10 at night, he was earning $19,000 a year—not nearly enough to pay off the $70,000 he owed. He transferred from a Wisconsin Starbucks to a Chicago one, where a man flashed some sort of knife on him one night, ending his interest in being a barista.

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