How Dan Bongino Achieved a Net Worth of $8 Million

Dan Bongino

Dan Bongino goes after what he wants no matter what it takes. He wanted to be a doctor but ended up being a police officer before joining the secret service. His children inspired him to leave the secret service and pick up politics, but it was not a career meant for him. So Bongino became an author instead, detailing his experience in the presidential administration, and now he is a radio talk show host. As a cancer survivor, he does not believe in self-pity, and this attitude has helped Dan Bongino’s net worth rise to $8 million. Here is how he achieved it.

Becoming a Cop and Secret Service Agent

According to Naples News Daily, Bongino came from a poor and broken family. His parents divorced when he was still young, and his mother remarried a heavyweight boxer. Bongino described the stepfather as a monster with ham hocks for hands. He also was a drunk who kept beating up Bongino’s younger brother, Joe. The political commentator was not safe because the stepfather would choke him too. The situation at home got so bad that Child Protective Services (CPS) visited their house regularly, but they did not help. Eventually, tired of the beatings, Bongino, at 15, took his brother, and they moved out to an apartment in Middle Valley; their biological father helped pay the rent. Young Bongino was determined to be a doctor and even took the Medical College Admission Test (MCAT). However, he changed his mind and wanted to become a cop. He recalled that the only people who scared his stepfather were the police. He witnessed a short female cop standing up to the tall Italian guy and telling him to leave. Bongino figured if police could scare his stepfather, he had to do the job and help change other people’s lives as that female cop had changed his. He, therefore, worked for the New York Police Department (NYPD) from 1995. According to Chron, new officers pocket a starting annual salary of $42,000.

Inclusive of holiday pay, overtime, uniform allowance, fully paid sick leave, and paid health insurance programs, Bongino’s salary at 21 years was impressive. NYPD officers usually receive a bump in salary after five and a half years, at which point they start earning $85,292. However, Bongino left the department in 1995, meaning he was not eligible for the pay rise. Fortunately, he found greener pastures working as a secret service special agent. The average salary of secret service special agents is $138,895 a year, although experience and pay grade determine the exact figure. He then became an instructor at the Secret Service Training Academy before being assigned to President George W. Bush’s Presidential Protection Unit in 2006. Top earning president bodyguards make $200,000 annually, and given his experience in the secret service, we can safely assume that Bongino’s salary was this much. He held this position until his resignation in 2011.

Authoring New York Times Bestsellers

According to ABCNews.com, Bongino’s decision to quit the secret service came after hearing secret negotiations during the Obama administration. He said that what he heard regarding Obamacare was enough to make him rethink his career choice. Although he was adamant, his colleagues believed he was exaggerating because he was in no way invited to attend high-level meetings at the White House. Bongino insisted he was in the secret service for over a decade and attended some high-level discussions. Although he would not disclose personal conversations and security details, he could speak about the foundation principles of the Obama administration. Consequently, he planned on releasing a memoir in November 2013. The plans came to fruition when the political commentator published “Life Inside the Bubble.”

It became a New York Times bestseller, and that must have encouraged him to keep writing. In January 2016, he published his second book, picking up where the first book left off. Authors have to sell at least 10,000 copies in a week to make it to the New York Times bestseller list. It is not clear how many copies his books sold in 2016, but he was quoted saying that his book sold well and life was going on well thus had no need for a political career. Still, some of the book sales have been scandalous. Bongino’s book “Exonerated” had an asterisk to signal that it had benefitted from bulk sales, meaning it had achieved the bestseller position artificially. The claims angered Bongino, so he insulted John Iadarola, the person who posted the tweet. Eventually, after the two exchanged words on social media, the political commentator said he would write Iadalora a check of $10,000 if he could provide evidence that the sale of 46,000-plus copies of “Exonerated” had recorded were due to bulk sales. Going by the original price of $28 per book, 46,000 copies would have a sales income of $1.288 million.

Radio and Podcast Career

According to The Washington Post, while other supporters of President Donald Trump had downward trajectories as they were indicted or convicted, Bongino’s star was on the rise. He counts himself as one of the primary voices that advised former US President Donald Trump to capture the country’s attention by holding outdoor rallies. One media strategist said that Bongino leads his audience by creating news. As a result, he was signed by Cumulus Media to have a radio talk show, and Fox News signed him to a weekend program. He replaced “The Rush Limbaugh Show,” the highest-rated talk show in the United States. In 2008, Limbaugh was paid over $35 million a year, seeing that the contract he had signed to expire in 2009 earned him $285 million over eight years. The New York Times reported that Limbaugh would be paid $400 million through 2016, making the deal it the second most expensive in radio at the time. If Bongino can also strike such lucrative deals, they will push his net worth upwards.

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