Rod Blagojevich, once a prominent figure in American politics, is now more commonly associated with scandal than success. His name brings to mind corruption charges, a federal prison sentence, and a dramatic fall from political grace. Despite once holding one of the most powerful positions in Illinois, Blagojevich’s net worth today is estimated at just $100,000.
This article delves into Rod Blagojevich’s life, career, financial downfall, and what led to his dramatic shift from governor to felon—and ultimately, a man worth far less than one might expect.
Who is Rod Blagojevich?
Rod Blagojevich is an American former politician who served as the 40th Governor of Illinois from 2003 until his impeachment in 2009. A member of the Democratic Party, he previously represented Illinois’s 5th congressional district in the U.S. House of Representatives.
Born on December 10, 1956, in Chicago, Illinois, Blagojevich grew up in a working-class Serbian immigrant family. He earned a law degree from Pepperdine University and launched his political career under the mentorship of powerful Illinois Democrats.
Political Rise
Blagojevich’s early career was marked by ambition and political savvy. In the 1990s, he won a seat in the U.S. House of Representatives, and in 2002, he became the first Democrat in 26 years to be elected Governor of Illinois.
As governor, he initially enjoyed popularity, particularly for his focus on health care reform and expanding children’s access to medical services. However, his administration was soon dogged by allegations of corruption, and behind the scenes, a federal investigation was brewing.
The Scandal That Changed Everything
Rod Blagojevich’s career came crashing down in December 2008, when he was arrested by federal agents on corruption charges. The most infamous charge involved an attempt to sell or trade Barack Obama’s vacant U.S. Senate seat after Obama was elected President.
Federal prosecutors accused Blagojevich of engaging in a “political crime spree,” and tapes revealed him saying the Senate seat was “f***ing golden” and he wasn’t going to give it away “for nothing.”
In 2011, he was convicted on 17 charges of corruption, including wire fraud, attempted extortion, and conspiracy to solicit bribes. He was sentenced to 14 years in federal prison and began serving his time in March 2012.
Life Behind Bars and Commutation
Blagojevich served 8 years of his sentence before it was commuted by President Donald Trump in February 2020. Trump called the sentence “ridiculous” and criticized the judicial system’s handling of the case. The commutation allowed Blagojevich to be released without a pardon, meaning his felony conviction still stands.
Following his release, Blagojevich attempted to reshape his public image, referring to himself as a “Trumpocrat” and frequently appearing in media interviews.
Rod Blagojevich’s Net Worth in 2025
As of 2025, Rod Blagojevich’s net worth is estimated to be just $100,000.
This is a stark contrast to many former governors and public figures who often leverage their connections and experience into lucrative post-political careers.
Blagojevich’s relatively low net worth is attributed to several factors:
1. Legal Fees
He faced years of legal battles and mounting legal bills. His defense was costly, and reports suggest that his family was left with significant financial strain as a result.
2. Loss of Political Pension
In 2009, after his impeachment, the Illinois General Assembly voted to strip Blagojevich of his state pension, which would have provided a generous retirement income.
3. Years of Unemployment
Serving 8 years in federal prison meant a loss of income and career momentum. Upon release, he was unable to practice law or return to politics due to his felony record.
4. Limited Opportunities
Though he has made attempts to stay relevant—through media appearances, podcasting, and speaking engagements—the financial returns from these efforts appear to be modest.
Post-Prison Life
Since his release, Blagojevich has:
-
Started a podcast where he discusses politics, law, and current events.
-
Appeared on television news shows and reality TV.
-
Attempted to regain public favor by criticizing both political parties and emphasizing prison reform.
Despite these efforts, his earning potential remains limited compared to pre-scandal days.
Personal Life
Blagojevich has been married to Patti Blagojevich since 1990. Patti has been an active voice during his legal troubles and incarceration. The couple has two daughters.
Blagojevich currently resides in Chicago, where he has tried to maintain a low profile while pursuing modest media ventures.
Public Perception
Public opinion on Rod Blagojevich is divided. Some see him as a symbol of political corruption, while others believe he was punished too harshly. His commutation by Donald Trump drew both support and backlash, further cementing his complex legacy in American political history.
FAQs
1. How much is Rod Blagojevich worth today?
Rod Blagojevich’s net worth is estimated to be $100,000 as of 2025.
2. How did Blagojevich lose his money?
He lost much of his wealth due to legal fees, prison time, loss of his pension, and limited income opportunities after release.
3. Is Rod Blagojevich still married?
Yes, he is married to Patti Blagojevich, who supported him throughout his legal battles and imprisonment.
4. Did Trump pardon Rod Blagojevich?
No. Trump commuted Blagojevich’s sentence in 2020, meaning he was released from prison early, but his felony convictions remain on record.
5. Can Rod Blagojevich run for office again?
No. Due to his felony conviction and impeachment, he is barred from holding public office in Illinois.
6. What is he doing now?
Blagojevich is involved in podcasting, media appearances, and occasionally comments on political issues. His post-prison efforts have not significantly improved his financial status.
7. Does Rod Blagojevich have a pension?
No, the Illinois General Assembly revoked his pension after his impeachment in 2009.
Final Thoughts
Rod Blagojevich’s journey from a powerful governor to a convict with a modest net worth serves as a cautionary tale about power, ambition, and the consequences of political corruption. Once seen as a rising star in the Democratic Party, he now stands as a controversial figure whose career ended in disgrace—and whose net worth of just $100K reflects the heavy price he paid.
