Kamala Harris has come a long way in her career, rising from being a local prosecutor in California to the United States vice president, and she is now a likely presidential candidate. Along this journey, her financial worth has grown significantly. So, how much is Kamala Harris worth today?
Don't Miss:
- Are you richer than most people you know? Here’s the net worth you need at every age to be above average.
- If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
Kamala Harris began her legal career in the Alameda County District Attorney's office in 1990. In 1998, she joined the San Francisco district attorney's office, and in 2004, she became the San Francisco District Attorney. According to Forbes, she made $140,000 a year in that role, which increased to over $200,000 by 2010.
In 2010, Harris became the Attorney General of California. This job came with a pay cut to $159,000, which she earned for the next three years. Despite the lower salary, the role gave her more visibility and influence.
Her tenure in local and state offices has resulted in two pensions, which Forbes estimates worth just under $1 million today.
Trending: Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to the average?
According to local real estate agent Jerry Beverly, in 2012, after their mother passed away, Kamala Harris and her sister sold her Oakland condo for $710,000.
Two years later, Harris married Doug Emhoff, a managing partner at Venable LLP who made over $1 million yearly and had a well-funded IRA with many investments in individual stocks. Emhoff’s clients included big names like Walmart and Abbott Labs. As a result, Harris’s income increased significantly.
Her career continued to climb when she became a U.S. Senator in 2017, earning $174,000 a year. In 2018, she received an advance of more than $300,000 for her memoir, The Truths We Hold. According to tax reports ABC News accessed, she and Emhoff reported a joint income of nearly $1.9 million that year.
In 2020, Harris ran for president but eventually became Joe Biden's running mate. When they won, she became vice president, earning $235,000 a year. Meanwhile, Emhoff left his high-paying law job to teach at Georgetown University, making around $200,000 annually, according to the Independent.
See Also: How much money will a $200,000 annuity pay out each month? The numbers may shock you.
In summary, Forbes estimates that Kamala Harris and Doug Emhoff have a net worth of about $8 million, roughly 22 times the median net worth of Americans in their age bracket. If she wins the presidency, her financial worth and public profile will continue to grow.
But even if she loses the presidential race, it might benefit her financially. Per Forbes, Mike Pence quadrupled his net worth from $1 million to $4 million by giving speeches and writing a memoir after leaving office in 2021 and running for president in 2023.
Joe Biden and his wife Jill earned over $17 million from memoirs and teaching after not running in 2016, increasing their net worth from $2.5 million to $8 million. Harris could follow these proven methods to boost her finances, even after a 2024 loss.
Read Next:
- A billion-dollar investment strategy with minimums as low as $10 — you can become part of the next big real estate boom today.
- Don’t miss out on the next Nvidia – you can invest in the future of AI for only $10.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.