Kamala Harris Net Worth is a topic of keen interest, especially considering her esteemed role in American politics. Starting with her net worth, Kamala Harris, an influential American politician and attorney, is reported to have amassed a fortune of around $8 million. This wealth primarily stems from her husband, Doug Emhoff’s earnings, who was a partner at the law firm DLA Piper until August 2020. Emhoff’s lucrative career often earned him over $1 million annually. The couple, married since 2012, has also benefited from Kamala’s book royalties, which have accrued approximately $750,000.
In a historic moment in November 2020, Kamala Harris was elected as the Vice President of the United States, serving alongside President Joe Biden. As the first female Vice President and the first person of color to hold this office, Kamala made headlines globally. By July 2024, she emerged as the presumptive Democratic candidate for President, following Biden’s unexpected decision not to seek a second term. However, Kamala faced a tough electoral battle and ultimately lost to Donald Trump on November 5, 2024.
What is Kamala Harris net worth?
| Name | Kamala Harris |
|---|---|
| Category: | Richest Politicians › Democrats |
| Net Worth: | $8 Million |
| Salary: | $218 Thousand |
| Birthdate: | Oct 20, 1964 (60 years old) |
| Birthplace: | Oakland, California, U.S. |
| Gender: | Female |
| Profession: | Politician |
Before her vice presidency, Kamala Harris served as a US Senator for California from 2017 to 2021. Her extensive career also includes serving as the Attorney General of California from 2011 to 2017.
Finances and Wealth
Delving into the financial side, Kamala and Doug’s disclosed assets are valued between $3.6 million and $7.36 million. Since 2015, the couple’s asset value has nearly doubled. A financial disclosure from 2019 revealed their assets ranged from $2.5 to $6 million, alongside $3 million in liabilities, largely due to mortgages. Their investments are primarily in mutual funds and retirement accounts. Kamala’s book royalties, from 2019 to 2024, have also contributed $750,000 to their income.
From 2004 to 2023, the couple’s total income surpassed $16 million. Doug Emhoff’s substantial earnings as a partner at DLA Piper largely contributed to this amount. His expertise in entertainment and intellectual property law consistently brought in $1 million to $1.5 million annually. Doug’s departure from the firm in August 2020 marked a significant financial transition for the couple.
Tax returns released in April 2019 highlighted Kamala and Doug’s 2018 earnings, which totaled just under $2 million. Doug’s law firm salary accounted for $1.4 million, while Kamala’s book ‘The Truths We Hold’ added $370,000 in royalties. Her Senate salary contributed $157,000. Their tax obligations included $697,000 in payments, with $27,000 donated to charity.
Their 2022 tax return showed a total income of $456,918, with federal and state taxes amounting to $110,600. The 2023 tax filing reported $450,299 in income, comprising Kamala’s Vice President salary, Doug’s earnings as a visiting professor, and additional book royalties and interest income. Their federal tax bill was $88,570.
Tax Returns
Kamala Harris’s earnings from 2004 to 2023 totaled $16,061,119. Although she and Doug married in 2012, they began filing joint taxes two years later. Her career path includes roles as the District Attorney of San Francisco and California’s Attorney General, culminating in her election as Vice President.
Early Life and Career
Born in Oakland, California, in October 1964, Kamala Harris attended Howard University and earned her JD from the University of California, Hastings. Her early career saw her rise to become the 27th District Attorney of San Francisco and the 32nd Attorney General of California. In January 2017, she became a US Senator.
In 2019, Kamala announced her candidacy for the Democratic nomination in the 2020 presidential election. Her political stances include support for Medicare for all, sanctuary cities, recreational marijuana legalization, tax reductions for the working class, and the DREAM Act.
Real Estate
The couple’s real estate portfolio, valued between $8-10 million before mortgage deductions, includes notable properties. In 2012, Doug purchased a Brentwood home in Los Angeles for $2.7 million, now worth around $5 million. Kamala’s 2004 purchase of a San Francisco apartment for $490,000 was sold in 2021 for $860,000. Their 2017 investment in a Washington, D.C. condo, bought for $1.775 million, sold in 2021 for $1.85 million.
What is Kamala Harris’ net worth?
As of 2021, Kamala Harris’ net worth is estimated to be around $6 million. This includes her assets, investments, and income from her career as a lawyer, politician, and author. Her husband, Doug Emhoff, also has a successful legal career, adding to their combined net worth. However, Harris has faced criticism for her past financial decisions, such as accepting donations from wealthy donors and corporations
How did Kamala Harris make her fortune?
Kamala Harris made her fortune through a combination of her successful career as a lawyer and her investments in real estate. She also earned a significant income from book deals and speaking engagements. Her financial success is a testament to her hard work, determination, and strategic decision-making
What is Kamala Harris’ salary as Vice President?
As Vice President, Kamala Harris’ salary is $235,100 per year. This is the same salary that all Vice Presidents have received since 2017. However, Harris also receives an additional $19,000 for serving as a member of the Senate. This brings her total annual salary to $254,100
How much money did Kamala Harris inherit?
Kamala Harris did not inherit any money. She comes from a middle-class family and has worked hard to build her own successful career in law and politics. Her net worth is estimated to be around $6 million, which she earned through her work as a lawyer, district attorney, and senator. Harris has also written several books, which have contributed to her wealth. Overall, her financial success is a result of her dedication and hard work, rather than any inheritance
What is Kamala Harris’ source of income?
Kamala Harris’ main source of income is her salary as a United States Senator, which is currently $174,000 per year. She also earns income from book deals and speaking engagements. Additionally, she has investments and assets, including a rental property in San Francisco. Overall, her estimated net worth is around $6 million
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