4.6 • 12 Ratings
🗓️ 24 June 2025
⏱️ 5 minutes
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The former New York governor’s political star soared, collapsed and now may rise again. His finances, though, have been on a steady upward trajectory, thanks to a book deal and a nuclear startup.
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0:00.0 | Here's your Forbes Daily Briefing for Tuesday, June 24th. |
0:05.0 | Today on Forbes, here's how much Andrew Cuomo is worth. |
0:10.0 | In 2017, then-Governor Andrew Cuomo signed into law a program that would provide tuition-free college |
0:17.0 | at New York's public universities for families making under $125,000 per year. In his speech |
0:23.3 | hailing the legislation, he tied its support for middle-class families to his own life story. He told the |
0:29.4 | crowd, quote, when you grow up in Queens, you grow up middle class. You grow up part of a working |
0:34.3 | family. We're not rich in Queens, but that's okay. |
0:43.7 | At the time, the former cabinet secretary, New York Attorney General, and son of a former New York governor, had already departed the middle class. |
0:47.0 | Most of his money, per his financial disclosures filed at the time, sat in a blind trust |
0:51.8 | with between $1.75 and $2 million in it, a healthy sum, though not |
0:57.0 | shocking for a 59-year-old lawyer at the head of the fourth largest state in the country. |
1:02.5 | Today, Forbes estimates Cuomo is worth about $10 million, a roughly five-fold gain in less |
1:08.7 | than a decade. Not bad for a politician who resigned in scandal |
1:12.5 | just under four years ago. During the height of his pandemic popularity, he signed a $5.2 million |
1:18.5 | book deal, much of which he got up front, an incredible sum for a governor. Out of office, he returned to |
1:25.8 | a private and lucrative legal practice in 2022. |
1:29.6 | Then, two years later, Cuomo, who shut down one of New York's nuclear power plants as governor, |
1:35.1 | joined the advisory board of a nuclear company, earning him stock options worth over $4 million |
1:40.0 | as of last Friday's market close. |
1:43.1 | Unlike most politicians Forbes tracks, Cuomo owns no real estate, meaning he's missed out |
1:48.4 | on the strong property market of the last decade. |
1:51.3 | Instead, he forks over $8,000 monthly to rent a two-bedroom apartment in Midtown Manhattan. |
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