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Forbes Daily Briefing

Here’s How Much Kamala Harris Is Worth

Forbes Daily Briefing

Forbes

Business, Tech News, News

4.418 Ratings

🗓️ 24 July 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

The vice president has plenty of money, but now that she's the presumptive Democratic nominee for president, her personal finances will receive more attention than ever.

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Transcript

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0:00.0

Here is your Forbes Daily Briefing for Wednesday, July 24th.

0:05.0

Today on Forbes, here's how much Kamala Harris is worth.

0:10.0

Forbes originally published an article on Vice President Harris's net worth in May.

0:15.0

Since then, the ground has shifted under the Democratic Party.

0:19.0

On Sunday, President Biden announced that he would suspend his re-election campaign and

0:23.5

endorsed Harris to run in his place. It now appears that she is the presumptive

0:27.9

Democratic nominee for president. Thanks to her decades in government and a wealthy husband, Kamla Harris has built quite a nest egg.

0:36.0

Forbes estimates her net worth, along with second gentleman, Doug Emhoff, at about $8 million, up from $7 million in 2021.

0:46.0

Vice President Harris and her husband own a multi-million dollar home in Los Angeles.

0:50.9

The rest of their assets mostly consist of cash, index funds, bonds, and pensions, which the 59-year-old Harris will soon be able to access.

0:59.0

The second couple's net worth increase comes almost entirely from a jump in the value of that

1:04.4

LA home, and the duo's liquid investments do not appear to have grown significantly, despite

1:10.0

the soaring stock market. Harris was born in Oakland, California in October 1964 to two well-educated immigrants.

1:19.0

Her father, originally from Jamaica, worked as an economics professor at Stanford. Her mother from Southern India. from and after marrying had Kamala and her sister Maya.

1:33.0

In her 2019 memoir, Harris writes,

1:36.0

quote,

1:37.0

we weren't rich in financial terms,

1:39.0

but the values we internalized provided a different kind of wealth.

1:43.0

From an early age, Harris showed an interest in law.

1:46.0

She moved across the country in 1982 to attend the historically black Howard University

1:52.0

and later got a job at the Federal Trade Commission and another as an intern for California Senator Alan Cranston, a Democrat whose seat she would later fill.

2:01.0

Harris graduated in 1986 and returned to the West Coast, earning a law degree from

...

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