Here is your Forbes Daily Briefing for Saturday, July 27th.

Today on Forbes, win or lose, this election will be lucrative for Kamil Harris.

On Sunday, July 21st at 146 PM, Kamala Harris became the front-runner for the Democratic

nomination.

On Monday, she became the presumptive nominee.

Despite her newborn campaign, the Vice President has already lined up the delegates

she'll need at the Democratic Convention in August, and she has racked up endorsements

from the President and the vast majority of Democratic governors, senators, and House members.

And a record-breaking flood of donations to her campaign will help keep her competitive with Donald

Trump and J.D. Vance's personal finances should remain strong too.

Forbes estimated in May that she is worth $8 million, up from $7 million in 2021,

and her White House run will provide plenty of opportunities to boost her fortune further.

In the short term, she'll actually make out better if she loses.

For example, take Mike Pence. she'll actually make out better if she loses.

For example, take Mike Pence.

Between leaving office in 2021 and a futile run for president in 2023,

Pence quadrupled his estimated net worth from $1 million to $4 million by hitting the speaking circuit and writing a memoir.

For another example, take Joe Biden himself.

After choosing not to run in 2016 following his son's death, Biden and his wife Jill

raked in more than $17 million in income from two memoirs and teaching and speaking

gigs,

boosting his estimated net worth from $2.5 million to $8 million.

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