Kamala Harris’ net worth and high-flying husband as America takes to polls for election

Kamala Harris’ Net Worth and High-Flying Husband as America Heads to Polls for Election

Democrat Kamala Harris is vying for victory in the US presidential election, aiming to secure the White House for the Democrats as American voters head out to cast their ballots. The 60-year-old took on the party’s nomination after President Joe Biden stepped down due to health reasons. Harris has been serving as Vice President since the 2021 election, which marked the departure of Donald Trump from the White House. Born in Oakland, California, Harris embarked on her legal career as a deputy district attorney in 1990. She earned a reputation as a proficient prosecutor, handling cases involving serious crimes like homicide, sexual assault, and burglary. In 2002, Kamala Harris made history by becoming the first person of colour elected as District Attorney of San Francisco, securing victory with 56 percent of the vote. She later went on to serve as California’s Attorney General in 2010, before being elected to the U.S. Senate. Harris met her husband, attorney Doug Emhoff, during her legal career, and they tied the knot in 2014. Additionally, Harris is a stepmother to Emhoff’s two children from his previous marriage to film producer Kerstin Emhoff.

As Kamala Harris pursues the presidency, much attention is focused on her political journey, but lesser-known details, such as her significant net worth primarily derived from her successful legal practice, often remain unexplored. According to Forbes, Harris and Emhoff boast an estimated net worth of around $8 million, equivalent to approximately £6.2 million. Her annual salary as vice-president stands at approximately $235,000 (£181,000). If she emerges victorious in the US election, her salary would increase to around $400,000 (£308,000) per year, and she would transition from the vice-president’s quarters to the White House. The couple’s net worth, as reported by Forbes, has been significantly bolstered by their legal careers and property investments. In 2012, Harris and her sister sold their late mother’s condo in Oakland, fetching $710,000 (£550,000). Following her vice-presidency, Harris sold her San Francisco apartment for $860,000 (£662,000). Emhoff, on the other hand, was reportedly earning around $1 million (£770,000) annually as a lawyer.

Doug Emhoff, a legal professional like Harris, was admitted to the California State Bar in 1990. He co-founded his law firm with colleague Ben Whitwell a decade later, which eventually merged with Venable LLP in 2006. Reports indicate that in 2019, he was earning an annual salary of $1 million, a substantial amount more than Harris’ income. Emhoff currently teaches law at Georgetown University, having largely reduced his legal practice spanning three decades. He specialised in media, entertainment, and Intellectual Property matters at the university. He had previously worked at DLA Piper before reportedly leaving in 2020 to prevent conflicts of interest due to the firm’s lobbying activities.

In comparison to her presidential rival Donald Trump, Kamala Harris’ net worth, though comfortable, falls far below. Trump’s estimated wealth stands at approximately $5.6 billion (£4.3 billion), placing him at 591st in the Forbes list of the world’s richest individuals. Trump’s wealth is primarily derived from real estate and his company Trump Media & Technology Group, which witnessed a significant surge in value following recent events. He owns various properties including mansions, a winery, a golf course, a private jet dubbed Trump Force One, hotels, and commercial buildings.

Regarding net worth comparisons, Harris and Emhoff’s combined fortune of $8 million (around £6.2 million) is akin to current President Joe Biden’s net worth, estimated at roughly $10 million (£7.7 million) alongside his wife Jill. Biden’s wealth stems from diverse sources such as real estate, his presidential salary, pensions, annuities, and royalties from book deals. The Obamas have witnessed a substantial growth in their fortune post their White House tenure, with their net worth now estimated at around $70 million (£54 million). Their increased wealth is largely attributed to successful book deals and a lucrative collaboration with Netflix through their production company, Higher Ground Productions, aiming to foster diversity in the entertainment industry.

In conclusion, Kamala Harris and her husband Doug Emhoff have amassed a considerable net worth through their legal careers and property investments. As the US presidential election unfolds, the spotlight is not only on Harris’ political journey but also on her financial standing in comparison to her rivals and past presidents like Joe Biden and Barack Obama. Harris and Emhoff’s financial status highlights the diverse backgrounds and successes of individuals navigating the complex landscape of American politics.