• 6 months ago
It was a mixed year for Vice President Kamala Harris, income-wise. Book royalties, plus some investment income, added to her $235,000 salary. Forbes money in politics reporter Kyle Mullins joins "Forbes Newsroom" to discuss.

Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:

https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript


Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Transcript
00:00 What can you say then about their fortune as a couple?
00:03 How much does Forbes estimate that this couple is worth?
00:08 Forbes last estimated that Kamala Harris and Doug Emhoff together are worth about $7 million
00:13 in 2021.
00:14 That was the last time we estimated their fortune, but with this newest financial disclosure,
00:18 I'm actually working on updating that estimate.
00:20 So I should have a little bit more for you shortly on that.
00:23 And I'm sure we will talk about that once you have that.
00:26 But you did note that they have two to five million dollars in investments.
00:31 What else?
00:32 Any other notable assets make up the seven million?
00:36 The other big number in there that's I think notable here is a multimillion dollar house
00:40 in Los Angeles.
00:41 It was Emhoff's house before the two of them got married.
00:44 And it's a very nice house in the Brentwood neighborhood.
00:48 They have a mortgage on that as well that deducts some of the overall net value, but
00:52 still still worth multiple millions of dollars.
00:55 They sold.
00:56 Kamala Harris had a D.C. apartment and she also had an apartment in San Francisco, which
01:00 is where she grew up in the Bay Area.
01:03 She sold both of those in 2021 when she became vice president.
01:06 So outside of that big real estate, she doesn't have much else.
01:10 She does, I should note, have a couple of pensions and that from her time as in local
01:15 state and federal government.
01:17 So how does her net worth stack up to President Joe Biden's?
01:23 They're in the same ballpark.
01:24 Joe Biden and Jill Biden are worth about 10 million dollars per Forbes's last estimate.
01:30 We also got Joe Biden's financial disclosure, latest financial disclosure last week, and
01:34 I assume we might be updating that valuation shortly.
01:36 My colleague Zach Everson is working on that now.
01:39 So but, you know, seven million dollars, 10 million dollars.
01:42 They're in the same ballpark.
01:43 Seven million dollars, 10 million dollars.
01:46 That's not that bad, but I don't think they're in the same ballpark as Biden's predecessor,
01:50 Donald Trump.
01:51 How do they stack up to him?
01:55 They're in the same state as former President Trump.
01:58 I checked our live billionaire tracker on Forbes.com just before hopping on here, and
02:03 we have him at six point nine billion dollars today.
02:06 So way, way ahead of Harris and Biden.
02:09 That's actually down about 500 million dollars from yesterday.
02:13 True Social had a rough day on the stock market.

Recommended