How Much Are Kamala Harris And Douglas Emhoff Worth? Forbes Reporter Reveals

7 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.

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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.

How Much Are Kamala Harris And Douglas Emhoff Worth? Forbes Reporter Reveals

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