Presidential salaries are relatively modest when compared to the earnings of Wall Street tycoons. While many presidential candidates enter office with the intention of serving the country, Vice President Kamala Harris does not solely rely on the salary associated with her governmental roles, as she has accumulated significant personal wealth.
According to estimates by Forbes, Kamala Harris, along with her husband Doug Emhoff, has a combined net worth of $8 million. Unlike Donald Trump, whose wealth remains a topic of debate due to limited financial disclosures, Harris has been more transparent about her finances. During her 2020 presidential campaign, she released 15 years of personal tax returns, exceeding the disclosure of her contemporaries, except for President Biden.
Harris’s net worth is largely attributed to sources outside of her political career. As Vice President, she earns an annual salary of $235,100, which is slightly higher than her previous earnings as San Francisco’s district attorney and lower than her salary as a senator, which was $174,000. Additionally, her publications have contributed more than $500,000 in royalties to her wealth.
The significant contributor to Harris’s financial standing is her property in Los Angeles. Purchased in 2012 for $1 million, the home’s value has increased to $4.4 million as of 2021, as reported by Forbes. Sharing financial assets with her husband Doug Emhoff has also been beneficial; Emhoff earned over a million dollars annually as an entertainment lawyer in 2019.
The couple’s investments, cash holdings, and retirement funds are valued between $2.9 million and $6.6 million, according to financial disclosures filed in May 2024, as noted by Barron’s. Harris’s career in public service has also secured her two pensions valued at just under $1 million, according to Forbes.