Kamala Harris, the Vice President of the United States, has amassed significant wealth throughout her career, thanks to her public service roles, lucrative book deals, and her marriage to Doug Emhoff, a highly successful entertainment lawyer. As of 2024, Harris and Emhoff’s net worth is estimated at $8 million, an increase from $6 million in 2019, based on wealth disclosures, tax filings, and Forbes reports.
Properties and Investments
Much of Harris and Emhoff’s wealth comes from their real estate investments. In 2019, Forbes reported that the couple owned three properties: one in San Francisco, another in Los Angeles, and a third in Washington, DC. The total value of these properties was $5.8 million, before accounting for any debts. Of these, their Los Angeles home, valued at over $4 million, makes up the majority of their assets. Their other properties in San Francisco and DC also contribute, but to a lesser extent.
When Harris assumed office as Vice President in 2021, she and Emhoff relocated to the Vice President’s official residence at the United States Naval Observatory in Washington, DC. Before moving, they sold both their San Francisco apartment and their DC home, marking a significant change in their real estate holdings.
Rise in Net Worth
In 2021, just after Harris was inaugurated as Vice President, Forbes estimated the couple’s wealth at $7 million. This figure was largely attributed to Emhoff’s earnings as an entertainment lawyer, but Harris’ financial portfolio also benefited from her position as a high-profile public servant. By 2024, their combined net worth had risen to $8 million, almost entirely due to the appreciation in value of their Los Angeles property. The value of the property has soared over the years, contributing a substantial portion of their wealth.
Income and Royalties
In her role as Vice President, Kamala Harris earns an annual salary of $235,000, which is more than she earned as a US Senator, where she made $174,000, and as California’s Attorney General, where her salary was $159,000. In addition to her salary, Harris has earned considerable income from her book deals. Her memoir, The Truths We Hold, published in 2019, and her children’s book, Superheroes Are Everywhere, have been major sources of income. In her first year as Vice President, Harris earned over $450,000 in royalties from these books, further contributing to her growing wealth.
Financial Disclosure and Gifts
Harris’ 2024 financial disclosure also lists two gifts, reflecting the limited number of gifts she has received. These include tickets to a Beyoncé concert valued at $1,655 and tickets to a football game between Florida A&M and her alma mater, Howard University, valued at $1,890, both provided by ESPN. While these gifts are relatively modest compared to her wealth, they highlight her ongoing engagement with public and cultural events.
Kamala Harris’ wealth is the result of a combination of her career in public service, her successful book deals, and her strategic investments in real estate. With her net worth growing steadily, much of the increase can be attributed to the rising value of her Los Angeles home, reflecting the overall growth in the couple’s financial standing. As she continues in her role as Vice President, Harris’ wealth and assets are expected to increase further, cementing her place among the wealthiest public figures in the U.S.
