Comparing the Finances of Kamala Harris and Donald Trump
Unlike Harris, Trump has never disclosed his tax returns often downplaying or contesting estimates of his net worth.
By: Tupaki Desk | 4 Nov 2024 1:00 PM GMT
Kamala Harris and Donald Trump have vastly different financial backgrounds shaped by contrasting careers and disclosure practices. Harris has spent most of her career as a lawyer in government including roles as a public defender, California Attorney General, U.S. Senator, and Vice President. Her net worth which Forbes estimates at around $8 million largely grew after her 2014 marriage to Doug Emhoff, a private lawyer with a significant income.
Harris and Emhoff's financial holdings include a multimillion-dollar home in Los Angeles and over $2 million in diversified investments. In recent years, their income decreased as Emhoff transitioned from private practice to teaching law. In 2023, their total income was $450,299, with Harris earning a salary of $284,600 as Vice President. Harris is transparent about her finances and has regularly shared her tax returns.
In contrast, Donald Trump's wealth has long been a subject of debate. Unlike Harris, Trump has never disclosed his tax returns often downplaying or contesting estimates of his net worth. According to Bloomberg, Trump's net worth as of 2024 is about $8 billion much of it tied to his 115 million shares in Trump Media & Technology Group (TMTG), the company behind Truth Social. Additionally Trump owns up to $5 million in the cryptocurrency Ethereum. His earnings include revenue from Mar-a-Lago and royalties from licensing deals but his finances are impacted by substantial debts from ongoing legal cases and judgments.
