After the current United States President Joe Biden retired from the presidential race, strongly endorsing his Vice President Kamala Harris instead, the public became more interested in the Democratic presidential candidate, including how and where she invests her money.
As it happens, her 2023 financial disclosure report reveals that Kamala Harris net worth seems to stand anywhere between $2 million and $6 million, although a Yahoo! Finance piece has estimated the VP’s wealth at a much larger amount – between $6.75 million and $15.29 million.
Regardless of the specific sum, most of Harris’ fortune comes from public service salaries, book deals, and speaking engagements, but also various investments that she and her husband, Douglas Emhoff, have made, the value of which has appreciated over time.
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Kamala Harris’ investments
Specifically, among their most valuable investments are Emhoff’s bank deposit, iShares Broad USD Investment Grade Corporate Bond exchange-traded fund (ETF), iShares TR Core MSCI EAFE ETF, and a San Francisco Employees Retirement System defined benefit plan, each worth $250,001 – $500,000.
In terms of Harris’ other investments, they include two personal bank accounts, one worth between $50,001 and $100,000 and the other between $500,001 and $1 million, as well as a joint bank account with her husband, valued between $50,001 and $100,000, as well as many other possessions.
Indeed, her other assets include the San Francisco Deferred Compensation Plan (SFDCP) Large Cap Equity S&P 500 Index Fund, SFDCP Large Cap Growth Equity Fund, Vanguard Mid-Cap ETF (VO), iShares Core MSCI Emerging Markets (IEMG), iShares Broad USD High Yield Corporate Bond ETF (USHY), Vanguard Value Index ETF (VTV), and Vanguard Growth Index ETF (VUG), each valued at $100,001 – $250,000.
Kamala Harris’ properties and recent donations
Finally, the VP and her husband also own a 3,500-square-foot home in Los Angeles, purchased by Emhoff in 2012 for about $2.7 million and then transferred to Harris and Emhoff’s family trust several years later, currently worth about $5 million, per Zillow estimates.
Elsewhere, Harris has managed to pool a massive amount of money from donors – over $100 million – in a matter of days after announcing her presidential bid and, at the pace of attracting around $40,000 per minute, she could raise more than $8.5 billion for her campaign by November 5 elections.
All things considered, as the VP’s profile and engagements grew, so did her wealth, and her stock portfolio has shown positive performance across multiple investments this year, as Finbold reported on July 18. However, doing one’s own research is critical before mimicking any public person’s investing habits.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
