The former ambassador to Japan, chief of staff to former President Barack Obama, and potentially the next Democratic candidate in the 2028 elections. Here’s Rahm Emanuel’s net worth in 2025.
Who is Rahm Emanuel?
Born on November 29, 1959, in Chicago, Rahm Emanuel is an American politician, diplomat, and former banker. He first came to prominence as a senior advisor to President Bill Clinton. From 2003 to 2009, he represented Illinois’ 5th congressional district in the U.S. House of Representatives, and in 2009, he became former President Barack Obama’s first White House Chief of Staff. He also served as the U.S. ambassador to Japan from 2022 to 2025.
Recently, some rumors have spread that Emanuel might possibly be running for president in 2028, with even Nancy Pelosi betting on it.
Rahm Emanuel’s net worth
Note that these numbers reflect the state of Emanuel’s portfolio in 2023. The filings for 2024 have not been submitted, as Emanuel is not in office anymore. Accordingly, it’s not quite possible to determine his exact net worth at the time of writing.
Disclaimer: Estimating a U.S. Senator’s net worth is challenging because disclosure forms do not mandate exact values. Instead, they report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more.
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Rahm Emanuel’s assets and investments
How did Rahm Emanuel make his money? According to the reports he filed with the U.S. Office of Government Ethics, he’s got quite a diverse portfolio of assets, and he serves as the head of RIE Consulting, a limited liability company, and trustee of Filer Revocable Trust, a trust company.
However, Emanuel has mostly invested in funds, such as:
- Index funds: Emanuel has invested millions in total into index funds such as the Fidelity 500 Index Fund (FXAIX) and Vanguard High Dividend Yield Index Fund (VHYAX);
- Real estate funds: Emanuel has also put a hefty sum into real estate add-value funds, like the Covenant Apartment Fund and Southwest Value Partners Fund (SWVP);
- Bonds and debt securities funds: Funds like Dodge & Cox Income Fund (DODIX) also feature on Emanuel’s list of assets.
Emanuel has also made a substantial amount of money during his career in finance and politics. For example, he reportedly made $16.2 million as a banker at Wasserstein Perella. As the U.S. Ambassador to Japan, he also made the average annual salary for an Ambassador of $184,063 per year.
The majority of Rahm Emanuel’s liabilities come from mortgages (~$1–$5 million) and capital commitments ($350,000–$850,000).
Controversies
While obviously successful, Emanuel’s career has not been without controversy. During his time as Mayor of Chicago, for example, he received a lot of criticism for how he handled the Laquan McDonald case, and he was accused of covering up for appointees facing corruption charges. What’s more, Emanuel was found guilty of breaking state law after it was discovered that he and his administration withheld government emails.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
