Kamala Harris by Ross D. Franklin / AP

Update (Nov. 4, 2024): Since Forbes first published this article on May 26, the country’s political landscape has been transformed. Kamala Harris, riding a wave of concern within the Democratic party regarding Joe Biden’s age and mental fitness in early July, replaced the President on the ballot in mere days. The move had no impact on her net worth; an updated financial disclosure released in September showed few changes to her personal finances in the intervening months. But this week, America will decide whether she gets the promotion she seeks. It would come with a raise—a bump from her $235,000 annual salary as vice president to $400,000 as commander-in-chief—and a move from the VP’s residence to the White House, which is certainly an upgrade. Plus, a win would likely boost her future earnings potential in the form of higher speaking fees and book advances. Whether she wins the presidency or is beat by multibillionaire Donald Trump, this year’s developments ensure that her millions in personal wealth will earn more scrutiny than ever before.

Thanks to her decades in government and a wealthy husband, Kamala Harris has built quite a nest egg—and she’s only gotten richer since becoming vice president. Forbes estimates her net worth, along with second gentleman Doug Emhoff, at about $8 million, up from $7 million in 2021. That’s roughly 20 times the median net worth of Americans in their age bracket.

One heartbeat away from the most powerful office in the world, Harris (and Emhoff) own a multimillion dollar home in Los Angeles. The rest of their assets mostly consist of cash, index funds, bonds and pensions, which the 59-year-old Harris will soon be able to access. The second couple would be even richer if they had made some different choices in recent years. Their net worth increase comes almost entirely from a jump in the value of that L.A. home, and the duo’s liquid investments do not appear to have grown significantly, despite the soaring stock market.

Harris was born in Oakland, California........

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