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2024 US Election: Net worth of Donald Trump and Kamala Harris: 8 million versus 8 billion
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2024 US Election: Net worth of Donald Trump and Kamala Harris: 8 million versus 8 billion

If polls are to be believed, the 2024 US presidential election will likely be a neck-and-neck race between former US President Donald Trump and Vice President Kamala Harris. Trump is a Republican candidate, while Harris is running as a Democrat.

With less than a week until the mega US presidential Election Day on November 5, here’s a glimpse into the wealth of the US Trump and Harris:

Donald Trump net worth

Currently, Donald Trump’s net worth is $8 billion. Accordingly ForbesThe former US President’s net worth doubled in October 2024. The wealth, which was below 4 billion dollars at the beginning of October, increased to 8 billion dollars on Tuesday, October 29.

Donald TrumpAt age 78, he is now the 357th richest person in the world, according to Forbes’ real-time billionaires tracker.

Also Read | 2024 US Elections: There is ‘imbalance’ in Trump broadcasts on TV, according to Harris report

Trump’s rise in wealth coincides with his rise in market popularity US presidential election betting market and a rally by media company Trump Media & Technology Group that lasted several weeks.

Trump Media, the parent company of Trump’s Truth Social platform, saw a nearly 9 percent gain on Tuesday and closed at $51.51 on Monday, atop a 21.6 percent gain. Trump Media & Technology Group is reportedly worth over $10 billion (market cap 9,509,898,833) – slightly more than Elon Musk’s X is worth.

Trump’s net worth doubled in October, while Trump Media’s share price more than tripled (up 249.2%) during the same period after starting October at $16.16. Shares of Trump Media, or TMTG, tend to move more on Trump’s re-election prospects than on its own profit expectations, the Associated Press reported.

Also Read | Kamala Harris attends Trump’s MSG rally, calling him ‘focused on division’

On Wednesday, Trump Media shares traded down 5 percent at $48.9 in the premarket session after closing up 8 percent at $51.51 on Tuesday.

So how much did Donald Trump inherit? An investigative report by The New York Times suggested that Donald Trump received at least $413 million from his father over time, adjusted for inflation.

Kamala Harris net worth

Kamala Harris net worth with husband Doug Emhoff currently at $8 million, According to Forbes’ estimates published in May this year. “This is roughly 20 times the average net worth of Americans in their age group,” the report stated.

The Forbes report suggested that Harris has “got richer” since becoming US vice president in 2021 (her net worth was $7 million in 2021). However, replacing US President Joe Biden in the presidential race did not affect Harris’ bank account.

Also Read | Kamala Harris unveils bold plan to redefine workforce qualifications

Harris and Emhoff I own a multimillion-dollar residence in Los Angeles. Since 2021, the value of the property is said to have increased by nearly $1 million, bringing its estimated value to $4.4 million. His other assets include cash, index funds, bonds and pensions.

In the past (2003) Harris earned around $140,000. ‘San Francisco’district attorney. This figure rose to over $200,000 in 2010. In 2016, Harris received a small salary increase to $174,000 annually as the new U.S. Senate. “When he was sworn in, he had between $250,000 and $500,000 in his savings account and a similar amount of investments in his retirement accounts, plus his pension,” Forbes reported. reported.

Also Read | 2024 US Election: Find out why Harris chose the Ellipse for the results debate

In January 2021, Kamala Harris As vice president of the United States, he received another raise to $235,000. Shortly after taking office, Harris sold her San Francisco apartment for $860,000 – $560,000 more than she paid for it 23 years ago. His DC apartment sold for $1.85 million. It was also reported that he received more than $500,000 from books he published before taking office.

What if Harris wins the US Presidential Election? If he does this, his salary will increase from $235,000 to $400,000. He will also be moving from the Vice President’s residence to the White House, where his personal finances are said to receive more attention than ever before.

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