Since his wife, Kamala Harris, took office as the Vice President, Doug Emhoff, the Second Gentleman of the United States, has been a figure of public interest. Emhoff has amassed a substantial net worth over the years as an accomplished entertainment lawyer.
This article will investigate Doug Emhoff’s net worth as of 2024, including his career, investments, and the influence of his position as the Second Gentleman on his financial status.
What is Doug Emhoff’s Net Worth and salary?
Douglas Emhoff, an American lawyer, possesses a net worth of $6 million, as per reports of Celebrity Net Worth. Doug Emhoff was elected as the second gentleman of the United States in November 2020, following the election of his wife, Vice President Kamala Harris, and Joe Biden.
It is noteworthy that he is the first gentleman in the history of the United States and the first Jewish spouse of a vice president. Emhoff previously was managing director for the West Coast offices of the law firm Venable.
Doug Emhoff’s Property
Before mortgage liabilities, the combined estimated valuation of Kamala and Doug’s three homes is $8 million. Doug Emhoff purchased a residence in the Brentwood neighborhood of Los Angeles for $2.7 million in 2012, two years before their marriage. This residence is currently valued at approximately $5 million, as indicated by comparable neighborhood sales.
Kamala acquired a condominium in San Francisco for $490,000 in 2004. In the same year, she assumed the role of the first black District Attorney in California.
Currently, the value of this property is approximately $1 million. In 2017, Kamala and Doug acquired a condominium in Washington, D.C. for $1.775 million. Currently, the value of this property is approximately $2 million.
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Financial Disclosures
Kamala Harris’ net worth was approximately $3.31 million at the time of her 2015 Congressional finance disclosure. Douglass is responsible for the overwhelming majority of her net worth. Kamala’s total worth is approximately $400,000. Kamala and Douglas earned $1.89 million in 2018, as indicated by a tax disclosure she released in 2019.
Kamala’s Senate salary accounted for approximately $157,000 of the $1.89 million. Her memoir “The Truths We Hold” generated approximately $320,000 in royalties from book sales. Emhoff’s law partnership draw provided the remaining $1.89 million, which is approximately $1.4 million.
They remitted $700,000 in taxes. Since their marriage in 2014, Harris and Emhoff have submitted their taxes jointly. During that period, they have remitted $2.2 million in federal taxes.
Their family controls assets valued at $2.5 to $6 million and approximately $3 million in liabilities, primarily in the form of mortgages, as indicated by the most recent financial disclosure form released by Kamala Harris.
Mutual funds and retirement accounts comprise the majority of their liquid assets. In April 2023, Doug and Kamala disclosed their 2022 tax return. The filing indicated that they generated a total income of $456,918 in 2022.
They paid $93,000 in federal income tax and $17,600 in California income tax. Doug and Kamala disclosed their 2023 tax return in April 2024. In 2023, they generated a total income of $450,299, as indicated by the filing. They were required to pay $88,570 in federal income tax.
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