Profile
Mayor of New York City
#41 in Politics today
Eric Adams has a net worth of $16 million in 2024. He earns $258k per year and makes additional income from lobbying and business ventures. His net worth has increased by about 300% recently.
Eric Adams Net Worth 2024
| Net Worth | $16 Million |
| Annual Income | $4 Million |
| Mayor Salary | $258,750 |
| Anonymous Gifts | $1.5 Million |
| Stock Portfolio | $3.9 Million |
| Bank Balance | $2.6 Million |
Eric Adams Real Estate
New York City Mayor Eric Adams has a notable real estate portfolio. He owns a four-unit townhouse in Bedford-Stuyvesant and a one-bedroom co-op in Crown Heights, both valued between $250,000 and $500,000.
Outside New York, he has a two-bedroom co-op in Fort Lee, New Jersey, worth $500,000 to $1 million. Adams also owns two apartments worth $2.1 million and a villa in Florida. He often buys properties under his family’s name to avoid legal issues.
Cars
Eric Adams has always liked showing off his luxury cars. He now owns ten vehicles. His newest car is a $120,000 Mercedes-AMG E63. His collection also includes a Porsche Panamera, BMW M5, Audi RS7, Lexus LC 500, and Lincoln Continental.
Eric Adams House
Today, Adams lives in a 4-bedroom luxury penthouse in New York, which he bought for $4.7 million. The property, with a view of Central Park, originally cost $10 million, but he got it for half that price with help from a wealthy Democrat supporter. This deal has attracted a lot of attention.
Mayor of New York City
In 2021, Adams announced his candidacy for mayor of New York City. Adams was inaugurated as mayor of New York City on January 1, 2022. He is the second African-American mayor of the city, after David Dinkins.
At NYU, Adams studied political science. He graduated in 1983 and joined the New York City Transit Police. In 1985, he transferred to the New York City Police Department.