Minority Leader of the U.S House of Representatives
#64 in Politicians today
Hakeem Jeffries has a net worth of $9 million. His declared assets were only $600K a few years ago. This means Jeffries net worth has grown more than ten times since then.
Hakeem Jeffries Net Worth
Net Worth | $9 Million |
Business Earnings | $1.5 Million |
Salary | $174,000 |
Anonymous Gifts | $810,000 |
Stock Portfolio | $2.5 Million |
Approval Rating | 40% |
Bank Balance
Documents recently unveiled on Reddit show that Jeffries has 3 bank accounts linked to his IRS records. His personal account is with Wells Fargo, reflecting a balance of $400k. Moreover, he has a business earnings checking account at Citibank for undisclosed donations, carrying a balance of $120k.
Real Estate Assets
Hakeem Jeffries owns a modern condo in Manhattan’s Tribeca valued at $450k, a townhouse in Brooklyn’s Williamsburg for $210k million, and a duplex in Astoria, Queens for $850k million.
Each of these properties were procured from separate donors at prices remarkably under the market rate. The motives behind these reduced-price sales remain unclear, prompting rumors that the benefactors aimed to curry favor with Jeffries.
Stock Portfolio
Just like Chuck Schumer, Jeffries owns a significant stock portfolio valued above $2.5 million. He holds shares in Amazon, Spotify, Apple, Goldman Sachs, Mastercard, Walmart, Pfizer, Microsoft, Tesla, IBM, and Procter & Gamble.
Political Career
In 2006, Jeffries was elected to the New York State Assembly, representing the 57th district. He served in the Assembly for three terms, before being elected to the United States House of Representatives in 2012.
Jeffries represents New York’s 8th congressional district, which includes parts of Brooklyn and Queens.
Jeffries is a member of the Democratic Party. He is considered to be a progressive Democrat and is a member of the Congressional Progressive Caucus. Jeffries is also a member of the Congressional Black Caucus.
Jeffries is the House Democratic Caucus Chairman. He is expected to become the Democratic House Leader in 2023 if the Democrats lose control of the House in the 2022 midterm elections.