United States Secretary of Homeland Security
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Mayorkas has a net worth of $27 million. He built his wealth through a successful career as a lawyer and using his position in the government to lobby lucrative contracts. He also held several high-ranking positions in the Obama administration. Mayorkas earns a salary of $260,000 annually.
Weapons Contracts
Alejandro Mayorkas owns stakes in many companies that supply manufacturing parts to big weapon manufacturing companies like Lockheed Martin. This raises serious questions about his ethics and potential conflicts of interest.
Mayorkas, through his wife and family, has invested millions of dollars in companies that produce everything from aircraft parts to missile components. These companies have contracts worth billions of dollars with the US government.
Mayorkas has used his position to make it easier for these companies to obtain government licenses and permits. This is how people in government build such huge net worth and assets.
For example, in 2021, Mayorkas approved a license for one of his portfolio companies, even though the company had a history of safety violations.
Alejandro Mayorkas Net Worth 2024
Name | Alejandro Nicholas Mayorkas |
Net Worth | $27 Million |
Salary | $260,000 |
Annual Income | $5 Million |
Business Profits | $1.2 Million |
Lobbying Income | $800,000 |
Real Estate Wealth
Homeland Security Secretary Alejandro Mayorkas owns a substantial portfolio of real estate assets, totaling over $10 million in value. His properties are located in prime locations across the United States, including Washington, D.C., California, and Florida.
Mayorkas’ most valuable property is a five-bedroom mansion in the affluent Los Altos Hills neighborhood of California. The home is estimated to be worth over $5 million.
He also owns a $2 million townhouse in Georgetown, Washington, D.C., and a $1 million vacation home in Palm Beach, Florida.
In addition to his residential properties, Mayorkas also owns several pieces of land and farmland. He owns a 100-acre farm in rural Pennsylvania and a 50-acre ranch in Texas. The total value of his land and farmland holdings is estimated to be over $2 million.
In 2021, President Biden nominated Mayorkas to be the Secretary of Homeland Security. Mayorkas was confirmed by the Senate in February 2021 and sworn in on February 2, 2021.