Maxine Waters and Her Husband: A Financial Overview - 2024
As of 2024, Maxine Waters has an impressive net worth of $10 million, with a significant portion attributed to real estate assets, stock investments, and valuable possessions. Her annual income stands at $3 million, and she owns a diverse portfolio of pro
Maxine WatersNet WorthReal EstateFinancial AssetsPolitical CareerReal EstateFeb 05, 2025
Her financial portfolio includes a variety of assets, from real estate to investments and valuable possessions.
Let's delve into the details of her financial standing and the assets she and her husband, Sid Williams, have accumulated over the years.
Bank Accounts and SavingsMaxine Waters has two primary bank accounts.
Her main account is with Bank of America, holding a balance of $390,000.
Additionally, she has a savings account at Wells Fargo, designated for retirement savings, which contains $1.5 million.
These accounts serve as a solid foundation for her financial stability.
Real Estate AssetsMaxine Waters and her husband own a substantial portfolio of real estate assets valued at approximately $7.1 million.
These properties are primarily located in California and include a mix of residential and commercial assets.
Here is a detailed breakdown of their real estate holdings
- 6,000 square foot mansion in Los Angeles, Hancock Park Estimated value of $4 million.
This luxurious property is one of their primary residences.- 10-acre ranch in the Santa Monica Mountains Worth $2 million, this expansive ranch features a main house, a guest house, a barn, and several outbuildings, providing a serene getaway from the bustling city life.- Vacation home in Palm Springs A cozy retreat valued at $500,000, perfect for weekend getaways and relaxation.- Condo in Los Angeles A convenient urban living space worth $300,000, ideal for quick stays and business trips.- Several apartment buildings in Oakland These commercial properties are estimated to be worth $1 million, providing a steady stream of rental income.
Stock PortfolioWaters and her husband also have a robust stock portfolio, valued at $1.2 million.
This investment in various stocks and securities contributes to their overall financial wealth and provides additional income through dividends and capital gains.
Other ValuablesIn addition to real estate and stocks, Maxine Waters and her husband own other valuable assets, including gold and other valuables worth $800,000.
These possessions add to their financial security and diversify their asset base.
Key Points of Maxine Waters's Life and Career- Birth Maxine Waters was born on August 15, 1938, in St.
Louis, Missouri.- Education She earned a sociology degree from Los Angeles State College, now known as California State University, Los Angeles.- Early Career Waters began her career as a teacher and later worked as a Head Start volunteer coordinator, laying the foundation for her future in public service.- State Assembly In 1976, she was elected to the California State Assembly, where she served for several years.- U.S.
House of Representatives Waters was elected to the U.S.
House of Representatives in 1990 and has represented California’s 29th, 35th, and 43rd districts throughout her tenure.- Committee Role Since 2019, she has chaired the House Financial Services Committee, focusing on economic development, housing, and financial regulation.- Caucuses She is a member of the Congressional Progressive Caucus and the Congressional Black Caucus, advocating for progressive policies and minority rights.- Advocacy Maxine Waters is a vocal and influential voice on social justice issues, consistently working to advance the rights and interests of minority communities.
ConclusionMaxine Waters's financial success is a testament to her dedication and hard work both in and out of the political arena.
Her diverse portfolio of assets, including real estate, stocks, and other valuables, ensures her financial stability and provides a strong foundation for her continued public service and advocacy.
Frequently Asked Questions
What is Maxine Waters's current net worth?
As of 2024, Maxine Waters has a net worth of $10 million.
How many real estate properties does Maxine Waters own?
Maxine Waters and her husband own a total of five real estate properties, including a mansion in Los Angeles, a ranch in the Santa Monica Mountains, a vacation home in Palm Springs, a condo in Los Angeles, and several apartment buildings in Oakland.
What is the value of Maxine Waters's stock portfolio?
Maxine Waters's stock portfolio is valued at $1.2 million.
What is Maxine Waters's annual income?
Maxine Waters has an annual income of $3 million.
What are some key points in Maxine Waters's career?
Key points in Maxine Waters's career include her election to the California State Assembly in 1976, her election to the U.S. House of Representatives in 1990, and her role as Chair of the House Financial Services Committee since 2019.
Related News Articles
ASK and Sotheby’s Launch Rs 10 Billion Luxury Real Estate Fund
ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, has partnered with Sotheby’s International Realty to launch a Rs 10 billion luxury real estate fund in India.
Exploring the Goan Real Estate Market: A Detailed Insight
PANAJI: The real estate market in Goa is witnessing a dynamic shift, driven by various economic and policy changes. From residential to commercial properties, the sector is seeing significant investments and development.
Mumbai Real Estate Booms: Rishabraj Developers Acquires 3.84 Acres in Borivali for ₹539 Crore
In a significant move, Rishabraj Developers has acquired 3.84 acres of prime land in Borivali, Mumbai, for ₹539 crore. This strategic acquisition underscores the growing interest of real estate developers in the western suburbs of Mumbai, a rapidly developing area with immense potential.
Motilal Oswal Initiates 'Buy' Rating on Anant Raj; Shares Hit All-Time High
Anant Raj, a leading real estate company, saw its share price surge by 3.74% on Friday, December 20, 2024, following the initiation of a 'Buy' rating by Motilal Oswal Securities. The positive outlook has investors optimistic about the company's future per
Housing Sales Soar 7% in 2024, Reaching a 12-Year High of 3.5 Lakh Units: Knight Frank
According to Knight Frank, housing sales in 2024 rose by 7% annually to hit a 12-year high, with a total of 3,50,613 units sold across eight major Indian cities.
Mumbai Sees Significant Rise in Property Registrations During October 2024
The real estate market in Mumbai witnessed a 22% year-on-year increase in property registrations for October 2024, with a notable surge in high-value transactions. Properties priced below Rs 50 lakh saw a decline in registrations, illustrating a shift tow