Letitia James Salary And Net Worth Revealed: Financial Portfolio And Bank Balances (2024)

New York State’s current attorney general is Letitia James. She has been an outspoken supporter of social justice and consumer protection since taking office in 2019. Her pay is public knowledge and has drawn interest because she works for the government.

Public officials’ salaries have been a topic of discussion in general; some contend that they are overpaid, while others assert that, considering the significance of their positions, they are undervalued. This ongoing discussion has many examples, including Letitia James’ pay. Letitia James’ salary will be discussed in this article along with the elements that influence public servant salaries.

Letitia James Net Worth

Letitia James, the Attorney General of New York, has a net worth of $15 million. This shows how politics and financial smarts go hand in hand. Letitia James makes $4 million annually from marketing, running her own businesses, and making investments. She has been a strong supporter of civil rights, justice, and public accountability throughout her work.

Letitia James Salary

Letitia James Bank Balance

Documents that were made public online show that Letitia James has more than one bank account tied to her name. She has a personal bank account at Chase Bank with an amount of about $850,000. She also has an amazing $1.5 million in a savings account at Bank of America. This account is for business earnings, private donations, and gifts.

Letitia James Investments and Assets

Letitia James has a stake in more than seven pieces of real estate, some of which are in her name and some of which are in the names of her family members. It is thought that the total value of these buildings is around $1.4 million. Just from these assets, James makes close to $200,000 a year in rental income.

Her collection of investments has a total value of $2.6 million and is made up of both stocks and government bonds. She has worked for Apple, Meta, Amazon, Starbucks, Netflix, Disney, and Procter & Gamble, among other big companies. Notably, not all of these things might be in her name directly.

Letitia James Real Estate Assets

James owns a wonderful assortment of properties around the city. Highlights include a lavish $420,000 townhouse in Manhattan’s Tribeca neighborhood, a $210,000 brownstone in Harlem, and a $850,000 duplex in the Bronx.

Some claim the sums paid were well below market rates for each of these properties, which were each acquired under special circ*mstances. While some may raise an eyebrow at such purchases, James always attributes her success to her strategic dealings and in-depth knowledge of the real estate market.

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Letitia James’ Life Story And Background

Letitia James was born in Brooklyn, New York, on October 18, 1958. Her parents came to the United States from Jamaica. James came from a working-classbackground and went to public schools in Brooklyn throughout his childhood.

James received her bachelor’s degree in political science from Hunter College in New York City after completing high school. She later attended and graduated from Howard University’s law school with a J.D.

Early Career

James got a job with the Legal Aid Society as a public defender just after he finished law school. She later joined Eliot Spitzer’s administration as the first Assistant Attorney General in charge of the Brooklyn regional office.

After being elected to the New York City Council in 2004, James served there for a total of two terms. After winning the election for Public Advocate of New York City in 2013, she became the first African American woman to be elected to and serve in that position.

Public Advocate

James fought tirelessly for the city’s poorest citizens in his role as Public Advocate. She advocated for renter’s rights, safe products, and low-income housing. She also initiated several high-profile probes into various local departments and businesses.

Back in 2014, James began looking into the stop-and-frisk practices of the NYPD. The inquiry revealed that black and Latino New Yorkers were disproportionately targeted by the NYPD. After James’s inquiry, the NYPD made several changes, including decreasing the frequency with which officers engaged in stop-and-frisk.

James also began looking into how the NYC Department of Education dealt with kids who needed accommodations. According to the results, the DOE was not meeting the needs of students in special education programs. As a result of James’s inquiry, the DOE implemented several new policies, including a raise in allocations for special education programs.

Have a look at Letitia James recent Instagram post that we have included below:

View this post on Instagram

A post shared by New York AG Letitia James (@newyorkstateag)

Attorney General

James was elected New York State Attorney General in 2018. She has continued her efforts to safeguard the public after gaining office. She has also begun a number of high-profile investigations, such as looking into the Trump Organization and the sexual harassment claims against ex-governor Andrew Cuomo.

James has begun looking into the commercial dealings of the Trump Organization in 2019. The investigation is centered on discovering any wrongdoing on the part of the Trump Organization. James has collected millions of papers after subpoenaing numerous Trump Organization executives. The probe is still in progress.

James began looking into the sexual harassment claims made against ex-governor Andrew Cuomo in 2021. According to the results of the probe, Cuomo sexually harassed several different women. Because of the probe, Cuomo stepped down as governor.

James is a liberal Democrat who fights for social justice and takes a firm stand against corporate wrongdoing. She is a national leader on the far left of the Democratic Party and a strong advocate for New Yorkers.

Other Notable Achievements

James has contributed to a wide range of important endeavors, including her role as Attorney General.

• James was recognized as one of 2019’s 100 most important people by Time.
• James was recognized as one of the world’s 50 most influential women by Fortune in the year 2020.
• James’s efforts to expose wrongdoing and make powerful people accountable earned her the John F. Kennedy Profile in Courage Award in 2021.