ALBBAWABA - Wealth inequality among the major contenders for the 2024 U.S. presidential election is growing. Tim Walz, the Democratic vice-presidential candidate and Governor of Minnesota, is closer to the American middle class than Republican contender Donald Trump, who has a billion-dollar net worth.
Trump, Kamala Harris, J.D. Vance, and Walz vary greatly economically, according to a Washington Post investigation. The research uses detailed financial declarations of income, assets, obligations, and taxes.
Trump's $3.9 billion projected worth makes him one of the wealthiest presidential candidates. He earned $635 million in 2023 from his global hotel and golf course enterprise. Despite his riches, Trump owes over $50 million in court fees, including defamation and fraud.
After serving as a district attorney and senator, Vice President Kamala Harris has a $8 million net worth. Her marriage to attorney Douglas Emhoff, who earned over a million dollars before quitting after her election, has further increased her income.
Ohio Republican Senator J.D. Vance, running for vice president, has $10 million. His book, "Hillbilly Elegy," helped him enter venture capital and become a billionaire.
Minnesota Governor and Democratic vice-presidential candidate Tim Walz has a net worth of $1 million, which is below average for educated married men his age. Walz and his wife have no non-retirement investments. When they moved to the governor's house in 2019, they sold their home for $304,000 and do not own another property.
