Letitia James Biography: Letitia James is the incumbent attorney general of New York State. Since assuming office in 2019, she has been an outspoken advocate for social justice and consumer protection. Because she works for the government, her salary is public knowledge and has sparked interest.
The salaries of public officials have been a topic of general discussion; some argue that they are overvalued, while others contend that, given the significance of their positions, they are underpaid. This ongoing discussion contains numerous examples, including the salary of Letitia James. This article will discuss Letitia James’ salary along with the factors that influence the salaries of public servants.
Letitia James Net Worth
Letitia James, the Attorney General of New York, has a net worth of $15 million. This demonstrates that political savvy and financial acumen go hand in hand. Letitia James earns $4 million annually through marketing, entrepreneurship, and investments. Throughout her career, she has been a staunch advocate for civil rights, justice, and public accountability.
| Net Worth | $15 Million |
| Annual Income | $4 Million |
| Salary | $103,375 |
| Other Income | $3.9 Million |
| Inheritance | $20,000 |
| Stock Portfolio | $2.6 Million |
Online documents reveal that Letitia James has multiple bank accounts associated with her name. She has a personal bank account with approximately $850,000 at Chase Bank. She also has an astounding $1.5 million in a Bank of America savings account. This account is designated for business income, private donations, and gifts.
Assets and Investments of Letitia James
Letitia James has a stake in over seven real estate properties, some of which are in her name and others in the names of her family members. The estimated total value of these structures is approximately $1.4 million. James generates close to $200,000 per year in rental income from these assets alone.
Her investment portfolio has a total value of $2,600,000 and consists of both equities and government bonds. She has worked for Apple, Meta, Amazon, Starbucks, Netflix, Disney, and Procter & Gamble, among other major companies. Notably, not all of these items may be directly in her name.
Letitia James Real Estate Assets
James possesses a wide variety of properties throughout the city. Notable properties include a luxurious $420,000 townhouse in Manhattan’s Tribeca, a $210,000 brownstone in Harlem, and a $850,000 duplex in the Bronx.
Some claim that the prices paid for each of these properties, which were acquired under unique circumstances, were substantially below market value. James always attributes her success to her strategic dealings and in-depth knowledge of the real estate market, despite the fact that some individuals may raise an eyebrow at such purchases.
Letitia James Biography And Background
Letitia James was born on October 18, 1958 in Brooklyn, New York. Her Jamaican parents immigrated to the United States. James came from a working-class family and attended public institutions throughout his childhood in Brooklyn.
After graduating from secondary school, James earned her bachelor’s degree in political science from Hunter College in New York City. She later enrolled and graduated from the law school at Howard University.
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Early Career
After completing law school, James was hired as a public defender by the Legal Aid Society. Later, she entered the administration of Eliot Spitzer as the first Assistant Attorney General in charge of the Brooklyn regional office.
James served on the New York City Council for a total of two terms after his 2004 election. In 2013, she became the first African American woman to be elected and serve in the position of Public Advocate of New York City.
Public Advocate
As Public Advocate, James fought tirelessly for the city’s weakest residents. She advocated for tenant rights, product safety, and affordable housing. She also initiated a number of high-profile investigations into local businesses and departments.
James began investigating the NYPD’s stop-and-frisk policies in 2014. The investigation revealed that the NYPD targeted black and Latino New Yorkers disproportionately. After James’s inquiry, the NYPD implemented several adjustments, including a reduction in the frequency of stop-and-frisk.
James also began investigating how the NYC Department of Education accommodated children with special needs. According to the findings, the Department of Education was not meeting the requirements of special education students. The Department of Education implemented several new policies in response to James’s inquiry, including an increase in funding for special education programs.
Attorney General
James was elected Attorney General of New York State in 2018. After assuming office, she has continued her endeavors to safeguard the public. She has also initiated a number of high-profile investigations, such as the Trump Organization and sexual harassment allegations against former New York governor Andrew Cuomo.
James has begun investigating into the commercial dealings of the Trump Organization in 2019. The investigation is focused on determining whether the Trump Organization has committed any misconduct. James has amassed millions of documents after issuing subpoenas to multiple Trump Organization executives. The investigation is ongoing.
In 2021, James began investigating the sexual harassment allegations made against ex-governor Andrew Cuomo. According to the results of the investigation, Cuomo sexually accosted multiple women. As a result of the investigation, Cuomo resigned as governor.
James is a liberal Democrat who staunchly opposes corporate misconduct and fights for social justice. She is a national leader on the Democratic Party’s far left and an ardent advocate for New Yorkers.
Other Prominent Accomplishments
James has contributed to numerous significant endeavors, including her position as attorney general.
- Time has recognized James as one of the 100 most influential individuals in 2019.
- In the year 2020, Fortune recognized James as one of the fifty most influential women in the globe.
- James earned the John F. Kennedy Profile in Courage Award in 2021 for her efforts to expose wrongdoing and hold powerful individuals accountable.
