Eric Adams Net Worth 2024, Assets, Political Career
Eric Adams is an American politician currently serving as the 110th Mayor of New York City hold a Net Worth of $16 million as of 2024.
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Before becoming mayor, Adams was a member of the New York State Senate from 2007 to 2013, representing Brooklyn's 20th Senate District. He then served as Brooklyn Borough President from 2014 until his mayoral election in 2021.
Adams joined the New York City Police Department (NYPD) in 1984, where he served for 22 years, rising to the rank of captain. He was known for his advocacy within the department, pushing for reforms to address issues like police brutality and racial profiling.
Eric Adams Net Worth 2024
Eric Adams, the Mayor of New York City, has a reported net worth of $16 million as of 2024. Adams reportedly generates significant additional income from lobbying efforts and various business ventures, contributing to his total annual income of $4 million. Adams earns $258,750 annually as the Mayor of New York City.
| Name | Eric Adams |
| Net Worth | $16 million |
| Income Per Year | $4 million |
| Salary | $258,750 |
| Source of Wealth | Politician |
Eric Adams Real Estate and Assets
He owns a four-unit townhouse in Bedford-Stuyvesant and a one-bedroom co-op in Crown Heights, each valued between $250,000 and $500,000.Adams holds a two-bedroom co-op in Fort Lee, valued between $500,000 and $1 million. He owns two apartments worth $2.1 million and a luxury villa.
Eric Adams House and Cars
New York State Senate: Elected in 2006, Adams served in the New York State Senate, where he was an advocate for criminal justice reform, public safety, and other progressive causes. As the Brooklyn Borough President, Adams focused on public health, economic development, and community engagement, earning a reputation as a pragmatic leader.
Adams is known for his luxury car collection, which includes ten vehicles. His latest acquisition is a $120,000 Mercedes-AMG E63. Other vehicles in his collection include a Porsche Panamera, BMW M5, Audi RS7, Lexus LC 500, and Lincoln Continental.
Adams won the Democratic primary for mayor in 2021 and subsequently won the general election, becoming the city's second Black mayor. His mayoral platform focused on public safety, affordable housing, and economic recovery post-pandemic.
As mayor, Adams has emphasized the importance of public safety, often advocating for the use of technology and data to improve law enforcement efficiency. He has also focused on addressing homelessness, mental health, and economic inequality in New York City.
Adams is known for his centrist positions within the Democratic Party, balancing progressive ideals with practical governance. His administration has faced challenges, particularly in dealing with crime rates and housing issues in the city.
Currently, Adams resides in a 4-bedroom luxury penthouse in New York with a view of Central Park. He purchased this property for $4.7 million, significantly below its original $10 million value, with assistance from a wealthy Democrat supporter.
Eric Adams Political Career
Adams grew up in a working-class family and had a challenging upbringing. He has often spoken about his experiences with poverty and being a victim of police brutality, which later influenced his career in law enforcement and politics.
Law Enforcement: Adams joined the New York City Police Department (NYPD) in 1984, where he served for 22 years, rising to the rank of captain. He was known for his advocacy within the department, pushing for reforms to address issues like police brutality and racial profiling.
Elected in 2006, Adams served in the New York State Senate, where he was an advocate for criminal justice reform, public safety, and other progressive causes.As the Brooklyn Borough President, Adams focused on public health, economic development, and community engagement, earning a reputation as a pragmatic leader.
Mayor of New York City: Adams won the Democratic primary for mayor in 2021 and subsequently won the general election, becoming the city's second Black mayor. His mayoral platform focused on public safety, affordable housing, and economic recovery post-pandemic.
As mayor, Adams has emphasized the importance of public safety, often advocating for the use of technology and data to improve law enforcement efficiency. He has also focused on addressing homelessness, mental health, and economic inequality in New York City.
Adams is known for his centrist positions within the Democratic Party, balancing progressive ideals with practical governance. His administration has faced challenges, particularly in dealing with crime rates and housing issues in the city.
