Where are Letitia James' parents from?

Letitia Ann James was born on October 18, 1958, in Brooklyn, New York. She is one of eight children born to Nellie James (b. 1919, Martinsville, Virginia) and Robert James. She attended New York City public schools.

What is my portfolio net worth?

How Do I Calculate My Net Worth? Subtract your total liabilities from your total assets . Your total assets will include your investments, savings, cash deposits, and any equity that you have in a home, car, or other similar assets. Total liabilities would include any debt, such as student loans and credit card debt.

Where did Letitia James get her law degree?

Letitia James began her career as a public defender at the Legal Aid Society. A proud Brooklynite, she is a graduate of Lehman College and Howard University School of Law.

How much does a New York Attorney General make?

How much does an Attorney General make in New York? As of Jul 24, 2024, the average annual pay for an Attorney General in New York is $109,596 a year . Just in case you need a simple salary calculator, that works out to be approximately $52.69 an hour. This is the equivalent of $2,107/week or $9,133/month.

What is a balanced portfolio for a 65 year old?

In your later years, a conservative allocation of 30% cash, 20% bonds and 50% stocks might be appropriate. Diversified portfolios typically include a core of at least 50% stocks in part because equities alone offer the potential to generate long-term returns exceeding inflation.

How much does a million dollar portfolio make?

Stocks are a popular investing choice; historically, they have delivered an average yearly return of about 10%. This means that a $1 million investment in the stock market could potentially earn you around $100,000 per year in interest.

What net worth is considered rich?

In the United States, the concept of being rich is often a subject of discussion, curiosity and, sometimes, aspiration. Charles Schwab's 2023 Modern Wealth Survey provides insights into this topic, revealing that the average American equates being wealthy with a net worth of approximately $2.2 million .

Why is the southern district of New York so powerful?

About the District Today, the Office is at the forefront of many important areas of criminal law enforcement, including terrorism, white collar and cyber crime, mortgage fraud, public corruption, gang violence, organized crime, international narcotics trafficking and civil rights violations.

How long is Letitia James' term?

She assumed office on January 1, 2019. Her current term ends on January 1, 2027. James (Democratic Party, Working Families Party) ran for re-election for Attorney General of New York.

How do they become Attorney General of New York State?

Elections. New York elects attorneys general in the midterm elections , that is, even years that are not presidential election years. For New York, 2018, 2022, 2026, 2030 and 2034 are all attorney general election years.

Who is the current Attorney General of New York?

Letitia James is the 67th Attorney General of the state of New York. Letitia is the chief lawyer and law enforcement officer of the state of New York.

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.

Contents

Letitia James Net WorthLetitia James SalaryLetitia James Bank BalanceLetitia James Investments and AssetsLetitia James Real Estate AssetsLetitia James’ Life Story And BackgroundEarly CareerPublic AdvocateAttorney GeneralOther Notable Achievements

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

Net Worth	$15 Million
Annual Income	$4 Million
Salary	$103,375
Other Income	$3.9 Million
Inheritance	$20,000
Stock Portfolio	$2.6 Million

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.

Must check out some other top articles here:

Miguel Cabrera Net Worth: Explore His Rise to Baseball Glory and Financial Success
Pete Carroll Net Worth in 2023: NFL Coach Earning With Real Estate Ventures

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.