As one of the most talked-about figures, Stacey Abrams has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.
What is Stacey Abrams's Net Worth?
In 2006, Abrams ran for the 84th district in the Georgia House of Representatives and won the seat. She began representing the district in the 2007 session. In 2010, Abrams was named the new minority leader of the Georgia General Assembly, a position she held until the end of her House tenure in 2017. During her time as a Georgia House Representative, Abrams helped stop the largest tax increase in the state's history, worked on criminal justice reforms to reduce prison costs, and helped with Georgia's largest-ever public transportation funding package.
Following her graduation from Yale Law, Abrams worked as a tax attorney at the Sutherland Asbill & Brennan law firm in Atlanta. She focused on health care, public finance, and tax-exempt organizations during her time there. In 2002, Abrams became a deputy city attorney for the City of Atlanta.
Abrams attended Avondale High School, from which she graduated in 1991 as valedictorian. She went on to attend Spelman College, graduating magna cum laude in 1995 with a BA in interdisciplinary studies. Abrams subsequently earned a Master of Public Affairs degree at the University of Texas at Austin's LBJ School of Public Affairs, which she attended as a Harry S. Truman Scholar. After that, she obtained a Juris Doctor from Yale Law School.
In 2018, Abrams ran for governor of Georgia and won the Democratic nomination. This made her the first black woman in US history to be a major party's gubernatorial nominee. Abrams went on to win the primary and face Republican nominee Brian Kemp in the general election. As Georgia's secretary of state, Kemp had a notorious reputation for voter suppression, and his tactics allegedly resulted in his narrow victory over Abrams in the 2018 gubernatorial election. In a ruling against Kemp, district judge Amy Totenberg determined that Kemp's office had violated the Help America Vote Act.
Stacey Abrams is a Democratic politician, lawyer, author, and voting rights activist who has a net worth of $3 million. When Stacey first ran for Governor in 2018, she disclosed a net worth of $109,000. In April 2022 she released an updated disclosure that showed her net worth had grown to $3.2 million, thanks almost entirely to book royalties. She also earns income from paid speeches and around $250,000 per year as a director of the Southern Economic Advancement Project.
Stacey Abrams served in the Georgia House of Representatives from 2007 to 2017. After narrowly losing the 2018 Georgia gubernatorial election to Republican Brian Kemp due to alleged voter suppression, she founded the nonprofit Fair Fight Action to address the problem. As an author, Abrams has written both fiction and non-fiction books, many under the pen name Selena Montgomery.
Stacey Abrams was born on December 9, 1973 in Madison, Wisconsin as the second of six children of Carolyn and Robert. She was raised in Gulfport, Mississippi, where her father worked in a shipyard and her mother was a librarian. In 1989, the family moved to Atlanta, Georgia, where Abrams's parents were pursuing divinity degrees at Emory University. They eventually became Methodist ministers and moved back to Mississippi with their three youngest children while Abrams stayed in Atlanta with the other siblings.
2018 Gubernatorial Campaign
In summary, the total wealth of Stacey Abrams reflects strategic moves.
Disclaimer: All net worth figures are estimates based on public data.