As a former Governor of New York, Andrew Cuomo earned significant income from his political roles and media endeavors. His wealth was influenced by a variety of factors, including book royalties, real estate, and salary.
In this article, I’ll explore Andrew Cuomo net worth, examining his career, salary, and other financial details that contribute to his impressive wealth.
Quick Facts
FACT | DETAIL |
---|---|
Real Name | Andrew Mark Cuomo |
Popular Name | Andrew Cuomo |
Gender | Male |
Birth Date | December 6, 1957 |
Age | 66 |
Parents | Mario Cuomo, Matilda Cuomo |
Siblings | Chris Cuomo, Madeline Cuomo, Maria Cuomo Cole, Margaret I. Cuomo |
Birthplace | Queens, New York City, U.S. |
Nationality | American |
Ethnicity | Italian-American |
Education | Fordham University, Albany Law School |
Marital Status | Divorced |
Spouse | Kerry Kennedy (m. 1990–2005) |
Children | Mariah Kennedy Cuomo, Michaela Kennedy-Cuomo, Cara Kennedy-Cuomo |
Dating | Sandra Lee (2005–2019) |
Net Worth | $3 million (2024 estimate) |
Source of Wealth | Politics, Book Royalties, Real Estate |
Height | 5 ft 11 in (1.80m) |
What is the Net Worth of Andrew Cuomo in 2024?
As of 2024, Andrew Cuomo’s net worth is estimated at $3 million, mainly accumulated from his political career and book royalties.
Andrew Cuomo earned a significant income as the Governor of New York, but his wealth was further boosted by lucrative book deals, including $5 million from his 2020 memoir.
Compared to other public figures, Cuomo’s net worth is modest, but it reflects years of service and strategic financial moves.
Some figures in politics and business have much higher fortunes, providing an interesting contrast.
Related figures:
- Mario Cuomo
- Chris Cuomo
- Bill Clinton
- Sandra Lee
- Kerry Kennedy
- Larry Hogan
- Asa Hutchinson
- Cynthia Nixon
- Carl Paladino
- Hillary Clinton
For more comparisons, explore who ranks among the wealthiest in politics.
Andrew Cuomo Salary and Finance Overview
His Earnings from Political Roles
Andrew Cuomo‘s political career spanned decades, with the most notable role being Governor of New York from 2011 to 2021. During this time, he earned an annual salary of $200,000, a standard figure for governors.
Prior to this, Cuomo served as Attorney General of New York, with significant earnings tied to that position as well.
In total, his time in public office helped him accumulate a sizable portion of his wealth, although it is relatively lower than some of his contemporaries.
Book Royalties and Writing Career
A key contributor to Cuomo’s net worth is his success as an author. In 2020, his book American Crisis: Leadership Lessons from the COVID-19 Pandemic brought him $5 million, making up a significant portion of his wealth.
In previous years, he earned $650,000 from another book, All Things Possible, although its sales were far lower. These book deals reflect how Cuomo’s public persona helped translate into financial success.
Real Estate Investments and Assets
Andrew Cuomo’s real estate holdings also play a role in his financial profile. He owned property in Westchester County, New York, which he shared with his former partner, Sandra Lee.
Real estate investments are commonly a smart financial move for politicians, offering both personal residence and financial growth opportunities.
Financial Benefits from Public Appearances
Beyond political earnings, Andrew Cuomo has also benefitted from public speaking engagements and media appearances.
Events such as presiding over Billy Joel’s wedding showcase Cuomo’s involvement in high-profile circles, which opens the door to other financial opportunities.
Family Influence on His Wealth
As a member of the Cuomo family, Cuomo’s career and wealth have been influenced by his lineage. His father, Mario Cuomo, served as the Governor of New York before him, establishing the family’s political legacy.
His brother, Chris Cuomo, is also a notable public figure, contributing to the family’s collective financial standing.
The Cuomo family’s prominence has undeniably opened doors for Andrew, which likely influenced opportunities that impacted his financial gains.
Infrastructure Development Impacting His Wealth
During his governorship, Cuomo oversaw major infrastructure projects such as the Governor Mario M. Cuomo Bridge and the Second Avenue Subway.
While these projects did not directly contribute to his personal wealth, they enhanced his reputation as a leader capable of significant achievements. This influence indirectly impacted his ability to secure lucrative book deals and speaking engagements.
How He Managed His Financial Wealth Over Time
Andrew Cuomo’s financial trajectory shows a steady growth over time, largely due to careful management of his political earnings and book royalties.
His financial disclosures revealed that by 2013, his net worth ranged from $1.75 million to $3 million, a range that has remained relatively consistent, thanks to smart financial decisions.
Despite controversies in his later career, Cuomo maintained control over his finances, with notable donations such as $500,000 to charity from his book earnings.
Awards and Achievements that Bolstered His Wealth
Throughout his career, Cuomo received multiple awards and accolades, particularly during the COVID-19 pandemic.
His leadership was initially praised, which brought national attention to his work and undoubtedly played a part in securing his $5 million book deal.
While some of these achievements came with criticism, they also helped raise his profile, leading to additional financial opportunities.
FAQs About Andrew Cuomo
What was Andrew Cuomo’s role in New York politics?
He served as the Governor of New York from 2011 to 2021 and Attorney General of New York from 2007 to 2010.
How did he earn his book royalties?
His major earnings came from his 2020 memoir, American Crisis, with a $5 million book deal.
What major infrastructure projects did he oversee?
He was involved in the Governor Mario M. Cuomo Bridge and the Second Avenue Subway.
Did Cuomo make donations from his book earnings?
Yes, he donated $500,000 of his book proceeds to charity.
How many children does Andrew Cuomo have?
He has three daughters: Cara, Mariah, and Michaela.
Who were his political opponents?
His main opponents in gubernatorial races were Carl Paladino and Cynthia Nixon.
What was Andrew Cuomo’s relationship with Sandra Lee?
Cuomo dated TV host Sandra Lee from 2005 to 2019, and they lived together in Westchester County.
Conclusion
I hope this overview of Andrew Cuomo’s net worth and financial history has given you a clearer picture. Like me, you can follow more in-depth celebrity financial insights on andomoney.com. Feel free to leave comments or share this article!