Laphonza Butler has established herself as a powerful figure in both the labor union and political spheres, and her financial standing reflects the impact of these roles
From her leadership at SEIU Local 2015 to her recent position as a California Senator, Butler’s income streams have been varied and significant.
As Andomoney, my goal is to provide you with an in-depth look at Laphonza Butler net worth and the key factors contributing to her wealth, such as her salary from labor leadership roles, her consulting career, and her real estate holdings.
Let’s dive into the details and explore what makes her financial journey stand out.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Laphonza Romanique Butler |
| Popular Name | Laphonza Butler |
| Gender | Female |
| Birth Date | May 11, 1979 |
| Age | 45 |
| Parents | Father passed away when she was 16 |
| Siblings | Youngest of three children |
| Birthplace | Magnolia, Mississippi, USA |
| Nationality | American |
| Ethnicity | African American |
| Education | Bachelor’s in Political Science, Jackson State University |
| Marital Status | Married |
| Spouse | Neneki Lee |
| Children | One daughter |
| Dating | N/A |
| Net Worth | Between -$670,972 and $559,999 (2024) |
| Source of Wealth | Labor unions, politics, consulting |
| Height | N/A |
What is the Net Worth of Laphonza Butler in 2024?
Laphonza Butler’s net worth in 2024 is estimated to be between -$670,972 and $559,999. Her financial standing has been shaped by her leadership roles in labor unions and her political career.
Her income has also been supplemented by consulting work for notable figures like Kamala Harris and companies like Uber. However, her net worth places her in a unique position compared to her peers in politics.
Some of the individuals closely related to Laphonza Butler’s net worth include:
- Kamala Harris
- Gavin Newsom
- Adam Schiff
- Barbara Lee
- Katie Porter
- Airbnb
- Uber
- Hillary Clinton
- SEIU Local 2015
- Jackson State University
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Laphonza Butler Salary and Finance Overview
Her Role in SEIU Local 2015 and Its Impact on Her Income
Laphonza Butler’s career in the labor union movement began with her work as a union organizer, and it reached a peak when she became the president of SEIU Local 2015. This position formed the foundation of her income, providing her with a steady salary that significantly contributed to her wealth.
During her time as president, Butler was heavily involved in boosting the minimum wage and advocating for workers’ rights. These efforts not only solidified her position as a key figure in the labor movement but also helped her earn a substantial income that would later serve as the bedrock of her financial portfolio.
Income from Political Career as a California Senator
Laphonza Butler’s political career began with her appointment as a California Senator in 2023. Her salary as a Senator, which stands at $174,000 annually, is a crucial part of her overall financial status.
Although her time in the Senate has been relatively short, it has provided her with a stable income stream that contributes to her net worth.
Consulting and Advisory Work That Boosted Her Income
In addition to her leadership roles in the labor movement and politics, Butler has taken on consulting work that has contributed significantly to her income.
Notably, she provided strategic advice for Kamala Harris’s 2020 presidential campaign. She has also worked with companies like Uber and Airbnb, helping them navigate complex relationships with organized labor.
This consulting work, particularly her role in guiding these companies through challenging labor issues, has allowed her to diversify her income streams and boost her overall financial standing.
Real Estate Investments and Property Holdings
Real estate plays an important role in Butler’s financial portfolio. She owns a single-family residence in Los Angeles, which is valued between $1 and $5 million. This property not only provides her with a solid asset but also represents a key investment in her financial future.
Stock Investments and Retirement Accounts
In addition to her real estate holdings, Butler has also diversified her assets through stock investments and retirement accounts. She holds a variety of mutual funds and ETFs, which provide her with a reliable source of passive income.
Furthermore, her retirement accounts ensure that she has a solid financial foundation for the future. These investments, while not as large as her real estate holdings, play an important role in securing her long-term financial stability.
Financial Assets and Bank Deposits
Butler has made significant efforts to manage her finances wisely. She holds bank deposits in Navy Federal Credit Union and Bank of America, with amounts ranging between $150,000 and $350,000.
These deposits contribute to her financial liquidity, ensuring she has accessible funds for both personal and professional needs.
FAQs About Laphonza Butler
How did she build her wealth?
She built her wealth primarily through leadership roles in labor unions, consulting work, and her political career.
What is her salary as a California Senator?
Her salary as a California Senator is $174,000 annually.
What consulting work has Laphonza Butler done?
She has provided consulting and advisory services to Kamala Harris, Uber, and Airbnb.
What are her real estate holdings?
She owns a single-family residence in Los Angeles, valued between $1 and $5 million.
Where does she keep her bank deposits?
She holds deposits in Navy Federal Credit Union and Bank of America, with amounts ranging between $150,000 and $350,000.
What is her relationship with Kamala Harris?
She has been a long-time ally and served as an advisor for Kamala Harris’s 2020 presidential campaign.
Who is Laphonza Butler married to?
She is married to Neneki Lee.
Conclusion
I hope this article provided valuable insights into Laphonza Butler’s financial journey. Don’t forget to leave a comment, share, or explore more content on our website, andomoney.com.
