Maxine Waters, the U.S. representative for California’s 43rd congressional district, has amassed a significant fortune over the years.
Known for her powerful presence in politics and her commitment to social justice, Waters has earned both respect and wealth through her decades-long political career. As of 2025, Maxine Waters’ estimated net worth stands at $10 million.
Career Overview
Maxine Waters has been a prominent figure in American politics for several decades. Born on August 15, 1938, in St. Louis, Missouri, Waters has represented California’s 43rd district in Congress since 1991.
Throughout her career, she has been an advocate for African American rights, women’s rights, and economic justice, playing a significant role in shaping legislative policies.
Maxine Waters became known for her outspoken nature and progressive stance on issues such as police reform, poverty, and the empowerment of marginalized communities.
Her leadership in the Congressional Black Caucus, which she chaired from 1997 to 1999, solidified her as a key player in American politics.
Net Worth Breakdown
Maxine Waters’ wealth, estimated at $10 million, is the result of multiple income streams over the years. Here’s a closer look at her financial standing:
- Total Net Worth: $10 Million
- Annual Salary: $185,000 (as a U.S. representative)
- Business Income: $1 Million
- Family Inheritance: $2 Million
- Investments: $7 Million
- Assets: $6 Million
- Liabilities and Loans: $3 Million
Her net worth has grown consistently, reflecting her long career and diverse sources of income.
Assets & Investments
Waters’ assets are significant and diverse. She owns over five real estate properties, which contribute a substantial portion to her wealth. These include luxury homes in various locations across the U.S.
Additionally, Waters has an investment portfolio valued at approximately $7 million, consisting of stocks and other financial instruments.
Her careful investments have contributed greatly to her financial success. She also holds substantial cash reserves, totaling over $2 million across multiple bank accounts.
Salary and Income
As a member of the U.S. House of Representatives, Maxine Waters receives a base salary of $185,000 annually.
In addition to her congressional salary, she receives allowances for travel and security, including two security personnel provided for her safety.
Her income is further augmented by business earnings of approximately $1 million annually, likely stemming from public speaking engagements, consulting, and other entrepreneurial ventures.
Cars
Maxine Waters enjoys a luxurious lifestyle, and her vehicle collection reflects her taste. Some of her cars include:
- Tesla Model X ($120,000)
- Lexus ES ($135,000)
- Toyota Vellfire
- Lincoln Aviator
These cars are not only a symbol of her success but also a reflection of her commitment to environmentally friendly choices with the purchase of an electric Tesla.
House
One of the most notable assets in Waters’ portfolio is her 7,400 square-foot luxury home, located in Missouri.
This property is valued at $8 million and features all the amenities that align with her lifestyle. The luxury home is just one example of how Waters has invested in prime real estate.
