Potential Interim NYC Mayor Jumaane Williams has an estimated net worth of $1 million!
Following Thursday’s five-count federal indictment of NYC Mayor Eric Adams, all eyes are now focused on New York City Public Advocate Jumaane Williams, who would assume the position of acting mayor.
If Eric Adams were to step down or be forced out of office in the future, the line of succession for mayor of the Big Apple would go to Jumaane Williams.
At 10:27 AM on a normal Thursday workday, NYC Public Advocate Jumaane Williams is tweeting about the Knicks. His annual salary is $184,800 per year. He is provided with a chauffeured car and has full time NYPD bodyguards.
— Sam E. Antar (@SamAntar) April 27, 2023
Tagging @nycpa, @JumaaneWilliams as a courtesy. https://t.co/gWaIGf5exw
While it is evident that Jumaane Williams will gain power once he becomes a power, his salary and net worth will also spike, jumping from $184,800 per year to $258,750 per year.
According to various online reports, his estimated net worth currently ranges between $500k and $1 million.
Jumaane Williams does not exactly have smooth sailing regarding legal fees and taxes!
Unlike his smooth political progression, there are several public financial records and reports of Jumaane Williams online that are full of ups and downs.
Back in 2008, Williams owned an Earth Tonez Cafe in Brooklyn’s Park Slope neighborhood that closed before the end of the year. As per the New York Post, health inspectors found eleven violations at his vegetarian place.
Some of the violations were insects in the kitchen, a missing toilet seat, and no valid food service permit. Eventually, they shut down the place before the year-end, and as per reports, it had over $10,000 in state taxes till 2018 and reportedly dropped to $2,151.03 by 2021.
Furthermore, he reportedly still owed a loan of $625,000 in 2018, which he took out to finance the vegan sandwich shop. Jumaane Williams lent $389,600 in 2006 through an adjustable-rate mortgage on his two-family home in Canarsie.
1-wk later #DNC photo dump!!!
— Jumaane Williams (@JumaaneWilliams) August 29, 2024
You need a HUGE tent to beat Trump & friends. From Left to Right & even Republicans. That's what we got last week
Huge tent with messages of joy over hate
Yup, still some real issues but:
– Beat existential threat on 10/5
-Rumbling again on 10/6 pic.twitter.com/DCldIjfOz8
However, he stopped paying the debt in 2010 and was later sued by Bank of America for foreclosure in 2014.
By 2020, his Brooklyn house that already went into foreclosure had $1,462.03 in delinquent water and sewer charges.
On the other hand, Jumaane Williams earned a stable salary of $148,500 a year as a City Councilman in 2018.
He ran in the 2019 special election for New York City Public Advocate and won. Since then, he has been earning $184,800 per year.
Moreover, according to the 2021 Electronic Financial disclosures, Jumaane Williams earned $100,000 to $249,999.99 and had a rental income of $5,000 to $49,999.99. The report also stated that his Brooklyn residence had a market value of $500,000 or more.
Besides that, Williams had securities worth $8,500 and a deferred compensation plan worth around $5,000 to $49,999.99.
So, considering all of those numbers, Jumaane Williams might have a net worth of $1 million.
Additional Information
- Jumaane Williams has been serving as NYC’s public advocate since winning the special election in 2019. Even before that, he was a member of New York City Councilman from the 45th district from 2010 to 2019.
- He was born on May 11, 1976, in New York City, U.S., and has a wife, India Sneed, with whom he welcomed a baby daughter.
- According to the New York Post, Williams got over 27 speeding tickets from 2013 to 2020.
