Maxine Waters is a 79 years old American politician, and a prominent member of the Democratic party, who is now currently serving as the U.S. Representative for California's 43rd congressional district since 2013.
Maxine has also remained as the U.S. Representative for California's 35th and 29th districts and is considered one of the most powerful politicians. So being a woman of such stature, we can all assume that she has earned a good sum from her profession which in turn might have resulted in a sizeable net worth.
Maxine Waters' Net Worth: $5.5 million
According to a survey in 2016, it was estimated that Maxine Waters holds a net worth of $275,505.
A report from 2017 mentioned that the politician's yearly salary to be around $170,000. She also owns a mansion in LA which is estimated to be worth $4.3 million. Therefore, her net worth as of 2018 is estimated to be around $5.5 million.
Mutual funds and savings
Maxine has invested quite a lot in investment funds, which she might be saving for her old age. The exact value of her investment is unknown but, the table below gives you an outlook of how much she has invested or saved.
|ORGANIZATION||INDUSTRY||MINIMUM VALUE||MAXIMUM VALUE|
|Merrill Lynch: Blackrock Global||Mutual Fund||$100,001||$250,000|
|Merrill Lynch: Blackrock Balanced||Mutual Fund||$100,001||$250,000|
|DWS CA Tax-Free Fund||Mutual Fund||$15,001||$50,000|
|FIA Card Services||Mutual Fund||$1||$1,000|
|One United Bank||Savings||$115,002||$300,000|
|Wells Fargo Bank||Savings||$1,001||$15,000|
|Congressional Federal Credit Union||Savings||$1,001||$15,000|
She has also made a couple of investments in the real estate business which involve investments in the 549 Lucerne, 701 W, Barstow, Tract Unit 3357, Lot 96, CA and 2201 Kirk St, Houston, TX.
Maxine Waters' Profession
Waters previously used to work for a garment factory and sometimes later as a telephone operator.
Maxine began her career as a Chief Deputy to City Councilman David S. Cunningham Jr. in 1973 and then entered the California State Assembly in 1976.
She amassed 79% of the vote to be elected for the United States House of Representative for California's 29th congressional district. She also served as the chair of the Congressional Black Caucus form the year 1997 till 1998. Her fame then skyrocketed when she openly criticised then President Barack Obama in August and October of 2011.
She has supported Fidel Castro's move towards democracy and has made frequent visits to Cuba. She has criticised and opposed the U.S. involvement in the 2004 coup d’état in Haiti. She also has an ongoing dispute with President Donald Trump, describing him as a bully, an egotistical maniac, and a liar who was not fit enough to be in the White House. Waters also voted against the Iraq War Resolution.
For her outstanding works in the field of politics, she has received the Bruce F. Vento Award from the National Law Center. She has also received the Candace Award and also the National Coalition of 100 Black Women.