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79 Years American Politician Maxine Waters' Salary and Net Worth She has Achieved From her Profession

Updated On 05 Nov, 2018 Published On

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.

CAPTION: Maxine
SOURCE: maxinewatersforcongress

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

Real estate

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.

Politician

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.

CAPTION: Maxine
SOURCE: timedotcom

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.

CAPTION: Maxine giving a speech
SOURCE: daily caller

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.

Achievements

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.