Following her departure from the Trump administration, Republican presidential candidate Nikki Haley reportedly increased her wealth by more than double to $8 million. Previously she was the governor for South Carolina with a net worth of $1 million.
Nikki declared her Republican candidature for President in February 2023, to run in the 2024 election.
She built her net worth by first exiting her position as Donald Trump’s top envoy to the UN in 2018 and instead focused on writing two successful books.
She also took the chance to sit on the boards of leading businesses. All this is based on a financial analysis done by Forbes.
What financial details did the Forbes disclose concerning Nikki Hailey’s earnings?
In late 2018, Nikki and her husband’s net worth might have been as low as negative $1 million. Mostly due to loans and mortgages taken out to pay for a vacation house and tuition.
In addition, the same disclosure revealed that Nikki had a bank account balance of between $15,000 and $50,000, earned between $50,000 and $100,000 in rental income, and made just $9,759 while serving as South Carolina’s governor in 2017 before joining Donald Trump’s administration.
How much money has Nikki Hailey been making from bookselling?
Her debut book, “Can’t Is Not An Option,” published by Penguin Books, brought in a $475,000 advance.
Last year before writing and publishing her book “If You Want Something Done: Leadership Lessons from Bold Women,” she made a $350,000 advance from her publisher.
About 100,000 copies of her last book, “With All Due Respect: Defending America with Grit and Grace,” were sold when it was released in 2019.
What are Nikki Hailey’s other sources of income?
Before resigning, the aerospace giant Boeing, which named her to the board of directors in 2019, has also deposited over $700,000 in consulting fees, over $300,000 in cash, and shares into her account.
Speaking at eleven different events last year brought in $2.3 million for her, according to Forbes.
What Assets does Nikki Hailey have?
According to Forbes, she spent $2.4 million on a 4,700-square-foot, four-bedroom home on South Carolina’s Kiawah Island in 2019. Today, the property is valued at approximately $4.7 million, having doubled in value.
What is Nikki Haley’s net worth as of 2023?
Haley had been putting in the effort before running for president, she has amassed so much money through her advance payments such as the $350,000 advance payment from her publisher, and the $2.3 million she made in 2022 through doing speeches, not to mention consulting fees worth $700,000, and corporate positions at Boeing and United Homes Group (totalling $550,000).
Additionally, her two books, If You Want Something Done (2022) and With All Due Respect (2019) brought in the most revenue.
As of 2023, Nikki Hailey’s Net worth stands at an estimated amount of $8 million.
Conclusion
Since her departure from the Trump administration, former governor and presidential candidate Nikki Haley has amassed a substantial net worth of about $8 million. All this is thanks to a successful political career, starting in the South Carolina House of Representatives all up to becoming governor.
She also made a lot of money from selling speeches, consulting, writing books, and joining boards of leading businesses.
