Hakeem Jeffries
01Overview
Hakeem Jeffries is worth about $1.5 million by our estimate, built from his own financial disclosure for 2025, filed May 15, 2026. His household's savings are mainly bank accounts, index funds, retirement plans and two whole life insurance policies, set against mortgages on homes in Brooklyn and Washington and a home equity line1.
After Democrats won the House on November 3, 2026, he is expected to become Speaker when the new Congress meets on January 3, 20274, which raises his salary to $223,5003. Because disclosures report only ranges and leave out a member's homes, our scenario range is wide: $0.6M to $2.5M. About 60% of the estimate rests on what we assume the two homes are worth.
| Full name | Hakeem Sekou Jeffries |
| Born | August 4, 1970, Brooklyn, New York |
| Age | 56 |
| Role (as of November 2026) | House Democratic Leader; U.S. Representative, New York's 8th District |
| Salary | $193,400 as party leader; $223,500 as Speaker3 |
02Reconcile the Estimate
Members of Congress do not report a net worth. They report each account, investment and debt in a value range, such as $15,001 to $50,000, once a year. Jeffries's report for 2025, filed May 15, 2026, lists 37 assets and eight debts for himself, his wife and their children1. We count his and his wife's holdings at the middle of each range and leave out the children's accounts and their student loan. Personal homes are not reportable as assets, but the mortgages on them are listed, so we add estimated values for the Brooklyn condo and the Washington co-op and net the debts against them.
| Counted | Basis | Value |
|---|---|---|
| Bank, investment and retirement accounts, less credit cardsDisclosed range; value modeled | Twenty-nine accounts and policies with reported values, held by him, his wife or jointly, at the midpoint of each reported range (about $654,000), less three credit card balances (about $58,000 at midpoints)1 | $0.60M |
| Brooklyn condo, less its mortgage and home equity lineEstimated | Assumed value $1.2 million, set between the Prospect Heights and Crown Heights condo medians5, less the HSBC mortgage ($250,001 to $500,000) and HSBC home equity line ($100,001 to $250,000) at midpoints1 | $0.65M |
| Washington co-op, less its mortgagesEstimated | Assumed gross value $500,000, which includes the co-op's share of the building mortgage, as sale prices in the building do6; less the Truist mortgage ($15,001 to $50,000) and that share of the building mortgage ($100,001 to $250,000) at midpoints1 | $0.29M |
| Estimated net worth (the rows add to $1.54M; we round to the nearest $100,000) | $1.5M | |
How the $1.5M Estimate Is Built
| Bank, investment and retirement accounts, less credit cardsDisclosed range; value modeled | $0.60M | 39% | |
| Brooklyn condo, less its mortgage and home equity lineEstimated | $0.65M | 42% | |
| Washington co-op, less its mortgagesEstimated | $0.29M | 19% |
Solid: holdings counted from a filing value, a market price or a public record. Hatched: values we modeled or estimated, including values taken from disclosed ranges.
| Left out | Why | Value |
|---|---|---|
| The book | The ABCs of Democracy (2024) is listed with an undetermined value; it paid $50,001 to $100,000 in royalties in 20251 | Not counted |
| Pensions | His wife's New York health care pension is listed with an undetermined value; his federal congressional pension is not reportable. His New York State pension ($15,001 to $50,000) is counted above | Not counted |
| Children's accounts and loan | Four small accounts and a $15,001 to $50,000 student loan held by a dependent child1 | Not counted |
Scenarios: Where Inside the Ranges
Every disclosed figure is a range, so the honest answer is a range too.
| Scenario | Accounts | Debts | Homes (Brooklyn / Washington) | Result |
|---|---|---|---|---|
| Low | Bottom of every range ($302,000) | Top of every range ($1,130,000) | $1.0M / $400,000 | $0.6M |
| Base (headline) | Midpoints ($654,000) | Midpoints ($815,000) | $1.2M / $500,000 | $1.5M |
| High | Top of every range ($1,005,000) | Bottom of every range ($500,000) | $1.4M / $600,000 | $2.5M |
Results are rounded to the nearest $100,000. Children's accounts and loan, the book and the pensions with undetermined values are left out of all three.
All accounts and debts from his House financial disclosure for 2025 (filed May 15, 2026, document 10076550). Debts are reported by the highest amount owed during the year, which can be more than was owed at year end; we use their midpoints as a proxy. Home values are our assumptions, based on neighborhood and building sales; see the sections on the two homes. Whose wealth this is: the household's, his and his wife's, since House reports combine them and much of it is held jointly.
Not observable: What the two homes are worth (they are not reported, and the home equity makes up about 60% of our estimate), where each account falls inside its range, and what his pensions are worth. The ranges alone put the financial accounts anywhere from about $302,000 to $1,005,000, and the debts from about $500,000 to $1,130,000.
03Published Estimates
| Source | Date | Estimate |
|---|---|---|
| DaveManuel.com estimate | November 13, 2026 | $1.5M (range $0.6M-$2.5M) |
| Quiver Quantitative | June 19, 2026 | About $659,000 |
| U.S. Wealth Watcher | From the 2025 disclosure | About $513,000 |
Neither site publishes enough of its method for us to reconcile its figure to ours. Leaving out the homes cannot be the whole story: his accounts less all his debts at midpoints come to about minus $161,000, not $659,000 or $513,000. Quiver's figure is close to the accounts alone (about $654,000 at midpoints), so it likely counts the accounts and leaves out both the homes and the mortgages on them. We have not been able to confirm how either site treats debts, his wife's holdings or the children's accounts.
04Positions
| Organization | Role |
|---|---|
| U.S. House of Representatives | House Democratic LeaderJanuary 3, 2023 to present |
| U.S. House of Representatives | Representative, New York's 8th District2013 to present |
| New York State Assembly | Member2007 to 2012 |
| Private practice and media companies | LawyerBefore 2007 |
05How the Fortune Was Built
| 1970 | Born August 4 in Brooklyn. | |
| 2007 | Takes his seat in the New York State Assembly; buys a condo on the border of Prospect Heights and Crown Heights in Brooklyn. | |
| 2013 | Takes his seat in Congress. | |
| 2017 | Takes on a co-op in Washington's Capitol Hill Tower and its mortgages. | |
| 2021 | Takes out the current HSBC mortgage on his Brooklyn home ($250,001 to $500,000). | |
| 2023 | Becomes House Democratic Leader on January 3, the first Black leader of a party in either chamber of Congress. | |
| 2024 | Publishes the picture book The ABCs of Democracy with Grand Central Publishing on November 12. | |
| 2026 | Democrats win the House on November 3. | |
| 2027 | The House votes for Speaker on January 3. |
06Profile
| Spouse | Kennisandra Arciniegas-Jeffries |
| Children | Two |
| Residence | Brooklyn, New York |
| Education | SUNY Binghamton (B.A.), Georgetown University (M.P.P.), New York University School of Law (J.D.) |
| Source of wealth | Salary, savings and book royalties |
07What the Disclosure Shows
Jeffries's savings are ordinary and mostly passive. The largest single lines are an HSBC bank account, a Merrill Edge position in the SPDR S&P Dividend ETF (both $50,001 to $100,000) and a Northwestern Mutual whole life policy ($50,001 to $100,000). His traditional IRA holds five broad index funds, his wife's retirement plans hold Vanguard, Fidelity and BlackRock funds, and the joint brokerage account holds dividend and real estate ETFs. He reported no individual stocks and only a handful of small fund trades in 2025, several of them in a child's account1.
The debts are larger than the investments at their midpoints: a mortgage of $250,001 to $500,000 on the Brooklyn home taken out in March 2021, a home equity line of $100,001 to $250,000 from June 2022, two debts on the Washington co-op, and three credit cards in his wife's name1.
08His Pay
Rank-and-file members of the House earn $174,000, a figure unchanged since 2009. As Democratic Leader he earns $193,400, and as Speaker he would earn $223,5003. His wife works for Manhattan Legal Services of New York; House reports do not require the amount of a spouse's salary1. His children's picture book, The ABCs of Democracy, paid $50,001 to $100,000 in royalties in 2025, under a publishing agreement the House Ethics Committee approved1.
09The Brooklyn Condo
Jeffries bought his Brooklyn condo in 2007. It sits in a building that receives New York City's 421-a tax abatement, which cut its property tax to about $213 a year in 2022 and runs until 2032, as The Washington Times reported; his spokesman said he bought it before a 2007 change to the program2. A political opponent described it as a $1.2 million apartment.
No purchase price or unit size has been published, so we value it from the neighborhood. The building sits on the border of two markets: PropertyShark put the median condo sale in Prospect Heights at about $1.6 million and in Crown Heights at about $638,000 for the third quarter of 2026, with condos in both trading near $1,000 a square foot5. We use $1.2 million, between the two, and test $1.0 million and $1.4 million in the scenarios. At about $1,000 a square foot, $1.2 million matches a unit of roughly 1,200 square feet; a smaller unit would be worth less. If a sale price or official assessment is published, it replaces this assumption.
10The Washington Co-op
The Washington home is a co-op in Capitol Hill Tower, near the Capitol. In a co-op the building carries a mortgage of its own, and each owner's share of it is paid through the monthly fee. Sale prices in the building include that share: buyers finance the price less the share. Recent sales show the range: a one-bedroom of 767 square feet sold for $390,000 in June 2024, a one-bedroom of 760 square feet for $415,000 in February 2024 (with $95,624 of building mortgage), and a two-bedroom of 800 square feet for $493,500 in February 2025 (with $100,010 of building mortgage)6.
Jeffries reports his share of the building mortgage at $100,001 to $250,000, at least as large as the two-bedroom's share, which points to a unit at least that size1. We use a gross value of $500,000, which includes the building mortgage share, and subtract both that share and his own Truist loan. The scenarios test $400,000 and $600,000.
11From the Disclosure to the Estimate
This table shows how the reported ranges become one number. The disclosure figures are his; the home values and the choice of midpoints are our assumptions.
| Step | Basis | Amount |
|---|---|---|
| Accounts and policies, him, his wife and joint (29 lines with values) | Sum of the midpoints of each reported range; the ranges add to $302,029 to $1,005,000 | +$653,515 |
| Credit cards (3, his wife) | Midpoints of $15,001-$50,000, $10,000-$15,000 and $10,000-$15,000 | -$57,503 |
| Brooklyn condo | Assumed value; not reportable as an asset | +$1,200,000 |
| Brooklyn mortgage and home equity line | Midpoints of $250,001-$500,000 and $100,001-$250,000 (highest amounts owed during 2025) | -$550,001 |
| Washington co-op | Assumed gross value, including its share of the building mortgage; not reportable as an asset | +$500,000 |
| Washington mortgages | Midpoints of $15,001-$50,000 (Truist) and $100,001-$250,000 (co-op share) | -$207,501 |
| Estimated net worth | Rounded to $1.5 million | $1,538,510 |
Excluded: a dependent child's accounts (about $3,000 to $46,000) and student loan ($15,001 to $50,000), the book and his wife's pension (both reported as undetermined), and his federal pension (not reportable).
12Frequently Asked Questions
What is Hakeem Jeffries's net worth?
About $1.5 million by our estimate, built from his 2025 House financial disclosure (filed May 15, 2026) plus estimated values for his two homes, in a range of $0.6 million to $2.5 million. About 60% of it rests on assumed values for his two homes.
How much does the Speaker of the House make?
The Speaker earns $223,500 a year. Party leaders earn $193,400 and other members $174,000.
Does Hakeem Jeffries own stocks?
No individual stocks are listed on his 2025 disclosure. He and his wife hold mutual funds and exchange-traded funds in retirement and brokerage accounts.
How much did Hakeem Jeffries make from his book?
His 2025 disclosure lists $50,001 to $100,000 of royalties from The ABCs of Democracy, published in November 2024.
When does Jeffries become Speaker?
The House votes for Speaker when the new Congress meets on January 3, 2027. Democrats won the majority on November 3, 2026, and he is expected to be their nominee.
13Sources and Method
House financial disclosures report each asset and debt in a value range. We took every line on Jeffries's 2025 annual report (filed May 15, 2026) held by him, his wife or jointly and used the midpoint of each range: about $653,515 of accounts and policies, less $57,503 of credit card balances. Personal residences are not reportable as assets, so we added an assumed $1.2 million for the Brooklyn condo, based on neighborhood condo sales, and a gross $500,000 for the Washington co-op, based on sales in its building, and subtracted their reported mortgages, home equity line and the co-op's share of the building mortgage at midpoints. Debts are reported by the highest amount owed during the year, so their midpoints are a proxy for year-end balances. A dependent child's accounts and loan, the book, his wife's pension and his federal pension are excluded. The parts add to $1,538,510, which we round to $1.5 million.
The low scenario uses the bottom of every asset range, the top of every debt range and lower home values; the high scenario does the opposite. We will update the page when his 2026 disclosure is filed in May 2027.
- Financial disclosure: Annual report for 2025, filed May 15, 2026 (Clerk of the House); annual report for 2024, filed May 14, 2025
- Brooklyn condo: The Washington Times, January 24, 2022
- Home values: PropertyShark, Prospect Heights and Crown Heights market trends; Capitol Hill Tower closed sales via Engel & Volkers: February 2025, February 2024, June 2024
- Reporting rules: House Committee on Ethics, financial disclosure instruction guide
- Salaries: House Radio-TV Gallery, House salaries
- Speakership: Associated Press via WDIV, November 4, 2026
- Book: Hachette Book Group
- Published estimates: Quiver Quantitative, June 20, 2026; U.S. Wealth Watcher
1 Clerk of the House, financial disclosure report of Hon. Hakeem S. Jeffries (NY08), annual report for 2025, filed and signed May 15, 2026, filing ID 10076550: 37 assets and eight liabilities; spouse salary from Manhattan Legal Services of New York; royalties of $50,001 to $100,000 from The ABCs of Democracy (publishing agreement approved by the House Ethics Committee); one $500 birthday gift; no positions or reimbursements.
2 The Washington Times, January 24, 2022: a condo bought in 2007 on the border of Prospect Heights and Crown Heights, with a 421-a abatement that runs until 2032 and property tax of $213 a year; Rep. Nick Langworthy called it a $1.2 million apartment. The value we use is an assumption, not an appraisal.
3 House Radio-TV Gallery, salaries as of January 1, 2024: Speaker $223,500; majority and minority leaders $193,400; members $174,000.
4 Associated Press, November 4, 2026: Democrats won majority control of the House; the full House elects the Speaker when the new Congress convenes on January 3, and Jeffries is expected to be nominated and elected.
5 PropertyShark market trends for Prospect Heights and Crown Heights, Brooklyn, third quarter of 2026: median condo sale prices of about $1.6 million and $638,000, each near $1,000 a square foot, on 22 and 11 condo sales. Small samples move a lot from quarter to quarter.
6 Capitol Hill Tower, 1000 New Jersey Avenue SE, Washington, closed sales: 767 sq. ft., one bedroom, $390,000, June 18, 2024, price includes the underlying mortgage; 760 sq. ft., one bedroom, $415,000, February 13, 2024, underlying mortgage $95,624, to be subtracted from the contract price; 800 sq. ft., two bedrooms, $493,500, February 28, 2025, underlying mortgage $100,010. These are other units in the building, not his.
Financial disclosure: Annual report for 2025, filed May 15, 2026. Values: Accounts as of the end of 2025; debts as the highest amount owed during 2025, which we use as a proxy for what is owed. Research last reviewed: November 13, 2026. Net worth figures are estimates built from public filings and reporting; private holdings are valued conservatively and may differ from what the person would report.
Corrections and Updates
| Date | What changed |
|---|---|
| November 13, 2026 | Estimate revised from $1.4M to $1.5M (range $0.6M-$2.5M) after an outside review: the Washington co-op is now valued at $500,000 gross of its share of the building mortgage, based on closed sales in the building; the Brooklyn condo value is now tied to neighborhood condo medians. Debts are described as the highest amount owed during 2025. |
Every correction to a published figure on this site is logged on Sources and Methods.
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