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NYC Mayor Eric Adams Has a $16 Million Fortune

By Carlos Gutierrez

Posted February 14, 2025

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Eric Leroy Adams

Mayor of New York City

$16 Million
$10 Million (140%)
Real Time Net Worth
#41 in Politics today

Eric Adams has a net worth of $16 million in 2025. He earns $258k per year and makes additional income from lobbying and business ventures. His net worth has increased by about 300% recently.

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Eric Adams Net Worth 2024

Net Worth$16 Million
Annual Income$4 Million
Mayor Salary$258,750
Anonymous Gifts$1.5 Million
Stock Portfolio$3.9 Million
Bank Balance$2.6 Million

Eric Adams Real Estate

Eric Adams has a solid real estate portfolio. He owns a four-unit townhouse in Bed-Stuy and a one-bedroom co-op in Crown Heights, both valued between $275K and $550K.

Outside the city, heโ€™s got a two-bedroom co-op in Fort Lee, NJ, worth between $550K and $1.1M. He also owns two apartments worth $2.3M and a villa in Florida. Adams often buys properties under his familyโ€™s name to steer clear of legal trouble.

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Cars

Eric Adams has always liked showing off his luxury cars. He now owns ten vehicles. His newest car is a $120,000 Mercedes-AMG E63. His collection also includes a Porsche Panamera, BMW M5, Audi RS7, Lexus LC 500, and Lincoln Continental.

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Eric Adams House

These days, Adams lives in a swanky 4-bedroom penthouse in NYC, which he snagged for $4.7M. With a view of Central Park, the place originally went for $10M, but he got it for half thatโ€”thanks to a wealthy Democrat supporter. The deal has definitely raised some eyebrows.

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Mayor of New York City

In 2021, Adams announced his candidacy for mayor of New York City. Adams was inaugurated as mayor of New York City on January 1, 2022. He is the second African-American mayor of the city, after David Dinkins.

At NYU, Adams studied political science. He graduated in 1983 and joined the New York City Transit Police. In 1985, he transferred to the New York City Police Department.

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