Andrew Cuomo Net Worth: The main accomplishment of Andrew Cuomo is that he was the 56th Governor of New York. He began serving on January 1, 2011. During a sexual harassment incident in August 2021, he made his resignation public. Andrew is the brother of CNN contributor Chris Cuomo and the late Mario Cuomo, a former three-term governor of New York. So, what is Andrew Cuomo Net Worth?
Andrew Cuomo Net Worth
Andrew Cuomo Net Worth is $3 Million in 2023. hen Andrew was the attorney general of New York in 2010, he published his first thorough financial disclosure. According to that report, Andrew earned $1 million year in 2004 and 2005 while serving as Andrew Farkas’ advisor. His net worth was estimated to be between $1.75 million and $3 million as of the time of his 2013 financial statement. According to his 2015 report, his memoir generated $650,000 in book royalties.
He received $5 million in 2020 for a book about leadership during the COVID crisis. According to reports, he earned a $3 million advance and will eventually receive an extra $2 million. So, after Andrew Cuomo Net Worth we will discuss his early life.
Andrew Cuomo Early Life
Mario Cuomo, an attorney who eventually served three terms as governor of New York, and Matilda Cuomo welcomed Andrew Mark Cuomo into the world on December 6, 1957, in the Queens neighborhood of New York City. Andrea and Immacolata Cuomo, Mario’s parents, both immigrated to the US from Italy. Immacolata immigrated in 1927, while Andrea emigrated in 1926.
Chris, his brother, works as a CNN correspondent. His sister Maria Cuomo Cole, who is wed to fashion designer Kenneth Cole, works as a producer of socially conscious movies at Cuomo Cole Productions. Margaret, his other sister, is a physician. Italians make up the Cuomos. Both Andrew’s maternal and paternal grandparents originated in Sicily and Southern Italy, respectively. Andrew earned diplomas from Archbishop Molloy High School in 1975 and St. Gerard Majella’s School in 1971. In 1979, he graduated from Fordham University with a B.A., and in 1982, Albany Law School awarded him a J.D.
Andrew Cuomo Career
In 1982, while his father was running for governor of New York, Andrew Cuomo served as his campaign manager. Andrew joined his father’s team as a policy advisor for Mario Cuomo when he was elected, earning a $1 annual salary. From 1984 to 1985, Andrew Cuomo served as an assistant district attorney in New York. Additionally, he spent a brief period of time working at Blutrich, Falcone & Miller.
In 1986, he started Housing Enterprise for the Less Privileged (HELP), and in 1988, he quit his job as a lawyer to devote all of his time to HELP. Cuomo served as the New York City Homeless Commission’s chair from 1990 to 1993. The commission was tasked with creating policies to solve the city’s homelessness problem and expanding housing choices.
Cuomo entered the Clinton Administration in 1993 as the U.S. Department of Housing and Urban Development’s Assistant Secretary for Community Planning and Development. Cuomo served as the department’s secretary from 1997 to 2001. He unsuccessfully ran for governor in 2002, and from 2006 to 2011, he served as New York’s attorney general. Andrew Cuomo Net Worth started to grow at that time.
David Paterson, the governor of New York at the time, was tasked with naming a temporary substitute until a special election when Hillary Clinton was announced as President Obama’s nominee for secretary of state. Cuomo was thought to be a strong candidate for this position. Paterson made the announcement that he would nominate Kristen Gillibrand to the U.S. Senate on January 23, 2009.
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In 2010, Cuomo, the Democratic candidate for governor, defeated Carl Paladino on the Republican side. 2014 saw his election for a second term. Cynthia Nixon, an activist, and actress from Sex and the City ran against Cuomo in the left’s primary for governor in 2018. Nixon lost to Cuomo 65.53% to 34.47%. In the general and primary elections held in November 2018, Governor Cuomo received the most votes of any governor. He defeated Republican candidate Marc Molinaro by a margin of 59.6% to 36.2%.
The creation of the United States Climate Alliance, a group of states committed to battling climate change by adhering to the Paris Climate Accords, the adoption of the nation’s strictest gun control law, Medicaid expansion, a new tax code that increased taxes for the wealthy and lowered taxes for the middle class, the $15 minimum wage, the strongest paid family leave, and the legalization of same-sex marriage in New York were all things Cuomo oversaw while serving as governor.
The Excelsior Scholarship, which Cuomo announced in the 2018 budget, allows families earning less than $125,000 in 2019 to receive free tuition at all SUNY and CUNY campuses.
Andrew Cuomo Books
Andrew published a book in 2003 called “Crossroads: The Future of American Politics.” He published “All Things Possible: Failure and Success in Politics and Life” in 2014. Less than 4,000 hardcover copies of this book, it was later revealed, were sold. Andrew Cuomo Net Worth was increased by selling books.
The book “American Crisis: Leadership Lessons from the COVID-19 Pandemic” was published by Andrew in October 2020. The New York Times reported in March 2021 that Cuomo had asked for a $4 million advance for the book’s rights, which Crown Publishing Group subsequently bought. When contacted by the Times for comment, Crown declined to confirm or deny that the advance was a little bit more than $4 million, as their sources claimed. According to the Times piece, Cuomo employed his staff to help create the book, which has reportedly only sold less than 50,000 hardback copies.
Andrew Cuomo Book Revenue
According to tax documents, Andrew would eventually receive around $5 million for the book, nearly $3 million in 2020, and an additional $2 million in the following years. According to the same tax filings, Cuomo donated $500,000 to charity and put another $1 million into a trust fund for his children with the money from the sale.
Unfortunately for Mr. Cuomo, the New York state ethics watchdog enacted a resolution in December 2021 requiring him to give the attorney general of the state 30 days to get all of the money he received from the memoir. The Joint Commission on Public Ethics (JCOPE), a watchdog group, is the entity that initially granted Cuomo permission to write the book. Cuomo received a number of requirements from JCOPE along with their approval. The use of “no state property, employees, or other resources” for operations related to the book was one of the requirements.
Later it would come to light that Cuomo had used government employees to assist with the production, writing, research, and editing of the memoir while on the job. Cuomo has promised to challenge the ruling in court.
Andrew Cuomo Personal Life
Robert F. Kennedy’s daughter Kerry Kennedy was Andrew’s first wife. Their wedding day was June 9, 1990. Michaela Andrea Kennedy-Cuomo, Cara Ethel Kennedy-Cuomo, and Mariah Matilda Kennedy-Cuomo are their three daughters (born in 1997). 2003 saw their separation, and 2005 saw their divorce. In 2005, he started dating Sandra Lee, a host on the Food Network; in 2011, they moved in together. In Westchester County, New York, the two were residents. The pair made the announcement that their relationship was over in September 2019.
On July 4, 2015, Cuomo officiated at Billy Joel’s fourth wife, Alexis Roderick, and longtime friend’s wedding. Chris Cuomo, the brother of Cuomo, conducted an interview with him on CNN in March 2020 regarding the coronavirus outbreak. In his discussion of New York’s response to the coronavirus pandemic, Andrew brought up the idea of imposing a curfew to keep people indoors.
“Curfew is a term I dislike. I was always resentful of Dad for trying to impose a curfew on me, Andrew recalled. Your issues with the curfew were the least of your issues, Chris said. Just so you’re aware. Chris said after some back-and-forth banter: “…no matter how busy you are, there’s always time to call mum. She requests your feedback. Just so you’re aware.
Andrew Cuomo Government Pay
Andrew Cuomo received a $200,000 yearly salary as governor of New York.
Final Lines
Andrew Cuomo Net Worth is $3 Million currently. Andrew announced his resignation as governor on August 10, 2021, following a sexual harassment controversy that had tarnished a large portion of the last few months of his term. A few weeks prior, the New York Attorney General published a report in which it was alleged that Cuomo had sexually harassed numerous women and had taken retaliatory action against a former worker.
For months, he had been receiving resignation requests. His issues were made worse by a dispute over the public reporting of nursing facility fatalities during the nadir of New York’s COVID crisis. According to the Attorney General, Cuomo’s administration significantly undercounted deaths in nursing homes (by 50%).
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