Stacey Abrams reaches millionaire status before 2nd campaign

ATLANTA (AP) — When Democrat Stacey Abrams first ran for Georgia governor in 2018, her lackluster personal finances and a hefty bill from the IRS gave Republicans fodder to question how she could manage a state budget when she struggled with her own debts.

As she launches a second bid this year, that’s no longer an issue.

Abrams now says she’s worth $3.17 million, according to state disclosures filed in March. That’s compared with a net worth of $109,000 when she first ran four years ago.

Her rapid ascent into millionaire status corresponds with her rise in national politics. Since her 2018 defeat to Republican Brian Kemp, Abrams has become a leading voting rights activist. She was considered as a potential running mate to President Joe Biden and is widely credited with organizing voters in Georgia to help him become the first Democrat to carry the state in the presidential vote in 28 years. Along the way, she has earned $6 million, mostly driven by $5 million in payments for books and speeches.

That wealth has exposed her to a different line of criticism from Republicans, who hope to portray Abrams this year as an elitist out of touch with average Georgians. Garrison Douglas, a spokesperson for the national Republican Party, accused Abrams of using her campaign “as a platform for her own financial gain.” During a rally in the state last month, former President Donald Trump knocked her for “living in these gorgeous multi-multi-million-dollar houses.”

By NC ScoutPublished On: April 5, 2022Categories: Uncategorized1 Comment

About the Author: NC Scout

NC Scout is the nom de guerre of a former Infantry Scout and Sergeant in one of the Army’s best Reconnaissance Units. He has combat tours in both Iraq and Afghanistan. He teaches a series of courses focusing on small unit skills rarely if ever taught anywhere else in the prepping and survival field, including his RTO Course which focuses on small unit communications. In his free time he is an avid hunter, bushcrafter, writer, long range shooter, prepper, amateur radio operator and Libertarian activist. He can be contacted at [email protected] or via his blog at brushbeater.wordpress.com .