Maxine Waters Net Worth: Politics & Lifestyle

Maxine Waters, originally Maxine Moore Waters, U.S Representative for California’s 43rd congressional district, has a net worth of $2 million.

Maxine has been serving as a U.S Representative for California’s congressional district since 1991.

Before serving as U.S Representative, she was in California State Assembly, to which she was first elected in 1976.

Waters is currently in her 15th term in the House and a member of the Democratic Party.

Similarly, Waters is the second most senior member of the California congressional delegation after fellow congresswoman Nancy Pelosi.

Moreover, Time magazine named her 100 Most Influential People in 2018.

Maxine Waters
Maxine Waters

Waters also currently chairs the House Financial Services Committee.

Maxine Waters was born to Remus Carr and Velma Lee on August 15 1983 in St. Louis, Missouri.

Her father left the family when Maxine was just two years of age and was later raised by her single mother. She is the fifth of 13 children of her parents.

She attended Vashon High School in St. Louis before her family moved to Los Angeles, California, in 1961.

Further, she was hired as an assistant teacher with the Head Start program in Watts in 1966. She formerly worked as an operator in a garment factory.

She obtained a bachelor’s degree in Sociology in 1971 from California State University (formerly Los Angeles State College)

Quick Facts

Full Name Maxine Moore Waters
Birth Date August 15, 1938
Birth Place St. Louis, Missouri, United States
Residence Windsor Square, Los Angeles, United States
Nationality American
Ethnicity Afro-American
Education Vashon High School, Los Angeles State College
Father’s Name Remus Carr
Mother’s Name Velma Lee Carr Moore
Age 85
Political Party Democratic Party
Zodiac Sign Leo
Hair Color Black
Eye Color Brown
Body type Slim
Profession Politician
Marital Status Married
Husband’s Name Edward Waters (m.1956-1972)

Sid Williams (m. 1977)

Children Karen Waters, Edward Waters
Net Worth $2 million
Social Media Instagram, Twitter, Facebook
Last Update March, 2024

Maxine Waters: Net Worth and Income

Maxine Waters has a net worth of $2 million as of 2024.

According to the most recent wealth disclosure, Waters listed $1.4 million worth of liabilities and $1.5 million worth of assets.

Out of her assets, her most prized possession is her House which is valued between $1 to $4 million depending on the recent comparable sales.

As a member of the House of Representatives, she receives a salary of $174,000 a year.

Net Worth of Maxine Waters in Different Currencies

Here is the net worth of Maxine Waters in different currencies, including Bitcoin, the Cryptocurrency.

Currency Net Worth
Euro € 1,721,270
Pound Sterling £ 1,487,910
Australian Dollar A$ 2,780,770
Canadian Dollar C$ 2,548,050
Indian Rupee ₹ 148,633,400
BitCoin ฿ 47.47

Houses and Cars

House

Maxine Waters lives in a house located in Los Angeles, California, the United States, along with her husband, Sid Williams.

She and her husband bought the 6.081 square feet home for just over $2 million in 2004.

Cars

Maxine Waters has been spotted in several automobiles.

Back in May 2018, she was seen in a red BMW convertible at Armed Forces Day Parade in Torrance, California.

Similarly, a video went viral on social media when she was pulled over by an LAPD on her black SUV.

LAPD even gave her a ticket because apparently, she was in the wrong place.

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Lifestyle

Maxine Waters lives with her second husband, Sid Williams, who played professional football in the NFL.

Her husband is also a former U.S Ambassador to the Bahamas under Clinton Administration. The couple lives in the Windsor Square neighborhood of Los Angeles.

Moreover, Maxine Waters confirmed that her sister Velma Moody had died of the COVID-19 at the age of 86 in May 2020.

Furthermore, Maxine Waters Preparation Center in Watts, California, was named after her while she was a member of the California Assembly.

Maxine Waters With Her Husband Sid Williams
Maxine Waters with her husband Sid Williams

Similarly, Maxine received Bruce F. Vento Award from the National Law Center on Homelessness & Poverty for her work on behalf of homeless persons.

Likewise, she received the Candace Award, National Coalition of 100 Black Women.

On October 24, 2018, pipe bombs were sent to two of Water’s offices.

However, the packages were seized by the FBI, and no one was injured.

The same packages were sent to other Democratic leaders and to CNN.

Upon investigation, it was revealed that Cesar Sayoc mailed the bombs and was sentenced to 20 years in prison in 2019.

Charity

Maxine Waters is co-founder of Black Women’s Forum, which is a nonprofit organization of over 1,200 Afro-American women in the Los Angeles area.

Similarly, in the 1980s, she founded Project Build, which helped youths in LA housing developments with job placements and training.

Likewise, she stood against the 2004 Haitian coup d’etat, which put an end to the democratically elected government of Jean Bertrand Aristide in Haiti.

She also defends the rights of political prisoners in Haiti’s prisons.

Maxine Waters in One Of Charity Events
Maxine Waters in One Of Charity Events

Moreover, Waters believes in using her position to highlight at-home issues, including economic development, poverty, women, children, poor people, and equal justice under the law.

She also makes sure to address other issues of concern to people of color and in the wider world on International justice, peace, and human rights.

Furthermore, Waters was also a leader in the movement to end discrimination and establish democracy in South Africa.

For the movement, she received the “Order of the Companions of OR Tambo Silver Award” from Thabo Mbeki the president of South Africa, for her work organizing rallies.

Also, Maxine leads congressional efforts to cancel the debts that third world countries in Africa and Latin America owe to wealthy bodies like the World Bank and free developing countries from a load of international debts.

Politics, and Books

Politics

Maxine was elected to the state of California Assembly in 1976.

During her time in Assembly, she worked for the divestment of state pension for any business active in South Africa.

Similarly, she climbed to the position of Democratic Caucus Chair for the Assembly.

Likewise, after Augustus F. Hawkins retired in 1990, Maxine was elected 29th Congressional district of California to the U.S House of Representatives with more than 79% of the popular vote.

Since then, Waters has been elected regularly from the district, renumbered as the 43rd district in 2012 and as the 35th in 1992, with at least 70% of the vote.

Moreover, Maxine has represented cities such as Gardena, Torrance, Hawthorne, Lawndale, and Inglewood and also the Los Angeles coastal communities of Westchester and large parts of south-central Los Angeles.

Corruption Allegations

According to an article in the Los Angeles Times, Maxine’s relative had made more than a million dollars over the previous eight years by doing business with candidates, companies, and causes that Waters had helped.

The article was published by Chuck Neubauer and Ted Rohrlich in 2004.

To top it all of, the Liberal watchdog group Citizens for Responsibility and Ethics in Washington also claimed Maxine to their list of corrupt members of Congress in their 2005, 2006, 2009, and 2011 reports.

Maxine was investigated for an ethics violation and was accused of at least one ethics violation which was related to her efforts to help OneUnited Bank receive federal aid.

It was because her husband Sid is a stockholder and former director of the bank, and the bank’s executives contributed majorly to her campaigns.

It was investigated by House Ethics Committee. Similarly, she was charged with defilements of the House’s ethics rules in 2010.

However, the House Ethics Committee completed a report clearing Maxine of all ethics charges after three years of investigation on September 21, 2012.

Books

Maxine Waters has co-authored several books about her political career and other subject matter.

In August 1996, Pulitzer Prize-winning journalist Gary Webb published Dark Alliance: The CIA, the Contras, and the Cocaine Explosion along with Maxine Waters.

The book highlighted the investigations into the roots of the cocaine epidemic in the States, specifically LA.

Similarly, she contributed to Helena Andrews’s book Reclaiming Her Time: The Power of Maxine Waters.

The book was released on October 20, 2020.

Likewise, in 2005 Robert D. Bullard published The Quest for Environmental Justice: Human Rights and the Politics of Pollution, which has a foreword by Maxine.

Together, the diverse contributors to the book present an inspiring and revealing picture of the environmental justice movement.

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Career

Waters came to recognition when she repeatedly interrupted Peter King’s speech on July 29, 1994.

The ruling officer, Carrie Meek, classed her conduct as turbulent and unruly and threatened to have the deputy at Arms present her with the Mace of the House of Representatives.

Similarly, in 2017, she was suspended for disciplinary purposes for the rest of the day.

Maxine was chair of the Congressional Black Caucus from 1997 to 1998.

Maxine Waters in Rally
Maxine Waters in Rally

Moreover, Maxine testified at the U.S House Committee on Education and the Workforce in 2005.

Likewise, she was involved in the debate over King-Drew Medical Center in 2006.

Following the retirement of Barney, Frank Maxine became the ranking member of the House of Financial Services Committee in 2012.

Furthermore, Waters earned an “A” grade from the non-partisan Lugar Center’s Congressional Oversight Hearing Index for her time as the chair of the House Financial Services Committee in the 116th Congress.

Unknown Facts About Maxine Waters

  • She started to work as a busgirl in a whites-only restaurant in downtown St. Louis at age 13.
  • Shortly after graduating high school in 1956, Maxine Waters married Edwards Waters, and they had two children.
  • Maxine divorced her husband Edwards in 1971, and the same year she completed her B.A in sociology at California State University.

FAQs

What is Maxine Waters known for?

Maxine is one of twelve black women currently serving in Congress and is the most senior of them.

When did Maxine Waters enter politics?

Maxine Waters first served in the California State Assembly before becoming a U.S Representative. She was elected to Assembly in 1976.

That is 45 years of pure politics.

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