The Truth About Mayor Eric Adams Net Worth and His Earnings

Eric Adams, the 110th mayor of New York City, has built his career on public service, from his time as a police officer to his rise in politics. As a high-profile leader of one of the world’s largest cities, many people are curious about Mayor Eric Adams’s net worth and how his career has influenced his financial standing.

With income sources ranging from his mayoral salary to real estate investments and book sales, Adams has accumulated wealth over the years. But how much is he really worth? Let’s take a closer look at his earnings, assets, and financial background.

Who is Eric Adams?

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Eric Adams, born on September 1, 1960, in Brooklyn, New York, is the 110th mayor of New York City. Raised in a working-class family in Queens, Adams faced challenges early in life, including an arrest at 14, which motivated him to pursue a career in law enforcement.

He joined the New York City Transit Police in 1984, later becoming an NYPD captain and co-founding 100 Blacks in Law Enforcement Who Care, advocating for justice reform. Transitioning into politics, he served as a New York State Senator (2006–2013) and became Brooklyn Borough President (2013–2021).

In 2021, he won the NYC mayoral election, focusing on crime reduction, public health, and economic recovery. Adams, a plant-based diet advocate, wrote Healthy at Last after reversing his type 2 diabetes. He has one son, Jordan Coleman, and is in a relationship with Tracey Collins. His tenure has been met with both policy initiatives and scrutiny, including investigations into his campaign finances.

Estimated Net Worth of Eric Adams

Eric Adams’ net worth is estimated to be between $2 million and $16 million as of 2024, with his wealth coming from government salaries, real estate investments, his NYPD pension, book royalties, and speaking engagements.

1. Public Service Salaries

Throughout his career in public service, Adams has earned a steady salary from various government positions. As Mayor of New York City, he receives an annual salary of $258,750, making him one of the highest-paid mayors in the U.S.

Before this, he served as Brooklyn Borough President (2014–2021), earning $179,200 per year, and as a New York State Senator (2007–2013), making approximately $79,500 annually. These salaries, combined over the years, have provided a stable income base contributing to his overall net worth.

2. NYPD Pension

Before entering politics, Adams served 22 years in the New York City Police Department (NYPD), retiring in 2006 as a captain.

Due to his lengthy service, he qualifies for a full NYPD pension, which provides him an annual income of between $65,000 and $75,000. This pension remains a consistent source of income, ensuring financial stability outside of his government salary.

3. Real Estate Investments

Adams has invested in real estate, which has played a key role in increasing his net worth. He owns a co-op apartment in Prospect Heights, Brooklyn, valued at approximately $1 million, which he claims as his primary residence.

Additionally, he owns a multi-unit rental property in Bedford-Stuyvesant, Brooklyn, worth around $1.2 million, generating passive rental income. His financial disclosures suggest other potential real estate holdings, though these have been subject to scrutiny and debate.

4. Book Royalties & Speaking Engagements

In 2020, Adams published his book, “Healthy at Last,” which shares his journey of reversing type 2 diabetes through a plant-based diet. The book has generated an estimated $100,000 to $250,000 in royalties, adding to his income.

Additionally, as a public figure, Adams is invited to speak at events, universities, and conferences, where he reportedly earns between $10,000 and $50,000 per speaking engagement, further contributing to his wealth.

5. Financial Controversies & Investigations

Despite his financial success, Adams has faced scrutiny over his assets and campaign finances. During his 2021 mayoral campaign, questions arose about his residency and real estate holdings, with reports suggesting he spent time at a co-owned New Jersey property.

Additionally, in 2023–2024, federal investigators examined alleged improper foreign campaign donations, and in September 2024, he was indicted on bribery and fraud charges. Although the charges were dropped in February 2025, the investigation put a spotlight on his financial dealings.