How rich is the 56th Governor of New York?

A politician, lawyer, and public figure currently running for mayor of New York City — what is Andrew Cuomo’s net worth in 2025?

Who is Andrew Cuomo?

Andrew Cuomo is an American politician, lawyer, author, and former governor of New York (2011 to 2021). Cuomo is the son of Matilda Cuomo, a children’s issues advocate, and Mario Cuomo, a politician who also served three terms as governor of New York in the 1980s and 1990s.

Born on December 6, 1957, in Queens, New York, Andrew Cuomo began his career as campaign manager for his father. He later served as Secretary of Housing and Urban Development (HUD) under President Bill Clinton and later as New York Attorney General from 2007 to 2010. He is currently running for mayor of New York City.

Andrew Cuomo’s net worth

Cuomo has accumulated his wealth over decades in public office, from publishing bestselling books, and more recently, through consulting, legal work, and media appearances. 

Disclaimer: The net worth estimate provided is based on publicly available data from Andrew Cuomo’s 2020 Financial Disclosure Statement. These forms disclose asset, income, and liability ranges using broad value categories rather than exact figures. As such, any calculation of net worth is an approximation and should be interpreted as a general estimate, not a precise valuation. Additionally, certain assets or liabilities may be excluded or aggregated, and values may have changed since the time of filing.

How did Andrew Cuomo make his money?

As mentioned, Andrew Cuomo began his political journey in 1982 as campaign manager for his father, Mario Cuomo, during his successful bid for New York governor. Afterward, he joined the governor’s staff as a policy advisor, earning just $1 annually. 

In the ‘80s, Cuomo briefly worked as an Assistant District Attorney in New York (1984–1985) and at a private law firm before founding a non-profit homelessness foundation called HELP (Housing Enterprise for the Less Privileged) in 1986. From 1990 to 1993, he chaired the New York City Homeless Commission. 

In 1993, Cuomo joined the Clinton Administration and later served as Secretary of Housing and Urban Development from 1997 to 2001. Though his 2002 gubernatorial run failed, he successfully became New York Attorney General in 2006 and Governor in 2010, winning re-election in 2014 and 2018. As governor, he earned a salary of $225,000 per year.

Cuomo has likewise authored three books: Crossroads (2003), All Things Possible (2014), and American Crisis (2020). The last title drew significant controversy, as Cuomo had reportedly received $5 millio in advance to write it. His net income from the book in 2020 alone amounted to $1.5 million after taxes and expenses. 

Andrew Cuomo’s assets

Andrew Cuomo’s wealth stem from various sources, the most notable ones being:

• His political career: Cuomo started his political career in 1984. As the Governor of New York alone, Cuomo earned $225,000 a year;
• Book royalties: Cuomo was reportedly paid $5 million to write his 2020 pandemic memoir, American Crisis;
• Pension: Cuomo is also entitled to a pension from decades of public service, for which he filed in 2021;
• Real estate: Andrew Cuomo has invested significantly in real estate and played a key role in major public-private real estate initiatives, such as the Tappan Zee Bridge redevelopment and the rebuilding of LaGuardia and JFK airports;
• Media and consulting income: Cuomo has also made a number of paid public speaking appearances.

In the disclosure he filed with the New York State Commission on Ethics and Lobbying in Government, Cuomo reported the following assets:

• Federal Employees Retirement System (FERS) retirement plan: $20,000–$50,000;
• AMG National Trust bank assets: Including dividends $20,000–$50,000 and Capital Gain $450,000–$550,000; 
• JP Morgan Chase: Interest income $1–$1,000;
• Penguin Book House assets: Including Advances on Royalties $3,050,000–$3,150,000 and Income $2,050,000–$2,150,00.

Controversies

Cuomo is no stranger to scandals and controversies. 

During the COVID-19 pandemic, his administration faced harsh criticism for its directive requiring nursing homes to accept COVID-positive patients, which, according to some critics, contributed to thousands of deaths. 

In 2021, Cuomo also faced multiple allegations of sexual harassment, including those coming from former aides. While Cuomo denied any misconduct and initially refused to resign, the damage was palpable, and Cuomo ultimately stepped down. 

The former governor was also forced to return part of his book profits following investigations into the (mis)use of state resources, including personnel.

In 2025, it was reported by Bloomberg that Cuomo had $3 million in options that he failed to disclose.

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