Culture, Politics

So, Why Exactly is Stacey Abrams Now a Millionaire?

The facts of the case are straightforward: in 2018, Georgia’s far-Left supermodel and shadow governor Stacey Abrams’ reported net worth was $109,000. Now it’s $3.17 million. Amid questions about how she made some of these gains, Abrams has insisted that there has been no impropriety. Even if that is true, however, her rapid rise to millionaire status is, or should be, a cautionary tale about America’s political culture today and why we have so many politicians who just hang on in Washington year after year, decade after decade: being an elected official or a person of political influence is just too lucrative. reported Thursday that “Abrams’ net worth skyrocketed over 2,800% in just three years thanks in part to her holdings in a company called Now Corp. (previously called NowAccount or “Now”), a Government Accountability Institute study has found.” It seems that Abrams’ “campaign filings show her net worth is more than $3.17 million after making more than $6 million in book advances, speaking deals and growing corporate investments like NowAccount.”

In addition to all her political activity, Abrams has found time to write four books, including a novel, “a gripping, complexly plotted thriller set within the halls of the U.S. Supreme Court” that became a number one New York Times bestseller and is in the works to become a TV production. In May 2021, she signed a deal with Doubleday for two more novels. She commands between $50,000 and $100,000 for a single speech. Read more…

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