Eric Garcetti Net Worth

eric garcetti net worth
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Eric Garcetti is a politician and is currently serving as the 42nd Mayor of Los Angeles. Garcetti is a member of the Democratic Party. He was elected in 2013 as the Mayor and was re-elected in 2017. He is Los Angeles’ first Jewish and second Mexican-American Mayor, and the youngest mayor to have been elected in 100 years.

On 18th December 2020, Garcetti announced that his nine-year-old daughter, Maya had tested positive for COVID-19. Making the announcement during a coronavirus briefing at home, Garcetti said that he and his wife have tested negative but shall be quarantining. He shall not be physically present for meetings and will work remotely.

Eric Garcetti Net Worth is estimated to be $3 Million

According to CelebrityNetWorth, Garcetti has a net worth of $3 Million, making $248,000 each year as the Mayor of Los Angeles since 2017. In his 2017 financial disclosure, it was revealed that he owned stakes between $10,000 and $100,000 in four companies, including Starbucks. He also revealed many real estate investments, worth $100,000 to $1 million. His family also owns several apartment buildings whose rental income benefits Garcetti.

Eric Garcetti’s Career As A Politician

Born in Los Angeles, Garcetti was raised in Encino. His father, Gil Garcetti served as the District Attorney of Los Angeles from 1992 to 2000. Garcetti attended Columbia University, Queens College, Oxford University, and London School of Economics. Before entering politics, he served as a Lieutenant in the United States Navy from 2005 to 2013.

Garcetti served as a member of the Los Angeles City Council from 2001 to 2013 and as the Council’s President from 2006 to 2012. In 2013, he was elected as Los Angeles’ Mayor and then, was re-elected in 2017. He is the current and 42nd Mayor of Los Angeles. Opinion-piece authors have described his tenure as the Mayor as “progressive” and “pragmatic”.

Eric Garcetti’s Daughter Tests Positive For COVID-19

During a coronavirus briefing, Garcetti revealed that his daughter, Maya had tested positive for COVID-19. He said that she had mild symptoms and will be in isolation for at least ten days. He announced that she is stable and is doing fine.

“On Monday while I was at work, my wife called to let us know our beloved daughter Maya, who turned 9 this weekend, wasn’t feeling very well,” Garcetti said during the briefing from home. “And after she came down with a fever, we had her tested for COVID-19 and her results came back positive.”

During the briefing, Garcetti warned the residents of Los Angeles that hospitals are out of space and staff and the city is going into a system-wide crisis. “That frightens me, and it should frighten you,” Garcetti said.


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