Andrew Cuomo has a net worth of $11 million, built from decades in politics, lucrative book deals, and post-resignation consulting work. As the 56th Governor of New York, Cuomo earned a salary of $200,000 per year, while collecting royalties and advisory equity stakes worth millions.
Career and Earnings Overview
Andrew Cuomo began his political career as campaign manager for his father, Mario Cuomo, before working in housing advocacy and later as a Clinton-era HUD Secretary. He returned to New York politics in the 2000s and became Attorney General in 2006, followed by three terms as Governor of New York from 2011 to 2021.
Cuomo’s financial disclosures show he earned:
- $1M annually as an advisor to real estate investor Andrew Farkas (2004–2005)
- $650,000 in 2015 from his memoir
- $5.1 million in 2020 for his COVID-era book, with $3 million upfront and $2 million to follow
In 2024, Cuomo launched Innovation Strategies, earning over $500,000 in consulting fees and stock options from Nano Nuclear Energy, now worth an estimated $2.6 million.
Book Royalties and Controversy
Cuomo published:
- “Crossroads” (2003)
- “All Things Possible” (2014) – fewer than 4,000 copies sold
- “American Crisis” (2020) – fewer than 50,000 copies sold
Despite low sales, Cuomo secured a $5.1M book deal for American Crisis. However, he faced backlash for using state employees during government hours to write and edit the memoir. In December 2021, a New York ethics panel ordered him to return the proceeds, citing violation of ethics conditions.
Post-Governorship Wealth Growth
After resigning, Cuomo’s wealth increased through:
- State pension: $50,000 annually
- Nano Nuclear advisory board seat with 125,000 stock options at $3/share, now trading above $24/share
- Consulting clients in crypto and nuclear sectors
These assets were funneled through his LLC, avoiding full disclosure under conflict-of-interest laws.
Early Life and Education
Born December 6, 1957, in Queens, New York, Andrew Mark Cuomo is the son of former NY Governor Mario Cuomo. He earned a B.A. from Fordham University (1979) and a J.D. from Albany Law School (1982).
His siblings include CNN’s Chris Cuomo, film producer Maria Cuomo Cole, and Dr. Margaret Cuomo. The family has deep Italian roots from both southern Italy and Sicily.
Political Career Milestones
- 1982: Campaign manager for father Mario Cuomo
- 1993–2001: Served in HUD under President Clinton
- 2006–2010: New York Attorney General
- 2011–2021: Governor of New York
During his tenure, Cuomo led on:
- Same-sex marriage legalization
- Medicaid expansion
- $15 minimum wage
- Tough gun laws (SAFE Act)
- Excelsior Scholarship for free college tuition
- COVID-19 pandemic leadership, including daily televised briefings
Resignation and Scandal
In August 2021, Cuomo resigned after a state investigation confirmed sexual harassment allegations from multiple women. The report triggered bipartisan calls for his resignation. His handling of nursing home deaths during COVID-19 also drew scrutiny, with reports he undercounted deaths by 50%.
Personal Life
Cuomo was married to Kerry Kennedy (1990–2005), with whom he has three daughters: Cara, Mariah, and Michaela. He later dated TV personality Sandra Lee until 2019.
A viral 2020 CNN interview between Cuomo and his brother Chris highlighted their family dynamic during the COVID-19 crisis.
Summary: Andrew Cuomo Net Worth
| Category | Details |
|---|---|
| Net Worth | $11 Million |
| Salary (Governor) | $200,000/year |
| Book Deal (2020) | $5.1 Million |
| Consulting Income | $500,000+ (2024) |
| Stock Options (Nano) | Worth ~$2.6 Million (unexercised) |
| State Pension | $50,000/year |
