Kamala Harris, the presidential candidate, and her husband Doug Emhoff have surprised many by refinancing their expensive properties on both coasts a whopping ten times. They’ve borrowed a staggering $13 million to do this, despite their combined net worth being around $8 million, according to Forbes.
What’s even more surprising is that all their loans are with Wells Fargo Bank, a bank Kamala had major legal battles with when she was Attorney General of California. Back then, she fought Wells Fargo over issues like privacy violations and predatory lending, so it’s quite a twist that she’s now borrowing millions from them.
Here’s a closer look at their real estate dealings:
The California Mansion
The couple owns a luxurious mansion in Brentwood, Los Angeles, which they’ve heavily mortgaged. Doug Emhoff bought this home for $2.7 million in 2012. Since then, they’ve taken out numerous loans on it, including a $2 million mortgage and several lines of credit totaling $10.16...
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