Photo Reuters
Photo Reuters

Biography

Full Name: Kathleen Courtney Hochul

Date of Birth: Aug. 27, 1958 (age: 63)

Place of Birth: Buffalo, N.Y.

Religion: Roman Catholic

Hometown: Hamburg, N.Y.

Place of Residence: Snyder, N.Y. Previous Occupation: Attorney

Born in Buffalo, New York, Hochul earned a B.A. degree from Syracuse University in 1980 and a J.D. from Catholic University four years later.

After graduating from law school, she worked for a private Washington D.C. firm before serving as legal counsel and legislative assistant to U.S. Rep. John LaFalce and later U.S. Sen. Daniel Patrick Moynihan, according to her official New York state bio.

The 62-year-old politician was born to a blue-collar Irish Catholic family in Buffalo. She is the second-oldest of six children and began getting involved in politics as a teenager. She attended Syracuse University, where she received a degree in political science. It was during her time in college that Hochul interned at the New York State Assembly, where she met her future husband, Bill Hochul. Kathy then went on to law school, graduating from the Catholic University Columbus School of Law in 1984.

In 1994, Hochul was elected to the Hamburg Town Board in Erie County, New York, and served until 2007 when she was appointed the Erie County Clerk.

"She served as liaison to the local economic development agency and worked to attract new businesses and create jobs following the loss of the [Western New York] manufacturing base," her bio said.

Advocacy: Hochul worked with her mother and her aunt to create a transitional home for victims of domestic violence in Erie County, called the Kathleen Mary House.

What is Kathy Hochul’s net worth?

Photo BBC
Photo BBC

Accounts of incoming NY Governor Kathy Hochul’s net worth vary.

According to Open Secrets, as of 2012, she had an estimated net worth of just under $3.2m, with the bulk of her assets being invested in commercial banks.

Ballotpedia, meanwhile, holds that her net worth – in the same year – was just over $1.6m, with a base salary of $151,000.

Despite disparities in estimates of Kathy Hochul’s net worth, we know unequivocally what her salary was for the year 2020.

Per See Through NY’s payroll data for the year 2020, Kathleen “Kathy” C Hochul took a salary of $209,903 as the lieutenant governor of New York.

She has held this office since 2015, so it seems likely that her salary has been in the region of $200k since then.

How do her net worth and salary compare to others in similar positions?

$200k per year as lieutenant governor of New York may seem like a hefty pay cheque, but Kathy Hochul earns significantly less than the city’s highest earners.

In the same year, then-governor Andrew Cuomo took $223,807, employed by the Executive Department; his top aide, Melissa DeRosa, earned just over $200k.

What does Kathy Hochul’s salary mean for her tax rate?

Those earning more than $207,351 in the US currently fall into the 35% tax rate. According to Nerd Wallet, this means they pay $47,367.50 as a base rate, plus 35% of the amount over $207,350.

New York State, meanwhile, has among the highest tax rates for the highest earners. Although, “highest earners” in the US tends to mean individuals earning millions per year, rather than hundreds of thousands.

Staff at the City University of New York (CUNY) and the State University of New York (SUNY) were among the highest earning state employees of 2020, with several pay cheques exceeding $600,000.

Family

Photo Daily Mail
Photo Daily Mail

Kathy Hochul has been married to her husband William J. Hochul Jr. for more than 35 years now. As a matter of fact, the couple got married in 1984 but not much about their early love life can be found on the internet. Both of them are living happily together for a pretty long time.

Opening up about her family life, Kathy Hochul has 2 children namely, Caitlin Hochul and William Hochul. While the professional background of Kathy’s daughter, Caitlin is not known to the outsiders, William Hochul is a lawyer. Moreover, he has also worked as a United States Attorney for the Western District of NY from 2010 to 2016.

Is Kathy Hochul available on any kind of social media platform?

She is active on Instagram with the username “@ltgovhochulny” with 11.4k followers. she is highly active on Twitter with the username “@Kathy Hochul” with 50.7k followers and also on Facebook with the username “@Kathy Hochul.”

Kathy Hochul will take over as governor of New York

Photo Syracuse
Photo Syracuse

Andrew Cuomo, the governor of New York, announced that he will resign in two weeks following an investigation by the state attorney general into allegations that he sexually assaulted multiple women.

Hochul will be the state’s first female governor, inheriting a political scene dominated by Cuomo for more than a decade. She’ll also take office at a time when New York is dealing with a resurgent coronavirus outbreak as well as the impact of Cuomo’s resignation.

Education and Career

Lieutenant Governor Kathy Hochul began her career in public service on her local Town Board before serving as Erie County Clerk, and then as a member of Congress for New York’s 26th Congressional District.

Since 2015, she has served as the highest-ranking female elected official in New York State government. She is also the first Democratic woman to be re-elected to a second term as Lieutenant Governor.

Lieutenant Governor Hochul has successfully spearheaded numerous initiatives and leads the administration’s economic development and job creation efforts across the state, working every day to advocate for policies that help all New Yorkers make ends meet. She also continues to help New York State manage the COVID-19 pandemic response while focusing on a recovery that builds back better and more inclusive.

Lieutenant Governor Hochul chairs the statewide Regional Economic Development Councils that have transformed the state’s economy by building upon regional strengths through long-term strategic plans. She also serves as co-chair of the state’s Heroin and Opioid Task Force to hear from experts and community members in search of answers to the opioid crisis and develop a comprehensive strategy for New York.

As Lieutenant Governor, she championed the ‘Enough is Enough' law to prevent sexual assault on college campuses, spearheaded the state's Paid Family Leave program, and is continuing to work to eliminate the gender wage gap and expand access to affordable child care.

She serves as chair of the State’s Women’s Suffrage Commission and co-chair of the state’s Child Care Availability Task Force.

In Congress

As Lieutenant Governor, Hochul is the liaison to New York’s federal representatives in Washington, D.C. From 2011 to 2013, she served in the U.S. House representing New York’s 26th Congressional District. Then Congresswoman Hochul served on the House Armed Services and Homeland Security Committees, traveling to Afghanistan to confer with military leaders and meet with active duty men and women. Her focus in Congress was job creation and bridging the skills gap by bringing together business and academia, and creating opportunities for returning veterans.

Early Career and Education

Lieutenant Governor Hochul served as County Clerk from 2007 to 2011. Before that, Hochul worked for 14 years as a Hamburg Town Councilmember. She served as liaison to the local economic development agency and worked to attract new businesses and create jobs following the loss of the Western New York manufacturing base.

The Lieutenant Governor holds a bachelor’s degree from Syracuse University and a law degree from Catholic University in Washington, D.C. She began her legal career working at a large firm in Washington, D.C., and later served as legal counsel and legislative assistant to Congressman John LaFalce and Senator Daniel Patrick Moynihan. She was instrumental in drafting legislation related to campaign finance reform, immigration reform, and combatting drug abuse.

Photo ABC News
Photo ABC News

In 2006, Hochul joined her mother and aunt in establishing the Kathleen Mary House, a transitional home for victims of domestic violence.

In 2011, Hochul was elected to the U.S. House of Representatives in a special election for New York's 26th district. Chris Collins would defeat her in the 2012 election.

During her tenure, she sat on the Armed Services and Homeland Security committees.

Cuomo nominated Hochul to be his lieutenant governor when he successfully ran for his second term in 2014. Cuomo and Hochul won re-election in 2018.

Under the Cuomo administration, Hochul has overseen several state projects and governing groups. She chairs 10 regional economic development councils, which help decide investments for projects in New York and the State Workforce Investment Board.

Cuomo appointed her as co-chair of the Heroin and Opioid Abuse Task Force.

Hochul can run for re-election in 2022.

Hochul will assume the governorship once Cuomo's resignation goes into effect in late August. She will appoint her own successor for the lieutenant governor position, but New York Senate Majority Leader Andrea Stewart-Cousins will take on Hochul's duties until Hochul names a replacement.

On November 8, 2022, New Yorkers will head to the polls for the next gubernatorial election. Hochul can run for reelection, buying herself four more years, but she has not yet indicated whether she will do so. If Hochul runs, there is also a possibility that she would be challenged in the Democratic primary, which normally takes place shortly before the general election.

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