Nikki Haley Net Worth

Nikki Haley Net Worth

How much does Nikki Haley make?

Nikki Haley is an elected official and businesswoman from South Carolina, where she is currently the Governor-elect. Haley represented Lexington County in the South Carolina House of Representatives from 2005 to 2010.

first female governor of South Carolina and the second Indian American governor in the country, after Louisiana 's Bobby Jindal. She has already been mentioned as a "long shot" presidential candidate for 2012.

Haley was born Nimrata Nikki Randhawa in Bamberg, South Carolina on January 20, 1972. Her parents, Dr. Ajit and Raj Randhawa, are Sikh immigrants from Amritsar, India. She has two brothers, Mitti and Charan, and a sister, Simran. Haley attended Clemson University and majored in accounting and then joined the FCR Corporation (a waste management and recycling company) before joining her mother's business, Exotica International, an upscale clothing firm, in 1994. The family business grew to a multi-million dollar company.

According to Charlestoncitypaper.com,

In 2006, Nikki Haley’s finances were a mess.

The Republican gubernatorial candidate reported a family income of $40,269 on her 2006 tax returns, including her husband’s money-losing business. Half that income went to pay interest on the family’s $289,000 mortgage alone.

Then, the foundation arm of Lexington Medical Center, which State Rep. Haley had supported in its fight to open a heart surgery center, came to Haley’s financial rescue.

By 2009, Haley was pulling down more than $100,000 at a fundraising job for the Lexington Medical Center Foundation.

That job was created expressly for Haley, the hospital says, despite a resume that included only accounting positions with a Charlotte firm and with her parents’ clothing company. Campaign spokesman Rob Godfrey said Haley had fundraising experience, but did not provide specifics, and had served on the hospital board before she was elected to the Legislature or took the foundation job.

Haley’s hiring was approved only by Lexington Medical’s chief executive, not the foundation’s board.

And she was paid 63 percent more than fundraisers at similarly sized charities, according to records obtained by The State and an industry group that studies nonprofit salaries.

Those records also show that in paying Haley, Lexington Medical Center Foundation spent seven times more in salaries and overhead than the much-larger foundation at Palmetto Health Richland. Of every $10 the Lexington foundation raised, more than $2 went to pay Haley’s salary.