Stacey Abrams Goes From Poor Politician to Multimillionaire by Losing an Election

[mystery-ak]

Stacey Abrams Goes From Poor Politician to Multimillionaire by Losing an Election
By Alex Parker | Apr 05, 2022 11:15 PM ET

Sometimes, it pays to come in last. Just ask Stacey Abrams.

As the Democratic nominee, she took a shot at becoming Georgia’s governor in 2018.

Upon final count, she’d been bested by Republican Brian Kemp.

But why let a loss affect whether one wins? She simply refused to speak failure into existence.

“Is [Brian] the legitimate governor-elect of Georgia?” Jake Tapper asked her at the time.

She didn’t say yes:

“He is the person who won the adequate number of votes to become the governor. … Words have meaning. I spent my lifetime, not only as an attorney, but as a writer. And I’m careful of the words I choose. … He is the legal victor.”

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https://redstate.com/alexparker/2022/04/05/stacey-abrams-goes-from-poor-politician-to-multimillionaire-by-losing-an-election-n546212

[Kamaji]

Corruption and vigorish are the grifter's best friends.

Kemp criticized Abrams in 2018 for owing $54,000 to the IRS, self-employment taxes she didn’t pay on time. …

Abrams also had $96,000 in student loan debt and $83,000 in accumulated credit card debt in 2018. She only had a positive net worth because a publisher had paid a $150,000 advance on her first nonfiction book. In that book, “Minority Leader,” Abrams wrote that she borrowed at a time when “my understanding of personal finance barely scratched the surface.”

As she launches a second bid this year, [lackluster finances are] no longer an issue.

Abrams now says she’s worth $3.17 million, according to state disclosures filed in March. That’s compared with a net worth of $109,000 when she first ran four years ago.

[Kamaji]