Who is the richest SF mayoral candidate?

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Mayoral candidates filed financial disclosures in June, disclosing financial interests including investments, real property, income and gifts.

Financial disclosures filed last month show Daniel Lurie and Mark Farrell as the wealthiest candidates in the mayor’s race, with an array of investments each worth anywhere from $2,000 to over $1 million, adding up to at least $10.2 million for Farrell and $6.8 million for Lurie.The financial disclosures do not show a complete picture of the candidates’ worth — they only show investments or properties “where conflicts of interest might occur.

Peskin, the only candidate who reported any real property holdings, listed three properties in his district at Telegraph Hill that are worth at least $2.1 million, or over $3 million on the higher end. He also received between $30,000 to $300,000 in rental income from these properties. ,” and Lurie, the Tipping Point founder and Levi Strauss fortune heir, reported the highest market values of their stock and other holdings.

Lurie, similarly, reported about a dozen investments under his name where he has less than a 10 percent ownership. Those include stocks in the crypto company Ripple — led byMost of Lurie’s investments, however, are tied to funds like the Daniel Lurie Trust and Wilmot Ventures, in which he has more than 10 percent stakes.

Peskin also reported income between $10,001 to $100,000 as president of his environmental nonprofit, Great Basin Land & Water, together with over $100,000 from his wife’s salary at the same organization. Breed disclosed 33 travel payments of $500, totaling $16,500 that funded her trip to Israel last May, “to promote cultural and economic ties between San Francisco and Israel.” She also reported a $6,600 travel payment for her to participate in the Bloomberg CityLab urban policy conference in D.C. and two $500 gifts for galas during APEC.

The three candidates who already hold elected office — Breed, Safaí and Peskin — filed their disclosures in April; Lurie and Farrell were only required to file financial interest documents with their nomination papers by June 11.

 

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