Stacey Abrams entered the Georgia governor’s race in 2018 with hundreds of thousands of dollars in debt, but her outrageous election denialism over the last four years made her into a multi-millionaire as she once again enters the gubernatorial race in the Peach State.
State disclosure filings from March suggest that Abrams is worth $3.17 million going into the 2022 election. Nearly four years after she racked up more than $400,000 in credit card debt, student loans, back taxes, car loans, and real estate debt and argued that her massive financial dues shouldn’t disqualify her from running, Abrams made at least $6 million dollars off of speeches, books, work, and holdings that largely centered around her baseless claims of election fraud.
When Abrams lost the election in 2018 to then-Secretary of State Brian Kemp by 1.4 percentage points, she refused to formally concede on the grounds that the election was “tainted” and resulted in the “disinvestment and disenfranchisement of thousands of voters.”
Abrams eventually acknowledged that Kemp “will be certified the victor in the 2018 gubernatorial election” but refused to concede.
“But to watch an elected official, who claims to represent the people in the state, baldly pin his hopes for election on the suppression of the people’s democratic right to vote has been truly appalling,” she said in her non-concession speech. “So let’s be clear, this is not a speech of concession because concession means to acknowledge an action is right, true, or proper. As a woman of conscience and faith, I cannot concede that.”
There was no evidence for these claims, but Abrams profited off of them anyway. While her organization filed lawsuits alleging election misconduct, Abrams clamored to get her election fraud allegations on corporate TV programming.
Abrams’ penchant for being a sore loser resonated with the Democrat Party, which was still bitter about former President Donald Trump’s victory in 2016, and scored her political points with other failed candidates such as Hillary Clinton, who complained that “if [Abrams] had a fair election, she already would have won.”
More recently, she shoved her way into now-President Joe Biden’s vice president considerations. When the corporate media’s bid to put her in office didn’t work out, Abrams made a national show of calling for boycotts of Georgia when Republicans in her state passed election integrity laws.
The Georgia Democrat’s popularity with high-ranking Democrats pushed her to write several books outside of her normal steamy romance genre and give more paid speeches, which together awarded her at least $5 million in payments over the last 3-plus years. She was also featured in an activist documentary funded by Amazon highlighting her election fraud claims.
By 2019, Abrams’ lucrative election-doubting gig had reportedly floated her enough to pay off her credit card and student loan debt, which totaled more than $179,000.
She also raked in $700,000 working for her organization, the Southern Economic Advancement Project, which boasts about “broadening economic power and building a more equitable future.”
Abrams’ miraculous journey from debtor to multi-millionaire only happened because Democrats and the corporate media gave her a platform to repeat bogus election denialism — two years before they shamed Trump-supporting Republicans for raising legitimate election-rigging issues. Even if she loses in 2022, with the help of Democrats and the media she will keep making money off of her failure.