According to a report by the New York Post, Republican presidential candidate Nikki Haley quietly purchased a $2.4 million waterfront estate in South Carolina following her exit as United Nations ambassador.

Haley “procured the residence in October 2019, following her exit from public office and five months after joining the board of Boeing,” the outlet wrote.

Collin Rugg writes:

Thanks to getting rich off politics, Nikki Haley was able to purchase a $2.4 million waterfront home in South Carolina.

Just five months after joining Boeing, Haley purchased the massive home on Kiawah Island.

The house boasts 4 bedrooms, 4.5 baths and a whopping 5700 square feet as well as a pool in the backyard.

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Since leaving her position as UN ambassador, Haley’s net worth has reportedly gone from $1 million to $8 million.

Nothing like getting rich off of politics!

The New York Post had the scoop:

This expansive mansion, jointly purchased with her husband, Michael Haley, finds its place in the exclusive enclave of Kiawah Island.

Originally listed for $3.3 million, Haley and her husband’s adept negotiation skills resulted in a significant reduction in the property’s price at the time.

Constructed in 2003, the Mediterranean-style dwelling sprawls across a half acre, commanding picturesque views of the Kiawah River, adorned with century-old oaks and palm trees. Kiawah Island, located less than an hour’s drive from Charleston, has long been known as an affluent, but lowkey, beach getaway with prime golf courses and its famed Sanctuary resort.

Over the years, Kiawah has hosted a plethora of distinguished guests, including Bill and Hillary Clinton, George Clooney, Oprah Winfrey and President Joe Biden.

The sophisticated architecture boasts tiered balconies, private terraces, a pool and a poolside loggia housing an outdoor kitchen.

Perhaps more GOP voters should have listened to Vivek Ramaswamy when he said “Nikki is corrupt!”

“Nikki is corrupt. This is a woman who will send your kids to die so she can buy a bigger house,” Ramaswamy said on the debate stage.

WATCH:

Forbes provided additional details on how Nikki Haley built her fortune:

When 2024 presidential candidate Nikki Haley last served in office as the U.S. ambassador to the United Nations, her family’s finances were a mess. Her parents owed over $1 million and were in danger of losing their Lexington, South Carolina home. A devoted daughter, Haley had loaned them hundreds of thousands of dollars in the past with her husband. But she could not solve all of her parents’ problems, with less than $100,000 sitting in her bank accounts and $185,000 coming in each year in salary.

Haley stunned Washington by resigning her role in the Trump administration in 2018, less than two years after taking office. A spokesperson for Haley claims that the family financial troubles had “no bearing whatsoever on Ambassador Haley’s decision to leave her position” and points to a section of Haley’s resignation letter in which she expressed support for “rotation in office.” But the same letter also suggested that Haley may have had money-making ventures on her mind: “As a businessman,” she wrote to Donald Trump, “I expect you will appreciate my sense that returning from government to the private sector is not a step down but a step up.”

Indeed. Since then, Haley’s net worth has ballooned from less than $1 million to an estimated $8 million. How did she make so much money in so little time? By following a tried-and-true playbook for politicians looking to cash in on their fame. Speeches to companies like Barclays and organizations such as the Centre for Israel and Jewish Affairs provided more money in a day than Haley had previously earned in a year. It’s not clear how many talks she gave from 2019 to 2021, but Haley hauled in $2.3 million from just 11 events in 2022.

She wrote two books after leaving the Trump administration. A 2019 memoir sold more than 100,000 copies. A 2022 title provided more than $350,000 in advance payments. Haley also offered consulting services, generating more than $700,000 in fees. Then there were corporate boards. She became a director of Boeing in 2019, then stepped down the next year, collecting over $300,000 in cash and stock. Haley remains on the board of the United Homes Group, which has provided her with more than $250,000, as well as the promise of earning much more as equity grants vest down the road.

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