SACRAMENTO, Calif. — Caitlyn Jenner’s earnings have plummeted in recent years, from a high of $2.5 million in 2016 when she had her own reality TV show to around $550,000, according to tax records.
In 2019, Newsom signed legislation mandating presidential and gubernatorial candidates to submit their tax returns in order to appear on the California ballot. It was enacted in an attempt to get former President Donald Trump to reveal his tax returns ahead of the 2020 presidential race. The presidential requirement was overturned by a court, but it remained in effect for gubernatorial candidates. This is the first time it’s been used in an election.
Jenner was a 1976 Olympic gold medallist in the decathlon who married Kris Jenner and co-hosted the reality show “Keeping Up with the Kardashians.” Jenner revealed her gender identity as a transgender woman in 2015.
Her tax filings provide insight into how her celebrity helped her financially.
She earned $1.9 million in 2017 when her novel “The Secrets of My Life” was released, and $2.5 million in 2016, when her reality show “I Am Cait” aired in its second season. The novel netted her almost $1.5 million. Jenner’s earnings from the show were not immediately apparent from her tax filings.
Jenner’s net worth was estimated to be about $550,000 in both 2018 and 2019. Much of it came through her company, Cait’s World, and a company named Team Tours Inc. Jenner’s campaign did not reply to a request for comment on the work she conducted for either company.
Jenner is now in Australia, where she is developing a celebrity version of “Big Brother.”
Jenner’s entire philanthropic contribution went to the Caitlyn Jenner Foundation, which offers grants to groups that support transgender individuals, according to its website.
Candidates for governor were also obliged to file financial disclosure forms detailing their investments. Jenner’s tax returns indicate she has stock in dozens of businesses, including $10,000 to $100,000 stakes in Facebook and Google, both of which are headquartered in California. She has stock in Boeing, Wells Fargo, Berkshire Hathaway, and a number of other businesses valued at up to $10,000.
Cait’s World and CJ Memories, her publishing company, is worth between $100,000 and $1 million, according to the statement. She also owns Caitlyn Aviation, an aircraft holding business, and is a passive investor in Luma Sun Treatment Inc., a skincare firm founded by her friend Sophia Hutchins.
The recall election is scheduled for September 14th. Here’s a look at some of the other key Republicans among the 41 contenders’ tax returns:
—From 2016 through 2019, Kevin Faulconer, a Republican and former mayor of San Diego, received a mayoral salary of between $69,000 and 80,000 dollars a year. He hasn’t even filed his 2020 tax filings yet. Faulconer filed jointly with his wife, who owns a San Diego event planning company. Donations to Goodwill were the couple’s philanthropic giving.
—After declaring losses on several of the apartment complexes he owns and deducting $139,000 in charity donations, John Cox, a multimillionaire Republican businessman who lost to Newsom in 2018, had $0 in taxable income in 2019.
—Real estate investor Ose and his wife reported $717,000 in income in 2019, the most recent year for which data is available. Their tax bill was $193,000, but they had paid a total of $260,000 in taxes, so they were eligible for a refund of $67,000.