Stacey Abrams has become a household name in recent years. Less well understood is the network of nonprofit and for-profit enterprises she's built over 2 decades and how it laid the groundwork for her national platform and her rise to millionaire status.
But wealth has indeed come to Abrams — largely from speaking fees and book royalties since 2018.Abrams' career as an author began in law school with a side gig writing romance stories under the pen name "Selena Montgomery." Her annual reported royalties — while $125,000 in 2017 — reached more than $2 million last year."In the last four years, more people were able to pay attention to what I was doing," Abrams told Axios. "They were more aware of my books.
"But there was nothing overnight about what happened," she said. "I was able to maximize my productivity of 20 years. That's a really long time for an 'overnight success.'" Editor’s note: This story has been corrected to reflect that the New Georgia Project Action Fund was created without Abrams’ direct involvement, and that Abrams has ties to nine nonprofits and advocacy groups, not 10.
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