Democrat Antonio Villaraigosa parlayed his “business consulting” firm into a million-dollar operation since leaving the Los Angeles mayor’s office in 2013, averaging more than $1.3 million in income annually, according to a review of his recent tax records.
Villaraigosa allowed reporters to review his six most recent years of tax returns on Tuesday at the downtown San Francisco offices of his political consultant. While his campaign released a list of 17 clients, along with timelines for his services, the bulk of the tax forms do not include a breakdown of how much he or his company earned from each of the entities.
Two of the companies he’s worked for have been clouded in controversy. Herbalife has been criticized by opponents who contend it preys on poor and minority consumers. Banc of California is reportedly under investigation by the Securities and Exchange Commission.
Villaraigosa has told the Sacramento Bee he is proud of his work with Herbalife and Banc of California.
Think how much more cash he’d make if he was elected governor.