Prior to a primary debate on Monday night, Michigan Democratic U.S. Senate candidate Abdul El-Sayed disclosed new financial information. This disclosure highlighted assets worth up to $2.1 million for him and his wife. This comes as the primary election against Rep. Haley Stevens, D-Mich., approaches, shedding additional light on El-Sayed’s financial standing. Despite this, certain questions about his wealth still remain.
Most of the financial details were previously reported last year by El-Sayed himself. However, the recent filing introduces three notable updates. These include a rental property in Dubai valued at up to $250,000, a liability in Dubai up to $100,000, and a change in his employment status in Michigan.
El-Sayed and his wife have another rental property in Ann Arbor, Michigan, and one in Bangalore, India. The Dubai property is thus their third real estate holding. The liability is linked to Majid Al Futtaim Tilal, specializing in luxury real estate development. The filing also shows El-Sayed worked as a Wayne County consultant with an income of $72,000, while a salary of $82,750 is also listed for Wayne County. This contrasts with last year’s reported salary of $278,900.
Comments on social media reflect skepticism towards El-Sayed’s wealth, with gun-control activist Shannon Watts and Democratic analyst Rachel Bitecofer questioning the candidate’s assets. The financial filings for 2025 and 2026 place El-Sayed’s net worth between $870,000 and $2.1 million.
The Michigan race is in the national spotlight as Stevens, backed by Sen. Chuck Schumer, D-N.Y., competes against El-Sayed, whose platform appeals to progressives. He advocates for challenging the U.S.-Israel relationship, eliminating ICE, and universal healthcare, earning support from fellow progressives like Sens. Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt.
During a recent debate, Stevens criticized El-Sayed over his net worth and transparency. She emphasized being the only non-millionaire candidate and questioned his unreleased tax returns. Despite filing his Senate report ahead of the debate, El-Sayed deflected questions about his tax returns by stating he made necessary disclosures.
El-Sayed had obtained 90 days to complete his 2026 paperwork, submitting his disclosures before the primary. He had committed earlier this month to filing them on time. However, his campaign has not addressed inquiries about the timing or the disclosed information.
