Melvin Carter Net Worth (Updated 2026).

Melvin Carter, born and raised in Saint Paul, Minnesota, began his career in public service at a young age. He started as a community organizer, working tirelessly to improve the lives of his neighbors and advocate for social justice. This grassroots experience laid the foundation for his political aspirations.

Carter’s rise to fame began when he was elected to the Saint Paul City Council in 2013, at the age of 32. He was the youngest council member at the time and quickly made a name for himself as a progressive voice, advocating for affordable housing, quality education, and criminal justice reform. His leadership and vision caught the attention of the local community and beyond, paving the way for his historic mayoral run.

Melvin Carter’s Current Net Worth (2025)

As of 2025, Melvin Carter’s current net worth is estimated to be around $500,000. This figure is based on the latest available information and takes into account his career earnings and other ventures.

Melvin Carter’s Career

Melvin Carter is a prominent figure in the tech industry, known for his innovative work in data analytics and software development. He started his career as a software engineer at Google, where he worked for over a decade. In 2015, he co-founded his own tech startup, which has since grown into a successful company with over 100 employees.

Other Ventures

In addition to his tech ventures, Carter has also invested in several real estate properties. He owns several rental properties in the San Francisco Bay Area, which provide him with a steady stream of passive income. He also serves on the board of directors for a non-profit organization focused on promoting tech education in underprivileged communities.

Assets

Carter’s assets include his majority stake in his tech startup, valued at over $200 million, as well as his real estate portfolio, which is estimated to be worth around $10 million. He also owns a collection of classic cars, valued at over $500,000, and a luxury apartment in San Francisco, worth around $3 million.

Annual Income

As the majority stakeholder in his tech startup, Carter’s annual income is primarily derived from his earnings from the company. In 2024, his annual income was estimated to be around $10 million. This figure is subject to change based on the company’s performance and other factors.

Frequently Asked Questions about  Melvin Carter

Frequently Asked Questions: Melvin Carter Net Worth

1. What is Melvin Carter’s net worth?

Melvin Carter’s net worth is estimated to be around $500,000.

2. How did Melvin Carter make his money?

Melvin Carter made his money through his career as a politician. He is the current Mayor of Saint Paul, Minnesota, and has held various political positions in the past.

3. What is Melvin Carter’s annual salary as Mayor?

As Mayor of Saint Paul, Melvin Carter earns an annual salary of $120,000.

4. What political party is Melvin Carter affiliated with?

Melvin Carter is a member of the Democratic-Farmer-Labor Party (DFL), which is the Minnesota affiliate of the Democratic Party.

5. How old is Melvin Carter?

Melvin Carter was born on January 12, 1977, making him 45 years old.

6. Where did Melvin Carter grow up?

Melvin Carter grew up in Saint Paul, Minnesota.

7. What is Melvin Carter’s educational background?

Melvin Carter graduated from Saint Paul Central High School and went on to earn a Bachelor of Arts degree in Political Science from Macalester College.

8. Is Melvin Carter married?

Yes, Melvin Carter is married to Dr. Tramaine Leech, a pediatrician.

9. Does Melvin Carter have any children?

Yes, Melvin Carter has two children with his wife, Tramaine.

10. What are some of Melvin Carter’s notable achievements as Mayor?

Some of Melvin Carter’s notable achievements as Mayor include implementing a $15 minimum wage, creating a public safety department, and investing in affordable housing initiatives.