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HomeGamingMillionaire Hochuls take massive pay cut as hubby ditches controversial gaming gig

Millionaire Hochuls take massive pay cut as hubby ditches controversial gaming gig

New York Gov. Hochul and hubby have between $2.2 million and $4.3 million in the bank– less than they’ve declared in the past, newly released state financial disclosures show.

William Hochul Jr. took a job defending white-collar criminals for Manhattan law firm Davis Polk in January 2024, making between $850,000 and $950,000 last year, according to the 2024 filings, which do not include exact income figures but a range.

New York Governor Kathy Hochul and her husband William Hochul arriving at a White House state dinner.

Hubby William Hochul ditched his lucrative gig as counsel for gaming giant Delaware North amid controversy. Bloomberg via Getty Images

It’s a significant pay cut from the $1.45 to $1.55 million he made the year before as counsel for gaming giant Delaware North, a gig he left in August 2023 amid conflicts-of-interest controversies.

His company was lobbying his wife’s office over lucrative contracts and sports betting. Reports found Hochul’s administration took steps in several disputes involving upstate gambling rights that were in line with the interests of her hubby’s multibillion-dollar firm.

Wheeling Island Hotel-Casino-Racetrack at dusk, with cars driving past residential homes.

Delaware North runs and operates hotels and casinos in New York State and across the country. The Washington Post via Getty Images

The first gentleman still received deferred compensation of close to $100,000 from Delaware North in 2024, filings show.

Bill Hochul’s reduced income wasn’t the only hit to the couple’s pocketbook — the cash in their accounts shrank from a range between $2.9 and $5.6 million in 2023.

William Hochul Jr.'s LinkedIn profile.

Hubby Bill has a new, less lucrative job – though he still brought in between $850,000 and $950,000 last year. Linkedin/William Hochul, Jr.

Filings show they sold some investments – but it’s not clear where the money went. The Post has reached out to Gov. Hochul’s office.

The couple held as many as 180 different stocks and financial assets in 2023 — more than She-Wolf of Wall Street Nancy Pelosi.

The Hochuls sold some investments last year but it's not clear why.

The Hochul’s bank accounts shrank in 2024, but it’s not clear where the money went. Pacific Press/LightRocket via Getty Images

By 2024, that number dipped slightly to 120.

The Hochuls didn’t report any new real estate purchases, and no property — despite being known to own at least one home, a waterfront condo in Buffalo worth upwards of $800,000.

State lawmakers aren’t required to disclose primary residences. And though she lives in the governor’s mansion in Albany, the Buffalo house is likely still listed as Hochul’s primary residence.

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