In 2012, the final full year of his mayoral tenure, Villaraigosa reported $155,775 in adjusted gross income. In 2014, his first full year out of the mayor’s office, Villaraigosa reported $1.38 million in adjusted gross income. The first six months after he left office, Villaraigosa was paid through a single-member LLC, which did require him to disclose on his personal tax returns how much he was paid. The tax returns also showed that since Villaraigosa left office, the University of Southern California has paid him $261,362 to teach at the USC Saul Price School of Public Policy. Villaraigosa is the last major Democratic candidate in the race to release his tax returns.

Source: Los Angeles Times November 24, 2017 08:03 UTC