By clicking Sign up, you agree to receive marketing emails from Insider Scott holds relatively few individual stocks. Not a single asset is listed as being in McCaul's name, they are all tied . Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. There are many elected officials with large fortunes independent of the salaries they earn while serving in Congress. He joined Congress in 2021. Prior to his time in government, Warner ran Columbia Capital, a venture-capital firm, and telecom company Capital Cellular Corporation, both of which contributed to his wealth, alongside mutual funds, hedge funds, and private-equity funds. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. In Highland Park in 2006, Harlan Crow poured more than 1.8 million gallons of water on his 7.7-acre property in one month. Kate Bedingfield, Bidens Translator, Leaves the White House. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. At one point Clear Channel owned over 1,200 Radio Stations, over 600,000 outdoor advertising displays, and various Television Stations and Live Event venues which operated in 65 countries and generated over $8 Billion in Revenue. Cynthia Malkin. It was a good move, as he eventually joined Bain & Company. His net worth has been growing significantly in 2021-2022. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. McCaul reported $92.9 million in investments, $100,000 in real estate and $20 million in trusts. Both of those businesses played a major part in his massive wealth. he 15 wealthiest members of Congress are worth a combined $1.3 billion. The Colorodo lawmaker (and his parents) foundedan online greeting card company which he later sold for $780 million, as well as the webiste ProFlowers.com. She is the only woman in US history, as of this writing, to serve as Speaker of the House. Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. Scott holds this spot for a few reasons. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. Linda Kasabian cause of death. Richard Blumenthal owes much of his wealth to his family. After graduating from the University of Pennsylvania, Hollingsworth co-founded Hollingsworth Capital Partners alongside his father. How he got there: All of McCaul's assets are listed in the name of his wife Linda McCaul, the daughter of Clear Channel CEO founder Lowry Mays, or in the names of his children. Feinstein listed three liabilities, each of which belonged to her husband, for a combined amount of at least $3 million. Starting. Net worth: $200 million. McCaul says his approach to counterterrorism will aid in integrating the nation's homeland security policies into the digital age through the implementation of detailed screening of foreign visitors, including immigrants and refugees, by utilizing the latest technologies and intelligence. DeSantis Promises Florida Will Control Disney Content. RNC Loyalty Test Only Punishes Honest Candidates, Not Trump. Blumenthal's fortune is held almost entirely by his wife, Cynthia Malkin, with millions of dollars reported in various hedge funds, stocks, and real estate and property partnerships. It's possible he does have some form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. (Courtesy McCaul's office) McCaul's triplets. Mura Holdings. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. Feinstein was one of 48 members of Congress who Insider and other media organizations found in 2021 to have violated the STOCK Act. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, DC. The Senator was also Massachusetts's governor from 2003 to 2007. and Texas A&M University (M.S.). Net Worth: $108 million How he got there: All of McCaul's assets are listed in the name of his wife Linda McCaul, the daughter of Clear Channel CEO founder Lowry Mays, or in the names of. Congress membersthey're just like us! The city will see multiple inches of something apparently called snow., Richard Haass on Americas Relationship Problems With China. How The 15 Richest Members Of Congress and Senate Made Their Money. The congressman served for 18 years in Congress before briefly leaving and becoming President Donald Trump's nominee to head the US Trade and Development Agency. They've been someone or done something that caught the eye of their party's leaders. These men and women have been active in their respective careers and communities. In a poll, 78 percent of voters from the Third Congressional District say theyve seen enough of their representative. At 60 years old, Michael McCaul height not available right now. In 2021, Hern violated the STOCK Act by failing to properly disclose stock trades worth at least $1.06 million and as much as $2.7 million. He is joined in the top 50 by fellow Texas CongressmenRoger Williams, R-Austin, Kenny Marchant, R-Coppell, and Lloyd Doggett, D-Austin. Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. The city threw out a Democratic mayor for the first time in decades. Here are the 15 richest members currently serving in the House and Senate and where the wealth comes from, according to a 2018 analysis by Roll Call. Trump made the same pledge in 2016, then said he wouldnt honor it. Nancy and Paul are prolific stock traders, much to the chagrin of some critics. GOP members of Congress own as much as $60.4 million in fossil fuel stocks, while Democrats and an independent who caucuses with the Democrats own up to $32.3 million. , money, salary, income, and assets. 1 consumer of household water in the city for 2017. The chair of the Senate Intelligence Committee is married to private equity magnate, Richard Blum. He is the wealthiest Democrat in Congress and the only current member who has been a CEO of a publicly traded company. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. Net Worth in 2022: $300 Million: Net Worth in 2021: $275 Million: Net Worth in 2020: $250 Million: Net Worth in 2019: $225 Million: Net Worth in 2018: . Mrs. McCaul has a Master's Degree in oceanography and geology. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. His trial is set for early 2020. Additionally, the median net worth of politicians in Congress also exceeded $1 million, with 238 of the 534 members living above the $1 million mark. For starters, he doesn't have any liabilities to report. Feinstein herself reported over $1 million in a deposit account, while a considerable portion of her wealth at least $25 million was held in a blind trust. In addition to participating in various volunteer activities, Mark also serves on the Vanderbilt University Board of Trust, the Board of the Alamo Area Council of Boy Scouts of America,the Texas Biomedical Research Foundation and the Southwest Research Institute Board. Issa listed one liability: a margin account holding him liable for over $50 million. Williams, a former Texas secretary of state, made his fortune from a Weatherford car dealership inherited from his father. . The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. Most of his fortune comes from his. Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. He ran for the U.S. House of Representatives in 2004 and won a crowded Republican primary in the newly-created 10th District. The congressional money list is in and Texas can once again claim some high rollers, or at least high earners, with the wealthiest members of Congress from the Lone Star State topped by three Austin members: Michael McCaul, Roger Williams and Lloyd Doggett. 5. Rep. Trey Hollingsworth, Indiana, Republican $74,629,062. McCaul's minimum net worth has more than sextupled since his first financial disclosure report covering 2004, when his minimum net worth hovered around $12 million. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. She is married to Congressman Michael McCaul, who is serving his 6th term in the U.S. Congress and is Chairman of the Homeland Security Committee. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. WASHINGTON U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015,according to anew list released by Roll Call. 2023 Vox Media, LLC. Warner has also been a venture capitalist. These five members' negative estimated wealth stemmed from high-priced mortgages: Editor's note: Rep. Frank Mrvan, a Democrat from Indiana, originally appeared among the 25 wealthiest members of Congress. His wife Linda is the daughter of Clear Channel founder Lowry Mays. Things you buy through our links may earn New York a commission. Three newer members of Congress Reps. The Californians have been booted from Frogmore Cottage because the king (or the character invented by the U.K. press) has had enough of their abuse. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. 2023 Celebrity Net Worth / All Rights Reserved. This is the unique deodorant that won over Shark Tank investors & shoppers love the newest scent, These Are The Best Deals On Amazon Right Now, By subscribing to this BDG newsletter, you agree to our. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. Hollingsworth Capital Partners, which renovates factories. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. In April 2019, McCaul spoke out against a resolution that would end US involvement in the Yemeni Civil War. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. as well as other partner offers and accept our, Alex Wong/Getty Images; Kevin Dietsch/Getty Images; Bill Clark/CQ Roll Call; Hannah McKay-Pool/Getty Images; Rebecca Zisser/Insider, Chance Yeh/Getty Images for Power 100 Lunch, Bill Clark/CQ-Roll Call, Inc via Getty Images), Bill Clark/CQ-Roll Call, Inc via Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Michael Brochstein/SOPA Images/LightRocket via Getty Images, Kent Nishimura / Los Angeles Times via Getty Images, Anna Moneymaker/The New York Times via AP, Pool, placed his assets in a qualified blind trust, acknowledged filing an incorrect personal financial disclosure. Biden Dares Republicans to Go After Obamacare and Medicaid. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. His most successful include a series of car dealerships and American Speedy Printing, a printing company that expanded to more than 730 stores across 44 states. In 2004, the same publication estimated his net worth at just $12 million: His wealth increase was due to large monetary transfers from his wife's family. Matsui also might be the most relatable person on this list. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. A few members of Congress' minimum sum of liabilities far surpassed the minimum sum of their disclosed assets. In his spare time, Randall is a devoted father to his four children who are most often by his side as he explores his passion for travel, mentoring, fly fishing, pickleball, cooking and hiking. Upton's fortune mainly derives from an appliance company that his grandfather founded, Whirlpool, which the congressman reported holding at least $1 million of stock in. Rep. Nancy Pelosi, California, Democrat $120,000,000. McCaul, a Republican and a perennial on the rich list, has a net worth of $113 million, making him the fifth-wealthiest lawmaker of the 530 members of the U.S. House and U.S. Senate (there are a few vacancies) and the richest among Texas lawmakers. McCaul, chairman of the House Homeland Security Committee,is the fifth-richest member of Congress with a net worth of $113 million, according to Roll Call. A Huge Majority of Voters in George Santoss Own District Think He Should Resign. Matsui also might be the most relatable person on this list. Richard Blum serves as president and chairman of private equity company Blum Capital. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. [22] In 2004, the same publication estimated his net worth at $12 million. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. 6.Sen. Issa did not report owning any individual stocks his wealth is largely held in diversified stock funds and his ownership of properties in California and Ohio. Michael McCaul also doesn't have any liabilities or debts in his financial disclosure, but a large portion of his wealth comes from his wife. Dan Patrick on border security on Feb. 18, 2015. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. Roger Williams $27.7 million. Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. The House Minority leader's husband, Paul Pelosi, owns and operatesFinancial Leasing Services Inc., a San Francisco-based real estate and venture capital investment firm. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. That is the highest disclosure category. The late real estate magnate Trammell Crow, oilman Edwin Cox and Dallas Cowboys owner Jerry Jones also topped the list. Linda McCaul is the daughter of Lowry Mays, the founder of the San Antonio-based Clear Channel Communications and its chairman until a stroke sidelined him in 2005. Does n't have any liabilities to report norman also reported four liabilities worth a of! There: Marchant was originally a real estate developer ; most of his assets are tied up in,. Mayor for the first time in decades Michael Thomas McCaul was born on January 14, 1962 in,... A Democratic mayor for the u.s. House of Representatives, representing California, Democrat $.. 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