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. Ranking the Net Worth of the 115th. Malkin is the daughter of real estate mogul Peter Malkin. His biggest investments are in Vanguard funds. Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. To rank members of Congress we looked mostly at reporting from Roll Call, which has been ranking politicians' wealth since 1990. The philosophical debate behind the lab-leak question. Read more about Insider's methodology. Roger Williams $27.7 million. Linda Kasabian was a famous member of the Manson Family. The recently released wealth list fromRoll Call, a news outlet that covers Capitol Hill, annually compiles and ranks the financial reports of the members, which only require lawmakers to give broad ranges of value. The former environmental attorney from San Diego made millions as an environmental attorney in the 1990s, representing government agencies and businesses in regulatory disputes, as well as from shrewd investments. The public employee retirement fund amount should have been in the thousands and not millions. McCaul worked as an attorney and a federal prosecutor before entering politics. 2023 www.statesman.com. Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, DC. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Pelosi's husband had holdings in corporations such as Slack, Tesla, Disney, Visa, Salesforce, PayPal, Alphabet, Facebook, and Netflix companies that together spend tens of millions of dollars each year lobbying the federal government. He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. Senator Blumenthal's net worth dropped by more than $20 million over the past year. Those bonds could be worth hundreds of millions of dollars EACH for all we know. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. Scott holds this spot for a few reasons. Here's a look at what it found for the Texans on the richest and poorest lists. Scott holds this spot for a few reasons. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. 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. Conn Distinguished New Venture Leader Award, Texas A&M University, 2000. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. Alamu Tosin February 28, 2023. He also has a blind trust worth at least $25 million that he set up after he was elected to Congress. Defense attorney Joshua Ritter on why prosecutors have a tough path to conviction. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. Rep. Don Beyer of Virginia is a major auto dealer in the Washington, DC area. Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. The Virginia Democrat made his millions as the co-founder of Nextel. By Paul V. Fontelo and David Hawkings. Rose submitted information for one liability: a monthly balance on his credit card amounting to at least $15,001. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. Buchanan also founded a printing company, American Speedy Printing, in the late 1970s. Buchanan recently came under fire for purchasing a yacht estimated to be valued between $1-5 million dollars the same day he voted for the Republican tax cuts bill in 2017. Senator Warner made an enormous fortune as a venture capitalist making shrewd investments early on in the cellular phone industry. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. We have estimated How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. Most of Buchanan's wealth comes from his Florida automotive empire. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. His wife Linda is the daughter of Clear Channel founder Lowry Mays. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. With 179,221 votes (57.3 percent), he defeated Democrat Tawana W. Cadien, who polled 120,170 (38.4 percent). 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. The congresswoman reported two liabilities owned by her spouse: lines of credit amounting to more than $1.5 million. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. Darrell Issa only started serving in his current district (California's 50th congressional district) in 2021, but he first became a member of the House of Representatives in 2001. 250 W. Nottingham Dr. Ste #400 | San Antonio, TX 78209 | (210) 832-3305, David E. Green | Managing Director | Email, Website by Texas Creative | Admin Login | Terms & Conditions | Contact Us. Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. Of the 195 Republicans who voted, all voted against both impeachment articles. Linda and her 4 daughters are active members of the National Charity League. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. 1 consumer of household water in the city for 2017. How The 15 Richest Members Of Congress and Senate Made Their Money. Born in San Antonio, Texas, Mark and his wife Patti have six children. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. They've been someone or done something that caught the eye of their party's leaders. He did this before he turned 40, which is when he turned his ambitions towards politics. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. He is a member of famous Politician with the age 60 years old group. McCaul won re-election again in 2008, against Democratic candidate Larry Joe Doherty and Libertarian candidate Matt Finkel by a 54 to 43 percent margin. Jay is an heir to oil tycoon John D. Rockefeller. Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. A large portion of Dianne Feinstein's wealth comes from her husband. Right-wing board to clamp down on woke ideology in cartoons. Republican Rep. Michael McCaul of oil-rich Texas is Congress's biggest fossil fuel investor, owning between $8.2 million and $19.1 million worth of stock in oil, gas, and coal . He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. Texas two U.S. senators are far down the list, with Ted Cruz clocking in at 332nd with a net worth of $200,000 and John Cornyn at 390th with a wealth value estimated at zero, with $500,000 in assets and $500,000 in liabilities. In a statement, Mrvan said: "I am responsible for the actions of my office, and I take sole responsibility for the honest data entry error on my financial disclosure form. 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. Members of Congress earn a salary of $174,000, which is well over twice the national average household income. Malkin's father, Peter L. Malkin, is the chairman emeritus of Empire State Realty Trust a commercial office and retail leasing agency for units across Manhattan including the Empire State Building and the chairman of Malkin Holdings. Peters reported two liabilities worth at least $30,000 in total, for "revolving credit.". He is joined in the top 50 by fellow Texas CongressmenRoger Williams, R-Austin, Kenny Marchant, R-Coppell, and Lloyd Doggett, D-Austin. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. Currently serving as representative for the 10th congressional district of Texas, Michael McCaul is an American politician with an estimated net worth of $305.46 million in 2012. Linda was born January 1st . His wealth comes from a diverse portfolio full of emerging growth and startup investments in Colorado and Japan, including a more than $1 million stake in Aquacopia, the world's only aquaculture venture capital firm. Linda is on the Board of Visitors at M.D. 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. Warner has also been a venture capitalist. Michael McCaul (R-TX) Net Worth: $117.5 million. Rep. Lucille Roybal-Allard, a Democrat from California: -$1,008,000, Rep. Steven Horsford, a Democrat from Nevada: -$1,047,992, Sen. 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