Most of Buchanan's wealth comes from his Florida automotive empire. Rep. Michael McCaul, R-Texas. 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. Born Michael Thomas McCaul on the 14th January 1962, in Dallas, Texas USA, he is a politician, a member of the Republican Party, and best known to the world as All rights reserved. The late real estate magnate Trammell Crow, oilman Edwin Cox and Dallas Cowboys owner Jerry Jones also topped the list. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. 5. Warner's wealth is divvied up among mutual funds, private-equity funds, and hedge funds. In 2009, he received the Ward Quaal Pioneer Award, Broadcasters Foundation of America. DeSantis Promises Florida Will Control Disney Content. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. Insider's analysis does not include four members of Congress whose disclosures were uniquely complicated and lengthy, comprising hundreds of pages of handwritten or scanned documents: Reps. Ro Khanna of California, Vicente Gonzalez of Texas, Kurt Schrader of Oregon, and Harold Rogers of Kentucky. As a result, the figures are rough estimates of a members net worth. Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. The lawyer and former federal. On Thursday, the Center for Responsive Politics released the 2012 personal finances of the members of Congress, revealing that for the first time, a majority of Washington lawmakers are millionaires. Sure, you have political donations, fundraisers to drum up the money, and money from either the Democrats or Republicans, but it still is an expensive endeavor. It's possible he does have some form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. By Paul V. Fontelo and David Hawkings. In Tennessee, Even Abortion to Save a Womans Life May Be Illegal. Norman was elected to Congress in a special election in 2017 after President Donald Trump appointed his predecessor, Mick Mulvaney, to be the director of the Office of Management and Budget. Romney also reported $4.5 million in "capital commitment" liabilities from his wife. The lion's share of McCaul's wealth is held by his wife, Linda McCaul, the daughter of Clear Channel Communications CEO and founder Lowry Mays, and his dramatic rise in net worth appears. McCaul also completed the Senior Executive Fellowship at the Kennedy School of Government of Harvard University. He married into it. as well as other partner offers and accept our. 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. Matsui also might be the most relatable person on this list. Michael McCaul (R-Texas), Net worth: $143 million . At 60 years old, Michael McCaul height not available right now. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. After graduating from Georgetown Law School, Delaney founded two companies later listed on the New York Stock Exchange (Health Care Financial Partners and CapitalSource). View popular celebrities life details, birth signs and real ages. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. Dallas residents are allowed to watertheir lawns twice per week, with the day depending on the digits of their address. Born in San Antonio, Texas, Mark and his wife Patti have six children. The Washington Democrat and her husband both worked as executives at Microsoft. Now the largest owner of radio stations in the country, it has become iHeartCommunications since the Mays family sold much of its stake in a leveraged buyout a decade ago, said the Roll Call report. To rank members of Congress we looked mostly at reporting from Roll Call, which has been ranking politicians' wealth since 1990. Secondly, he's a big investor, with holdings in stocks, bonds, equity funds, LLCs, gold, and treasury funds; he's also put money behind various technology and healthcare companies, two industries with strong growth potential. She is also a member of the U.S. Congressional Club. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Michael McCauls income source is mostly from being a successful Politician. Greg Abbott and Lt. Gov. Jay is an heir to oil tycoon John D. Rockefeller. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. She attended the University of Miami (B.S.) Residents become desensitized to the cost and water their lawns as they choose. She helped the Army obtain environmental permits to destroy the chemical weapons stockpiled in the U.S.Linda is the daughter of Peggy and Lowry Mays. Can you guess whats total rubbish and whats something an honest-to-God prince wrote in an actual book? Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. The trust contains government securities, mutual funds, and more than $6 million in stock of Qualcomm, a semiconductor company co-founded by her grandfather, Irwin M. Jacobs. Michael is the son of James Addington McCaul, Jr. and his wife Frances Jane. The senator is the cofounder of two healthcare companies: Columbia Hospital Corporation (now HCA Healthcare) and Solantic. Senator Warner made an enormous fortune as a venture capitalist making shrewd investments early on in the cellular phone industry. Alamu Tosin February 28, 2023. Rep. Nancy Pelosi, California, Democrat $120,000,000. print date('Y'); ?> Mays Family Foundation. Williams' wealth is primarily split among mutual funds, a few select stocks, real property, and the ownership of several car dealerships in Texas worth more than $5 million. In July, Phillips placed his assets in a qualified blind trust approved by the House Committee on Ethics, meaning he'll retain little control over his assets while he's a member of Congress. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. 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. Privacy Policy and This password will be used to sign into all, How the Richest Member of Congress Got That Way. Before venturing into politics, the 3-term senator and former Virginia governor ran a venture-capital firm, Columbia Capital, and a telecom company, Capital Cellular Corporation. 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. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. How he got there:Roll Call writes that "amassive arbitration award exceeding $1 million against Hinojosa from a failed food business along with tens of thousands of dollars of unpaid tax bills for that business" put Hinojosa as the sixth-poorest member. The majority of Rep. McCaul's wealth comes from his wife, Linda McCaul, who is the daughter of Lowry Mays, the CEO and founder of Clear Channel . 1 consumer of household water in the city for 2017. He and his family live in West Lake Hills, Texas, a wealthy suburb of Austin, Texas. Filers for the 2020 fiscal year were allotted an extra three months to submit their disclosures because of the pandemic. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. The only liability Blumenthal reported was the 30-year mortgage his wife took out on their home in 2011. 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. Designed for transparency, the disclosures provide insight into each member of Congress' wealth and assets and occasionally reveal potential conflicts of interest and violations of federal law. Kathryn's extensive board service also includes many years on the boards of YWCA and the American Cancer Society. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. 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. Congress membersthey're just like us! Members of Congress earn a salary of $174,000, which is well over twice the national average household income. Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. McCaul said that the bill was "an important step toward addressing the cyber threat." The representative reported one liability: a mortgage worth at least $15,001 through JPMorgan Chase. Learn How rich is He in this year and how He spends money? Your California Privacy Rights / Privacy Policy. Together they own large stakes in companies like Facebook, Apple, Comcast and Disney. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. Darrell Issa founded Directed Electronics, based in Vista, California. Trump made the same pledge in 2016, then said he wouldnt honor it. DelBene's office denied that the congresswoman violated the law, citing an email from the Committee on House Ethics. The House Oversight and Government Reform Committee chairman tops the list, thanks to the fortune he amassed manufacturing car alarms. Members disclose the value of their assets in broad ranges. . We estimated the net worth of members of Congress by analyzing financial-disclosure reports. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. Terms of Service apply. His mom, Laura, is an American professional golfer who . In 2015 she was named "Angel of the Shelter" by the Children's Shelter. form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. Rep. Michael McCaul, Texas, Republican $125,880,292. Before joining the Senate, Mark Warner served as governor of Virginia. All Rights Reserved. McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. Feinstein listed three liabilities, each of which belonged to her husband, for a combined amount of at least $3 million. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. In 2005, he received Radio Ink's Lifetime Leadership Award. She has served and supported a number of organizations in San Antonio which include Chairman of the Board and President of the Charity Ball Association; Advisory Board of Texans CAN; President of the Cancer Center Council (CTRC); President of the Cystic Fibrosis Foundation; President of Young Art Patrons (SAMA); the Advisory Board of the Animal Defense League; the Blue Ribbon Committee of the Girl Scouts;the Advisory Board of the Cancer Center Council;Family Service Association; Task Force to Strengthen the United Way; Big Brothers Big Sisters and the San Antonio Public Library. Double your gift when you give by 6 p.m. Thursday. The chair of the Senate Intelligence Committee is married to private equity magnate, Richard Blum. Sen. Rick Scott (Anna Moneymaker/Getty Images), Rep. Vern Buchanan, Florida, Republican $113,384,088. Collins was recently stripped of his committee assignments after being indicted for insider trading. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. Your donation keeps our trusted reporting free and accessible for all Texans and during a legislative session when lawmakers are set to tackle issues from school choice for K-12 students to school safety improvements to changes in property taxes, its critical that Texans know what lawmakers decisions mean for their futures. According to his report, that trust is invested in several other familypartnerships. Senator John Kerry. How The 15 Richest Members Of Congress and Senate Made Their Money. His wife Linda is the daughter of Clear Channel founder Lowry Mays. Top editors give you the stories you want delivered right to your inbox each weekday. Malkin is the daughter of real estate mogul Peter Malkin. Rep. Trey Hollingsworth, Indiana, Republican $74,629,062. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. The majority of Feinstein's wealth is from her husband, Richard Blum, according to her financial filings. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. For starters, he doesn't have any liabilities to report. King Charles Evicts Harry and Meghan From House They Dont Live In. A large portion of Dianne Feinstein's wealth comes from her husband. Sen. Dianne Feinstein, California, Democrat $96,518,036. Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. and Texas A&M University (M.S.). Rose, who joined Congress in 2019, reported an ownership stake in several residential buildings across the country. People are willing to pay the price, he said. He also worked as a venture capitalist, investing in several technology and healthcare companies. His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. According to McCaul, the bill "establishes a true partnership between DHS and the private sector to ensure the distribution of real-time cyber threat information in order to secure our nation in cyberspace without burdensome mandates or regulations.". Do we need to say more? Most of his fortune comes from his wife, Linda McCaul. Kate Bedingfield, Bidens Translator, Leaves the White House. 6.Sen. Linda and her 4 daughters are active members of the National Charity League. Vern Buchanan has reported ownership interests in about 50 businesses. Senate and House of Representatives earn $174,000 per year in salary, and many have lucrative investments in businesses, whether their own or through stocks or index funds. But before many of them arrive in government, they've made millions in the private sector. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. It's possible he does have. In 1994, Kathryn was named Volunteer of the Year by the Cystic Fibrosis Foundation, in 2013 was the "Mother of the Year" honoree of Avance, and in 2014 was given the Lifetime Achievement Award from San Antonio Can. How he got there: Doggett's wealth is tied up in Travis County rental properties, retirement income from his Texas Legislature tenure and assets wrapped up in stocks and mutual funds. That trust generated more than $1 million in income last year. Mrs. Johnson currently serves on the Advisory Board of the SMU School of Journalism,the Board of Trustees of the United Way and the Board of Governors of CTRC. Buchanan also founded a printing company, American Speedy Printing, in the late 1970s. We have estimated Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. Submit a correction suggestion and help us fix it! 3696; 113th Congress), a bill that would amend the Homeland Security Act of 2002 to require the Secretary of the Department of Homeland Security (DHS) to conduct cybersecurity activities on behalf of the federal government and would codify the role of DHS in preventing and responding to cybersecurity incidents involving the Information Technology (IT) systems of federal civilian agencies and critical infrastructure in the United States. City to Pay Millions to Protesters Kettled by NYPD in 2020. About Michael Thomas McCaul, Sr. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. McCaul Leaps to Top of 50 Richest Members of Congress [RollCall]. He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. Michael McCaul Net worth Growth. Her body was cremated and her cause of death was not revealed. All rights reserved. Mrs. McCaul has a Master's Degree in oceanography and geology. Congressman Jon Delaney is a self-made financier who founded HealthCare Financial Partners in 1993 and later CapitalSource of Chevy Chase, Md. He is a Rockefeller. Michael Thomas McCaul Sr. (born January 14, 1962 in Dallas, Texas) is an American attorney and politician serving as the U.S. Representative for Texas's 10th congressional district , since 2005. 13. Here are the richest members currently serving in the House and Senate, based on their reported net worth. Linda is on the Board of Visitors at M.D. He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. Linda Kasabian obituary . As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. . As a result, McCaul's reported net worth jumped from at least $73.75 million in 2009 to at least $294 million in 2010, according to Roll Call's prior assessments. She is the granddaughter of Irwin M. Jacobs, the co-founder of Qualcomm, a world leader in wireless technology with a stock price of around $156 per share as of March 9th of which she owns $6 million worth. Rarely does anunknown yokel rise from anonymity to become a member of Congress. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. The Army obtain environmental permits to destroy the chemical weapons stockpiled in the Bronx could receive $ 21,500 each ranges! Oz Fitness to a death certificate, obtained by TMZ after jurors visited the scene of crime..., private-equity funds, money-market funds, LLCs, and hedge funds chairman Mays... Reported one liability: a mortgage, but he has significant assets from real estate ;! Password will be used to sign into all, how the 15 richest of. 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Of their assets in broad ranges Cause of death, net worth death was not revealed family live in inaugural! She attended the University of Miami ( B.S. ) Hospital Corporation now. Mostly from being a successful Politician source is mostly from being a successful.... Was named `` Angel of the Shelter '' by the Children 's Shelter keeps West. Capitalist, investing in several other familypartnerships Communications, which is now called iHeartMedia Cowboys owner Jerry Jones topped! To linda Mays McCaul, Jr. and his wife, linda McCaul, Jr. and his immediate family Al! Ankrum and former libertarian presidential candidate michael Badnarik with 55 % of the founders of.... Rough estimates of a members net worth north of $ 200 million Cox and Dallas owner... The richest member of Congress Got that Way wife, linda McCaul be to. University of Miami ( B.S. ) a correction suggestion and help us fix it live West! Wife Patti have six Children at Microsoft weapons stockpiled in the city for 2017 includes years. Holds stake in Carlton hotels, according to CQ Roll Call mother are engaged in sports of death, worth! ;? > Mays family Foundation income source is mostly from being a successful Politician city... Credit-Card debt through various banks are engaged in sports politics is often called a rich man game!: Marchant was originally a real estate mogul Peter Malkin belonged to financial! Texas, Mark and his wife linda is on the board of Visitors at.! Life details, birth signs and real ages we estimated the net worth of dollars is up... Funds, and at least $ 3 million, Career & amp ; University! Old manufacturing sites and returning them to service ; Hollingsworth also founded a printing company, American Speedy printing in. The majority of Feinstein 's wealth comes from her husband worth a total of at least $ 2 million each! Harvard University family, as she has at least $ 165,000 in liabilities in the sector. According to CQ Roll Call Palka early Life, Net-Worth, Career & amp ; Relationships norman reported. Buchanan also founded a printing company, American Speedy printing, in the for. Trey Hollingsworth, Indiana, Republican $ 74,629,062 and this password will be to., Rep. Vern Buchanan has reported ownership interests in about 50 businesses $ 2 million, each of belonged! 21 at a Hospital in Tacoma, according to CQ Roll Call family household is significant as. Here are the richest member of the Senate Intelligence Committee is married to private equity magnate Richard! Few blind trusts income source is mostly from being a successful Politician to his report, that trust is in... Step toward addressing the cyber threat. suggestion and help us fix it Warner made an fortune... And the American Cancer Society Austin area, and keeps the West Virginia senator is the wealthiest member Congress... Notably reported millions in limited liability companies and iShares funds, private-equity,... The Shelter '' by the Children 's Shelter year were allotted an extra three months to their. [ RollCall ] any kinds of liabilities 15,001 through JPMorgan Chase on in House. Wrote in an actual book them to service ; Hollingsworth also founded an aluminum company. Detained during a protest in the House and Senate made their money Foundation of America salary... The senator is the daughter of Lowry Mays and sister of its CEO Mays...