The congressman's wife, Lynn Gorguze, is the president and CEO of a private equity firm, Cameron Holdings. Can you guess whats total rubbish and whats something an honest-to-God prince wrote in an actual book? She reported at least $165,000 in credit card debt liabilities; have increased their credit card debt since the pandemic began. 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. All rights reserved. Austin RepublicanMichael McCaul, one of the wealthiest members of Congress, used more city water than any other resident last year, according to the Austin American-Statesman. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Rarely does anunknown yokel rise from anonymity to become a member of Congress. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. You may be more familiar with Mitt Romney from his 2012 presidential campaign, where he ultimately lost to Barack Obama. Collins was recently stripped of his committee assignments after being indicted for insider trading. 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. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. Khanna's father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna's substantial net worth. Linda Kasabian was a famous member of the Manson Family. 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 Mark Warner (D-Va . Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. Here's a look at what it found for the Texans on the richest and poorest lists. Phillips held more than $250,000 worth of Apple stock, at least $50,000 worth of Facebook stock, and over $1 million in the SPDR S&P 500 Trust ETF. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. Rep. Trey Hollingsworth is only 34 years old, but the Indiana Republican has a sizable fortune from his father, the founder of Hollingsworth Capital Partners, which renovates factories. Insider compiled members' annual disclosures filed this year, analyzing thousands of pages of documents to estimate the minimum and maximum net worth of members of the US Senate and the US House of Representatives, including nonvoting delegates. 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. They have five children and reside in Austin, Texas. Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. Rep. Trey Hollingsworth, Indiana, Republican $74,629,062. AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. Members of Congress come from a wide range of backgrounds from local politics to business and entrepreneurship to professional sports and their fortunes vary greatly. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. Senator Blumenthal's net worth dropped by more than $20 million over the past year. With a net worth of $19.5 billion, as well as being the richest politician in America he . Linda and her 4 daughters are active members of the National Charity League. 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. As a result, the figures are rough estimates of a members net worth. Scott did not list any liabilities or debts in his filings. The cause of her death has not been immediately . Four years later, he was re-elected to a fourth term with 76% of the vote against Democratic candidate Ted Ankrum (22%) and Libertarian candidate Jeremiah "JP" Perkins (1 percent). 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. He joined Congress in 2021. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. Discover today's celebrity birthdays and explore famous people who share your birthday. Matsui also might be the most relatable person on this list. 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. Senator Warner made an enormous fortune as a venture capitalist making shrewd investments early on in the cellular phone industry. By Kira December 27, 2020 April 8, 2021. This password will be used to sign into all, How the Richest Member of Congress Got That Way. Phillips has an ownership stake in several businesses, various stock holdings, mutual funds, government securities, various life insurance policies, and hedge funds. Darrell Issa founded Directed Electronics, based in Vista, California. Michael McCaul (R-TX) Net Worth: $117.5 million. He also owns at least $500,000 of stock in Austin-based Whole Foods and three rental properties near the state capital.. Elected in 2004 to represent Texas' 10th district, Michael McCaul is wrapping up his ninth term . Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. 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. The Senator was also Massachusetts's governor from 2003 to 2007. The Virginia Democrat made his millions as the co-founder of Nextel. Linda Kasabian obituary . In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. Members of Congress earn a salary of $174,000. 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. Khanna's father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna's substantial net worth. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). 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. Lawmakers are not required to disclose certain classes of personal assets, such as the value of their personal residence, so these assets are not included in Insider's calculations. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium. Insider used these members' "candidate reports," some of which include financial data from 2021. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. And a chatbot is not a human. He is a member of famous Politician with the age 60 years old group. We recommend you to check the complete list of Famous People born on 14 January. The McCaul family chose to have some data about their usage redacted, the newspaper reported, but the house behind him on the list used 1,400,900 gallons. 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. Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. Armie Hammer Biography- Wife, Batman & Net Worth. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Williams, also a Republican, ranks 22nd overall and second among the Texas lawmakers with a net worth of $27.7 million and Doggett, a Democrat, is 36th overall and the third-wealthiest Texas member of Congress with an estimated net worth of $13.1 million. His dad and mom raised him in Palm Springs, CA. Those bonds could be worth hundreds of millions of dollars EACH for all we know. Defense attorney Joshua Ritter on why prosecutors have a tough path to conviction. A member of the House of Representatives Financial Services Committee, Trey Hollingsworth also serves on multiple subcommittees focused on investor protection and diversity and inclusion. Linda was born January 1st . She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. 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. The congressman reported $4 million in liabilities in the forms of lines of credit, mortgages, notes payable, and a loan. and Texas A&M University (M.S.). The only assets that Pelosi reported owning or joint-owning were her home in Napa, California, and a Wells Fargo bank account containing less than $15,000. Read more about Insider's methodology. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. 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. Biden Dares Republicans to Go After Obamacare and Medicaid. The only liability Blumenthal reported was the 30-year mortgage his wife took out on their home in 2011. *Sorry, there was a problem signing you up. Though he attended law school and passed the Michigan bar exam, Romney chose a career in business. 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 . His trial is set for early 2020. Other Central Texas lawmakers were ranked well below McCaul, Williams and Doggett: U.S. Rep. Lamar Smith, R-San Antonio, ranked 96th with $3 million net worth. The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. McCaul is thought to be the second-richest person in Congress, though none of the assets or holdings reported in his 65-page financial disclosure were his alone, belonging to his wife or dependent children. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. A newcomer to Congress in 2021, nearly all of Jacobs' wealth is stored in a trust that was created in 2009. Roger Williams $27.7 million. Here's five of the richest members of Congress a look at what some of the most notable politicians in the U.S. are worth with help from research performed by Celebrity Net Worth. At least four of the other households on Austin's top 10 list for water usage are in the same neighborhood. City to Pay Millions to Protesters Kettled by NYPD in 2020. After graduating from the University of Pennsylvania, Hollingsworth co-founded Hollingsworth Capital Partners alongside his father. She also worked for the Central Intelligence Agency on biological warfare issues. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. 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. 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. He currently serves on the Mays Business School Dean's Advisory Board. Residents become desensitized to the cost and water their lawns as they choose. Richard Blum serves as president and chairman of private equity company Blum Capital. Prince Harry is doing a livestream Q&A for anyone who missed his two Oprah interviews, his six-hour Netflix documentary, and his book, The Surprisingly Contrarian Case Against Lying About Science. 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. In her first term, she acquired a $500,000 Bank of America mortgage on her personal residence. 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. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. 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. Tom Williams/CQ Roll Call. She worked for the Office of Naval Intelligence and tracked Soviet submarines all over the world. Kathryn's extensive board service also includes many years on the boards of YWCA and the American Cancer Society. The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. That is the highest disclosure category. King Charles Evicts Harry and Meghan From House They Dont Live In. Also listed on his report was the Linda McCaul Descendant Trusts valued at over $50 million as well as two other trusts, owned by his dependent children, ranging in value from $1 million to $5 million and $25 million to $50 million respectively. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. Minimum net worth: $305.46 million McCaul tops the list for the second year in a row with a reported minimum net worth that broke the $300 million mark. Yet it may not be a loss for the left. Arthur Hayes rubbed success in the Feds face and got busted. 13. McCaul said that the bill was "an important step toward addressing the cyber threat." Mrs. McCaul has a Master's Degree in oceanography and geology. The bulk of Obernolte's fortune stems from his ownership of FarSight Studios, a video-game company in Big Bear Lake, California, that he launched in 1988. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. 1 consumer of household water in the city for 2017. 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. For starters, he doesn't have any liabilities to report. Greg Abbott and Lt. Gov. McCaul won a seventh term in the House in the general election held on November 8, 2016. Now, he seems to make his money through the bond market he lists seven high yield bond investments as being worth more than $50 million on his financial statement. 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. Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Learn How rich is He in this year and how He spends money? 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. Most of the fortune comes from his wife, Linda McCaul, the daughter . Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. After he left, McCaul took a position as a Deputy Attorney General in 1999 with the Texas Attorney General's Office and served in this capacity until 2002. She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. McCaul worked as an attorney and a federal prosecutor before entering politics. In Tennessee, Even Abortion to Save a Womans Life May Be Illegal. According to authoritative sources, it has been estimated that McCaul's net worth is as high as $305.46 million, an amount earned through his successful career as a politician, and as an attorney, and federal prosecutor, which also improved his wealth. 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. In 2015 she was named "Angel of the Shelter" by the Children's Shelter. Password must be at least 8 characters and contain: As part of your account, youll receive occasional updates and offers from New York, which you can opt out of anytime. Notable stocks held by Hern and his family included more than $250,000 worth of Amazon, at least $100,000 worth of Alphabet, and more than $530,000 worth of Microsoft. That trust generated more than $1 million in income last year. Right-wing board to clamp down on woke ideology in cartoons. The company had revenue of $928 million in Q3 of 2021, an increase of 25% YoY. Now the . Sen. Richard Blumenthal, Connecticut, Democrat $85,231,232. 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. , money, salary, income, and assets. With 179,221 votes (57.3 percent), he defeated Democrat Tawana W. Cadien, who polled 120,170 (38.4 percent). Trump made the same pledge in 2016, then said he wouldnt honor it. In December 2016, the House Republican Conference voted to appoint McCaul for a third term as the chairman of the House Committee on Homeland Security Committee. Romney reported at least $4.5 million in liabilities from his wife; each liability was listed as a "capital commitment.". Does this have something to do with that Texas miracle we keep hearing about? He also worked as a venture capitalist, investing in several technology and healthcare companies. In 2004, he was inducted into the Radio Hall of Fame and received the Lifetime Achievement Award, National Association of Broadcasters. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, DC. Other notable stocks owned by Jacobs includes more than $100,000 invested in stocks of Apple, Microsoft, and Mastercard. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. Malkin is the daughter of real estate mogul Peter Malkin. On the other side,U.S. Rep. Rubn Hinojosa, D-Edinburg, was named one of Congress' poorest members. Republican Rep. Michael McCaul of Texas made his way to being the number two wealthiest member of Congress through his wife, Linda McCaul, who is the daughter of radio and communications giant Lowry Mays. The lawyer and former federal. 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. You can't say that every member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Issa listed one liability: a margin account holding him liable for over $50 million. It's possible he does have. 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. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. McCaul also completed the Senior Executive Fellowship at the Kennedy School of Government of Harvard University. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. Before his election to Congress, The Chairman of the House Oversight Committee founded Directed Electronics, which manufactures car alarms (a LOT of them). His mom, Laura, is an American professional golfer who . She attended the University of Miami (B.S.) His wife Linda is the daughter of Clear Channel founder Lowry Mays. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. Before joining the Senate, Mark Warner served as governor of Virginia. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. McCaul's $7.3 million, 14,000-square-foot home sits on nearly two acres in the 78746 ZIP code, which like Highland Park is on a Bloomberg list of the wealthiest areas in the country. Among his liabilities are a plane and a yacht; in total, he's liable for $14 million. He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. Top editors give you the stories you want delivered right to your inbox each weekday. 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. This email will be used to sign into all New York sites. Some of them made crazy money. Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. The Washington Democrat and her husband both worked as executives at Microsoft. Linda also serves on the Austin Greater Crime Commission Board and the Texas Department of Public Safety Foundation Board. His district stretches from Austin to Houston. The senator is the cofounder of two healthcare companies: Columbia Hospital Corporation (now HCA Healthcare) and Solantic. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation.