Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. 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. The Washington Democrat and her husband both worked as executives at Microsoft. 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. She worked for the Office of Naval Intelligenceand tracked Soviet submarines all over the world. During that time frame, Clear Channel grew into a Multi Media Company in Radio, Outdoor, Television and Live Events. 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. Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. 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. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. Senator Blumenthal's net worth dropped by more than $20 million over the past year. Senator John Kerry (D-MA). Randall is also the Co-Founder of the NeuroElasticity Project, while learning and exploring opportunities within Consciousness. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. 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. In April 2019, McCaul spoke out against a resolution that would end US involvement in the Yemeni Civil War. 2023 Hern joined the House of Representatives in 2018. 6.Sen. Here are the wealthiest members of Congress: Sen. Rick Scott, Florida, Republican $200,327,223. 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. 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. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. City to Pay Millions to Protesters Kettled by NYPD in 2020. 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. 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. Randall led the creation of Clear Channel Entertainment and oversaw its spinout into the publicly traded company now known as Live Nation Entertainment (NYSE:LVY). But before many of them arrive in government, they've made millions in the private sector. Linda is on the Board of Visitors at M.D. 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 We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." The only liability Blumenthal reported was the 30-year mortgage his wife took out on their home in 2011. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. His wife Linda is the daughter of Clear Channel founder Lowry Mays. Members of Congress earn a salary of $174,000. She is the only woman in US history, as of this writing, to serve as Speaker of the House. . As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. The Senator was also Massachusetts's governor from 2003 to 2007. Most of the fortune comes from his wife, Linda McCaul, the daughter . Sen. Mitt Romney, Utah, Republican $85,269,083. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. Rep. Lucille Roybal-Allard, a Democrat from California: -$1,008,000, Rep. Steven Horsford, a Democrat from Nevada: -$1,047,992, Sen. Cynthia Lummis, a Republican from Wyoming: -$1,401,991, Sen. Tammy Duckworth, a Democrat from Illinois: -$1,877,936, Rep. August Pfluger, a Republican from Texas: -$2,000,002. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. All rights reserved. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. But these politicians' net worths have little in common with the typical financial situation of American families. Nancy Pelosi and her husband Paul Pelosi own a number of extremely valuable assets including an impressive real estate portfolio. In addition, lawmakers do not have to include their principal residences. The congressman's wife, Lynn Gorguze, is the president and CEO of a private equity firm, Cameron Holdings. 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. He currently serves on the Mays Business School Dean's Advisory Board. 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. She reported at least $165,000 in credit card debt liabilities; have increased their credit card debt since the pandemic began. Dan Patrick on border security on Feb. 18, 2015. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. Those bonds could be worth hundreds of millions of dollars EACH for all we know. 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. According to his report, that trust is invested in several other familypartnerships. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. The senator is the cofounder of two healthcare companies: Columbia Hospital Corporation (now HCA Healthcare) and Solantic. 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. He joined Congress in 2021. Oct. 29, 20153 PM Central. Born in San Antonio, Texas, Mark and his wife Patti have six children. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. This email will be used to sign into all New York sites. He rejoined Congress in 2021. Rose, who joined Congress in 2019, reported an ownership stake in several residential buildings across the country. 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. People are willing to pay the price, he said. The company, now called iHeartMedia, is a $6.3 . 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. Matsui also might be the most relatable person on this list. Roughly one in ten of the 535 members of the House and Senate rank among the nation's top one percent in terms of personalnet worth. Michael McCaul (R-Texas), Net worth: $143 million . 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. He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. 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. 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. He also owns at least $500,000 of stock in Austin-based Whole Foods and three rental properties near the state capital.. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. 13. Michael McCauls income source is mostly from being a successful Politician. Malkin is the daughter of real estate mogul Peter Malkin. Mrs. McCaul has a Master's Degree in oceanography and geology. Can you guess whats total rubbish and whats something an honest-to-God prince wrote in an actual book? At 60 years old, Michael McCaul height not available right now. Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. 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. He left for a short period of time when Donald Trump nominated him to head the U.S. Trade and Development Agency before returning to Congress last year. Malkin is the daughter of real estate mogul Peter Malkin. Meijer reported at least $1.95 million in liabilities in the forms of a mortgage, lines of credit, and promissory notes. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. The public employee retirement fund amount should have been in the thousands and not millions. The majority of Feinstein's wealth is from her husband, Richard Blum, according to her financial filings. 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. Prepare to be gobsmacked. Were beginning to see a patternhere. Upton also reported having at least $1 million in Pepsi stock. Each member of Congress' wealth was calculated by subtracting the sum of their minimum reported liabilities from the sum of their minimum asset values. As of 2018 he was the fifth-wealthiest member of Congress. And a chatbot is not a human. In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. Other notable stocks owned by Jacobs includes more than $100,000 invested in stocks of Apple, Microsoft, and Mastercard. Also learn how He earned most of networth at the age of 58 years old? Buchanan also founded a printing company, American Speedy Printing, in the late 1970s. Starting. he 15 wealthiest members of Congress are worth a combined $1.3 billion. The city will see multiple inches of something apparently called snow., Richard Haass on Americas Relationship Problems With China. 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. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). Senator Warner made an enormous fortune as a venture capitalist making shrewd investments early on in the cellular phone industry. Tasos Katopodis/Getty Images for, Michael Brochstein/SOPA Images/LightRocket via Getty Images. as well as other partner offers and accept our. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. 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. Hern disclosed two liabilities: at least $500,000 used to purchase a McDonald's restaurant, and at least $1 million that his spouse used to buy a separate company. Members of Congress earn a salary of $174,000, which is well over twice the national average household income. 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. McCaul reported $92.9 million in investments, $100,000 in real estate and $20 million in trusts. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. This password will be used to sign into all, How the Richest Member of Congress Got That Way. With a net worth of $19.5 billion, as well as being the richest politician in America he . 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. Michael McCaul's net worth #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. Members disclose the value of their assets in broad ranges. Scott holds relatively few individual stocks. Scott holds this spot for a few reasons. 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. Rep. Roger Williams (R-Texas). By clicking Sign up, you agree to receive marketing emails from Insider DelBene's office denied that the congresswoman violated the law, citing an email from the Committee on House Ethics. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. McCaul Leaps to Top of 50 Richest Members of Congress, Do Not Sell or Share My Personal Information. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. Romney also reported $4.5 million in "capital commitment" liabilities from his wife. 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.". 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. Richard Blum serves as president and chairman of private equity company Blum Capital. Buchanan listed several liabilities in his financial filings worth at least $14 million, including loans for a plane and a yacht connected with the LLC. But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. Nope! Insider used these members' "candidate reports," some of which include financial data from 2021. Actor. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. 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. All Rights Reserved. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. Yet it may not be a loss for the left. 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. Even though she was present at both the Tate and LaBianca murders, because she was the key witness in District Attorney Vincent Bugliosi's prosecution of Charles . 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. He also has a blind trust worth at least $25 million that he set up after he was elected to Congress. Congress membersthey're just like us! Now hes returning to a shell-shocked industry. Nancy and Paul are prolific stock traders, much to the chagrin of some critics. The tiered rates don't help, Bill Lindley, Highland Park town manager, told The Dallas Morning News in 2012. 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. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. Things you buy through our links may earn New York a commission. Warner has also been a venture capitalist. Brianna Stone. The Brutal Layoffs at Twitter Just Keep Coming. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. Cynthia Malkin. It has something to do with the miracle of having a very rich wife: The lions share of McCauls 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 to be the product of generational wealthtransfer. His district stretches from Austin to Houston. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. He is the wealthiest Democrat in Congress and the only current member who has been a CEO of a publicly traded company. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. The philosophical debate behind the lab-leak question. She is also a member of the U.S. Congressional Club. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. Top editors give you the stories you want delivered right to your inbox each weekday. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. 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. Its unclear how much the use of water cost McCaul and his family, depending on what kind of meter they have. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. Since then, the state has allowed some residential water users to opt for confidentiality. To rank members of Congress we looked mostly at reporting from Roll Call, which has been ranking politicians' wealth since 1990. 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. Linda was born January 1st . Discover today's celebrity birthdays and explore famous people who share your birthday. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star State selling Dodge, Chrysler, and Jeep cars and trucks. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. On his financial disclosure, McCaul lists a new asset owned by his wife, the Linda McCaul Descendant Trusts, valued at more than $50 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. 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.
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