Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). Kathryn's extensive board service also includes many years on the boards of YWCA and the American Cancer Society. This site is protected by reCAPTCHA and the Google Vern Buchanan has reported ownership interests in about 50 businesses. 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. 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 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. Before joining Congress, DelBene was an executive at Microsoft. 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. 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. 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 reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. 6.Sen. 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 tiered rates don't help, Bill Lindley, Highland Park town manager, told The Dallas Morning News in 2012. Here's a look at what it found for the Texans on the richest and poorest lists. 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. A member of the Republican Party, he served as Chairman of the House Committee on Homeland Security during 113th, 114th, and 115th Congresses. McCaul's net worth increased from $20.9 million to $26.7 million in two years. member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. 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. Hern joined the House of Representatives in 2018. Most of the fortune comes from his wife, Linda McCaul, the daughter . McCaul likewise added two trusts under the ownership of his dependent children, including one trust valued at $25 million to $50 million and another at $1 million to $5million. 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. Double your gift when you give by 6 p.m. Thursday. Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. 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. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. Among his liabilities are a plane and a yacht; in total, he's liable for $14 million. They've been someone or done something that caught the eye of their party's leaders. 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 . Senator Blumenthal's net worth dropped by more than $20 million over the past year. Most of his fortune comes from his. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. 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. Here are the richest members currently serving in the House and Senate, based on their reported net worth. Starting. The city threw out a Democratic mayor for the first time in decades. He did this before he turned 40, which is when he turned his ambitions towards politics. Matsui's listed holdings were spread out among exchange-traded funds, money-market funds, limited liability companies, and trusts. 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. She worked for the Office of Naval Intelligenceand tracked Soviet submarines all over the world. Several cities try to conserve water by creating mandatory watering schedules for residents. 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. Do we need to say more? Insider's calculations are conservative estimates based on the minimum values disclosed by members. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. Recognizing the humanitarian crisis in Yemen, McCaul explained his belief that approving the resolution would "disrupt US security cooperation agreements with more than 100 countries.". The late real estate magnate Trammell Crow, oilman Edwin Cox and Dallas Cowboys owner Jerry Jones also topped the list. Scott, who assumed office in 2019, cemented his No. The McCauls have made the top 10 list for water usage several times, the Statesman reported. His father is the chairman of Malkin Holdings and the chairman emeritus of Empire State Realty Trust, which leases office and retail space across Manhattan. Nancy and Paul are prolific stock traders, much to the chagrin of some critics. Kara Swisher talks with the Council on Foreign Relations president about Bidens spy-balloon-size missed opportunity. It's common for wealthy areas in Texas to use the most water. But before many of them arrive in government, they've made millions in the private sector. His net worth is also buoyed by the enormous success of his wife, Lynn Gorguze, who heads a private equity firm, Cameron Holdings. He is from American. A footnote to McCauls newest report notes that certain assets owned by his spouse were acquired via a gift from spouses parents. The accounts were notidentified. 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. At 60 years old, Michael McCaul height not available right now. 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 . The wealthiest 15 members were worth at least $1.3 billion, half of Congress' wealth. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. 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). Meanwhile, his wife, Cynthia Malkin, has made millions of dollars from stocks, real estate, properties, and hedge funds. She is the only woman in US history, as of this writing, to serve as Speaker of the House. 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 mom, Laura, is an American professional golfer who . We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. On the other side,U.S. Rep. Rubn Hinojosa, D-Edinburg, was named one of Congress' poorest members. He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. 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. 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. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. 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. Actor. Each member of Congress' wealth was calculated by subtracting the sum of their minimum reported liabilities from the sum of their minimum asset values. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. Greg Abbott and Lt. Gov. DeSantis Promises Florida Will Control Disney Content. Feinstein was also one of 52 members of Congress that violated the STOCK Act when she was late in disclosing a five-figure payment her husband made to a polling company directed at young people. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. He also worked as a venture capitalist, investing in several technology and healthcare companies. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. The company, now called iHeartMedia, is a $6.3 . 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. 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. Linda was born January 1st . Obernolte did not report any liabilities or debts. Most of his fortune comes from his wife, Linda McCaul. Some of them made crazy money. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. 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. 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. Scott did not list any liabilities or debts in his filings. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. It was a good move, as he eventually joined Bain & Company. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. He also started Directed Electronics, a company that creates theft deterrents, and is CEO of Greene Properties, a real estate investment company with holdings throughout San Diego North County. Sen. Mitt Romney, Utah, Republican $85,269,083. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. Submit a correction suggestion and help us fix it! The Key Moments From Alex Murdaughs Testimony and Murder Trial. Access your favorite topics in a personalized feed while you're on the go. . Both of those businesses played a major part in his massive wealth. In 2005, he received Radio Ink's Lifetime Leadership Award. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. 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. He married into it. Since then, the state has allowed some residential water users to opt for confidentiality. You must have JavaScript enabled to use this form. Doggetts wealth struck Roll Call as unusual given that hes been a public servant most of his career, serving in the Legislature and on the Texas Supreme Court before being elected to Congress in 1994. Rep. Darrell Issa, California, Republican $115,850,012. These are the 10 RichestMembers of Congress: Representative DelBene saw her wealth increase in the past year when the price of the stock she and her husband Kurt held in Microsoft rose substantially. It's possible he does have. The congressman's wife, Lynn Gorguze, is the president and CEO of a private equity firm, Cameron 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 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. Trump made the same pledge in 2016, then said he wouldnt honor it. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. Rep. Roger Williams (R-Texas). Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. Filers for the 2020 fiscal year were allotted an extra three months to submit their disclosures because of the pandemic. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. Linda is on the Board of Visitors at M.D. In a December 2, 2016 Fox News op-ed, McCaul declared his intention to support legislation, in line with president-elect Donald Trump's proposals, to build a wall along the MexicoUnited States border, to secure the border, and have Mexico and other Latin American countries pay for these proposals. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. 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. She also worked for the Central Intelligence Agency on biological warfare issues. Mura Holdings. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. Minimum net worth: $294.21 million Change from last year: +298.9% When McCaul first appeared on Roll Call's annual survey of the 50 Richest Members of Congress in 2005, he was a wealthy guy . . His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. 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. A newcomer to Congress in 2021, nearly all of Jacobs' wealth is stored in a trust that was created in 2009. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Collins was recently stripped of his committee assignments after being indicted for insider trading. Rarely does anunknown yokel rise from anonymity to become a member of Congress. Discover today's celebrity birthdays and explore famous people who share your birthday. 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