Insider's calculations are conservative estimates based on the minimum values disclosed by members. Top editors give you the stories you want delivered right to your inbox each weekday. 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. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. Submit a correction suggestion and help us fix it! The cause of her death has not been immediately . He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. 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. The trusts contain a combination of mutual funds, stocks, and electronic funds. One of Norman's IRA's is worth at least $5 million. DelBene and her husband reported at least $1.1 million worth of shares in her former company. 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. Rose, who joined Congress in 2019, reported an ownership stake in several residential buildings across the country. You must have JavaScript enabled to use this form. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. In April 2019, McCaul spoke out against a resolution that would end US involvement in the Yemeni Civil War. by Abby Livingston 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. 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. Rep. Chris Collins of New York, the first elected Republican to endorse Donald Trump's 2016 presidential bid, owns stake in various companies ranging from manufacturing to biotechnology. She also worked for the Central Intelligence Agency on biological warfare issues. She worked for the Office of Naval Intelligenceand tracked Soviet submarines all over the world. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. By clicking Sign up, you agree to receive marketing emails from Insider Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. By clicking Sign up, you agree to receive marketing emails from Insider Michael McCaul Net Worth. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. 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. With 179,221 votes (57.3 percent), he defeated Democrat Tawana W. Cadien, who polled 120,170 (38.4 percent). He is joined in the top 50 by fellow Texas CongressmenRoger Williams, R-Austin, Kenny Marchant, R-Coppell, and Lloyd Doggett, D-Austin. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. 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. . Warner currently holds stock in "Columbia Capital Equity Partners,"a Virginia based investment company. The Virginia Democrat made his millions as the co-founder of Nextel. She attended the University of Miami (B.S.) The 2020 financial disclosures are the most up-to-date financial documentation from Congress disclosures from 2021 are not required to be filed until mid-May. Linda also serves on the Austin Greater Crime Commission Board and the Texas Department of Public Safety Foundation Board. *Sorry, there was a problem signing you up. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. 2023 Vox Media, LLC. Before joining Congress, DelBene was an executive at Microsoft. She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. And a chatbot is not a human. The Washington Democrat and her husband both worked as executives at Microsoft. Richard Blumenthal owes much of his wealth to his family. 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. Greg Abbott and Lt. Gov. He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. Several cities try to conserve water by creating mandatory watering schedules for residents. The U.S. Is Choosing Child Labor Over More Immigration. 13. You can't say that every member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. His wife Linda is the daughter of Clear Channel founder Lowry Mays. member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. By Paul V. Fontelo and David Hawkings. 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. Upton also reported having at least $1 million in Pepsi stock. Scott holds this spot for a few reasons. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. In 2004, he was inducted into the Radio Hall of Fame and received the Lifetime Achievement Award, National Association of Broadcasters. Scott, who assumed office in 2019, cemented his No. Its our 10th year participating in Amplify, and to celebrate, weve got $15,000 in matching funds from four generous Tribune supporters. Issa listed one liability: a margin account holding him liable for over $50 million. #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. 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. 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. There are many elected officials with large fortunes independent of the salaries they earn while serving in Congress. Conn Distinguished New Venture Leader Award, Texas A&M University, 2000. Feinstein listed three liabilities, each of which belonged to her husband, for a combined amount of at least $3 million. Mr. Mays is Principal of Rocking M Capital andMays Family Enterprises. He was the Chief of Counterterrorism and National Security for Texas's branch of the US Attorney's office, and also worked under the Department of Justice's Public Integrity Section. Republican Michael McCaul is one of only a handful of legislators on Capitol Hill with an estimated net worth of over $100 million. Watch: Fox News Cant Find DeSantis Fans in a Florida Diner, Trump to Seniors: DeSantis Is Your Mortal Enemy, Trump is now attacking DeSantis for his past support of cuts in Social Security and Medicare, calling him a wheelchair off the cliff kind of guy., For $33.09, You Can Hear Prince Harry Unpack His Trauma Again. 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. He has also reinvested a lot of his earnings and is married to Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. 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. How The 15 Richest Members Of Congress and Senate Made Their Money. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Right-wing board to clamp down on woke ideology in cartoons. Republicans are making their 2024 candidates promise to support eventual nominee. In Highland Park in 2006, Harlan Crow poured more than 1.8 million gallons of water on his 7.7-acre property in one month. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. That trust generated more than $1 million in income last year. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. 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. She reported at least $165,000 in credit card debt liabilities; have increased their credit card debt since the pandemic began. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." He joined Congress in 2021. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. By signing up you agree to our Terms of Service and Privacy Policy, Stand with us in our mission to discover and uncover the story of North Texas, Michael McCaul, one of Congress' richest members, used more water in 2017 than any Austin resident, Highland Park residents used about three times as much water, Author of Texas drag bill says video of him wearing dress was a joke back in school, Judge rules in favor of Michael Irvin in request for expedited evidence in $100M lawsuit, Dallas-Fort Worth could see severe thunderstorms, large hail, tornadoes Thursday, Former DPD chief David Brown returning to North Texas after resigning as Chicagos top cop, Corby Davidson, radio co-host of The Tickets Hardline, has rare benign tumor, New apartment project coming for Allens downtown district, Smoke-filled Spirit Airlines flight from DFW Airport diverted after battery fire, Target plans new store in Oak Cliffs Wynnewood Village, Southwest Airlines ups its caffeine game by introducing in-flight bottled iced coffee, Ray Washburne buys downtown Dallas landmark Founders Square building, Oak Cliff apartment project will bring affordable units, skyline view of Dallas, Ray Davis optimistic, anxious about Rangers season amidst tumultuous TV situation, Hot List: 16 great restaurants to visit in Dallas-Fort Worth in March 2023, Ross Perot Jr.s Hillwood buys California NASCAR track for estimated $543.7 million. Obernolte did not report any liabilities or debts. As a result, the figures are rough estimates of a members net worth. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. It's possible he does 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. 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. 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. Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. You\'ll receive the next newsletter in your inbox. Williams recently violated the STOCK Act by failing to properly file three stock transactions by his wife. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. She is also a member of the U.S. Congressional Club. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. Can you guess whats total rubbish and whats something an honest-to-God prince wrote in an actual book? Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. NEGAUNEE TOWNSHIP, MI - Linda L. Lahti, 69, of Negaunee Township, passed away peacefully early Sunday morning, February 26th, 2023, at UP Health System - Marquette. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. Three newer members of Congress Reps. 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