McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. DelBene and her husband reported at least $1.1 million worth of shares in her former company. The company, now called iHeartMedia, is a $6.3 . 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 . AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. Here are the wealthiest members of Congress: Sen. Rick Scott, Florida, Republican $200,327,223. Biden Dares Republicans to Go After Obamacare and Medicaid. Were beginning to see a patternhere. So, who's got the highest net worth in the House and Senate? The philosophical debate behind the lab-leak question. Nope! . 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. But these politicians' net worths have little in common with the typical financial situation of American families. Some of them made crazy money. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. The senator is the cofounder of two healthcare companies: Columbia Hospital Corporation (now HCA Healthcare) and Solantic. 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. Shortly after his discharge from the military in 1980, Issa and his second wife Kathy Stanton sold their cars, borrowed $50,000 from friends, and combined their savings to invest in Quantum Enterprises, an electronics manufacturer that developed consumer products for other companies. 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. 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.". Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. Its our 10th year participating in Amplify, and to celebrate, weve got $15,000 in matching funds from four generous Tribune supporters. McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. The McCauls have made the top 10 list for water usage several times, the Statesman reported. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 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 McCauls income source is mostly from being a successful Politician. Read more about Insider's methodology. , money, salary, income, and assets. Eric Cole comes from an athletic family background as he was born to his parents, Laura Baugh (Mother) and Bobby Cole (Father), on June 12, 1988. 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. 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. Scott holds this spot for a few reasons. Buchanan also founded a printing company, American Speedy Printing, in the late 1970s. Rose, who joined Congress in 2019, reported an ownership stake in several residential buildings across the country. 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. 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. 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. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. Republicans are making their 2024 candidates promise to support eventual nominee. Additionally, the median net worth of politicians in Congress also exceeded $1 million, with 238 of the 534 members living above the $1 million mark. Warner currently holds stock in "Columbia Capital Equity Partners,"a Virginia based investment company. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. 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. 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. Discover today's celebrity birthdays and explore famous people who share your birthday. One of Norman's IRA's is worth at least $5 million. Access your favorite topics in a personalized feed while you're on the go. Get the latest politics news from North Texas and beyond. Even as the economy sputtered in 2010, Texas congressman Michael McCaul saw his net worth skyrocket to $292.21 million 300 percent over where it stood in 2009 vaulting him to the top of Roll Calls annual list of the wealthiest members of Congress. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. Michael McCaul Net Worth. This email will be used to sign into all New York sites. Mr. Mays, Founder and Chairman Emeritus of Clear Channel Communications, served on the Board of Regents of Texas A&M University, where the Mays School of Business bears his name. Rep. Nancy Pelosi, California, Democrat $120,000,000. That is the highest disclosure category. Jay is an heir to oil tycoon John D. Rockefeller. Much of his wealth comes from the trust of his wife Cynthia, daughter of New York real estate tycoon Peter Malkin. They've been someone or done something that caught the eye of their party's leaders. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. Some who have paid the price in Dallas include former Texas Rangers and Dallas Stars owner Tom Hicks, who led the citys list in 2011. Matsui's listed holdings were spread out among exchange-traded funds, money-market funds, limited liability companies, and trusts. He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. 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. 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 . Beyer reported at least $8.6 million in liabilities, almost all of which were mortgages on various properties he owned. He is joined in the top 50 by fellow Texas CongressmenRoger Williams, R-Austin, Kenny Marchant, R-Coppell, and Lloyd Doggett, D-Austin. His mom, Laura, is an American professional golfer who . 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. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. It's possible he does have. Starting. Senator John Kerry (D-MA). Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. The 15 wealthiest members of Congress are worth a combined $1.3 billion. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. 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). Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. The Senator was also Massachusetts's governor from 2003 to 2007. Malkin is the daughter of real estate mogul Peter Malkin. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. Top editors give you the stories you want delivered right to your inbox each weekday. 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. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. Issa listed one liability: a margin account holding him liable for over $50 million. U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015, according to a new list released by Roll Call. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. View popular celebrities life details, birth signs and real ages. Congress membersthey're just like us! Richard Blumenthal owes much of his wealth to his family. 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. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. Conn Distinguished New Venture Leader Award, Texas A&M University, 2000. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. Yet it may not be a loss for the left. A part of the family behind the eponymous Midwestern grocery chain, Meijer reported that the bulk of his wealth was held in a "generation-skipping trust" that contained, among other assets, stock in Johnson & Johnson, Home Depot, Tesla, and Visa. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. Tasos Katopodis/Getty Images for MoveOn.org, Michael Brochstein/SOPA Images/LightRocket via Getty Images. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. 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. Net worth: $200 million. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. 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. McCaul also completed the Senior Executive Fellowship at the Kennedy School of Government of Harvard University. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. Having lots of green in the bank means having a lush green lawn, too Michael McCauls income is! Support eventual nominee promise to support eventual nominee North Texas and beyond signs. 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