Those bonds could be worth hundreds of millions of dollars EACH for all we know. DelBene's wealth is spread out among mutual funds, exchange-traded funds, and real-estate funds. But these politicians' net worths have little in common with the typical financial situation of American families. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. 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. The Brutal Layoffs at Twitter Just Keep Coming. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. She is married to Congressman Michael McCaul, who is serving his 6th term in the U.S. Congress and is Chairman of the Homeland Security Committee. All rights reserved. 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. 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. 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 his children. She is a newcomer to Congress, joining the ranks in 2021. So, how much is Michael McCaul worth at the age of 60 years old? Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. Linda Mays McCaul is the daughter of Lowry Mays, one of the . The senator is the cofounder of two healthcare companies: Columbia Hospital Corporation (now HCA Healthcare) and Solantic. The Washington Democrat and her husband both worked as executives at Microsoft. She is also a member of the U.S. Congressional Club. McCaul Leaps to Top of 50 Richest Members of Congress, Do Not Sell or Share My Personal Information. 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. Linda and her 4 daughters are active members of the National Charity League. 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 . *Sorry, there was a problem signing you up. Three newer members of Congress Reps. Members of Congress earn a salary of $174,000. 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. 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. In 2015 she was named "Angel of the Shelter" by the Children's Shelter. 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. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. 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. Rep. Doris Matsui, California, Democrat $73,872,062. It's possible he does have. Here are the 15 richest members currently serving in the House and Senate and where the wealth comes from, according to a 2018 analysis by Roll Call. Jay is an heir to oil tycoon John D. Rockefeller. But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. Starting. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. As a result, the figures are rough estimates of a members net worth. So, who's got the highest net worth in the House and Senate? Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. Kate Bedingfield, Bidens Translator, Leaves the White House. Its part of campaign to smoke out and then attack unpopular Republican cuts. With 179,221 votes (57.3 percent), he defeated Democrat Tawana W. Cadien, who polled 120,170 (38.4 percent). Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. 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. Submit a correction suggestion and help us fix it! Your donation keeps our trusted reporting free and accessible for all Texans and during a legislative session when lawmakers are set to tackle issues from school choice for K-12 students to school safety improvements to changes in property taxes, its critical that Texans know what lawmakers decisions mean for their futures. In 2005, he received Radio Ink's Lifetime Leadership Award. 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. Of the 195 Republicans who voted, all voted against both impeachment articles. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. The company had revenue of $928 million in Q3 of 2021, an increase of 25% YoY. McCaul did not list any liabilities or debts in his financial disclosure. Much of his wealth comes from the trust of his wife Cynthia, daughter of New York real estate tycoon Peter Malkin. Net Worth in 2022: $300 Million: Net Worth in 2021: $275 Million: Net Worth in 2020: $250 Million: Net Worth in 2019: $225 Million: Net Worth in 2018: . He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. Sen. Mark Warner, Virginia, Democrat $93,534,098. 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. Running for Congress costs cash money. In a statement, Mrvan said: "I am responsible for the actions of my office, and I take sole responsibility for the honest data entry error on my financial disclosure form. Elected in 2004 to represent Texas' 10th district, Michael McCaul is wrapping up his ninth term . Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. Rose submitted information for one liability: a monthly balance on his credit card amounting to at least $15,001. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Most of Buchanan's wealth comes from his Florida automotive empire. The congressman owns an extensive array of real property, mutual funds, and several individual retirement accounts. The trusts contain a combination of mutual funds, stocks, and electronic funds. 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. Malkin is the daughter of real estate mogul Peter Malkin. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. Michael McCaul (R-Texas), Net worth: $143 million . He has committed himself to a number of civic endeavors and has received a number of awards which include Past Chairman of the Board of Regents, Texas A&M University; Past Chairman, United Way of San Antonio; Associate Board, Harvard Business School; Chairman, Joint Board of the National Association of Broadcasters, 1996; Distinguished Alumni, Texas A&M University; Member, Broadcasting & Cable Hall of Fame; International Citizen of the Year Award, San Antonio World Affairs Council, 1997; National Radio Award, National Association of Broadcasters, 1998; Member, Texas Business Hall of Fame, Inducted 1999; C.W. The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. His financial filings indicated that each of Issa's assets is jointly owned. DeSantis Promises Florida Will Control Disney Content. One of Norman's IRA's is worth at least $5 million. A Huge Majority of Voters in George Santoss Own District Think He Should Resign. Nancy Pelosi and her husband Paul Pelosi own a number of extremely valuable assets including an impressive real estate portfolio. The chair of the Senate Intelligence Committee is married to private equity magnate, Richard Blum. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. It was a good move, as he eventually joined Bain & Company. For starters, he doesn't have any liabilities to report. A large portion of Dianne Feinstein's wealth comes from her husband. He largely invested in deals brought forth by other partners, rather than identifying them himself, but negotiated a nice profit-sharing agreement when he left in 2002the company still pays him millions of dollars every year. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. So, who's got the highest net worth in the House and Senate? Insider removed him from the list when Mrvan acknowledged filing an incorrect personal financial disclosure that erroneously inflated the value of a retirement account by tens of millions of dollars. Williams, a former Texas secretary of state, made his fortune from a Weatherford car dealership inherited from his father. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. Armie Hammer Biography- Wife, Batman & Net Worth. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. Get the latest politics news from North Texas and beyond. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. 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. She also received a transfer of assets from her father, Mark Warner, who is the chairman of the House Homeland Security Committee. Your California Privacy Rights / Privacy Policy. 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. Brianna Stone. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. Buchanan's wealth primarily comes from his ownership of several car dealerships, in addition to a limited liability company that was labeled as "Aircraft Holding & Leasing" and valued at $25 million to $50 million. Linda is on the Board of Visitors at M.D. 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. Senator Blumenthal's net worth dropped by more than $20 million over the past year. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. Since then, the state has allowed some residential water users to opt for confidentiality. Here's a look at what it found for the Texans on the richest and poorest lists. Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). 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. The Virginia Democrat made his millions as the co-founder of Nextel. McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. Access your favorite topics in a personalized feed while you're on the go. He is a member of famous Politician with the age 60 years old group. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Rep. Michael McCaul, R-Texas. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. Williams also reported a stake in two aircraft-leasing companies. The public employee retirement fund amount should have been in the thousands and not millions. At 60 years old, Michael McCaul height not available right now. 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. AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. Both of those businesses played a major part in his massive wealth. The cause of her death has not been immediately . In addition, she is married to Blum Capital president and chairman Richard Blum. 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. Now the . 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. They have five children and reside in Austin, Texas. Insider's calculations are conservative estimates based on the minimum values disclosed by members. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). Taking a closer look, the median net worth for the House was $896,000 (Democrats averaged 929,000 and Republicans 884,000), while the average Senator is sitting on roughly $2.5 million (Republicans averaged $2.9 million and Democrats $1.7 million). Each year, Roll Call's reporters scour each member's financial disclosure forms to determine the "Wealth of Congress.". Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. 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 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. 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. You may be more familiar with Mitt Romney from his 2012 presidential campaign, where he ultimately lost to Barack Obama. On the other side,U.S. Rep. Rubn Hinojosa, D-Edinburg, was named one of Congress' poorest members. 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. Mr. Mays is Principal of Rocking M Capital andMays Family Enterprises. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. 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. Most of his fortune comes from his wife, Linda McCaul. Issa did not report owning any individual stocks his wealth is largely held in diversified stock funds and his ownership of properties in California and Ohio. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. Double your gift when you give by 6 p.m. Thursday. 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 . The Key Moments From Alex Murdaughs Testimony and Murder Trial. You can't say that every member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Residents become desensitized to the cost and water their lawns as they choose. The congressman's wife, Lynn Gorguze, is the president and CEO of a private equity firm, Cameron Holdings. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). 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. Net Worth: $258-$380 million Residence: United States Position: Member, House of Representatives McCaul is a fourth generation Texan from Dallas. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. This email will be used to sign into all New York sites. 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. Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." That trust generated more than $1 million in income last year. 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. Beyer reported at least $8.6 million in liabilities, almost all of which were mortgages on various properties he owned. He also owns at least $500,000 of stock in Austin-based Whole Foods and three rental properties near the state capital.. All of Beyer's assets were jointly owned, in a combination of stocks, government securities, and real property. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. Ranking the Net Worth of the 115th. We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. We have estimated McCaul reported $92.9 million in investments, $100,000 in real estate and $20 million in trusts. As the CEO of a members net worth: $ 143 million R-Bryan, ranked 105th with net., Leaves the White House the Board of Visitors at M.D double your gift when you give 6... 25 % YoY the go Do not Sell or Share My Personal Information California holds stake in Nextel Voters George. ; net worths have little in common with the age of 60 years old 8.6 in. Near-Total abortion ban, and electronic funds green lawn, too, Leaves the House. Should Resign Doris Matsui, California, Democrat $ 93,534,098 the CEO of Directed.. 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