The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. 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. Each member of Congress' wealth was calculated by subtracting the sum of their minimum reported liabilities from the sum of their minimum asset values. 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. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. 2023 www.statesman.com. A member of the House of Representatives Financial Services Committee, Trey Hollingsworth also serves on multiple subcommittees focused on investor protection and diversity and inclusion. Linda was born January 1st . Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: 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. 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. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. McCaul reported $92.9 million in investments, $100,000 in real estate and $20 million in trusts. Williams, a former Texas secretary of state, made his fortune from a Weatherford car dealership inherited from his father. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Mr. Mays is Principal of Rocking M Capital andMays Family Enterprises. Obernolte did not report any liabilities or debts. In 2012, Highland Park residents used about three times as much water per day than the average Dallas resident, most of it for landscaping. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Collins was recently stripped of his committee assignments after being indicted for insider trading. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. Kara Swisher talks with the Council on Foreign Relations president about Bidens spy-balloon-size missed opportunity. In short, they had lives before they joined the United States government in an official capacity. Michael McCaul Net worth Growth. By clicking Sign up, you agree to receive marketing emails from Insider And a linguist named Emily M. Bender is very worried what will happen when we forget this. Arthur Hayes rubbed success in the Feds face and got busted. Williams recently violated the STOCK Act by failing to properly file three stock transactions by his wife. Armie Hammer Biography- Wife, Batman & Net Worth. 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. Top editors give you the stories you want delivered right to your inbox each weekday. Her net worth is not presently known. 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. The city threw out a Democratic mayor for the first time in decades. It's possible he does have. Born in San Antonio, Texas, Mark and his wife Patti have six children. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Dan Patrick on border security on Feb. 18, 2015. Sen. Mark Warner, Virginia, Democrat $93,534,098. His dad and mom raised him in Palm Springs, CA. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. On Thursday, the Center for Responsive Politics released the 2012 personal finances of the members of Congress, revealing that for the first time, a majority of Washington lawmakers are millionaires. and Texas A&M University (M.S.). Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. NEGAUNEE TOWNSHIP, MI - Linda L. Lahti, 69, of Negaunee Township, passed away peacefully early Sunday morning, February 26th, 2023, at UP Health System - Marquette. With a net worth of $19.5 billion, as well as being the richest politician in America he . Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. His wife Linda is the daughter of Clear Channel founder Lowry Mays. By Paul V. Fontelo and David Hawkings. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. For starters, he doesn't have any liabilities to report. But before many of them arrive in government, they've made millions in the private sector. 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.". Insider used these members' "candidate reports," some of which include financial data from 2021. It's common for wealthy areas in Texas to use the most water. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. But these politicians' net worths have little in common with the typical financial situation of American families. Blumenthal's only liability listed in his financial filings was a 30-year mortgage on his home that his wife took out in 2011. Your California Privacy Rights / Privacy Policy. Williams also reported a stake in two aircraft-leasing companies. Tasos Katopodis/Getty Images for MoveOn.org, Michael Brochstein/SOPA Images/LightRocket via Getty Images. Vern Buchanan has reported ownership interests in about 50 businesses. Does this have something to do with that Texas miracle we keep hearing about? Republican Rep. Paul Mitchell of Michigan is not the hair products icon of the same name, but has been a corporate executive with a sizable portfolio. Williams' wealth is primarily split among mutual funds, a few select stocks, real property, and the ownership of several car dealerships in Texas worth more than $5 million. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. 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. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. 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. In addition, lawmakers do not have to include their principal residences. Republicans are making their 2024 candidates promise to support eventual nominee. 2023 Celebrity Net Worth / All Rights Reserved. The public employee retirement fund amount should have been in the thousands and not millions. A few members of Congress' minimum sum of liabilities far surpassed the minimum sum of their disclosed assets. Malkin is the daughter of real estate mogul Peter Malkin. 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. 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. Insider's analysis does not include four members of Congress whose disclosures were uniquely complicated and lengthy, comprising hundreds of pages of handwritten or scanned documents: Reps. Ro Khanna of California, Vicente Gonzalez of Texas, Kurt Schrader of Oregon, and Harold Rogers of Kentucky. 6.Sen. 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. 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. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. The cause of her death has not been immediately . Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. Sen. Mitt Romney, Utah, Republican $85,269,083. 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. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. Linda also serves on the Austin Greater Crime Commission Board and the Texas Department of Public Safety Foundation Board. 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. He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. 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 Michael McCauls income source is mostly from being a successful Politician. Much of his wealth comes from the trust of his wife Cynthia, daughter of New York real estate tycoon Peter Malkin. 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. 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. A Huge Majority of Voters in George Santoss Own District Think He Should Resign. She attended the University of Miami (B.S.) 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. King Charles Evicts Harry and Meghan From House They Dont Live In. And much of Romney's fortune is in Goldman Sachs mutual funds. Members of Congress earn a salary of $174,000. All rights reserved. Biden Dares Republicans to Go After Obamacare and Medicaid. 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. We recommend you to check the complete list of Famous People born on 14 January. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. A large portion of Dianne Feinstein's wealth comes from her husband. 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. In addition, she is married to Blum Capital president and chairman Richard Blum. To rank members of Congress we looked mostly at reporting from Roll Call, which has been ranking politicians' wealth since 1990. They then sold it off for at least $2.5 million. 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. 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. Running for Congress costs cash money. There are many elected officials with large fortunes independent of the salaries they earn while serving in Congress. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. Rep. Trey Hollingsworth, Indiana, Republican $74,629,062. 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 representative reported one liability: a mortgage worth at least $15,001 through JPMorgan Chase. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. 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. Before joining the Senate, Mark Warner served as governor of Virginia. This password will be used to sign into all, How the Richest Member of Congress Got That Way. . She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. *Sorry, there was a problem signing you up. Access your favorite topics in a personalized feed while you're on the go. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. Richard Blumenthal owes much of his wealth to his family. Submit a correction suggestion and help us fix it! The city will see multiple inches of something apparently called snow., Richard Haass on Americas Relationship Problems With China. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. The philosophical debate behind the lab-leak question. McCaul Leaps to Top of 50 Richest Members of Congress [RollCall]. Submit a correction suggestion and help us fix it! Several cities try to conserve water by creating mandatory watering schedules for residents. Congressman Jon Delaney is a self-made financier who founded HealthCare Financial Partners in 1993 and later CapitalSource of Chevy Chase, Md. Warner has also been a venture capitalist. Michael McCaul (Michael Thomas McCaul) was born on 14 January, 1962 in American, is an American politician. Access your favorite topics in a personalized feed while you're on the go. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. 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. Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. 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. 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. His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. 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. Before joining Congress, DelBene was an executive at Microsoft. 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). 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. Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. Tom Williams/CQ Roll Call. At 60 years old, Michael McCaul height not available right now. Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star . McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. Rep. 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Dares Republicans to go after Obamacare and Medicaid a mortgage on a Washington, DC, property worth least..., Eric is from his father, Jack williams amount should have been in the Bronx could receive 21,500! Use the most water right now the No out in 2011 n't have liabilities! Public employee retirement fund amount should have been in the private sector (!
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