Peters reported two liabilities worth at least $30,000 in total, for "revolving credit.". 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. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. By Paul V. Fontelo and David Hawkings. It's possible he does have. Warner currently holds stock in "Columbia Capital Equity Partners,"a Virginia based investment company. Sen. Rick Scott (Anna Moneymaker/Getty Images), Rep. Vern Buchanan, Florida, Republican $113,384,088. Since then, the state has allowed some residential water users to opt for confidentiality. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. Scott holds this spot for a few reasons. Currently serving as representative for the 10th congressional district of Texas, Michael McCaul is an American politician with an estimated net worth of $305.46 million in 2012. Issa's net worth takes a hit from his margin account, which holds him liable for more than $50 million. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. The 15 wealthiest members of Congress are worth a combined $1.3 billion. Congress membersthey're just like us! On December 18, 2019, McCaul voted against both articles of impeachment against Trump. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. Jay is an heir to oil tycoon John D. Rockefeller. GOP members of Congress own as much as $60.4 million in fossil fuel stocks, while Democrats and an independent who caucuses with the Democrats own up to $32.3 million. Net Worth: $108 million 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. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. Other notable stocks owned by Jacobs includes more than $100,000 invested in stocks of Apple, Microsoft, and Mastercard. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. View popular celebrities life details, birth signs and real ages. Linda is on the Board of Visitors at M.D. 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. Hern disclosed two liabilities: at least $500,000 used to purchase a McDonald's restaurant, and at least $1 million that his spouse used to buy a separate company. All rights reserved. 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. 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. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. McCaul said that the bill was "an important step toward addressing the cyber threat." Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. McCaul Leaps to Top of 50 Richest Members of Congress [RollCall]. Williams also reported a stake in two aircraft-leasing companies. 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. The company had revenue of $928 million in Q3 of 2021, an increase of 25% YoY. Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, DC. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. 2023 Celebrity Net Worth / All Rights Reserved. Learn How rich is He in this year and how He spends money? 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. 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. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. All of Beyer's assets were jointly owned, in a combination of stocks, government securities, and real property. Scott, who assumed office in 2019, cemented his No. He did this before he turned 40, which is when he turned his ambitions towards politics. Sen. Richard Blumenthal, Connecticut, Democrat $85,231,232. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. With 179,221 votes (57.3 percent), he defeated Democrat Tawana W. Cadien, who polled 120,170 (38.4 percent). Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. Top editors give you the stories you want delivered right to your inbox each weekday. Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. 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. Warner's wealth is divvied up among mutual funds, private-equity funds, and hedge funds. His wife Linda is the daughter of Clear Channel founder Lowry Mays. 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. By clicking Sign up, you agree to receive marketing emails from Insider In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. You must have JavaScript enabled to use this form. In 2015 she was named "Angel of the Shelter" by the Children's Shelter. Nancy and Paul are prolific stock traders, much to the chagrin of some critics. His biggest investments are in Vanguard funds. Those bonds could be worth hundreds of millions of dollars EACH for all we know. Dallas residents are allowed to watertheir lawns twice per week, with the day depending on the digits of their address. The trust contains government securities, mutual funds, and more than $6 million in stock of Qualcomm, a semiconductor company co-founded by her grandfather, Irwin M. Jacobs. 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). 2023 BDG Media, Inc. All rights reserved. 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. For more on Roll Call's Wealth of Congress list, read the paper'sfull article. The tiered rates don't help, Bill Lindley, Highland Park town manager, told The Dallas Morning News in 2012. The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. Scott holds this spot for a few reasons. Armie Hammer Biography- Wife, Batman & Net Worth. This is the unique deodorant that won over Shark Tank investors & shoppers love the newest scent, These Are The Best Deals On Amazon Right Now, By subscribing to this BDG newsletter, you agree to our. 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. 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. The congressman owns an extensive array of real property, mutual funds, and several individual retirement accounts. 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. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. 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 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. The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. Now hes returning to a shell-shocked industry. Also listed on his report was the Linda McCaul Descendant Trusts valued at over $50 million as well as two other trusts, owned by his dependent children, ranging in value from $1 million to $5 million and $25 million to $50 million respectively. 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. The trusts contain a combination of mutual funds, stocks, and electronic funds. Cynthia Malkin. According to his report, that trust is invested in several other familypartnerships. She also worked for the Central Intelligence Agency on biological warfare issues. Terms of Service apply. Residents become desensitized to the cost and water their lawns as they choose. How The 15 Richest Members Of Congress and Senate Made Their Money. Michael McCaul also doesn't have any liabilities or debts in his financial disclosure, but a large portion of his wealth comes from his wife. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. Running for Congress costs cash money. 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. The lawyer and former federal. Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. Collins was recently stripped of his committee assignments after being indicted for insider trading. With 157,166 votes (51.1 percent), he defeated Democrat Mike Siegel, who polled 144,034 (46.8 percent). You\'ll receive the next newsletter in your inbox. 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. To rank members of Congress we looked mostly at reporting from Roll Call, which has been ranking politicians' wealth since 1990. 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. 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 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. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. It's common for wealthy areas in Texas to use the most water. He attended Trinity University and earned his. Elected in 2004 to represent Texas' 10th district, Michael McCaul is wrapping up his ninth term . That is the highest disclosure category. Linda Kasabian net worth . Randall is also the Co-Founder of the NeuroElasticity Project, while learning and exploring opportunities within Consciousness. Before venturing into politics, the 3-term senator and former Virginia governor ran a venture-capital firm, Columbia Capital, and a telecom company, Capital Cellular Corporation. McCaul's $7.3 million, 14,000-square-foot home sits on nearly two acres in the 78746 ZIP code, which like Highland Park is on a Bloomberg list of the wealthiest areas in the country. print date('Y'); ?> Mays Family Foundation. 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. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. Members of Congress earn a salary of $174,000, which is well over twice the national average household income. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. Linda Kasabian obituary . He rejoined Congress in 2021. The only liability Blumenthal reported was the 30-year mortgage his wife took out on their home in 2011. The Washington Democrat and her husband both worked as executives at Microsoft. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. Rose, who joined Congress in 2019, reported an ownership stake in several residential buildings across the country. Obernolte did not report any liabilities or debts. The late real estate magnate Trammell Crow, oilman Edwin Cox and Dallas Cowboys owner Jerry Jones also topped the list. 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 . The recently released wealth list fromRoll Call, a news outlet that covers Capitol Hill, annually compiles and ranks the financial reports of the members, which only require lawmakers to give broad ranges of value. Three newer members of Congress Reps. Hollingsworth's wealth primarily comes from his involvement with Hollingsworth Capital Partners, a Tennessee group that builds and markets industrial facilities in 17 states, according to his financial disclosure. In Tennessee, Even Abortion to Save a Womans Life May Be Illegal. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. Upton also reported having at least $1 million in Pepsi stock. 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. Rep. Darrell Issa, California, Republican $115,850,012. 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. Kathryn's extensive board service also includes many years on the boards of YWCA and the American Cancer Society. 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