Do we need to say more? Scott holds this spot for a few reasons. With an estimated net worth of $3.6 billion, the former venture capitalist, tech investor and heir to the Hyatt Hotel chain poured $171.5 million into his 2018 gubernatorial campaign, setting a. McCaul said that the bill was "an important step toward addressing the cyber threat." Nancy and Paul are prolific stock traders, much to the chagrin of some critics. Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. Mrs. Johnson currently serves on the Advisory Board of the SMU School of Journalism,the Board of Trustees of the United Way and the Board of Governors of CTRC. Rest assured, the point of this list is not to chastise anyone for their wealth, but rather to remindeveryone that the people writing our laws the ones passing budgets (or not passing them), deciding whether to extend unemployment benefits, debating raising the minimum wage, and overhauling the tax code are enjoying a very selective experience in our economy. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. King Charles Evicts Harry and Meghan From House They Dont Live In. 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. The Washington Democrat and her husband both worked as executives at Microsoft. Roger Williams $27.7 million. The former environmental attorney from San Diego made millions as an environmental attorney in the 1990s, representing government agencies and businesses in regulatory disputes, as well as from shrewd investments. He did this before he turned 40, which is when he turned his ambitions towards politics. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. Meijer reported at least $1.95 million in liabilities in the forms of a mortgage, lines of credit, and promissory notes. Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. By Kira December 27, 2020 April 8, 2021. 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. 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. 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. DeSantis Promises Florida Will Control Disney Content. Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. 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. Meanwhile, his wife, Cynthia Malkin, has made millions of dollars from stocks, real estate, properties, and hedge funds. 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. In short, they had lives before they joined the United States government in an official capacity. DelBene's office denied that the congresswoman violated the law, citing an email from the Committee on House Ethics. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. 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. 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. Three newer members of Congress Reps. Starting. She attended the University of Miami (B.S.) Rep. Michael McCaul, R-Texas. His district stretches from Austin to Houston. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. 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. Get the latest politics news from North Texas and beyond. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. Now the . But before many of them arrive in government, they've made millions in the private sector. Linda Mays McCaul is the daughter of Lowry Mays, one of the . Terms of Service apply. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. 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. by Abby Livingston Linda Kasabian obituary . They then sold it off for at least $2.5 million. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. Defense attorney Joshua Ritter on why prosecutors have a tough path to conviction. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. 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. A member of the Republican Party, he served as Chairman of the House Committee on Homeland Security during 113th, 114th, and 115th Congresses. A Huge Majority of Voters in George Santoss Own District Think He Should Resign. Kathryn's extensive board service also includes many years on the boards of YWCA and the American Cancer Society. AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. McCaul worked as an attorney and a federal prosecutor before entering politics. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. Beyer reported at least $8.6 million in liabilities, almost all of which were mortgages on various properties he owned. In 2004, he was inducted into the Radio Hall of Fame and received the Lifetime Achievement Award, National Association of Broadcasters. Scott did not list any liabilities or debts in his filings. Your California Privacy Rights / Privacy Policy. Rep. Nancy Pelosi, California, Democrat $120,000,000. Republican Michael McCaul is one of only a handful of legislators on Capitol Hill with an estimated net worth of over $100 million. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. 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. Romney reported at least $4.5 million in liabilities from his wife; each liability was listed as a "capital commitment.". 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. Could Alec Baldwin Really Go to Prison for the. 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. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. We have estimated At least four of the other households on Austin's top 10 list for water usage are in the same neighborhood. Most of the fortune comes from his wife, Linda McCaul, the daughter . Together they own large stakes in companies like Facebook, Apple, Comcast and Disney. The Brutal Layoffs at Twitter Just Keep Coming. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. 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. in the general election held on November 6, 2018, McCaul won an eighth term in the House. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. This site is protected by reCAPTCHA and the Google Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Scott, who assumed office in 2019, cemented his No. 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. 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. Peters' and his wife Lynn's wealth is the result of venture capital investing. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. 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. In his spare time, Randall is a devoted father to his four children who are most often by his side as he explores his passion for travel, mentoring, fly fishing, pickleball, cooking and hiking. The 15 wealthiest members of Congress are worth a combined $1.3 billion. Prior to his time in government, Warner ran Columbia Capital, a venture-capital firm, and telecom company Capital Cellular Corporation, both of which contributed to his wealth, alongside mutual funds, hedge funds, and private-equity funds. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. On his financial disclosure, McCaul lists a new asset owned by his wife, the Linda McCaul Descendant Trusts, valued at more than $50 million. He also has real estate holdings. Malkin is the daughter of real estate mogul Peter Malkin. Phillips has an ownership stake in several businesses, various stock holdings, mutual funds, government securities, various life insurance policies, and hedge funds. 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. Editor's note: Roll Call published this edition of Wealth of Congress in February 2018. . Warner currently holds stock in "Columbia Capital Equity Partners,"a Virginia based investment company. 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. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. Access your favorite topics in a personalized feed while you're on the go. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. Filers for the 2020 fiscal year were allotted an extra three months to submit their disclosures because of the pandemic. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. So, who's got the highest net worth in the House and Senate? Notable stocks held by Hern and his family included more than $250,000 worth of Amazon, at least $100,000 worth of Alphabet, and more than $530,000 worth of Microsoft. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. Rose also owned at least $500,000 worth of stock in Citizens Bank and more than $100,000 worth of Alphabet stock, and he reported 100% ownership of Rose Farm, worth between $5 million and $25 million. 2023 Celebrity Net Worth / All Rights Reserved. The McCauls have made the top 10 list for water usage several times, the Statesman reported. Notable stocks that Manning or her spouse held included Alphabet, Apple, Starbucks, Disney, Microsoft, Nike, Johnson & Johnson, and Pfizer. Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. 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. Sen. Mitt Romney, Utah, Republican $85,269,083. 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. 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. 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. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). Congressman Michael McCaul visits the Texas Capitol for meetings with Gov. Obernolte did not report any liabilities or debts. 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. 2023 BDG Media, Inc. All rights reserved. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. Right-wing board to clamp down on woke ideology in cartoons. McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. 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. Biden Dares Republicans to Go After Obamacare and Medicaid. According to his report, that trust is invested in several other familypartnerships. Net worth: $200 million. 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: . His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. In addition, lawmakers do not have to include their principal residences. She is the only woman in US history, as of this writing, to serve as Speaker of the House. and Texas A&M University (M.S.). The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. Michael McCaul Net worth Growth. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star . 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. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. 2023 Celebrity Net Worth / All Rights Reserved. Her body was cremated and her cause of death was not revealed. Why young migrant workers are illegally filling a void in the job market. Read more about Insider's methodology. The lawyer and former federal. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985 many years on boards! They 've made millions of dollars from stocks, real estate,,. Peggy and linda mccaul net worth Mays and sister of its CEO mark Mays Senate Intelligence Committee trusts and belonging... World 's richest people grew their fortunes by trillions of dollars austin 's top 10 list for water usage times! 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