She is a newcomer to Congress, joining the ranks in 2021. King Charles Evicts Harry and Meghan From House They Dont Live In. 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. Oct. 29, 20153 PM Central. That trust generated more than $1 million in income last year. In a December 2, 2016 Fox News op-ed, McCaul declared his intention to support legislation, in line with president-elect Donald Trump's proposals, to build a wall along the MexicoUnited States border, to secure the border, and have Mexico and other Latin American countries pay for these proposals. 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. He was the Chief of Counterterrorism and National Security for Texas's branch of the US Attorney's office, and also worked under the Department of Justice's Public Integrity Section. 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. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. Net worth: $200 million. Rep. Darrell Issa, California, Republican $115,850,012. In 2005, he received Radio Ink's Lifetime Leadership Award. 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. Warner has also been a venture capitalist. 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. 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. 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. Mark Warner (D-Va . Romney also reported $4.5 million in "capital commitment" liabilities from his wife. 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 . by Abby Livingston Sen. Mitt Romney, Utah, Republican $85,269,083. All of Beyer's assets were jointly owned, in a combination of stocks, government securities, and real property. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. 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. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. 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. 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. He also has a blind trust worth at least $25 million that he set up after he was elected to Congress. 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. After graduating from Georgetown Law School, Delaney founded two companies later listed on the New York Stock Exchange (Health Care Financial Partners and CapitalSource). 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. Kara Swisher talks with the Council on Foreign Relations president about Bidens spy-balloon-size missed opportunity. Congressman Jon Delaney is a self-made financier who founded HealthCare Financial Partners in 1993 and later CapitalSource of Chevy Chase, Md. Linda Kasabian cause of death. 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. With a net worth of $19.5 billion, as well as being the richest politician in America he . His mom, Laura, is an American professional golfer who . He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. Feinstein listed three liabilities, each of which belonged to her husband, for a combined amount of at least $3 million. People are willing to pay the price, he said. His net worth is also buoyed by the enormous success of his wife, Lynn Gorguze, who heads a private equity firm, Cameron Holdings. The Senator was also Massachusetts's governor from 2003 to 2007. 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. Some of them made crazy money. Feinstein was one of 48 members of Congress who Insider and other media organizations found in 2021 to have violated the STOCK Act. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. McCaul won a seventh term in the House in the general election held on November 8, 2016. His wife Linda is the daughter of Clear Channel founder Lowry Mays. 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. He did this before he turned 40, which is when he turned his ambitions towards politics. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. Matsui also might be the most relatable person on this list. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. One of Norman's IRA's is worth at least $5 million. All Rights Reserved. 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. Armie Hammer Biography- Wife, Batman & Net Worth. She is also a member of the U.S. Congressional Club. Three newer members of Congress Reps. McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. Its part of campaign to smoke out and then attack unpopular Republican cuts. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. 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. The House Oversight and Government Reform Committee chairman tops the list, thanks to the fortune he amassed manufacturing car alarms. 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. Austin RepublicanMichael McCaul, one of the wealthiest members of Congress, used more city water than any other resident last year, according to the Austin American-Statesman. In an era of intense political polarization in Washington, it seems that both parties in Congress can finally agree on at least one important thing: they're both richer than ever. Blumenthal's only liability listed in his financial filings was a 30-year mortgage on his home that his wife took out in 2011. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. She is the granddaughter of Irwin M. Jacobs, the co-founder of Qualcomm, a world leader in wireless technology with a stock price of around $156 per share as of March 9th of which she owns $6 million worth. Williams recently violated the STOCK Act by failing to properly file three stock transactions by his wife. DeSantis Promises Florida Will Control Disney Content. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. Linda Kasabian obituary . Your California Privacy Rights / Privacy Policy. . Due to this influx of spousal wealth, McCaul unseated last years richest member of Congress, John Kerry the John Kerry married to Teresa Heinz Kerry of the ketchup fortune. Both of those businesses played a major part in his massive wealth. Before joining Congress, DelBene was an executive at Microsoft. 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. 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. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. Top editors give you the stories you want delivered right to your inbox each weekday. The U.S. Is Choosing Child Labor Over More Immigration. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. In 2012, Highland Park residents used about three times as much water per day than the average Dallas resident, most of it for landscaping. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. 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. Linda Kasabian net worth . 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. Collins was recently stripped of his committee assignments after being indicted for insider trading. Her body was cremated and her cause of death was not revealed. 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 . In late 2021, DelBene appeared to violate the STOCK Act by improperly disclosing her husband's massive sale of Microsoft stock days before President Joe Biden nominated him for an administration post. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. A large portion of Dianne Feinstein's wealth comes from her husband. Blumenthal's fortune is held almost entirely by his wife, Cynthia Malkin, with millions of dollars reported in various hedge funds, stocks, and real estate and property partnerships. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. Biden Dares Republicans to Go After Obamacare and Medicaid. Most of Buchanan's wealth comes from his Florida automotive empire. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. 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 Key Moments From Alex Murdaughs Testimony and Murder Trial. She worked for the Office of Naval Intelligence and tracked Soviet submarines all over the world. He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. So, who's got the highest net worth in the House and Senate? 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. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. Issa's net worth takes a hit from his margin account, which holds him liable for more than $50 million. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. Not a single asset is listed as being in McCaul's name, they are all tied . Michael is the son of James Addington McCaul, Jr. and his wife Frances Jane. Arthur Hayes rubbed success in the Feds face and got busted. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." 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. 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. 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. 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. Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. Here are the richest members currently serving in the House and Senate, based on their reported net worth. He is the wealthiest Democrat in Congress and the only current member who has been a CEO of a publicly traded company. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. How The 15 Richest Members Of Congress and Senate Made Their Money. Matsui also might be the most relatable person on this list. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. He currently serves on the Mays Business School Dean's Advisory Board. Republican Michael McCaul is one of only a handful of legislators on Capitol Hill with an estimated net worth of over $100 million. 2023 www.statesman.com. We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Congress membersthey're just like us! Kate Bedingfield, Bidens Translator, Leaves the White House. For starters, he doesn't have any liabilities to report. He is from American. Before joining the Senate, Mark Warner served as governor of Virginia. 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. Several cities try to conserve water by creating mandatory watering schedules for residents. Malkin is the daughter of real estate mogul Peter Malkin. His net worth has been growing significantly in 2021-2022. The trusts contain a combination of mutual funds, stocks, and electronic funds. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Much of his wealth comes from the trust of his wife Cynthia, daughter of New York real estate tycoon Peter Malkin. 2023 Vox Media, LLC. Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. He is a cofounder of Penny's Coffee, a Minnesota-based coffee shop chain, a former chairman for Talenti Gelato, and the former CEO of Phillips Distilling Company. Linda is on the Board of Visitors at M.D. He graduated from Jesuit College Preparatory School of Dallas and earned a Bachelor of Arts in history from San Antonio's Trinity University in 1984 and his Juris Doctor from St. Mary's University three years later. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. 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. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. 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. Congressman Michael McCaul visits the Texas Capitol for meetings with Gov. 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. She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. Michael McCaul (R-TX) Net Worth: $117.5 million. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 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. Hollingsworth Capital Partners, which renovates factories. These men and women have been active in their respective careers and communities. He rejoined Congress in 2021. Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. In 2004, he was inducted into the Radio Hall of Fame and received the Lifetime Achievement Award, National Association of Broadcasters. The congressman owns an extensive array of real property, mutual funds, and several individual retirement accounts. 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. 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. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. For starters, he doesn't have any liabilities to report. The 15 wealthiest members of Congress are worth a combined $1.3 billion. 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 2009, he received the Ward Quaal Pioneer Award, Broadcasters Foundation of America. How did McCaul make his money? Most of his fortune comes from his. Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. His wife Linda is the daughter of Clear Channel founder Lowry Mays. 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. McCaul reported $92.9 million in investments, $100,000 in real estate and $20 million in trusts. McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. She reported at least $165,000 in credit card debt liabilities; have increased their credit card debt since the pandemic began. 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. On his financial disclosure, McCaul lists a new asset owned by his wife, the Linda McCaul Descendant Trusts, valued at more than $50 million. 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. 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. In 2015 she was named "Angel of the Shelter" by the Children's Shelter. 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. 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