Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. 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. By Paul V. Fontelo and David Hawkings. Oct. 29, 20153 PM Central. 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 are a few vacancies) and the richest among Texas lawmakers. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. Read more about Insider's methodology. Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium. In Tennessee, Even Abortion to Save a Womans Life May Be Illegal. Scott holds this spot for a few reasons. Her net worth is not presently known. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. We recommend you to check the complete list of Famous People born on 14 January. 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. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). 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. 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. 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. 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 ran for the U.S. House of Representatives in 2004 and won a crowded Republican primary in the newly-created 10th District. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. 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 The wealthiest 15 members were worth at least $1.3 billion, half of Congress' wealth. Senator Warner made an enormous fortune as a venture capitalist making shrewd investments early on in the cellular phone industry. 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. Both of those businesses played a major part in his massive wealth. Manning also reported an ownership interest in Stonefield Cellars Winery in North Carolina. Jay is an heir to oil tycoon John D. Rockefeller. print date('Y'); ?> Mays Family Foundation. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. 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. Republicans are making their 2024 candidates promise to support eventual nominee. In 2009, he received the Ward Quaal Pioneer Award, Broadcasters Foundation of America. Michael McCaul Net worth Growth. Mark Warner (D-Va . Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. Members of Congress earn a salary of $174,000. Trone's wealth is divvied up among mutual funds, exchange-traded funds, and ownership of several shops across the country specializing in wine, beer, and spirits: Total Wine & More. 2023 Celebrity Net Worth / All Rights Reserved. Insider's calculations are conservative estimates based on the minimum values disclosed by members. Michael McCaul's net worth Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. 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. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. Greg Abbott and Lt. Gov. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. The congressman reported $4 million in liabilities in the forms of lines of credit, mortgages, notes payable, and a loan. 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. Scott holds this spot for a few reasons. Terms of Service apply. Editor's note: Roll Call published this edition of Wealth of Congress in February 2018. . Several cities try to conserve water by creating mandatory watering schedules for residents. 5. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). 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. Linda and her 4 daughters are active members of the National Charity League. But before many of them arrive in government, they've made millions in the private sector. Armie Hammer Biography- Wife, Batman & Net Worth. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. Rarely does anunknown yokel rise from anonymity to become a member of Congress. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. One of Norman's IRA's is worth at least $5 million. The McCauls have made the top 10 list for water usage several times, the Statesman reported. Privacy Policy and As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. In addition, lawmakers do not have to include their principal residences. The public employee retirement fund amount should have been in the thousands and not millions. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. For starters, he doesn't have any liabilities to report. You must have JavaScript enabled to use this form. Of the 195 Republicans who voted, all voted against both impeachment articles. This site is protected by reCAPTCHA and the Google Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. Rep. Nancy Pelosi, California, Democrat $120,000,000. You can't say that every member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Issa listed one liability: a margin account holding him liable for over $50 million. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. It's possible he does have some form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. She also received a transfer of assets from her father, Mark Warner, who is the chairman of the House Homeland Security Committee. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. 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. For starters, he doesn't have any liabilities to report. 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. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. View popular celebrities life details, birth signs and real ages. At 60 years old, Michael McCaul height not available right now. 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. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Linda is on the Board of Visitors at M.D. Upton also reported having at least $1 million in Pepsi stock. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. Could Alec Baldwin Really Go to Prison for the. He is a member of famous Politician with the age 60 years old group. A newcomer to Congress in 2021, nearly all of Jacobs' wealth is stored in a trust that was created in 2009. The Key Moments From Alex Murdaughs Testimony and Murder Trial. Williams recently violated the STOCK Act by failing to properly file three stock transactions by his wife. 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