Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. She worked for the Office of Naval Intelligence and tracked Soviet submarines all over the world. His district stretches from Austin to Houston. How did McCaul make his money? McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. 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. 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. He also served as the US ambassador to Switzerland and Liechtenstein under former President Barack Obama. 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. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. How The 15 Richest Members Of Congress and Senate Made Their Money. Tom Williams/CQ Roll Call. During that time frame, Clear Channel grew into a Multi Media Company in Radio, Outdoor, Television and Live Events. 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. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star . The company, now called iHeartMedia, is a $6.3 . 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. In short, they had lives before they joined the United States government in an official capacity. Three newer members of Congress Reps. in the general election held on November 6, 2018, McCaul won an eighth term in the House. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. 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. 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. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. 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. 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. 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. Amplify your impact and donate now. The Brutal Layoffs at Twitter Just Keep Coming. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. The congressional money list is in and Texas can once again claim some high rollers, or at least high earners, with the wealthiest members of Congress from the Lone Star State topped by three Austin members: Michael McCaul, Roger Williams and Lloyd Doggett. The majority of Rep. McCaul's wealth comes from his wife, Linda McCaul, who is the daughter of Lowry Mays, the CEO and founder of Clear Channel Communications. Four years later, he was re-elected to a fourth term with 76% of the vote against Democratic candidate Ted Ankrum (22%) and Libertarian candidate Jeremiah "JP" Perkins (1 percent). 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. Matsui also might be the most relatable person on this list. Here are the wealthiest members of Congress: Sen. Rick Scott, Florida, Republican $200,327,223. 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. Buchanan may have the authority to write American tax policy in coming years, as the congressman is likely to become the leading GOP member of the Ways and Means Committee after Rep. Devin Nunes announced his resignation to become the CEO of a new social media company founded by former President Donald Trump. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. The wealthiest 15 members were worth at least $1.3 billion, half of Congress' wealth. With 157,166 votes (51.1 percent), he defeated Democrat Mike Siegel, who polled 144,034 (46.8 percent). By Paul V. Fontelo and David Hawkings. 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. 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. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: 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. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. With a net worth of $19.5 billion, as well as being the richest politician in America he . [22] In 2004, the same publication estimated his net worth at $12 million. By Kira December 27, 2020 April 8, 2021. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. So, who's got the highest net worth in the House and Senate? Buchanan listed several liabilities in his financial filings worth at least $14 million, including loans for a plane and a yacht connected with the LLC. Rep. Roger Williams (R-Texas). Starting. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. He also has a blind trust worth at least $25 million that he set up after he was elected to Congress. , money, salary, income, and assets. Rep. Doris Matsui, California, Democrat $73,872,062. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. He did this before he turned 40, which is when he turned his ambitions towards politics. All rights reserved. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. 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. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Matsui also might be the most relatable person on this list. *Sorry, there was a problem signing you up. Warner's wealth is divvied up among mutual funds, private-equity funds, and hedge funds. Hollingsworth Capital Partners, which renovates factories. His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. Why young migrant workers are illegally filling a void in the job market. NEGAUNEE TOWNSHIP, MI - Linda L. Lahti, 69, of Negaunee Township, passed away peacefully early Sunday morning, February 26th, 2023, at UP Health System - Marquette. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). The House Oversight and Government Reform Committee chairman tops the list, thanks to the fortune he amassed manufacturing car alarms. DelBene and her husband reported at least $1.1 million worth of shares in her former company. By clicking Sign up, you agree to receive marketing emails from Insider 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. He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. He also owns at least $500,000 of stock in Austin-based Whole Foods and three rental properties near the state capital.. 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. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. 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. He rejoined Congress in 2021. he 15 wealthiest members of Congress are worth a combined $1.3 billion. Rep. Darrell Issa, California, Republican $115,850,012. 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. Manning also reported an ownership interest in Stonefield Cellars Winery in North Carolina. 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. The President and chairman of blum Capital, a private equity company as. And assets by submitting your email, you agree to our Terms and Privacy Policy and to receive email from... Cellars Winery in North Carolina member of Congress: Sen. Rick Scott,,. Chemical weapons stockpiled in the House and Senate Made Their Money the vice-chair of the United States House Representatives. Sen. 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