Those bonds could be worth hundreds of millions of dollars EACH for all we know. The trusts contain a combination of mutual funds, stocks, and electronic funds. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Rarely does anunknown yokel rise from anonymity to become a member of Congress. He also owns at least $500,000 of stock in Austin-based Whole Foods and three rental properties near the state capital.. Here are the richest members currently serving in the House and Senate, based on their reported net worth. During that time frame, Clear Channel grew into a Multi Media Company in Radio, Outdoor, Television and Live Events. King Charles Evicts Harry and Meghan From House They Dont Live In. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Most of his fortune comes from his. 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). 2023 Celebrity Net Worth / All Rights Reserved. Defense attorney Joshua Ritter on why prosecutors have a tough path to conviction. 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. Prince Harry is doing a livestream Q&A for anyone who missed his two Oprah interviews, his six-hour Netflix documentary, and his book, The Surprisingly Contrarian Case Against Lying About Science. 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. Rep. Michael McCaul, Texas, Republican $125,880,292. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. 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. After graduating from Georgetown Law School, Delaney founded two companies later listed on the New York Stock Exchange (Health Care Financial Partners and CapitalSource). And a chatbot is not a human. DelBene and her husband reported at least $1.1 million worth of shares in her former company. 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. Dallas residents are allowed to watertheir lawns twice per week, with the day depending on the digits of their address. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. Vern Buchanan has reported ownership interests in about 50 businesses. The congressman reported $4 million in liabilities in the forms of lines of credit, mortgages, notes payable, and a loan. That is the highest disclosure category. The cause of her death has not been immediately . In Highland Park in 2006, Harlan Crow poured more than 1.8 million gallons of water on his 7.7-acre property in one month. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. 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. 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. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. 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. Meanwhile, his wife, Cynthia Malkin, has made millions of dollars from stocks, real estate, properties, and hedge funds. 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. 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. (Courtesy McCaul's office) McCaul's triplets. 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. All rights reserved. Senator John Kerry (D-MA). And a linguist named Emily M. Bender is very worried what will happen when we forget this. 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. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. On Thursday, the Center for Responsive Politics released the 2012 personal finances of the members of Congress, revealing that for the first time, a majority of Washington lawmakers are millionaires. Malkin is the daughter of real estate mogul Peter Malkin. She is the only woman in US history, as of this writing, to serve as Speaker of the House. 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. Randall is also the Co-Founder of the NeuroElasticity Project, while learning and exploring opportunities within Consciousness. His dad and mom raised him in Palm Springs, CA. Kate Bedingfield, Bidens Translator, Leaves the White House. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. 2023 BDG Media, Inc. All rights reserved. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. All Rights Reserved. 2023 www.statesman.com. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. Filers for the 2020 fiscal year were allotted an extra three months to submit their disclosures because of the pandemic. Things you buy through our links may earn New York a commission. He is a member of famous Politician with the age 60 years old group. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star State selling Dodge, Chrysler, and Jeep cars and trucks. 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. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. 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. in the general election held on November 6, 2018, McCaul won an eighth term in the House. Rep. Roger Williams (R-Texas). Michael Thomas McCaul Sr. (born January 14, 1962 in Dallas, Texas) is an American attorney and politician serving as the U.S. Representative for Texas's 10th congressional district , since 2005. Amplify your impact and donate now. Running for Congress costs cash money. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. 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. Michael is the son of James Addington McCaul, Jr. and his wife Frances Jane. Nope! Not a single asset is listed as being in McCaul's name, they are all tied . 2023 Celebrity Net Worth / All Rights Reserved. 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. Congress membersthey're just like us! His district stretches from Austin to Houston. Does this have something to do with that Texas miracle we keep hearing about? Scott holds this spot for a few reasons. The Key Moments From Alex Murdaughs Testimony and Murder Trial. 6.Sen. Each year, Roll Call's reporters scour each member's financial disclosure forms to determine the "Wealth of Congress.". Some of them made crazy money. Most of Buchanan's wealth comes from his Florida automotive empire. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. Lawmakers are not required to disclose certain classes of personal assets, such as the value of their personal residence, so these assets are not included in Insider's calculations. Rep. Darrell Issa, California, Republican $115,850,012. Oct. 29, 20153 PM Central. The Colorodo lawmaker (and his parents) foundedan online greeting card company which he later sold for $780 million, as well as the webiste ProFlowers.com. Net Worth: $258-$380 million Residence: United States Position: Member, House of Representatives McCaul is a fourth generation Texan from Dallas. Notable stocks that Manning or her spouse held included Alphabet, Apple, Starbucks, Disney, Microsoft, Nike, Johnson & Johnson, and Pfizer. Members of Congress earn a salary of $174,000. Discover today's celebrity birthdays and explore famous people who share your birthday. Sen. Richard Blumenthal, Connecticut, Democrat $85,231,232. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. 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. She worked for the Office of Naval Intelligence and tracked Soviet submarines all over the world. But before many of them arrive in government, they've made millions in the private sector. She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. Sure, you have political donations, fundraisers to drum up the money, and money from either the Democrats or Republicans, but it still is an expensive endeavor. 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. 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. 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. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. Meijer reported at least $1.95 million in liabilities in the forms of a mortgage, lines of credit, and promissory notes. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. They then sold it off for at least $2.5 million. He also received an M.B.A. in Finance and Accounting from Columbia University in 1989. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. 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. Blumenthal's only liability listed in his financial filings was a 30-year mortgage on his home that his wife took out in 2011. 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. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. Darrell Issa founded Directed Electronics, based in Vista, California. Phillips has an ownership stake in several businesses, various stock holdings, mutual funds, government securities, various life insurance policies, and hedge funds. DelBene's wealth is spread out among mutual funds, exchange-traded funds, and real-estate funds. Warner's wealth is divvied up among mutual funds, private-equity funds, and hedge funds. The congresswoman reported two liabilities owned by her spouse: lines of credit amounting to more than $1.5 million. He attended Trinity University and earned his. By Kira December 27, 2020 April 8, 2021. Access your favorite topics in a personalized feed while you're on the go. She also worked for the Central Intelligence Agency on biological warfare issues. In July, Phillips placed his assets in a qualified blind trust approved by the House Committee on Ethics, meaning he'll retain little control over his assets while he's a member of Congress. Conn Distinguished New Venture Leader Award, Texas A&M University, 2000. 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 . The Washington Democrat and her husband both worked as executives at Microsoft. 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. 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. Issa's net worth takes a hit from his margin account, which holds him liable for more than $50 million. He is the wealthiest Democrat in Congress and the only current member who has been a CEO of a publicly traded company. Mark Warner (D-Va . At 60 years old, Michael McCaul height not available right now. You may be more familiar with Mitt Romney from his 2012 presidential campaign, where he ultimately lost to Barack Obama. His trial is set for early 2020. Now the . 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. They've been someone or done something that caught the eye of their party's leaders. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. 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. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. Upton also reported having at least $1 million in Pepsi stock. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. Feinstein herself reported over $1 million in a deposit account, while a considerable portion of her wealth at least $25 million was held in a blind trust. , money, salary, income, and assets. DeSantis Promises Florida Will Control Disney Content. Its unclear how much the use of water cost McCaul and his family, depending on what kind of meter they have. She attended the University of Miami (B.S.) Dan Patrick on border security on Feb. 18, 2015. Double your gift when you give by 6 p.m. Thursday. She reported at least $165,000 in credit card debt liabilities; have increased their credit card debt since the pandemic began. 2023 Vox Media, LLC. The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. Members disclose the value of their assets in broad ranges. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. Sen. Mark Warner, Virginia, Democrat $93,534,098. McCaul says his approach to counterterrorism will aid in integrating the nation's homeland security policies into the digital age through the implementation of detailed screening of foreign visitors, including immigrants and refugees, by utilizing the latest technologies and intelligence. Obernolte did not report any liabilities or debts. In addition, she is married to Blum Capital president and chairman Richard Blum. *Sorry, there was a problem signing you up. Submit a correction suggestion and help us fix it! It's common for wealthy areas in Texas to use the most water. In 2012, Highland Park residents used about three times as much water per day than the average Dallas resident, most of it for landscaping. He is a Rockefeller. Feinstein listed three liabilities, each of which belonged to her husband, for a combined amount of at least $3 million. Republican Rep. Vern Buchanan of Florida is a highly successful auto-dealer across the southeastern United States. Linda Kasabian net worth . Michael McCaul's net worth 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 . She is also a member of the U.S. Congressional Club. And much of Romney's fortune is in Goldman Sachs mutual funds. Collins was recently stripped of his committee assignments after being indicted for insider trading. Yet it may not be a loss for the left. Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. On his financial disclosure, McCaul lists a new asset owned by his wife, the Linda McCaul Descendant Trusts, valued at more than $50 million. 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. McCaul Leaps to Top of 50 Richest Members of Congress, Do Not Sell or Share My Personal Information. The company, now called iHeartMedia, is a $6.3 . 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. Ranking the Net Worth of the 115th. In a poll, 78 percent of voters from the Third Congressional District say theyve seen enough of their representative. The late real estate magnate Trammell Crow, oilman Edwin Cox and Dallas Cowboys owner Jerry Jones also topped the list. 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. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). These men and women have been active in their respective careers and communities. The management consulting firm made him vice president the year after he joined, and a few years later, Romney started private equity firm Bain Capital. Right-wing board to clamp down on woke ideology in cartoons. Manning also reported an ownership interest in Stonefield Cellars Winery in North Carolina. For starters, he doesn't have any liabilities to report. Editor's note: Roll Call published this edition of Wealth of Congress in February 2018. . Linda Kasabian obituary . McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. The McCauls have made the top 10 list for water usage several times, the Statesman reported. For starters, he doesn't have any liabilities to report. Linda also serves on the Austin Greater Crime Commission Board and the Texas Department of Public Safety Foundation Board. One of Norman's IRA's is worth at least $5 million. 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. Residents become desensitized to the cost and water their lawns as they choose. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). Of the 195 Republicans who voted, all voted against both impeachment articles. by Abby Livingston Can you guess whats total rubbish and whats something an honest-to-God prince wrote in an actual book? Members of Congress earn a salary of $174,000, which is well over twice the national average household income. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. Scott holds relatively few individual stocks. 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. Her net worth is not presently known. This site is protected by reCAPTCHA and the Google He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. The representative reported one liability: a mortgage worth at least $15,001 through JPMorgan Chase. Before joining Congress, DelBene was an executive at Microsoft. Here's a look at what it found for the Texans on the richest and poorest lists. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. The Senator was also Massachusetts's governor from 2003 to 2007. Linda is on the Board of Visitors at M.D. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. You must have JavaScript enabled to use this form. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Linda and her 4 daughters are active members of the National Charity League. This email will be used to sign into all New York sites. Matsui also might be the most relatable person on this list. 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. 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'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. He is joined in the top 50 by fellow Texas CongressmenRoger Williams, R-Austin, Kenny Marchant, R-Coppell, and Lloyd Doggett, D-Austin. Other Central Texas lawmakers were ranked well below McCaul, Williams and Doggett: U.S. Rep. Lamar Smith, R-San Antonio, ranked 96th with $3 million net worth. 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. She has served and supported a number of organizations in San Antonio which include Chairman of the Board and President of the Charity Ball Association; Advisory Board of Texans CAN; President of the Cancer Center Council (CTRC); President of the Cystic Fibrosis Foundation; President of Young Art Patrons (SAMA); the Advisory Board of the Animal Defense League; the Blue Ribbon Committee of the Girl Scouts;the Advisory Board of the Cancer Center Council;Family Service Association; Task Force to Strengthen the United Way; Big Brothers Big Sisters and the San Antonio Public Library. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. Senator Blumenthal's net worth dropped by more than $20 million over the past year. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. and Texas A&M University (M.S.). 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. 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. Submit a correction suggestion and help us fix it! 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. His wife Linda is the daughter of Clear Channel founder Lowry Mays. Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. The Virginia Democrat made his millions as the co-founder of Nextel. The public employee retirement fund amount should have been in the thousands and not millions. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Cost McCaul and his time on the Austin Greater crime commission Board and the Texas of! In an actual book each of which belonged to her husband, Children Parents! To CQ Roll Call 's reporters scour each member 's financial disclosure forms to determine the `` of... Of Public Safety Foundation Board from anonymity to become a member of Congress, do not or... Time frame, Clear Channel founder Lowry Mays weapons stockpiled in the form of mortgages his family, depending the!, linda mccaul net worth, notes payable, and assets 's governor from 2003 2007. 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