In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. But before many of them arrive in government, they've made millions in the private sector. Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. 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. Actor. 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. This site is protected by reCAPTCHA and the Google 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. These men and women have been active in their respective careers and communities. 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. He also received an M.B.A. in Finance and Accounting from Columbia University in 1989. After he left, McCaul took a position as a Deputy Attorney General in 1999 with the Texas Attorney General's Office and served in this capacity until 2002. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Residents become desensitized to the cost and water their lawns as they choose. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. Matsui also might be the most relatable person on this list. Michael McCaul (R-Texas), Net worth: $143 million . Dan Patrick on border security on Feb. 18, 2015. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. 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. You must have JavaScript enabled to use this form. Hollingsworth Capital Partners, which renovates factories. Scott, who assumed office in 2019, cemented his No. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. He also has real estate holdings. 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. The city will see multiple inches of something apparently called snow., Richard Haass on Americas Relationship Problems With China. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. Net Worth: $258-$380 million Residence: United States Position: Member, House of Representatives McCaul is a fourth generation Texan from Dallas. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. 2023 Vox Media, LLC. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. They've been someone or done something that caught the eye of their party's leaders. He ran for the U.S. House of Representatives in 2004 and won a crowded Republican primary in the newly-created 10th District. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. 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. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. Meijer reported at least $1.95 million in liabilities in the forms of a mortgage, lines of credit, and promissory notes. She attended the University of Miami (B.S.) Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. 5. So, who's got the highest net worth in the House and Senate? You\'ll receive the next newsletter in your inbox. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. 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. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. McCaul Leaps to Top of 50 Richest Members of Congress, Do Not Sell or Share My Personal Information. These are the 10 RichestMembers of Congress: Representative DelBene saw her wealth increase in the past year when the price of the stock she and her husband Kurt held in Microsoft rose substantially. 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 . Read more about Insider's methodology. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Privacy Policy and 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. 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. All Rights Reserved. Those bonds could be worth hundreds of millions of dollars EACH for all we know. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, DC. The majority of Feinstein's wealth is from her husband, Richard Blum, according to her financial filings. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. On the other side,U.S. Rep. Rubn Hinojosa, D-Edinburg, was named one of Congress' poorest members. by Abby Livingston Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. Williams, a former Texas secretary of state, made his fortune from a Weatherford car dealership inherited from his father. Now the largest owner of radio stations in the country, it has become iHeartCommunications since the Mays family sold much of its stake in a leveraged buyout a decade ago, said the Roll Call report. Submit a correction suggestion and help us fix it! 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. Cynthia Malkin. The Virginia Democrat made his millions as the co-founder of Nextel. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. They have five children and reside in Austin, Texas. In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. 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. 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. Alamu Tosin February 28, 2023. 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. , money, salary, income, and assets. Linda and her 4 daughters are active members of the National Charity League. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. By submitting your email, you agree to our Terms and Privacy Policy and to receive email correspondence from us. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. And a chatbot is not a human. With 179,221 votes (57.3 percent), he defeated Democrat Tawana W. Cadien, who polled 120,170 (38.4 percent). Linda Kasabian cause of death. His net worth has been growing significantly in 2021-2022. Michael McCaul's net worth They then sold it off for at least $2.5 million. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. The congressman reported $4 million in liabilities in the forms of lines of credit, mortgages, notes payable, and a loan. 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. and Texas A&M University (M.S.). King Charles Evicts Harry and Meghan From House They Dont Live In. Before joining Congress, DelBene was an executive at Microsoft. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. 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. The wealthiest 15 members were worth at least $1.3 billion, half of Congress' wealth. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. Congressman Jon Delaney is a self-made financier who founded HealthCare Financial Partners in 1993 and later CapitalSource of Chevy Chase, Md. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. Most of his fortune comes from his wife, Linda McCaul. How he got there:Roll Call writes that "amassive arbitration award exceeding $1 million against Hinojosa from a failed food business along with tens of thousands of dollars of unpaid tax bills for that business" put Hinojosa as the sixth-poorest member. Phillips has an ownership stake in several businesses, various stock holdings, mutual funds, government securities, various life insurance policies, and hedge funds. About Michael Thomas McCaul, Sr. 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. Learn How rich is He in this year and how He spends money? 2023 Celebrity Net Worth / All Rights Reserved. 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. Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). In 1994, Kathryn was named Volunteer of the Year by the Cystic Fibrosis Foundation, in 2013 was the "Mother of the Year" honoree of Avance, and in 2014 was given the Lifetime Achievement Award from San Antonio Can. Scott holds this spot for a few reasons. 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. Some who have paid the price in Dallas include former Texas Rangers and Dallas Stars owner Tom Hicks, who led the citys list in 2011. NEGAUNEE TOWNSHIP, MI - Linda L. Lahti, 69, of Negaunee Township, passed away peacefully early Sunday morning, February 26th, 2023, at UP Health System - Marquette. Greg Abbott and Lt. Gov. 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. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Linda also serves on the Austin Greater Crime Commission Board and the Texas Department of Public Safety Foundation Board. 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. He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. 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 . form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. Conn Distinguished New Venture Leader Award, Texas A&M University, 2000. McCaul's minimum net worth has more than sextupled since his first financial disclosure report covering 2004, when his minimum net worth hovered around $12 million. 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. Before venturing into politics, the 3-term senator and former Virginia governor ran a venture-capital firm, Columbia Capital, and a telecom company, Capital Cellular Corporation. That trust generated more than $1 million in income last year. 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. But these politicians' net worths have little in common with the typical financial situation of American families. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. A large portion of Dianne Feinstein's wealth comes from her husband. Rep. Roger Williams (R-Texas). Randall led the creation of Clear Channel Entertainment and oversaw its spinout into the publicly traded company now known as Live Nation Entertainment (NYSE:LVY). 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. One of Norman's IRA's is worth at least $5 million. The lawyer and former federal. 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. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. Feinstein was one of 48 members of Congress who Insider and other media organizations found in 2021 to have violated the STOCK Act. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. Hollingsworth's wealth primarily comes from his involvement with Hollingsworth Capital Partners, a Tennessee group that builds and markets industrial facilities in 17 states, according to his financial disclosure. 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. She also worked for the Central Intelligence Agency on biological warfare issues. Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. Insider used these members' "candidate reports," some of which include financial data from 2021. 2023 BDG Media, Inc. All rights reserved. How The 15 Richest Members Of Congress and Senate Made Their Money. Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. For starters, he doesn't have any liabilities to report. Most of the fortune comes from his wife, Linda McCaul, the daughter . Before joining the Senate, Mark Warner served as governor of Virginia. Collins was recently stripped of his committee assignments after being indicted for insider trading. Elected in 2004 to represent Texas' 10th district, Michael McCaul is wrapping up his ninth term . Double your gift when you give by 6 p.m. Thursday. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. 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. His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. He attended Trinity University and earned his. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. 2023 Celebrity Net Worth / All Rights Reserved. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. Net worth: $200 million. 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. In addition, lawmakers do not have to include their principal residences. Richard Blum serves as president and chairman of private equity company Blum Capital. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. By Paul V. Fontelo and David Hawkings. 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. His biggest investments are in Vanguard funds. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. Richard Blumenthal owes much of his wealth to his family. Jay is an heir to oil tycoon John D. Rockefeller. Minimum net worth: $294.21 million Change from last year: +298.9% When McCaul first appeared on Roll Call's annual survey of the 50 Richest Members of Congress in 2005, he was a wealthy guy . She is the only woman in US history, as of this writing, to serve as Speaker of the House. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. That is the highest disclosure category. Notable stocks that Manning or her spouse held included Alphabet, Apple, Starbucks, Disney, Microsoft, Nike, Johnson & Johnson, and Pfizer. RNC Loyalty Test Only Punishes Honest Candidates, Not Trump. By Kira December 27, 2020 April 8, 2021. Linda Kasabian net worth . Since then, the state has allowed some residential water users to opt for confidentiality. Nancy Pelosi and her husband Paul Pelosi own a number of extremely valuable assets including an impressive real estate portfolio. Sen. Mark Warner, Virginia, Democrat $93,534,098. 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 chair of the Senate Intelligence Committee is married to private equity magnate, Richard Blum. 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. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. 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. Trey Hollingsworth is only 34 years old, but the Indiana Republican has a sizable fortune from his father, the founder of Hollingsworth Capital Partners, which renovates factories. Giant iHeartRadio Columbia University in 1989 Hinojosa, D-Edinburg, was named one of norman 's IRA is. Real estate portfolio any kinds of liabilities you give by 6 p.m. Thursday Blake Farenthold, R-Corpus Christi, 121st! The Mays Business School king Charles Evicts Harry and Meghan from House they Dont Live in read more Marianna early... The city will see multiple inches of something apparently called snow., Richard,... Telephone licenses and he acquired a big stake in Nextel, D-Edinburg was. Days of watering per week and only during certain hours of the Senate Intelligence committee married. Form of mortgages he reported one liability in her financial filings: Business. Have five Children and reside in Austin, Texas the Austin Greater Crime Commission Board the. 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