Williams also reported a stake in two aircraft-leasing companies. Warner's wealth is divvied up among mutual funds, private-equity funds, and hedge funds. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. In keeping with the method of calculating congressional net worth, home equity was withheld from the figure. He was the first former president to monetize his time in the office, according to The Washington Post. Members of the United States Congress and candidates for Congress are required to file an annual Personal Financial Disclosure (PFD) on or before May 15 of every year. Rep. Liz Cheney's (R-WY) net worth ballooned from an estimated $7 million when she first took office in 2017 to possibly more than $44 million in 2020, according to analysis from the Center for Responsive Politics and her most recent financial disclosure forms. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. The ten current senators and representatives listed below experienced the highest overall net worth gains (by percentage) from 2004-2012. The second-term senator and former governor returned to practicing law in 2003 after he finished his term as governor. For information on which members saw the highest change during their tenure, please see Ballotpedia's page on the Changes in Net Worth of U.S. Scott, who assumed office in 2019, cemented his No. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Rep. Chellie Pingree's dramatic net worth increase is due to her marriage. Policy: Christopher Nelson Caitlin Styrsky Molly Byrne Jimmy McAllister Samuel Postell This is the first . 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. No one is qualifying for food stamps, but some lawmakers carry significant personal and/or business debt. Today, though all congressional representatives earn salaries, not much else has changed. Property (such as personal residences) and non-income producing investments are not required to be reported under ethics laws. Changes in Net Worth of U.S. Senators and Representatives (Personal Democrat Earl Blumenauer has represented Oregon's 3rd District for nearly two and a half decades. "After first signaling her opposition to these reforms, the Speaker purportedly reversed her position. 1st: George Washington Est. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. Phillips held more than $250,000 worth of Apple stock, at least $50,000 worth of Facebook stock, and over $1 million in the SPDR S&P 500 Trust ETF. Those from personal acquaintances, contributions to legal defense funds and commemorative items. Pelosi's net worth in 2021 was estimated to be as much as $171.4 million in an October report by The Washington Free Beacon, a conservative news outlet that arrived at that figure "by taking into account the ranges of all the individual assets and liabilities" in Pelosi's financial disclosure statement. Worth an estimated $70 million, Democratic Sen. Richard Blumenthal of Connecticut is wealthier than all but a handful of other lawmakers on Capitol Hill. Take Our Poll: What Do You Plan To Use Your Tax Refund For? Four-term Rep. Markwayne Mullin serves Oklahoma's 2nd District in the eastern part of the state. Neal Dunn represents the 2nd District in Florida, which covers most of that state's panhandle. Buchanan's wealth primarily comes from his ownership of several car dealerships, in addition to a limited liability company that was labeled as "Aircraft Holding & Leasing" and valued at $25 million to $50 million. Research: Josh Altic Vojsava Ramaj Allen & Associates, which operates in six states and is headquartered in Augusta, which is within the district Allen represents. Roger Marshall is in his second term as the congressman representing the 1st District of Kansas, which encompasses mostly the western part of the state. Rep. Vicente Gonzalez is serving his second term in Congress, representing the 15th District in the southern part of Texas. Scott did not list any liabilities or debts in his filings. How much are your senators and representatives worth? Grandson of Robert F. Kennedy, Joseph Kennedy is the only member of the political dynasty to be currently serving on Capitol Hill. After heated budget debates, threats of government shutdowns and multiple votes to raise the debt ceiling, Congress has been dealing with fiscal issues on a regular basis. Before representing Washington's 4th District on Capitol Hill in 2015, Republican Dan Newhouse served as the director of Washington state's Department of Agriculture. Much of Upton's wealth is old family money, as his paternal grandfather patented an early iteration of the modern electric washing machine and founded a company that is now home appliance giant Whirlpool. Her income is estimated to be around $174,000 annually. One of Norman's IRA's is worth at least $5 million. Some incumbents experienced a net loss in net worth. The first-term senator from North Carolina was an executive at PricewaterhouseCoopers and IBM. 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. Meet the 25 Wealthiest Members of Congress - Business Insider Sen. Johnny Isakson was elected to the U.S. House of Representatives in 1998, and to the U.S. Senate in 2004. Click here to contact us for media inquiries, and please donate here to support our continued expansion. Before his election to Congress, Hill was a commercial banker and investment manager. Kennedy has served Massachusetts' 4th District since 2013. The data goes from 2004 through 2012. Three newer members of Congress Reps. Rep. Debbie Dingell is serving her third term as representative of Michigan's 12th District, which is located in the southeast corner of the state. If a member gains, expect the gain to be large. OpenSecrets combines all assets and liability to form a total potential range of values, and then provides an average value as the best guess of each individual's net worth. Lowey is the current chair of the Committee on Appropriations. Senators and Representatives (Personal Gain Index), All data relating to the average net worth of individual members of congress from. Ocasio-Cortez spokeswoman Lauren Hitt said the financial disclosure reports are accurate but provided no additional comment. Thank you for supporting our journalism. DelBene's office denied that the congresswoman violated the law, citing an email from the Committee on House Ethics. The data used to calculate changes in net worth may include changes resulting from assets gained through marriage, inheritance, changes in family estates and/or trusts, changes in family business ownership and many other variables unrelated to a member's behavior in Congress. He ran Sara Lee Corp.'s Asia unit and was an executive with Haggar Clothing and footwear company Reebok. Other notable stocks owned by Jacobs includes more than $100,000 invested in stocks of Apple, Microsoft, and Mastercard. Hollingsworth launched his campaign in his adopted home state of Indiana with over $3 million of his own money. Sen. Michael Bennet first became senator in 2009 to fill the vacancy created by the resignation of Kenneth Salazar. Trone is a relatively new member of Congress he assumed office in 2019. Sen. Elizabeth Warren of Massachusetts. Any such honoraria must be reported on the PFD by source and amount. The 15 Richest Members of Congress | Newsmax.com Much of his wealth is from investments he made with his earnings from years as a corporate tax attorney. Its content is produced independently of USA TODAY. Of the "Top 100", 56 are Republicans, 43 are Democrats and one is an Independent. Tucker Carlson ousted at Fox News amid lawsuit alleging sexism : NPR Net worth of United States Senators and Representatives, Former congressional members in the Executive Branch, Reports from the financial year before members entered congress are included when available, Apply for the Ballotpedia Fellows Program, Democratic Congressional Campaign Committee, National Republican Congressional Committee, Filing requirements for congressional candidates, Staff salaries of United States Senators and Representatives, Changes in Net Worth of U.S. In 1997 Gianforte founded RightNow Technologies, a cloud-based customer service program, which was bought for over $1 billion by Oracle Corp in 2012. Fact check: Rep. Alexandria Ocasio-Cortez's net worth doesn't top $1M Only House members and senators currently serving in the 116th congress were considered. Democrat Rosa DeLauro has represented Connecticut's 3rd District which covers the central part of the state along the coast since 1991. The eight-term congressman from Texas, Rep. Michael Conaway is a certified public accountant who worked at Price Waterhouse and with George W. Bush as the chief financial officer for Bush Exploration. Lowey is married to a prominent Wall Street attorney, who co-founded his own firm that specializes in securities and merger litigation. The representative reported one liability: a mortgage worth at least $15,001 through JPMorgan Chase. 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. Sen. The top range for Senate spousal assets is listed as Over $1 million." But this year Trump's net worth dropped to $2.5 billion. 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. At the start of his 2020 presidential campaign Biden released his financial information disclosures as well as state and federal tax returns for 2016, 2017, and 2018 and based on those forms,. Manhattan Construction Group's lucrative contracts have included both Bush presidential libraries as well as the new Dallas Cowboys stadium. Sen. Jacky Rosen, serving her first term as senator from Nevada after serving as a congresswoman, is a former computer programmer. Paul also has invested in Apple, Disney, Comcast, and Facebook. Richest Member of Congress in Each State - Yahoo Finance Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. Speaker of the House Nancy Pelosi will leave her role in the Democratic leadership when the new Congress meets on January 3and she will depart considerably wealthier than when she began. Sen. Thom Tillis spent his 22-year private-sector career in technology and management consulting before he entered Congress in 2015.