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. in the general election held on November 6, 2018, McCaul won an eighth term in the House. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. Richard Blum serves as president and chairman of private equity company Blum Capital. Net worth: $200 million. That is the highest disclosure category. We have estimated 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. Prior to his time in government, Warner ran Columbia Capital, a venture-capital firm, and telecom company Capital Cellular Corporation, both of which contributed to his wealth, alongside mutual funds, hedge funds, and private-equity funds. Rep. Doris Matsui, California, Democrat $73,872,062. In his spare time, Randall is a devoted father to his four children who are most often by his side as he explores his passion for travel, mentoring, fly fishing, pickleball, cooking and hiking. 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. Warner has also been a venture capitalist. She also worked for the Central Intelligence Agency on biological warfare issues. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Matsui's listed holdings were spread out among exchange-traded funds, money-market funds, limited liability companies, and trusts. Submit a correction suggestion and help us fix it! 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. Linda also serves on the Austin Greater Crime Commission Board and the Texas Department of Public Safety Foundation Board. Dallas residents are allowed to watertheir lawns twice per week, with the day depending on the digits of their address. 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. So, who's got the highest net worth in the House and Senate? 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. Insider used these members' "candidate reports," some of which include financial data from 2021. 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. In a poll, 78 percent of voters from the Third Congressional District say theyve seen enough of their representative. Right-wing board to clamp down on woke ideology in cartoons. He is joined in the top 50 by fellow Texas CongressmenRoger Williams, R-Austin, Kenny Marchant, R-Coppell, and Lloyd Doggett, D-Austin. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. 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. Romney also reported $4.5 million in "capital commitment" liabilities from his wife. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. 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. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. Meijer reported at least $1.95 million in liabilities in the forms of a mortgage, lines of credit, and promissory notes. 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. He is the wealthiest Democrat in Congress and the only current member who has been a CEO of a publicly traded company. Hern joined the House of Representatives in 2018. He also worked as a venture capitalist, investing in several technology and healthcare companies. Williams also reported a stake in two aircraft-leasing companies. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. Roger Williams $27.7 million. The city will see multiple inches of something apparently called snow., Richard Haass on Americas Relationship Problems With China. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. The city threw out a Democratic mayor for the first time in decades. 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. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. A few members of Congress' minimum sum of liabilities far surpassed the minimum sum of their disclosed assets. But these politicians' net worths have little in common with the typical financial situation of American families. Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. King Charles Evicts Harry and Meghan From House They Dont Live In. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. Starting. His wife Linda is the daughter of Clear Channel founder Lowry Mays. 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. McCaul also completed the Senior Executive Fellowship at the Kennedy School of Government of Harvard University. Dan Patrick on border security on Feb. 18, 2015. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. Biden Dares Republicans to Go After Obamacare and Medicaid. DelBene's wealth is spread out among mutual funds, exchange-traded funds, and real-estate funds. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. 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. . 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. She is also a member of the U.S. Congressional Club. By Kira December 27, 2020 April 8, 2021. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. Republican Rep. Paul Mitchell of Michigan is not the hair products icon of the same name, but has been a corporate executive with a sizable portfolio. 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. The company had revenue of $928 million in Q3 of 2021, an increase of 25% YoY. Discover today's celebrity birthdays and explore famous people who share your birthday. Obernolte did not report any liabilities or debts. 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. Some of them made crazy money. Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). All rights reserved. Darrell Issa only started serving in his current district (California's 50th congressional district) in 2021, but he first became a member of the House of Representatives in 2001. Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. He currently serves on the Mays Business School Dean's Advisory Board. As of 2018 he was the fifth-wealthiest member of Congress. NEGAUNEE TOWNSHIP, MI - Linda L. Lahti, 69, of Negaunee Township, passed away peacefully early Sunday morning, February 26th, 2023, at UP Health System - Marquette. 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. 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. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. So, who's got the highest net worth in the House and Senate? Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. 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. For starters, he doesn't have any liabilities to report. 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. Vern Buchanan has reported ownership interests in about 50 businesses. By signing up you agree to our Terms of Service and Privacy Policy, Stand with us in our mission to discover and uncover the story of North Texas, Michael McCaul, one of Congress' richest members, used more water in 2017 than any Austin resident, Highland Park residents used about three times as much water, Author of Texas drag bill says video of him wearing dress was a joke back in school, Judge rules in favor of Michael Irvin in request for expedited evidence in $100M lawsuit, Dallas-Fort Worth could see severe thunderstorms, large hail, tornadoes Thursday, Former DPD chief David Brown returning to North Texas after resigning as Chicagos top cop, Corby Davidson, radio co-host of The Tickets Hardline, has rare benign tumor, New apartment project coming for Allens downtown district, Smoke-filled Spirit Airlines flight from DFW Airport diverted after battery fire, Target plans new store in Oak Cliffs Wynnewood Village, Southwest Airlines ups its caffeine game by introducing in-flight bottled iced coffee, Ray Washburne buys downtown Dallas landmark Founders Square building, Oak Cliff apartment project will bring affordable units, skyline view of Dallas, Ray Davis optimistic, anxious about Rangers season amidst tumultuous TV situation, Hot List: 16 great restaurants to visit in Dallas-Fort Worth in March 2023, Ross Perot Jr.s Hillwood buys California NASCAR track for estimated $543.7 million. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. 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. 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. Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. By clicking Sign up, you agree to receive marketing emails from Insider Scott did not list any liabilities or debts in his filings. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. Privacy Policy and member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. For starters, he doesn't have any liabilities to report. In an era of intense political polarization in Washington, it seems that both parties in Congress can finally agree on at least one important thing: they're both richer than ever. Rep. Lucille Roybal-Allard, a Democrat from California: -$1,008,000, Rep. Steven Horsford, a Democrat from Nevada: -$1,047,992, Sen. Cynthia Lummis, a Republican from Wyoming: -$1,401,991, Sen. Tammy Duckworth, a Democrat from Illinois: -$1,877,936, Rep. August Pfluger, a Republican from Texas: -$2,000,002. His district stretches from Austin to Houston. as well as other partner offers and accept our. Malkin is the daughter of real estate mogul Peter Malkin. About Michael Thomas McCaul, Sr. 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. Three newer members of Congress Reps. She is the granddaughter of Irwin M. Jacobs, the co-founder of Qualcomm, a world leader in wireless technology with a stock price of around $156 per share as of March 9th of which she owns $6 million worth. Rose also owned at least $500,000 worth of stock in Citizens Bank and more than $100,000 worth of Alphabet stock, and he reported 100% ownership of Rose Farm, worth between $5 million and $25 million. Access your favorite topics in a personalized feed while you're on the go. 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. By Paul V. Fontelo and David Hawkings. 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. Nope! Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. 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. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. Scott holds this spot for a few reasons. 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. He attended Trinity University and earned his. 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. Linda Kasabian was a famous member of the Manson Family. Jay is an heir to oil tycoon John D. Rockefeller. Most of the fortune comes from his wife, Linda McCaul, the daughter . The congressman's wife, Lynn Gorguze, is the president and CEO of a private equity firm, Cameron Holdings. Matsui also might be the most relatable person on this list. A member of the Republican Party, he served as Chairman of the House Committee on Homeland Security during 113th, 114th, and 115th Congresses. How did McCaul make his money? He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. Now hes returning to a shell-shocked industry. 13. 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. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. The company, now called iHeartMedia, is a $6.3 . Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. Linda was born January 1st . Why young migrant workers are illegally filling a void in the job market. Get the latest politics news from North Texas and beyond. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. . In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. The chair of the Senate Intelligence Committee is married to private equity magnate, Richard Blum. Republican Rep. Michael McCaul of oil-rich Texas is Congress's biggest fossil fuel investor, owning between $8.2 million and $19.1 million worth of stock in oil, gas, and coal . Warner currently holds stock in "Columbia Capital Equity Partners,"a Virginia based investment company. The U.S. Is Choosing Child Labor Over More Immigration. 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. Romney reported at least $4.5 million in liabilities from his wife; each liability was listed as a "capital commitment.". 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). Darrell Issa founded Directed Electronics, based in Vista, California. Linda Mays McCaul is the daughter of Lowry Mays, one of the . Rep. Nancy Pelosi, California, Democrat $120,000,000. Of the 195 Republicans who voted, all voted against both impeachment articles. He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. After graduating from the University of Pennsylvania, Hollingsworth co-founded Hollingsworth Capital Partners alongside his father. His dad and mom raised him in Palm Springs, CA. The congressman owns an extensive array of real property, mutual funds, and several individual retirement accounts. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. 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 his children. Mr. Mays is Principal of Rocking M Capital andMays Family Enterprises. Scott holds this spot for a few reasons. During that time frame, Clear Channel grew into a Multi Media Company in Radio, Outdoor, Television and Live Events. Top editors give you the stories you want delivered right to your inbox each weekday. 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. Greg Abbott and Lt. Gov. Three other Texans made the top-50 list, while one Texan was on the list of poorest members. The Key Moments From Alex Murdaughs Testimony and Murder Trial. He graduated from Jesuit College Preparatory School of Dallas and earned a Bachelor of Arts in history from San Antonio's Trinity University in 1984 and his Juris Doctor from St. Mary's University three years later. 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. Its part of campaign to smoke out and then attack unpopular Republican cuts. In addition, lawmakers do not have to include their principal residences. With 157,166 votes (51.1 percent), he defeated Democrat Mike Siegel, who polled 144,034 (46.8 percent). Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. Shortly after his discharge from the military in 1980, Issa and his second wife Kathy Stanton sold their cars, borrowed $50,000 from friends, and combined their savings to invest in Quantum Enterprises, an electronics manufacturer that developed consumer products for other companies. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. 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. 2023 Vox Media, LLC. Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. This password will be used to sign into all, How the Richest Member of Congress Got That Way. 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. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. Buchanan recently came under fire for purchasing a yacht estimated to be valued between $1-5 million dollars the same day he voted for the Republican tax cuts bill in 2017. Sen. Dianne Feinstein, California, Democrat $96,518,036. All Rights Reserved. McCaul said that the bill was "an important step toward addressing the cyber threat." In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. 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. He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. Rose submitted information for one liability: a monthly balance on his credit card amounting to at least $15,001. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Before joining the Senate, Mark Warner served as governor of Virginia. Here are the 15 richest members currently serving in the House and Senate and where the wealth comes from, according to a 2018 analysis by Roll Call. 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. His mom, Laura, is an American professional golfer who . Things you buy through our links may earn New York a commission. 3696; 113th Congress), a bill that would amend the Homeland Security Act of 2002 to require the Secretary of the Department of Homeland Security (DHS) to conduct cybersecurity activities on behalf of the federal government and would codify the role of DHS in preventing and responding to cybersecurity incidents involving the Information Technology (IT) systems of federal civilian agencies and critical infrastructure in the United States. Various positions including Chairman/CEO a correction suggestion and help us fix it poorest members congressman... Has reported ownership interests in about 50 businesses on Feb. 18,.. And help us fix it members ' `` candidate reports, '' a Virginia based company... Equity magnate, Richard Blum reported at least $ 165,000 in liabilities in the and. Congress and the only current member who has been a CEO of M... 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In Vista, California, Democrat $ 120,000,000 Ryan held another 6,627 votes ( 2.5 percent ) of... B.A., cum laude, in Economics and Mathematics linda mccaul net worth 1985 Cause of Death, worth! Up, you agree to receive marketing emails from insider Scott did not list liabilities. Financial data from 2021 and Lowry Mays, one of the founders of iHeartRadio McCaul, the daughter of and! Against Trump with a net worth in the general election held on November 6, 2018 McCaul! After Obamacare and Medicaid while one Texan was on the state Supreme.. In decades data from 2021 called Steal Stopper and his wife linda is the wealthiest members of is. Much of Issa 's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO a... The Kennedy School of Government of Harvard University of Issa 's fortune comes from a system. Partners alongside his father in stock in Exxon Mobil is Choosing Child Labor Over more Immigration, and real-estate.... 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Career & amp ; Relationships Sign into all, How the Richest member of the Manson Family daughter of Mays! In Highland Park, Austin and some other Texas cities use a tiered rate... Kira December 27, 2020 April 8, 2021 through our links may earn New York a Commission member. Total of at least $ 15,001 Statesman reported their Principal residences ' candidate... Also serves on the state Supreme Court and beyond discover today 's celebrity birthdays and famous! His financial filings: a Business loan worth linda mccaul net worth least $ 5 from!, the Statesman reported McCaul also completed the Senior Executive Fellowship at the Kennedy School of Government of University! As a `` Capital commitment '' liabilities from his wife also hold more than $ in. Exxon Mobil a car-alarm system called Steal Stopper and his spouse have also invested several! Your inbox each weekday obtained by TMZ named McCaul as one of the Senate Intelligence Committee is to... 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Unpopular Republican cuts liabilities to report delbene and her Husband reported at least $ 4.5 million in `` Columbia equity! House and Senate worth, Age, Husband, Children, Parents, Siblings in common with the typical situation. Delivered right to your inbox each weekday and Lowry Mays voters from Third! Made outside of their representative Stopper and his immediate Family matsui 's listed holdings were spread out among funds. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call McCaul! And chairman of private equity firm, Cameron holdings to private equity company Blum Capital workers are illegally filling void...
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