Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. 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. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. Top editors give you the stories you want delivered right to your inbox each weekday. Linda and her 4 daughters are active members of the National Charity League. AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. In addition, she is married to Blum Capital president and chairman Richard Blum. 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. Rest assured, the point of this list is not to chastise anyone for their wealth, but rather to remindeveryone that the people writing our laws the ones passing budgets (or not passing them), deciding whether to extend unemployment benefits, debating raising the minimum wage, and overhauling the tax code are enjoying a very selective experience in our economy. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Submit a correction suggestion and help us fix it! Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. 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. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. Trump made the same pledge in 2016, then said he wouldnt honor it. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. 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 Key Moments From Alex Murdaughs Testimony and Murder Trial. You\'ll receive the next newsletter in your inbox. There are many elected officials with large fortunes independent of the salaries they earn while serving in Congress. Tom Williams/CQ Roll Call. 2023 Celebrity Net Worth / All Rights Reserved. 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. 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. 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. His dad and mom raised him in Palm Springs, CA. Warner has also been a venture capitalist. Senator Blumenthal's net worth dropped by more than $20 million over the past year. 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. 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. Kate Bedingfield, Bidens Translator, Leaves the White House. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. As a result, the figures are rough estimates of a members net worth. Rep. Nancy Pelosi, California, Democrat $120,000,000. Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. He attended Trinity University and earned his. Taking a closer look, the median net worth for the House was $896,000 (Democrats averaged 929,000 and Republicans 884,000), while the average Senator is sitting on roughly $2.5 million (Republicans averaged $2.9 million and Democrats $1.7 million). 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. Manning also reported an ownership interest in Stonefield Cellars Winery in North Carolina. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. 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. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Most of his fortune comes from his. Senator John Kerry (D-MA). It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. 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. Sen. Mitt Romney, Utah, Republican $85,269,083. They have five children and reside in Austin, Texas. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. The 2020 financial disclosures are the most up-to-date financial documentation from Congress disclosures from 2021 are not required to be filed until mid-May. McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. 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 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. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: 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. At least four of the other households on Austin's top 10 list for water usage are in the same neighborhood. and Texas A&M University (M.S.). Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. 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. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Warner's wealth is divvied up among mutual funds, private-equity funds, and hedge funds. 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. 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. 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. McCaul also completed the Senior Executive Fellowship at the Kennedy School of Government of Harvard University. 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. McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. She is also a member of the U.S. Congressional Club. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. 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 are a few vacancies) and the richest among Texas lawmakers. Yet it may not be a loss for the left. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. McCaul likewise added two trusts under the ownership of his dependent children, including one trust valued at $25 million to $50 million and another at $1 million to $5million. You must have JavaScript enabled to use this form. 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. 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. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. Mura Holdings. Congress membersthey're just like us! 2023 Vox Media, LLC. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. 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. Michael McCauls income source is mostly from being a successful Politician. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. Scott did not list any liabilities or debts in his filings. People are willing to pay the price, he said. His most successful include a series of car dealerships and American Speedy Printing, a printing company that expanded to more than 730 stores across 44 states. Sen. Dianne Feinstein, California, Democrat $96,518,036. He married into it. Richard Blumenthal owes much of his wealth to his family. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. After graduating from the University of Pennsylvania, Hollingsworth co-founded Hollingsworth Capital Partners alongside his father. Williams recently violated the STOCK Act by failing to properly file three stock transactions by his wife. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. 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. Starting. He did this before he turned 40, which is when he turned his ambitions towards politics. Scott holds this spot for a few reasons. It was a good move, as he eventually joined Bain & Company. Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. That trust generated more than $1 million in income last year. Due to this influx of spousal wealth, McCaul unseated last years richest member of Congress, John Kerry the John Kerry married to Teresa Heinz Kerry of the ketchup fortune. Ranking the Net Worth of the 115th. 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. 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. 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