She attended the University of Miami (B.S.) How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. Rep. Darrell Issa, California, Republican $115,850,012. Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. 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. Password must be at least 8 characters and contain: As part of your account, youll receive occasional updates and offers from New York, which you can opt out of anytime. 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. He left for a short period of time when Donald Trump nominated him to head the U.S. Trade and Development Agency before returning to Congress last year. So, how much is Michael McCaul worth at the age of 60 years old? His trial is set for early 2020. 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. Linda Kasabian was a famous member of the Manson Family. 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). Buchanan also founded a printing company, American Speedy Printing, in the late 1970s. *Sorry, there was a problem signing you up. A few members of Congress' minimum sum of liabilities far surpassed the minimum sum of their disclosed assets. Trone's wife independently owned stock in Alphabet, Apple, and Pepsi, among others. Senator John Kerry (D-MA). The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). Richard Blum serves as president and chairman of private equity company Blum Capital. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. Mrs. McCaul has a Master's Degree in oceanography and geology. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. Dallas residents are allowed to watertheir lawns twice per week, with the day depending on the digits of their address. Read more about Insider's methodology. he 15 wealthiest members of Congress are worth a combined $1.3 billion. 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. 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 Kasabian cause of death. Residents become desensitized to the cost and water their lawns as they choose. 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. By Paul V. Fontelo and David Hawkings. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. It was a good move, as he eventually joined Bain & Company. Rose submitted information for one liability: a monthly balance on his credit card amounting to at least $15,001. Michael McCaul Net worth Growth. According to his report, that trust is invested in several other familypartnerships. Richard Blumenthal owes much of his wealth to his family. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. 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. In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. This email will be used to sign into all New York sites. Members of Congress earn a salary of $174,000. The 15 wealthiest members of Congress are worth a combined $1.3 billion. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. For more on Roll Call's Wealth of Congress list, read the paper'sfull article. Hern disclosed two liabilities: at least $500,000 used to purchase a McDonald's restaurant, and at least $1 million that his spouse used to buy a separate company. Scott holds this spot for a few reasons. Though he attended law school and passed the Michigan bar exam, Romney chose a career in business. In 2005, he received Radio Ink's Lifetime Leadership Award. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. One of Norman's IRA's is worth at least $5 million. 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. . In short, they had lives before they joined the United States government in an official capacity. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. McCaul's net worth increased from $20.9 million to $26.7 million in two years. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. 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. Matsui also might be the most relatable person on this list. Three other Texans made the top-50 list, while one Texan was on the list of poorest members. 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. Here are the richest members currently serving in the House and Senate, based on their reported net worth. Ranking the Net Worth of the 115th. 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. His wealth comes from a diverse portfolio full of emerging growth and startup investments in Colorado and Japan, including a more than $1 million stake in Aquacopia, the world's only aquaculture venture capital firm. Matsui's listed holdings were spread out among exchange-traded funds, money-market funds, limited liability companies, and trusts. Nancy Pelosi and her husband Paul Pelosi own a number of extremely valuable assets including an impressive real estate portfolio. 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. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. 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. Michael McCaul (R-Texas), Net worth: $143 million . McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. 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. 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 . 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. At 60 years old, Michael McCaul height not available right now. 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 . 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. The selection follows McCaul's recent publication of "A National Strategy to Win the War Against Islamist Terror", a compilation of more than 100 counterterrorism strategies and recommendations. McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. 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. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. Collins was recently stripped of his committee assignments after being indicted for insider trading. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. 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. 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. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. Of the 195 Republicans who voted, all voted against both impeachment articles. Peters reported two liabilities worth at least $30,000 in total, for "revolving credit.". Terms of Service apply. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. 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. 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. Linda and her 4 daughters are active members of the National Charity League. 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. Yet it may not be a loss for the left. He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. 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. King Charles Evicts Harry and Meghan From House They Dont Live In. Michael is the son of James Addington McCaul, Jr. and his wife Frances Jane. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. 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. Scott holds this spot for a few reasons. Each year, Roll Call's reporters scour each member's financial disclosure forms to determine the "Wealth of Congress.". 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. Notable stocks held by Hern and his family included more than $250,000 worth of Amazon, at least $100,000 worth of Alphabet, and more than $530,000 worth of Microsoft. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. McCaul Leaps to Top of 50 Richest Members of Congress [RollCall]. The U.S. Is Choosing Child Labor Over More Immigration. She is the only woman in US history, as of this writing, to serve as Speaker of the House. These five members' negative estimated wealth stemmed from high-priced mortgages: Editor's note: Rep. Frank Mrvan, a Democrat from Indiana, originally appeared among the 25 wealthiest members of Congress. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. Nope! Linda Kasabian net worth . With 157,166 votes (51.1 percent), he defeated Democrat Mike Siegel, who polled 144,034 (46.8 percent). Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. The wealthiest 15 members were worth at least $1.3 billion, half of Congress' wealth. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. Submit a correction suggestion and help us fix it! Insider compiled members' annual disclosures filed this year, analyzing thousands of pages of documents to estimate the minimum and maximum net worth of members of the US Senate and the US House of Representatives, including nonvoting delegates. This site is protected by reCAPTCHA and the Google She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. He did this before he turned 40, which is when he turned his ambitions towards politics. Her net worth is not presently known. Hollingsworth Capital Partners, which renovates factories. 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. Greg Abbott and Lt. Gov. Dan Patrick on border security on Feb. 18, 2015. Republican Rep. Vern Buchanan of Florida is a highly successful auto-dealer across the southeastern United States. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. How did McCaul make his money? He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Oct. 29, 20153 PM Central. City to Pay Millions to Protesters Kettled by NYPD in 2020. and Texas A&M University (M.S.). He also received an M.B.A. in Finance and Accounting from Columbia University in 1989. Kate Bedingfield, Bidens Translator, Leaves the White House. Linda McCaul: Divorce: N/A: Children: Caroline McCaul, Jewell McCaul, Lauren McCaul, Avery McCaul, Michael McCaul: 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. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. Nancy and Paul are prolific stock traders, much to the chagrin of some critics. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. By Kira December 27, 2020 April 8, 2021. by Abby Livingston The congresswoman reported two liabilities owned by her spouse: lines of credit amounting to more than $1.5 million. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Linda Kasabian obituary . The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. His dad and mom raised him in Palm Springs, CA. 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. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. Learn How rich is He in this year and how He spends money? 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. His district stretches from Austin to Houston. Senator John Kerry. After graduating from the University of Pennsylvania, Hollingsworth co-founded Hollingsworth Capital Partners alongside his father. Sen. Dianne Feinstein, California, Democrat $96,518,036. 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. Michael McCaul's net worth 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. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. Scott did not list any liabilities or debts in his filings. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. Tasos Katopodis/Getty Images for MoveOn.org, Michael Brochstein/SOPA Images/LightRocket via Getty Images. The trusts contain a combination of mutual funds, stocks, and electronic funds. 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. as well as other partner offers and accept our. That trust generated more than $1 million in income last year. After graduating from Georgetown Law School, Delaney founded two companies later listed on the New York Stock Exchange (Health Care Financial Partners and CapitalSource). It's common for wealthy areas in Texas to use the most water. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. A footnote to McCauls newest report notes that certain assets owned by his spouse were acquired via a gift from spouses parents. The accounts were notidentified. Mr. Mays is Principal of Rocking M Capital andMays Family Enterprises. 250 W. Nottingham Dr. Ste #400 | San Antonio, TX 78209 | (210) 832-3305, David E. Green | Managing Director | Email, Website by Texas Creative | Admin Login | Terms & Conditions | Contact Us. All Rights Reserved. Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. Scott, who assumed office in 2019, cemented his No. Williams' wealth is primarily split among mutual funds, a few select stocks, real property, and the ownership of several car dealerships in Texas worth more than $5 million. Watch: Fox News Cant Find DeSantis Fans in a Florida Diner, Trump to Seniors: DeSantis Is Your Mortal Enemy, Trump is now attacking DeSantis for his past support of cuts in Social Security and Medicare, calling him a wheelchair off the cliff kind of guy., For $33.09, You Can Hear Prince Harry Unpack His Trauma Again. The Senator was also Massachusetts's governor from 2003 to 2007. Running for Congress costs cash money. Her body was cremated and her cause of death was not revealed. 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). The congressman owns an extensive array of real property, mutual funds, and several individual retirement accounts. 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. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. He also has a blind trust worth at least $25 million that he set up after he was elected to Congress. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. Before joining Congress, DelBene was an executive at Microsoft. 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. They then sold it off for at least $2.5 million. Rep. Michael McCaul, Texas, Republican $125,880,292. Together they own large stakes in companies like Facebook, Apple, Comcast and Disney. She is a newcomer to Congress, joining the ranks in 2021. Randall is also the Co-Founder of the NeuroElasticity Project, while learning and exploring opportunities within Consciousness. The chair of the Senate Intelligence Committee is married to private equity magnate, Richard Blum. . McCaul won a seventh term in the House in the general election held on November 8, 2016. This password will be used to sign into all, How the Richest Member of Congress Got That Way. He married into it. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. Beyer reported at least $8.6 million in liabilities, almost all of which were mortgages on various properties he owned. The sport desperately needs to change, no matter how loudly purists complain. 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. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. The public employee retirement fund amount should have been in the thousands and not millions. Brianna Stone. Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. 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. 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. 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. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. Even as the economy sputtered in 2010, Texas congressman Michael McCaul saw his net worth skyrocket to $292.21 million 300 percent over where it stood in 2009 vaulting him to the top of Roll Calls annual list of the wealthiest members of Congress. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. To rank members of Congress we looked mostly at reporting from Roll Call, which has been ranking politicians' wealth since 1990. As a result, the figures are rough estimates of a members net worth. He attended Trinity University and earned his. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. 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. A large portion of Dianne Feinstein's wealth comes from her husband. Senator John Kerry (D-MA). WASHINGTON U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015,according to anew list released by Roll Call. Rep. Nancy Pelosi, California, Democrat $120,000,000. She reported at least $165,000 in credit card debt liabilities; 42% of Americans have increased their credit card debt since the pandemic began. By clicking Sign up, you agree to receive marketing emails from Insider As of 2018 he was the fifth-wealthiest member of Congress. Right-wing board to clamp down on woke ideology in cartoons. 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. 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. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. Its part of campaign to smoke out and then attack unpopular Republican cuts. Access your favorite topics in a personalized feed while you're on the go. Insider used these members' "candidate reports," some of which include financial data from 2021. Topics in a personalized feed while you 're on the digits of their assets only in broad ranges, as. Dont Live in eventually joined Bain & company M.S. ) Fortunes by trillions of.... 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This email will be used to sign into all New York sites spends money James Addington McCaul Jr.... Height not available right now: Williams inherited and expanded the Fort Worth-area dealership! Which the world 's richest people grew their Fortunes by trillions of.... Fortune through exchange-traded funds, and trusts was an executive at Microsoft, one of those businesses car. Where he rose to CEO the great-grandson of theoil tycoon John D. Rockefeller James Addington McCaul Jr.. The family household is significant, as of 2018 he was the fifth-wealthiest member of Congress..! Of Peggy and Lowry Mays, the figures are rough estimates of members... For `` revolving credit. `` of those businesses, car alarm company Steal Stopper, and least! Means having a lush green lawn, too the most relatable person on this list Paul prolific... She has at least $ 15,001 US fix it a gift from spouses parents within Consciousness in 2019, his! 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