Most of his fortune comes from his. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. The company had revenue of $928 million in Q3 of 2021, an increase of 25% YoY. It's possible he does have. 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. McCaul's net worth increased from $20.9 million to $26.7 million in two years. Senator John Kerry (D-MA). Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. According to his report, that trust is invested in several other familypartnerships. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. Nope! Designed for transparency, the disclosures provide insight into each member of Congress' wealth and assets and occasionally reveal potential conflicts of interest and violations of federal law. She is a newcomer to Congress, joining the ranks in 2021. Net Worth in 2022: $300 Million: Net Worth in 2021: $275 Million: Net Worth in 2020: $250 Million: Net Worth in 2019: $225 Million: Net Worth in 2018: . He married into it. In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. Since then, the state has allowed some residential water users to opt for confidentiality. DeSantis Promises Florida Will Control Disney Content. McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. Trone is a relatively new member of Congress he assumed office in 2019. 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. 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. The representative reported one liability: a mortgage worth at least $15,001 through JPMorgan Chase. This password will be used to sign into all, How the Richest Member of Congress Got That Way. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. 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. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. McCaul said that the bill was "an important step toward addressing the cyber threat." Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. McCaul Leaps to Top of 50 Richest Members of Congress [RollCall]. 13. Her net worth is not presently known. She attended the University of Miami (B.S.) It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. Collins was recently stripped of his committee assignments after being indicted for insider trading. The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. He is the wealthiest Democrat in Congress and the only current member who has been a CEO of a publicly traded company. The lion's share of McCaul's 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. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Scott holds relatively few individual stocks. 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. 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. Pelosi's husband had holdings in corporations such as Slack, Tesla, Disney, Visa, Salesforce, PayPal, Alphabet, Facebook, and Netflix companies that together spend tens of millions of dollars each year lobbying the federal government. Born in San Antonio, Texas, Mark and his wife Patti have six children. Three other Texans made the top-50 list, while one Texan was on the list of poorest members. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium. Meanwhile, his wife, Cynthia Malkin, has made millions of dollars from stocks, real estate, properties, and hedge funds. 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. 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. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. 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. 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. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. 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. 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. Jay is an heir to oil tycoon John D. Rockefeller. as well as other partner offers and accept our, Alex Wong/Getty Images; Kevin Dietsch/Getty Images; Bill Clark/CQ Roll Call; Hannah McKay-Pool/Getty Images; Rebecca Zisser/Insider, Chance Yeh/Getty Images for Power 100 Lunch, Bill Clark/CQ-Roll Call, Inc via Getty Images), Bill Clark/CQ-Roll Call, Inc via Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Michael Brochstein/SOPA Images/LightRocket via Getty Images, Kent Nishimura / Los Angeles Times via Getty Images, Anna Moneymaker/The New York Times via AP, Pool, placed his assets in a qualified blind trust, acknowledged filing an incorrect personal financial disclosure. But these politicians' net worths have little in common with the typical financial situation of American families. Malkin is the daughter of real estate mogul Peter Malkin. 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 . Rep. Doris Matsui, California, Democrat $73,872,062. Upton's fortune mainly derives from an appliance company that his grandfather founded, Whirlpool, which the congressman reported holding at least $1 million of stock in. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. Each member of Congress' wealth was calculated by subtracting the sum of their minimum reported liabilities from the sum of their minimum asset values. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. They then sold it off for at least $2.5 million. Residents become desensitized to the cost and water their lawns as they choose. Rep. Roger Williams (R-Texas). Brianna Stone. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. 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. In December 2016, the House Republican Conference voted to appoint McCaul for a third term as the chairman of the House Committee on Homeland Security Committee. Michael McCaul's net worth Get the latest politics news from North Texas and beyond. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). 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. The company, now called iHeartMedia, is a $6.3 . He also worked as a venture capitalist, investing in several technology and healthcare companies. The U.S. Is Choosing Child Labor Over More Immigration. Armie Hammer Biography- Wife, Batman & Net Worth. Obernolte did not report any liabilities or debts. Trump made the same pledge in 2016, then said he wouldnt honor it. Linda Kasabian cause of death. Mrs. Johnson currently serves on the Advisory Board of the SMU School of Journalism,the Board of Trustees of the United Way and the Board of Governors of CTRC. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. 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. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. 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. . But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. Sen. Mark Warner, Virginia, Democrat $93,534,098. Now hes returning to a shell-shocked industry. 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. People are willing to pay the price, he said. 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. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. This site is protected by reCAPTCHA and the Google McCaul worked as an attorney and a federal prosecutor before entering politics. Rep. Michael McCaul, Texas, Republican $125,880,292. 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 . The only liability Blumenthal reported was the 30-year mortgage his wife took out on their home in 2011. 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. *Sorry, there was a problem signing you up. RNC Loyalty Test Only Punishes Honest Candidates, Not Trump. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. In 2021, Hern violated the STOCK Act by failing to properly disclose stock trades worth at least $1.06 million and as much as $2.7 million. Submit a correction suggestion and help us fix it! Michael McCaul Net Worth. Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. She also worked for the Central Intelligence Agency on biological warfare issues. Republicans are making their 2024 candidates promise to support eventual nominee. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. Could Alec Baldwin Really Go to Prison for the. Upton also reported having at least $1 million in Pepsi stock. 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. Michael McCaul also doesn't have any liabilities or debts in his financial disclosure, but a large portion of his wealth comes from his wife. He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. Here's a look at what it found for the Texans on the richest and poorest lists. 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. Mark Warner (D-Va . In 2004, the same publication estimated his net worth at just $12 million: His wealth increase was due to large monetary transfers from his wife's family. For starters, he doesn't have any liabilities to report. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. We have estimated 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. DelBene's office denied that the congresswoman violated the law, citing an email from the Committee on House Ethics.

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