Nancy and Paul are prolific stock traders, much to the chagrin of some critics. She is married to Congressman Michael McCaul, who is serving his 6th term in the U.S. Congress and is Chairman of the Homeland Security Committee. Her body was cremated and her cause of death was not revealed. Starting. . You can't say that every member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. The Key Moments From Alex Murdaughs Testimony and Murder Trial. Malkin is the daughter of real estate mogul Peter Malkin. The former environmental attorney from San Diego made millions as an environmental attorney in the 1990s, representing government agencies and businesses in regulatory disputes, as well as from shrewd investments. The city will see multiple inches of something apparently called snow., Richard Haass on Americas Relationship Problems With China. Sen. Mitt Romney, Utah, Republican $85,269,083. Scott holds relatively few individual stocks. 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. His wife Linda is the daughter of Clear Channel founder Lowry Mays. Warner has also been a venture capitalist. You\'ll receive the next newsletter in your inbox. He also started Directed Electronics, a company that creates theft deterrents, and is CEO of Greene Properties, a real estate investment company with holdings throughout San Diego North County. Michael McCaul (R-Texas), Net worth: $143 million . About Michael Thomas McCaul, Sr. McCaul won a seventh term in the House in the general election held on November 8, 2016. Linda Mays McCaul Member at Large Mrs. McCaul has a Master's Degree in oceanography and geology. In 2005, he received Radio Ink's Lifetime Leadership Award. 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. Top editors give you the stories you want delivered right to your inbox each weekday. 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 . Net worth: $200 million. He currently serves on the Mays Business School Dean's Advisory Board. , money, salary, income, and assets. Meijer reported at least $1.95 million in liabilities in the forms of a mortgage, lines of credit, and promissory notes. The company had revenue of $928 million in Q3 of 2021, an increase of 25% YoY. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star . The congressman reported $4 million in liabilities in the forms of lines of credit, mortgages, notes payable, and a loan. You may be more familiar with Mitt Romney from his 2012 presidential campaign, where he ultimately lost to Barack Obama. 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. 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. 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. According to his report, that trust is invested in several other familypartnerships. as well as other partner offers and accept our. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. 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. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). Insider's analysis does not include four members of Congress whose disclosures were uniquely complicated and lengthy, comprising hundreds of pages of handwritten or scanned documents: Reps. Ro Khanna of California, Vicente Gonzalez of Texas, Kurt Schrader of Oregon, and Harold Rogers of Kentucky. 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. In 2004, he was inducted into the Radio Hall of Fame and received the Lifetime Achievement Award, National Association of Broadcasters. She is the only woman in US history, as of this writing, to serve as Speaker of the House. Both of those businesses played a major part in his massive wealth. Rarely does anunknown yokel rise from anonymity to become a member of Congress. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. A newcomer to Congress in 2021, nearly all of Jacobs' wealth is stored in a trust that was created in 2009. Peters reported two liabilities worth at least $30,000 in total, for "revolving credit.". 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. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. Filers for the 2020 fiscal year were allotted an extra three months to submit their disclosures because of the pandemic. Feinstein listed three liabilities, each of which belonged to her husband, for a combined amount of at least $3 million. And much of Romney's fortune is in Goldman Sachs mutual funds. Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. 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 worked as an attorney and a federal prosecutor before entering politics. This site is protected by reCAPTCHA and the Google She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Michael McCaul (Michael Thomas McCaul) was born on 14 January, 1962 in American, is an American politician. Vern Buchanan has reported ownership interests in about 50 businesses. These men and women have been active in their respective careers and communities. he 15 wealthiest members of Congress are worth a combined $1.3 billion. in the general election held on November 6, 2018, McCaul won an eighth term in the House. The Senator was also Massachusetts's governor from 2003 to 2007. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. 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. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. But before many of them arrive in government, they've made millions in the private sector. Linda Kasabian obituary . Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. Each year, Roll Call's reporters scour each member's financial disclosure forms to determine the "Wealth of Congress.". Congress membersthey're just like us! And a chatbot is not a human. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. All of Beyer's assets were jointly owned, in a combination of stocks, government securities, and real property. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. He did this before he turned 40, which is when he turned his ambitions towards politics. All rights reserved. (Courtesy McCaul's office) McCaul's triplets. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. Here are the richest members currently serving in the House and Senate, based on their reported net worth. Senator John Kerry. Matsui's listed holdings were spread out among exchange-traded funds, money-market funds, limited liability companies, and trusts. Other Central Texas lawmakers were ranked well below McCaul, Williams and Doggett: U.S. Rep. Lamar Smith, R-San Antonio, ranked 96th with $3 million net worth. So, how much is Michael McCaul worth at the age of 60 years old? Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. 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. Right-wing board to clamp down on woke ideology in cartoons. Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. He also has real estate holdings. Now the . Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. 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. 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 Leaps to Top of 50 Richest Members of Congress [RollCall]. Those bonds could be worth hundreds of millions of dollars EACH for all we know. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. 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. Also learn how He earned most of networth at the age of 58 years old? He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. DeSantis Promises Florida Will Control Disney Content. member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. Michael McCaul Net Worth. In 1994, Kathryn was named Volunteer of the Year by the Cystic Fibrosis Foundation, in 2013 was the "Mother of the Year" honoree of Avance, and in 2014 was given the Lifetime Achievement Award from San Antonio Can. 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. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. Trone is a relatively new member of Congress he assumed office in 2019. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. 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. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. 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. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. Members disclose the value of their assets in broad ranges. Williams, a former Texas secretary of state, made his fortune from a Weatherford car dealership inherited from his father. In short, they had lives before they joined the United States government in an official capacity. Three newer members of Congress Reps. Doggetts wealth struck Roll Call as unusual given that hes been a public servant most of his career, serving in the Legislature and on the Texas Supreme Court before being elected to Congress in 1994. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. His net worth has been growing significantly in 2021-2022. 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. 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. 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. The public employee retirement fund amount should have been in the thousands and not millions. City to Pay Millions to Protesters Kettled by NYPD in 2020. How he got there:Roll Call writes that "amassive arbitration award exceeding $1 million against Hinojosa from a failed food business along with tens of thousands of dollars of unpaid tax bills for that business" put Hinojosa as the sixth-poorest member. That trust generated more than $1 million in income last year. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. Rep. Chris Collins of New York, the first elected Republican to endorse Donald Trump's 2016 presidential bid, owns stake in various companies ranging from manufacturing to biotechnology. Insider used these members' "candidate reports," some of which include financial data from 2021. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. 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. We recommend you to check the complete list of Famous People born on 14 January. Rep. Roger Williams (R-Texas). Romney also reported $4.5 million in "capital commitment" liabilities from his wife. There are many elected officials with large fortunes independent of the salaries they earn while serving in Congress. 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. 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. Beyer reported at least $8.6 million in liabilities, almost all of which were mortgages on various properties he owned. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. Born in San Antonio, Texas, Mark and his wife Patti have six children. Roger Williams $27.7 million. It has something to do with the miracle of having a very rich wife: The lions share of McCauls 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 to be the product of generational wealthtransfer. 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. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). 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. 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 . U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. Republican Michael McCaul is one of only a handful of legislators on Capitol Hill with an estimated net worth of over $100 million. Congressman Michael McCaul visits the Texas Capitol for meetings with Gov. 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. 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. Other notable stocks owned by Jacobs includes more than $100,000 invested in stocks of Apple, Microsoft, and Mastercard. 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