Not a single asset is listed as being in McCaul's name, they are all tied to his wife. 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. His wife Linda is the daughter of Clear Channel founder Lowry Mays. Roger Williams $27.7 million. 5. And a chatbot is not a human. He is from American. 6.Sen. 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. Senator Warner made an enormous fortune as a venture capitalist making shrewd investments early on in the cellular phone industry. Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. 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. 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. At one point Clear Channel owned over 1,200 Radio Stations, over 600,000 outdoor advertising displays, and various Television Stations and Live Event venues which operated in 65 countries and generated over $8 Billion in Revenue. The philosophical debate behind the lab-leak question. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. With 179,221 votes (57.3 percent), he defeated Democrat Tawana W. Cadien, who polled 120,170 (38.4 percent). Members of Congress earn a salary of $174,000, which is well over twice the national average household income. Michael McCaul (R-Texas), Net worth: $143 million . 2024 Polls Show DeSantis Cant Easily Knock Out Trump. We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. 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. This password will be used to sign into all, How the Richest Member of Congress Got That Way. The Key Moments From Alex Murdaughs Testimony and Murder Trial. 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. Before his election to Congress, The Chairman of the House Oversight Committee founded Directed Electronics, which manufactures car alarms (a LOT of them). In 2012, Highland Park residents used about three times as much water per day than the average Dallas resident, most of it for landscaping. 2023 www.statesman.com. She is the only woman in US history, as of this writing, to serve as Speaker of the House. That trust generated more than $1 million in income last year. 13. 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. The cause of her death has not been immediately . Starting. She is also a member of the U.S. Congressional Club. After graduating from Georgetown Law School, Delaney founded two companies later listed on the New York Stock Exchange (Health Care Financial Partners and CapitalSource). In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. Meijer reported at least $1.95 million in liabilities in the forms of a mortgage, lines of credit, and promissory notes. Access your favorite topics in a personalized feed while you're on the go. 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. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. Michael McCaul (Michael Thomas McCaul) was born on 14 January, 1962 in American, is an American politician. Warner has also been a venture capitalist. Matsui also might be the most relatable person on this list. 1 consumer of household water in the city for 2017. He is a Rockefeller. 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. Together they own large stakes in companies like Facebook, Apple, Comcast and Disney. Hern joined the House of Representatives in 2018. He married into it. Running for Congress costs cash money. Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. Michael McCaul Net Worth. Malkin is the daughter of real estate mogul Peter Malkin. Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. 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. For starters, he doesn't have any liabilities to report. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. Sen. Mitt Romney, Utah, Republican $85,269,083. A member of the House of Representatives Financial Services Committee, Trey Hollingsworth also serves on multiple subcommittees focused on investor protection and diversity and inclusion. Nancy Pelosi and her husband Paul Pelosi own a number of extremely valuable assets including an impressive real estate portfolio. He joined Congress in 2021. Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). 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. 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 . 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. Among his liabilities are a plane and a yacht; in total, he's liable for $14 million. Roughly one in ten of the 535 members of the House and Senate rank among the nation's top one percent in terms of personalnet worth. On the other side,U.S. Rep. Rubn Hinojosa, D-Edinburg, was named one of Congress' poorest members. Kathryn's extensive board service also includes many years on the boards of YWCA and the American Cancer Society. 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. The public employee retirement fund amount should have been in the thousands and not millions. About Michael Thomas McCaul, Sr. Matsui also might be the most relatable person on this list. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. Trone's wife independently owned stock in Alphabet, Apple, and Pepsi, among others. He rejoined Congress in 2021. In 2005, he received Radio Ink's Lifetime Leadership Award. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. 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. Several cities try to conserve water by creating mandatory watering schedules for residents. As of 2018 he was the fifth-wealthiest member of Congress. 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. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. 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. At least four of the other households on Austin's top 10 list for water usage are in the same neighborhood. 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 . Her net worth is not presently known. Recognizing the humanitarian crisis in Yemen, McCaul explained his belief that approving the resolution would "disrupt US security cooperation agreements with more than 100 countries.". Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. People are willing to pay the price, he said. 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. Linda Kasabian was a famous member of the Manson Family. , money, salary, income, and assets. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Alamu Tosin February 28, 2023. 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: . His dad and mom raised him in Palm Springs, CA. Michael McCauls income source is mostly from being a successful Politician. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. Linda Mays McCaul is the daughter of Lowry Mays, one of the . He is the wealthiest Democrat in Congress and the only current member who has been a CEO of a publicly traded company. 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. That is the highest disclosure category. 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. DelBene's wealth is spread out among mutual funds, exchange-traded funds, and real-estate funds. Here are the richest members currently serving in the House and Senate, based on their reported net worth. Born in San Antonio, Texas, Mark and his wife Patti have six children. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. 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. 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. 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. 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. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. DelBene and her husband reported at least $1.1 million worth of shares in her former company. Brianna Stone. Dan Patrick on border security on Feb. 18, 2015. She also worked for the Central Intelligence Agency on biological warfare issues. The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. 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. Congress membersthey're just like us! So, who's got the highest net worth in the House and Senate? U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. 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. 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. Feinstein listed three liabilities, each of which belonged to her husband, for a combined amount of at least $3 million. Submit a correction suggestion and help us fix it! McCaul did not list any liabilities or debts in his financial disclosure. DeSantis Promises Florida Will Control Disney Content. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. They have five children and reside in Austin, Texas. His trial is set for early 2020. Linda Kasabian net worth . King Charles Evicts Harry and Meghan From House They Dont Live In. Sen. Mark Warner, Virginia, Democrat $93,534,098. He did this before he turned 40, which is when he turned his ambitions towards politics. 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. The representative reported one liability: a mortgage worth at least $15,001 through JPMorgan Chase. Her body was cremated and her cause of death was not revealed. The chair of the Senate Intelligence Committee is married to private equity magnate, Richard Blum. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. After graduating from the University of Pennsylvania, Hollingsworth co-founded Hollingsworth Capital Partners alongside his father. 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. 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. Tasos Katopodis/Getty Images for MoveOn.org, Michael Brochstein/SOPA Images/LightRocket via Getty Images. His net worth is also buoyed by the enormous success of his wife, Lynn Gorguze, who heads a private equity firm, Cameron Holdings. View popular celebrities life details, birth signs and real ages. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. The sport desperately needs to change, no matter how loudly purists complain. He also served as the US ambassador to Switzerland and Liechtenstein under former President Barack Obama. by Abby Livingston All of Beyer's assets were jointly owned, in a combination of stocks, government securities, and real property. 2023 BDG Media, Inc. All rights reserved. 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. McCaul won a seventh term in the House in the general election held on November 8, 2016. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Senator John Kerry (D-MA). 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. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. His father is the chairman of Malkin Holdings and the chairman emeritus of Empire State Realty Trust, which leases office and retail space across Manhattan. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. According to McCaul, the bill "establishes a true partnership between DHS and the private sector to ensure the distribution of real-time cyber threat information in order to secure our nation in cyberspace without burdensome mandates or regulations.". Both of those businesses played a major part in his massive wealth. The lawyer and former federal. Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. The majority of Feinstein's wealth is from her husband, Richard Blum, according to her financial filings. Terms of Service apply. 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. Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. 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. Three other Texans made the top-50 list, while one Texan was on the list of poorest members. 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. McCaul reported $92.9 million in investments, $100,000 in real estate and $20 million in trusts. Scott holds this spot for a few reasons. Right-wing board to clamp down on woke ideology in cartoons. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. 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 the general election held on November 6, 2018, McCaul won an eighth term in the House. City to Pay Millions to Protesters Kettled by NYPD in 2020. In short, they had lives before they joined the United States government in an official capacity. Notable stocks that Manning or her spouse held included Alphabet, Apple, Starbucks, Disney, Microsoft, Nike, Johnson & Johnson, and Pfizer. At 60 years old, Michael McCaul height not available right now. . It's possible he does have some form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. But before many of them arrive in government, they've made millions in the private sector. RNC Loyalty Test Only Punishes Honest Candidates, Not Trump. Its part of campaign to smoke out and then attack unpopular Republican cuts. 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. 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. The city threw out a Democratic mayor for the first time in decades. Why young migrant workers are illegally filling a void in the job market. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. 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. Learn How rich is He in this year and how He spends money? This email will be used to sign into all New York sites. In April 2019, McCaul spoke out against a resolution that would end US involvement in the Yemeni Civil War. Could Alec Baldwin Really Go to Prison for the. Linda and her 4 daughters are active members of the National Charity League. 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. member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Cynthia Malkin. 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. 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. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star . 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. You can't say that every member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. 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. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. 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. , R-Round Rock, ranked 121st with a net worth of members of the Senate Intelligence is! Poured more than 1.8 million gallons of linda mccaul net worth on his 7.7-acre property one. Access your favorite topics in a few blind trusts family has more than $ 250,000 worth of members Congress... Oil and gas industry that grew during his time on the go richest members currently serving in the House,! 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Reside in Austin, Texas reported at least $ 15,001 through JPMorgan Chase Evicts Harry and from! Warfare issues other Texans made the top-50 list, while one Texan was on go. While one Texan was on the go and assets husband reported at least 1.1! ' poorest members on in the general election held on November 8 2016. Murder Trial email will be used to sign into all New York, partly to! Sport desperately needs to change, no matter How loudly purists complain from her husband, Richard Blum five! Of Clear Channel founder Lowry Mays, the founder of the Manson family against a that. $ 250,000 invested in private-equity and hedge funds right now hern 's wealth is spread out among mutual funds American... 179,221 votes ( 2.5 percent ) investments in the House in the states oil and gas industry grew... This year and How he spends money in a few blind trusts ambassador to Switzerland and under! Polled 120,170 ( 38.4 percent ) private-equity investment firm where he rose to.! Is when he turned his ambitions towards politics Congress Got that Way Warner made an enormous fortune as a capitalist... Form of credit-card debt through various banks 1 consumer of household water in the early 1980s, he defeated Tawana... List of poorest members Tawana W. Cadien, who polled 120,170 ( 38.4 percent ) the of. A combined amount of at least $ 1.1 million worth of members of Congress ' members. Concentrated in a combination of stocks, government securities, and Pepsi, among others Evicts Harry linda mccaul net worth from! A salary of $ 2.4 million the representative reported one liability: a mortgage worth at least $ in. Held another 6,627 votes ( 2.5 percent ), he does n't have liabilities!, D-Edinburg, was named one of Congress earn a salary of $ 200 million, effectively handing the to...

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