Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. Members of Congress earn a salary of $174,000, which is well over twice the national average household income. Republican Rep. Michael McCaul of Texas made his way to being the number two wealthiest member of Congress through his wife, Linda McCaul, who is the daughter of radio and communications giant Lowry Mays. 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. Scott holds this spot for a few reasons. Obernolte did not report any liabilities or debts. 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. 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: . 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. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. Linda Mays McCaul is the daughter of Lowry Mays, one of the . Senator John Kerry (D-MA). As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. in the general election held on November 6, 2018, McCaul won an eighth term in the House. During that time frame, Clear Channel grew into a Multi Media Company in Radio, Outdoor, Television and Live Events. Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. 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. Linda Kasabian obituary . 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. U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015, according to a new list released by Roll Call. Were beginning to see a patternhere. 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. Warner has also been a venture capitalist. #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. Biden Dares Republicans to Go After Obamacare and Medicaid. She is a journalism graduate of The University of Texas at Austin and has previously interned for USA TODAY College, The Austin American-Statesman and The Daily Dot. Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Insider removed him from the list when Mrvan acknowledged filing an incorrect personal financial disclosure that erroneously inflated the value of a retirement account by tens of millions of dollars. Net worth: $200 million. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. So, who's got the highest net worth in the House and Senate? Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). Scott did not list any liabilities or debts in his filings. . Linda is on the Board of Visitors at M.D. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. The trusts contain a combination of mutual funds, stocks, and electronic funds. How did McCaul make his money? 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 15 wealthiest members of Congress are worth a combined $1.3 billion. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. . [22] In 2004, the same publication estimated his net worth at $12 million. Submit a correction suggestion and help us fix it! With a net worth of $19.5 billion, as well as being the richest politician in America he . Matsui also might be the most relatable person on this list. The Virginia Democrat made his millions as the co-founder of Nextel. 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. Congressman Jon Delaney is a self-made financier who founded HealthCare Financial Partners in 1993 and later CapitalSource of Chevy Chase, Md. At least four of the other households on Austin's top 10 list for water usage are in the same neighborhood. Access your favorite topics in a personalized feed while you're on the go. . 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. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. They've been someone or done something that caught the eye of their party's leaders. Rep. Peters' and his wife Lynn's wealth is the result of venture capital investing. Linda and her 4 daughters are active members of the National Charity League. Most of his fortune comes from his wife, Linda McCaul. *Sorry, there was a problem signing you up. Rep. Trey Hollingsworth, Indiana, Republican $74,629,062. She also received a transfer of assets from her father, Mark Warner, who is the chairman of the House Homeland Security Committee. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. Elected in 2004 to represent Texas' 10th district, Michael McCaul is wrapping up his ninth term . Upton also reported having at least $1 million in Pepsi stock. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. A large portion of Dianne Feinstein's wealth comes from her husband. 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. Her body was cremated and her cause of death was not revealed. Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. , money, salary, income, and assets. 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. 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. Before joining the Senate, Mark Warner served as governor of Virginia. Kara Swisher talks with the Council on Foreign Relations president about Bidens spy-balloon-size missed opportunity. Dallas residents are allowed to watertheir lawns twice per week, with the day depending on the digits of their address. 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. Rep. Suzan DelBene of Washington and her husband have both held high-level positions at Microsoft, one of the largest corporations in the world. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. Phillips has an ownership stake in several businesses, various stock holdings, mutual funds, government securities, various life insurance policies, and hedge funds. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. That is the highest disclosure category. Much of his wealth comes from the trust of his wife Cynthia, daughter of New York real estate tycoon Peter Malkin. In 2005, he received Radio Ink's Lifetime Leadership Award. Each member of Congress' wealth was calculated by subtracting the sum of their minimum reported liabilities from the sum of their minimum asset values. 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. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. The sport desperately needs to change, no matter how loudly purists complain. Its part of campaign to smoke out and then attack unpopular Republican cuts. This email will be used to sign into all New York sites. Arthur Hayes rubbed success in the Feds face and got busted. On the other side,U.S. Rep. Rubn Hinojosa, D-Edinburg, was named one of Congress' poorest members. he 15 wealthiest members of Congress are worth a combined $1.3 billion. By clicking Sign up, you agree to receive marketing emails from Insider print date('Y'); ?> Mays Family Foundation. DelBene's wealth is spread out among mutual funds, exchange-traded funds, and real-estate funds. Republican Rep. Vern Buchanan of Florida is a highly successful auto-dealer across the southeastern United States. 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. 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.". The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. Issa's net worth takes a hit from his margin account, which holds him liable for more than $50 million. 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. 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. The city threw out a Democratic mayor for the first time in decades. These men and women have been active in their respective careers and communities. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. 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. 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. You\'ll receive the next newsletter in your inbox. He also owns at least $500,000 of stock in Austin-based Whole Foods and three rental properties near the state capital.. You may be more familiar with Mitt Romney from his 2012 presidential campaign, where he ultimately lost to Barack Obama. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. NEGAUNEE TOWNSHIP, MI - Linda L. Lahti, 69, of Negaunee Township, passed away peacefully early Sunday morning, February 26th, 2023, at UP Health System - Marquette. About Michael Thomas McCaul, Sr. As of 2018 he was the fifth-wealthiest member of Congress. Access your favorite topics in a personalized feed while you're on the go. Also listed on his report was the Linda McCaul Descendant Trusts valued at over $50 million as well as two other trusts, owned by his dependent children, ranging in value from $1 million to $5 million and $25 million to $50 million respectively. She worked for the Office of Naval Intelligence and tracked Soviet submarines all over the world. The Washington Democrat and her husband both worked as executives at Microsoft. 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. Top editors give you the stories you want delivered right to your inbox each weekday. Senator John Kerry. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. The House Minority leader's husband, Paul Pelosi, owns and operatesFinancial Leasing Services Inc., a San Francisco-based real estate and venture capital investment firm. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. 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. 6.Sen. and Texas A&M University (M.S.). 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. Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. Its our 10th year participating in Amplify, and to celebrate, weve got $15,000 in matching funds from four generous Tribune supporters. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. Michael McCaul's net worth Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. McCaul is thought to be the second-richest person in Congress, though none of the assets or holdings reported in his 65-page financial disclosure were his alone, belonging to his wife or dependent children. 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 . Rep. Michael McCaul, R-Texas. 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. 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. We recommend you to check the complete list of Famous People born on 14 January. Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. In 2009, he received the Ward Quaal Pioneer Award, Broadcasters Foundation of America. 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. In 2004, he was inducted into the Radio Hall of Fame and received the Lifetime Achievement Award, National Association of Broadcasters. It's possible he does have. Scott, who assumed office in 2019, cemented his No. Mark Warner (D-Va . Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. 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. 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. 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. Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. It's common for wealthy areas in Texas to use the most water. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. DelBene's office denied that the congresswoman violated the law, citing an email from the Committee on House Ethics. So, how much is Michael McCaul worth at the age of 60 years old? King Charles Evicts Harry and Meghan From House They Dont Live In. His district stretches from Austin to Houston. Sen. Mitt Romney, Utah, Republican $85,269,083. Cynthia Malkin. Blumenthal's only liability listed in his financial filings was a 30-year mortgage on his home that his wife took out in 2011. Republicans are making their 2024 candidates promise to support eventual nominee. 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). He ran for the U.S. House of Representatives in 2004 and won a crowded Republican primary in the newly-created 10th District. A newcomer to Congress in 2021, nearly all of Jacobs' wealth is stored in a trust that was created in 2009. Several cities try to conserve water by creating mandatory watering schedules for residents. And a linguist named Emily M. Bender is very worried what will happen when we forget this. Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. 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. 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. Members of Congress earn a salary of $174,000. 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. 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. 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