Darrell Issa Remains Richest Member of Congress

Image: Darrell Issa Remains Richest Member of Congress Rep. Darrell Issa, R-Calif. (Andrew H. Walker/Getty Images)

Friday, 29 Aug 2014 10:04 AM

By Jennifer G. Hickey

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Although Rep. Darrell Issa saw his net worth decline $38 million from 2012, he likely remains the richest member of Congress, according to an analysis conducted by The Hill.

The California Republican had at least $392 million in financial assets at the end of 2013, according to their analysis of his latest financial disclosure forms. Issa's Republican colleague, Michael McCaul of Texas, was the second richest with more than $118 million in assets at the end of 2013.

Others in the top ranks of the list are Sen. Jay Rockefeller, D-West Virgina, who had a minimum net worth of $118.1 million, and Sen. Mark Warner, D-Virginia, who had $93.4 million, according to The Hill.

House Minority Leader Nancy Pelosi, D-California, remains at the top of the heap among members of the congressional leadership, with a net worth of at least $24.45 million in the 2013 calendar year, according to a June report in The Hill.

The Center for Responsive Politics, a Washington-based organization that tracks political spending, notes that it is difficult to accurately calculate what a lawmaker is worth because their financial disclosure reports do not require the use of exact values. Instead, the lawmaker reports the range of value into which an asset falls.

CRP reported in January that for the first time, more than 50 percent of the members of the U.S. Congress are millionaires.

The median net worth in 2012 for all current members of Congress in office as of the May filing deadline, which was 530 of 535 lawmakers, was $1,008,767.

The CRP found that the number of members with a net worth of $1 million had reached 268, which was up 48 percent from 2012.

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