Tags: members of congress | wealth | net worth

The 15 Richest Members of Congress

Sen. Richard Blumenthal, D-Conn.
Sen. Richard Blumenthal, D-Conn. (Tom Williams/CQ Roll Call via AP)

By    |   Thursday, 10 October 2019 11:57 AM

When it comes to Congress, our representatives are not just like us. Typically, they have a lot more money than most people! The estimated net worth of a congressional representative exceeds $500,000, according to a report by 24/7 Wall St., which listed the richest members of Congress.

Earning an annual salary of roughly $174,000 certainly contributes toward their wealth, but many of these lawmakers were rich to being with.

To determine the wealthiest members of Congress, 24/7 Wall St. reviewed the estimated net worth of U.S. congressional representatives and then narrowed the list down to those with an estimated net worth of more than $3 million. Here are 15 of the richest members of Congress:

15. Rep. Joseph P. Kennedy III of Massachusetts

  • Estimated net worth: $18.7 million
  • Party affiliation: Democrat
  • Entered Congress: 2013
  • Current term ends: 2021

14. Rep. Francis Rooney of Florida

  • Estimated net worth: $22.6 million
  • Party affiliation: Republican
  • Entered Congress: 2017
  • Current term ends: 2021
  • Francis Rooney obtained his wealth from his family business, Manhattan Construction Group.

13. Rep. Ro Khanna of California

  • Estimated net worth: $27.0 million
  • Party affiliation: Democrat
  • Entered Congress: 2017
  • Current term ends: 2021
  • The vast majority of Ro Khanna's fortune appears to come from his wife, Ritu Khanna, the daughter of the founder and chief executive of Transtar Industries Inc., a vehicles transmissions distributor.

12. Rep. Roger Williams of Texas

  • Estimated net worth: $27.7 million
  • Party affiliation: Republican
  • Entered Congress: 2013
  • Current term ends: 2021
  • Roger Williams obtained his wealth from valuable real estate as well as from multiple car dealerships.

11. Rep. Suzan DelBene of Washington

  • Estimated net worth: $28.4 million
  • Party affiliation: Democrat
  • Entered Congress: 2012
  • Current term ends: 2021
  • Suzan Delbene headed up mobile connections marketing for Microsoft as vice president, which earned her a decent pay package. She then launched two successful internet startups, which secured her a good fortune.

10. Rep. Donald S. Beyer Jr. of Virginia

  • Estimated net worth: $31.2 million
  • Party affiliation: Democrat
  • Entered Congress: 2015
  • Current term ends: 2021
  • Donald Beyer managed to secure his fortune through multiple car dealerships located across Washington, D.C.

9. Rep. Scott Peters of California

  • Estimated net worth: $32.0 million
  • Party affiliation: Democrat
  • Entered Congress: 2013
  • Current term ends: 2021
  • Scott Peters made his fortune working as a corporate tax attorney.

8. Rep. Paul Mitchell of Michigan

  • Estimated net worth: $37.7 million
  • Party affiliation: Republican
  • Entered Congress: 2017
  • Current term ends: 2021
  • Paul Mitchell built up a solid fortune working as a corporate executive at Chrysler and then as CEO of a health industry training company, Ross Education.

7. Rep. Trey Hollingsworth of Indiana

  • Estimated net worth: $50.1 million
  • Party affiliation: Republican
  • Entered Congress: 2017
  • Current term ends: 2021
  • Trey Hollingsworth obtained much of his wealth from his father's business, Hollingsworth Capital Partners.

6. Sen. Dianne Feinstein of California

  • Estimated net worth: $58.5 million
  • Party affiliation: Democrat
  • Entered Congress: 1992
  • Current term ends: 2025
  • Boosting Diane Feinstein's wealth is her marriage to Richard Blum, who founded a lucrative equity investment firm with stakes in several industries. Feinstein also has her own stake in Carlton Hotel Properties of over $25 million.

5. Sen. Richard Blumenthal of Connecticut

  • Estimated net worth: $70.0 million
  • Party affiliation: Democrat
  • Entered Congress: 2011
  • Current term ends: 2023
  • Richard Blumenthal married into money. His father-in-law is real estate mogul Peter Malkin.

4. Rep. Vern Buchanan of Florida

  • Estimated net worth: $73.9 million
  • Party affiliation: Republican
  • Entered Congress: 2007
  • Current term ends: 2021
  • Like many of the other richest members of congress, Vern Buchanan earned his wealth through multiple car dealerships as well as his through his role in the leasing of charter jets and yachts.

3. Sen. Mark Warner of Virginia

  • Estimated net worth: $90.2 million
  • Party affiliation: Democrat
  • Entered Congress: 2009
  • Current term ends: 2021
  • Mark Warner made his fortune as a venture capitalist as well as through his businesses in the energy and real estate sectors.

2. Rep. Michael McCaul of Texas

  • Estimated net worth: $113.0 million
  • Party affiliation: Republican
  • Entered Congress: 2005
  • Current term ends: 2021
  • Michael McCaul is another rich member of congress who married into money. His wife's father founded Clear Channel Communications, which is now known as iHeartMedia.

1. Rep. Greg Gianforte of Montana

  • Estimated net worth: $135.7 million
  • Party affiliation: Republican
  • Entered Congress: 2017
  • Current term ends: 2021
  • Greg Gianforte made his wealth through a software company that he founded in the 1980s and later sold to McAfee Associates. He then went on to found the cloud-based customer service program RightNow Technologies.

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The estimated net worth of a congressional representative exceeds $500,000, according to a report by 24/7 Wall St. An annual salary of roughly $174,000 certainly contributes toward their wealth, but many of these lawmakers were rich to being with.
members of congress, wealth, net worth
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2019-57-10
Thursday, 10 October 2019 11:57 AM
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