Members Of Congress With The Highest Net Worth

AAA

Rep. Michael McCaul

Net Worth: $305.46 million

If this were a competition, it would be a blowout victory for Rep. Michael McCaul from Texas. Apparently, the way to make it into the top two spots is to marry a rich woman because that is what McCaul did. This lawyer and Federal prosecutor did well on his own, but nothing compared to certain assets his wife received as gifts from her parents. McCaul's wife, Linda, is the daughter of Clear Channel Communications Inc. CEO and founder, Lowry Mays. As a result, the family has many assets held in trusts.

  1. No results found.
Related Articles
  1. Investing

    Who Are the 7 Wealthiest Congressmen?

    A look at how the seven wealthiest members of the House of Representatives made their fortune.
  2. Personal Finance

    Average Net Worth Of The 1%

    Here's a look at how much the super-rich in the world are really worth.
  3. Investing

    5 Most Popular Stocks Among Members in Congress

    Here is a look at a few stocks American congressman and senators have in their personal investment portfolios.
  4. Retirement

    How the Congressional Retirement Plan Compares to the Average

    There are more retirement plan options for a member of United States Congress than for the average average citizen.
  5. Investing

    What High Net Worth Means

    A high net worth individual is someone with many liquid financial assets.
  6. Taxes

    How to Avoid Gift Taxes

    For most, the answer to the question, “How much is the gift tax?” can be “nothing."
  7. Investing

    The Importance Of Knowing Your Net Worth

    It is vital that you track your net worth no matter what your age.
  8. Investing

    What is Net Worth?

    Net worth is the amount by which assets exceed liabilities. Another way to say this is, it's the value of everything you own, minus all your debts.
  9. Financial Advisor

    Where Do Lawyers Earn the Most Money?

    Lawyers earn much higher wages working in certain industries, states and metropolitan areas. Learn the best-paying sectors and locations.
  10. Personal Finance

    What's Your Net Worth Telling You?

    Net worth provides a road map for retirement - learn if you're headed in the right direction.
Hot Definitions
  1. Preferred Stock

    A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. Preferred shares ...
  2. Net Profit Margin

    Net Margin is the ratio of net profits to revenues for a company or business segment - typically expressed as a percentage ...
  3. Gross Margin

    A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage. ...
  4. Current Ratio

    The current ratio is a liquidity ratio measuring a company's ability to pay short-term and long-term obligations, also known ...
  5. SEC Form 13F

    A filing with the Securities and Exchange Commission (SEC), also known as the Information Required of Institutional Investment ...
  6. Quantitative Easing

    An unconventional monetary policy in which a central bank purchases private sector financial assets in order to lower interest ...
Trading Center