Members Of Congress With The Highest Net Worth
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.
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.
Rep. Darrell Issa
Net Worth: $140.55 million
A technology mogul, this six-term California Republican founded Directed Electronics Inc., a company that manufactures car alarms. Directed became the largest supplier of aftermarket car alarms in the country. Prior to founding Directed, Issa grew another car alarm manufacturer, Steal Stopper, into the go-to manufacturer for nearly all of the major car companies.
A technology mogul, this six-term California Republican founded Directed Electronics Inc., a company that manufactures car alarms. Directed became the largest supplier of aftermarket car alarms in the country. Prior to founding Directed, Issa grew another car alarm manufacturer, Steal Stopper, into the go-to manufacturer for nearly all of the major car companies.
Sen. Mark Warner
Net Worth: $85.81 million
What do you get when you elect one of the co-founders of Nextel Communications to Congress? The fourth richest Congressional member, that's what. If you were a cell phone junkie in the '90s and early part of the 21st century, you remember Nextel phones. Although they had traditional wireless services, they had a "push to talk" feature that made them function much like a walkie-talkie. Not only did Warner make out well on the sale of Nextel, he continues to invest in tech firms. He has a stake in the Russian search engine, Yandex, worth about $6.75 million.
What do you get when you elect one of the co-founders of Nextel Communications to Congress? The fourth richest Congressional member, that's what. If you were a cell phone junkie in the '90s and early part of the 21st century, you remember Nextel phones. Although they had traditional wireless services, they had a "push to talk" feature that made them function much like a walkie-talkie. Not only did Warner make out well on the sale of Nextel, he continues to invest in tech firms. He has a stake in the Russian search engine, Yandex, worth about $6.75 million.
Sen. Jay Rockefeller
Net Worth: $83.08 million
You might recognize the name, and yes, there is a connection. Jay Rockefeller is the great grandson of John D. Rockefeller, founder of Standard Oil, once the largest oil company in the world until the Supreme Court broke it up in 1911. Standard Oil's success made John D. Rockefeller the richest American who ever lived.
Jay Rockefeller made his money the old-fashioned way: He inherited it. Much of his money is in the form of a blind trust but according to Congressional records, he has, among other things, a $1 million mortgage on a New York condominium.
You might recognize the name, and yes, there is a connection. Jay Rockefeller is the great grandson of John D. Rockefeller, founder of Standard Oil, once the largest oil company in the world until the Supreme Court broke it up in 1911. Standard Oil's success made John D. Rockefeller the richest American who ever lived.
Jay Rockefeller made his money the old-fashioned way: He inherited it. Much of his money is in the form of a blind trust but according to Congressional records, he has, among other things, a $1 million mortgage on a New York condominium.
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