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. 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.
  2. Investing

    Who's the Richest Person in the 4 Richest U.S. States?

    Billionaires have congregated in a few states more than others. Who are the wealthiest residents of those states with the densest population of ultra-rich?
  3. Investing

    What High Net Worth Means

    A high net worth individual is someone with many liquid financial assets.
  4. 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.
  5. Investing

    The Importance Of Knowing Your Net Worth

    It is vital that you track your net worth no matter what your age.
  6. Personal Finance

    Why Marriage Makes Financial Sense

    Getting married has many financial positives. Here are some of them.
  7. Personal Finance

    How to Talk to Your Family About Christmas Gift Budgets

    Talking Christmas gift budgets with family members can be hard, but having the talk will help you stay on track financially.
  8. Managing Wealth

    The Complete Guide To Calculating Your Net Worth

    Here's everything you need to know about calculating your net worth.
  9. Investing

    Guess Who is the Richest Person in Illinois?

    The leader of Citadel maintained his spot at the top of the list of high net worth individuals in the state, according to Forbes.
Hot Definitions
  1. Investment

    An asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic ...
  2. Redlining

    The unethical practice whereby financial institutions make it extremely difficult or impossible for residents of poor inner-city ...
  3. Nonfarm Payroll

    A statistic researched, recorded and reported by the U.S. Bureau of Labor Statistics intended to represent the total number ...
  4. Conflict Theory

    A theory propounded by Karl Marx that claims society is in a state of perpetual conflict due to competition for limited resources. ...
  5. Inflation-Linked Savings Bonds (I Bonds)

    U.S. government-issued debt securities similar to regular savings bonds, except they offer an investor inflationary protection, ...
  6. Peak Globalization

    Peak globalization is a theoretical point at which the trend towards more integrated world economies reverses or halts.
Trading Center