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. Insights

    OPEN

    U.S. Trade Rep.
  3. Investing

    What High Net Worth Means

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

    The Importance Of Knowing Your Net Worth

    It is vital that you track your net worth no matter what your age.
  7. Insights

    Top 10 Wealthiest Families in the World

    Find out how much money it takes to land on the list of the 10 wealthiest families in the world, and why nobody is really sure what it takes to be number one.
  8. Managing Wealth

    Assets That Increase Your Net Worth

    Your home, properties and vehicles can all increase your net worth.
  9. Financial Advisor

    How to Gift Your Way to Lower Estate Taxes

    Estate planning is not just for inheritance. High net-worth individuals, who plan properly, can gift their money and save on taxes.
Hot Definitions
  1. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  2. Portfolio Investment

    A holding of an asset in a portfolio. A portfolio investment is made with the expectation of earning a return on it. This ...
  3. Treynor Ratio

    A ratio developed by Jack Treynor that measures returns earned in excess of that which could have been earned on a riskless ...
  4. Buyback

    The repurchase of outstanding shares (repurchase) by a company in order to reduce the number of shares on the market. Companies ...
  5. Tax Refund

    A tax refund is a refund on taxes paid to an individual or household when the actual tax liability is less than the amount ...
  6. Gross Domestic Product - GDP

    The monetary value of all the finished goods and services produced within a country's borders in a specific time period, ...
Trading Center