He is a member of famous Politician with the age 60 years old group. McCaul says his approach to counterterrorism will aid in integrating the nation's homeland security policies into the digital age through the implementation of detailed screening of foreign visitors, including immigrants and refugees, by utilizing the latest technologies and intelligence. In 2004, he was inducted into the Radio Hall of Fame and received the Lifetime Achievement Award, National Association of Broadcasters. She helped the Army obtain environmental permits to destroy the chemical weapons stockpiled in the U.S.Linda is the daughter of Peggy and Lowry Mays. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Phillips held more than $250,000 worth of Apple stock, at least $50,000 worth of Facebook stock, and over $1 million in the SPDR S&P 500 Trust ETF. Does this have something to do with that Texas miracle we keep hearing about? Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. The House Oversight and Government Reform Committee chairman tops the list, thanks to the fortune he amassed manufacturing car alarms. 2023 Vox Media, LLC. Members disclose the value of their assets in broad ranges. 2023 BDG Media, Inc. All rights reserved. He has significant holdings through Blum Capital Partners, including the Carlton Hotel chain, Al Gore's Current Media, and OZ Fitness. In addition, lawmakers do not have to include their principal residences. Since then, the state has allowed some residential water users to opt for confidentiality. Born in Dallas, the son of Frances Jane (Lott) and James Addington McCaul, Jr., McCaul has English, Irish, and German ancestry. Before joining Congress, DelBene was an executive at Microsoft. She reported at least $165,000 in credit card debt liabilities; have increased their credit card debt since the pandemic began. Issa's net worth takes a hit from his margin account, which holds him liable for more than $50 million. The recently released wealth list fromRoll Call, a news outlet that covers Capitol Hill, annually compiles and ranks the financial reports of the members, which only require lawmakers to give broad ranges of value. Norman was elected to Congress in a special election in 2017 after President Donald Trump appointed his predecessor, Mick Mulvaney, to be the director of the Office of Management and Budget. GOP members of Congress own as much as $60.4 million in fossil fuel stocks, while Democrats and an independent who caucuses with the Democrats own up to $32.3 million. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. The Washington Democrat and her husband both worked as executives at Microsoft. His net worth is also buoyed by the enormous success of his wife, Lynn Gorguze, who heads a private equity firm, Cameron Holdings. His dad and mom raised him in Palm Springs, CA. The House Minority leader's husband, Paul Pelosi, owns and operatesFinancial Leasing Services Inc., a San Francisco-based real estate and venture capital investment firm. For starters, he doesn't have any liabilities to report. It's possible he does have. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Prince Harry is doing a livestream Q&A for anyone who missed his two Oprah interviews, his six-hour Netflix documentary, and his book, The Surprisingly Contrarian Case Against Lying About Science. According to authoritative sources, it has been estimated that McCaul's net worth is as high as $305.46 million, an amount earned through his successful career as a politician, and as an attorney, and federal prosecutor, which also improved his wealth. RNC Loyalty Test Only Punishes Honest Candidates, Not Trump. In December 2016, the House Republican Conference voted to appoint McCaul for a third term as the chairman of the House Committee on Homeland Security Committee. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium. He has also reinvested a lot of his earnings and is married to Lynn Gorguze, the president and CEO of Cameron Holdings, a private equity firm. As a result, the figures are rough estimates of a members net worth. Password must be at least 8 characters and contain: As part of your account, youll receive occasional updates and offers from New York, which you can opt out of anytime. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. Her net worth is not presently known. Each year, every member of Congress is required to file a detailed report disclosing their financial holdings. Members of Congress come from a wide range of backgrounds from local politics to business and entrepreneurship to professional sports and their fortunes vary greatly. The majority of Rep. McCaul's wealth comes from his wife, Linda McCaul, who is the daughter of Lowry Mays, the CEO and founder of Clear Channel Communications. Buchanan listed several liabilities in his financial filings worth at least $14 million, including loans for a plane and a yacht connected with the LLC. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. Kara Swisher talks with the Council on Foreign Relations president about Bidens spy-balloon-size missed opportunity. Even though she was present at both the Tate and LaBianca murders, because she was the key witness in District Attorney Vincent Bugliosi's prosecution of Charles . Notable stocks held by Hern and his family included more than $250,000 worth of Amazon, at least $100,000 worth of Alphabet, and more than $530,000 worth of Microsoft. Senator John Kerry (D-MA). Her body was cremated and her cause of death was not revealed. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. A large portion of Dianne Feinstein's wealth comes from her husband. Net Worth in 2022: $300 Million: Net Worth in 2021: $275 Million: Net Worth in 2020: $250 Million: Net Worth in 2019: $225 Million: Net Worth in 2018: . In Highland Park in 2006, Harlan Crow poured more than 1.8 million gallons of water on his 7.7-acre property in one month. In April 2019, McCaul spoke out against a resolution that would end US involvement in the Yemeni Civil War. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. Linda McCaul is the daughter of Lowry Mays, the founder of the San Antonio-based Clear Channel Communications and its chairman until a stroke sidelined him in 2005. His father is the chairman of Malkin Holdings and the chairman emeritus of Empire State Realty Trust, which leases office and retail space across Manhattan. Hollingsworth Capital Partners, which renovates factories. He graduated from Jesuit College Preparatory School of Dallas and earned a Bachelor of Arts in history from San Antonio's Trinity University in 1984 and his Juris Doctor from St. Mary's University three years later. In his spare time, Randall is a devoted father to his four children who are most often by his side as he explores his passion for travel, mentoring, fly fishing, pickleball, cooking and hiking. Dan Patrick on border security on Feb. 18, 2015. Dallas residents are allowed to watertheir lawns twice per week, with the day depending on the digits of their address. In 2010, he received the Sterling Evans Medal Award, Texas A&M University. By clicking Sign up, you agree to receive marketing emails from Insider In addition to participating in various volunteer activities, Mark also serves on the Vanderbilt University Board of Trust, the Board of the Alamo Area Council of Boy Scouts of America,the Texas Biomedical Research Foundation and the Southwest Research Institute Board. Among his liabilities are a plane and a yacht; in total, he's liable for $14 million. That trust generated more than $1 million in income last year. Net Worth: $108 million How he got there: All of McCaul's assets are listed in the name of his wife Linda McCaul, the daughter of Clear Channel CEO founder Lowry Mays, or in the names of. City to Pay Millions to Protesters Kettled by NYPD in 2020. It has something to do with the miracle of having a very rich wife: The lions share of McCauls wealth is held by his wife, Linda McCaul, the daughter of Clear Channel Communications CEO and founder Lowry Mays, and his dramatic rise in net worth appears to be the product of generational wealthtransfer. Read More Marianna Palka Early Life, Net-Worth, Career & Relationships. McCaul won re-election again in 2008, against Democratic candidate Larry Joe Doherty and Libertarian candidate Matt Finkel by a 54 to 43 percent margin. Scott holds this spot for a few reasons. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. This email will be used to sign into all New York sites. as well as other partner offers and accept our, Alex Wong/Getty Images; Kevin Dietsch/Getty Images; Bill Clark/CQ Roll Call; Hannah McKay-Pool/Getty Images; Rebecca Zisser/Insider, Chance Yeh/Getty Images for Power 100 Lunch, Bill Clark/CQ-Roll Call, Inc via Getty Images), Bill Clark/CQ-Roll Call, Inc via Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Michael Brochstein/SOPA Images/LightRocket via Getty Images, Kent Nishimura / Los Angeles Times via Getty Images, Anna Moneymaker/The New York Times via AP, Pool, placed his assets in a qualified blind trust, acknowledged filing an incorrect personal financial disclosure. Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. In 2019, McCaul's net worth was estimated at $113 million, placing him second on the list of wealthiest members of Congress. Romney also reported $4.5 million in "capital commitment" liabilities from his wife. In 2004, the same publication estimated his net worth at just $12 million: His wealth increase was due to large monetary transfers from his wife's family. Why young migrant workers are illegally filling a void in the job market. He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. McCaul worked as an attorney and a federal prosecutor before entering politics. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. Submit a correction suggestion and help us fix it! Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. Those bonds could be worth hundreds of millions of dollars EACH for all we know. Senator John Kerry (D-MA). All of Beyer's assets were jointly owned, in a combination of stocks, government securities, and real property. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. Beyer reported at least $8.6 million in liabilities, almost all of which were mortgages on various properties he owned. Darrell Issa only started serving in his current district (California's 50th congressional district) in 2021, but he first became a member of the House of Representatives in 2001. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. . AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. Things you buy through our links may earn New York a commission. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. In 2009, he received the Ward Quaal Pioneer Award, Broadcasters Foundation of America. Sure, you have political donations, fundraisers to drum up the money, and money from either the Democrats or Republicans, but it still is an expensive endeavor. Khanna's father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna's substantial net worth. Buchanan's wealth primarily comes from his ownership of several car dealerships, in addition to a limited liability company that was labeled as "Aircraft Holding & Leasing" and valued at $25 million to $50 million. She also worked for the Central Intelligence Agency on biological warfare issues. Rep. Chris Collins of New York, the first elected Republican to endorse Donald Trump's 2016 presidential bid, owns stake in various companies ranging from manufacturing to biotechnology. Most of his fortune comes from his. As a result, McCaul's reported net worth jumped from at least $73.75 million in 2009 to at least $294 million in 2010, according to Roll Call's prior assessments. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. Cynthia Malkin. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. These men and women have been active in their respective careers and communities. Republican Rep. Roger Williams of Texas owns and operates auto dealerships all across the Lone Star State selling Dodge, Chrysler, and Jeep cars and trucks. Rose, who joined Congress in 2019, reported an ownership stake in several residential buildings across the country. Michael McCauls income source is mostly from being a successful Politician. He is a Rockefeller. Some who have paid the price in Dallas include former Texas Rangers and Dallas Stars owner Tom Hicks, who led the citys list in 2011. Due to this influx of spousal wealth, McCaul unseated last years richest member of Congress, John Kerry the John Kerry married to Teresa Heinz Kerry of the ketchup fortune. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. The congressman reported $4 million in liabilities in the forms of lines of credit, mortgages, notes payable, and a loan. *Sorry, there was a problem signing you up. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. All rights reserved. Republicans are making their 2024 candidates promise to support eventual nominee. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. You must have JavaScript enabled to use this form. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. The 10 Richest Members Of Congress And How They Earned Their Fortunes, Nancy Pelosi Has A Surprisingly MASSIVE Personal Net Worth. He married into it. He is a cofounder of Penny's Coffee, a Minnesota-based coffee shop chain, a former chairman for Talenti Gelato, and the former CEO of Phillips Distilling Company. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. Conn Distinguished New Venture Leader Award, Texas A&M University, 2000. Williams, a former Texas secretary of state, made his fortune from a Weatherford car dealership inherited from his father. Blumenthal's only liability listed in his financial filings was a 30-year mortgage on his home that his wife took out in 2011. Romney reported at least $4.5 million in liabilities from his wife; each liability was listed as a "capital commitment.". At one point Clear Channel owned over 1,200 Radio Stations, over 600,000 outdoor advertising displays, and various Television Stations and Live Event venues which operated in 65 countries and generated over $8 Billion in Revenue. She is the only woman in US history, as of this writing, to serve as Speaker of the House. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. Designed for transparency, the disclosures provide insight into each member of Congress' wealth and assets and occasionally reveal potential conflicts of interest and violations of federal law. Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. He left for a short period of time when Donald Trump nominated him to head the U.S. Trade and Development Agency before returning to Congress last year. He also served as the US ambassador to Switzerland and Liechtenstein under former President Barack Obama. Other Central Texas lawmakers were ranked well below McCaul, Williams and Doggett: U.S. Rep. Lamar Smith, R-San Antonio, ranked 96th with $3 million net worth. Trone's wife independently owned stock in Alphabet, Apple, and Pepsi, among others. Rep. Michael McCaul, R-Texas. Most of his fortune comes from his wife, Linda McCaul. 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