Millionaires and Billionaires, The 50 Richest Members of Congress (2011)

Warfish · 08-19-2011, 11:43 AM

The 50 Richest Members of Congress (2011)

To determine the richest lawmakers, Roll Call adds up the minimum value of total assets reported by each Member on their annual financial disclosures and subtracts the minimum liabilities. Percent change refers to the change since last year's disclosure forms.

An asset valued at $5 million to $25 million is counted at the lesser amount, as is a liability valued at $1 million to $5 million.

You can visit previous editions of 50 Richest lists here.

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1.Rep. Michael McCaul (R-Texas) $294.21
Million
Assets$294.21 Million Liabilities$0.00 Million Change298.9% .

2.Rep. Darrell Issa (R-Calif.) $220.40
Million
Assets
$295.40 Million Liabilities
$75.00 Million Change
37.7% .

3.Sen. John Kerry (D-Mass.) $193.07
Million
Assets$232.39 Million Liabilities$39.32 Million Change2.5% .

4.Sen. Jay Rockefeller (D-W.Va.) $81.63
Million
Assets$86.63 Million Liabilities$5.00 Million Change0.2% .

5.Sen. Mark Warner (D-Va.) $76.30
Million
Assets$76.32 Million Liabilities$0.02 Million Change8.7% .

6.Rep. Jared Polis (D-Colo.) $65.91
Million
Assets$67.94 Million Liabilities$2.03 Million Change16.7% .

7.Sen. Frank Lautenberg (D-N.J.) $55.07
Million
Assets$55.07 Million Liabilities$0.00 Million Change10.8% .

8.Sen. Richard Blumenthal (D-Conn.) $52.93*
Million
Assets$52.93 Million Liabilities$0.00 Million Changen/a .

9.Sen. Dianne Feinstein (D-Calif.) $45.39
Million
Assets$47.39 Million Liabilities$2.00 Million Change-1.5% .

10.Rep. Vern Buchanan (R-Fla.) $44.21
Million
Assets$70.66 Million Liabilities$26.45 Million Change-20.3% .

11.Rep. Jim Renacci (R-Ohio) $35.87*
Million
Assets$37.87 Million Liabilities$2.00 Million Changen/a .

12.Rep. Nancy Pelosi (D-Calif.) $35.20
Million
Assets$43.45 Million Liabilities$8.25 Million Change61.9% .

13.Rep. Rick Berg (R-N.D.) $21.60*
Million
Assets$23.43 Million Liabilities$1.83 Million Changen/a .

14.Sen. Bob Corker (R-Tenn.) $21.18
Million
Assets$26.68 Million Liabilities$5.50 Million Change15.9% .

15.Rep. Rodney Frelinghuysen (R-N.J.) $20.35
Million
Assets$20.35 Million Liabilities$0.00 Million Change2.3% .

16.Sen. James Risch (R-Idaho) $19.78
Million
Assets$20.10 Million Liabilities$0.32 Million Change0.5% .

17.Rep. Gary Miller (R-Calif.) $17.45
Million
Assets$17.45 Million Liabilities$0.00 Million Change-9.9% .

18.Sen. Claire McCaskill (D-Mo.) $17.00
Million
Assets$17.05 Million Liabilities$0.05 Million Change8.1% .

19.Rep. Kenny Marchant (R-Texas) $16.45
Million
Assets$18.76 Million Liabilities$2.31 Million Change-10.6% .

20.Rep. Nita Lowey (D-N.Y.) $15.46
Million
Assets$15.46 Million Liabilities$0.00 Million Change3.8% .

21.Rep. Mike Kelly (R-Pa.) $11.90*
Million
Assets$12.90 Million Liabilities$1.00 Million Changen/a .

22.Rep. Trent Franks (R-Ariz.) $11.60
Million
Assets$11.60 Million Liabilities$0.00 Million Change182.9% .

23.Rep. Richard Hanna (R-N.Y.) $10.89**
Million
Assets$n/a Liabilities$n/a Changen/a .

24.Rep. Scott Rigell (R-Va.) $10.69*
Million
Assets$11.21 Million Liabilities$0.52 Million Changen/a .

25.Rep. Diane Black (R-Tenn.) $10.63*
Million
Assets$16.53 Million Liabilities$5.90 Million Changen/a .

26.Rep. Tom Petri (R-Wis.) $10.60
Million
Assets$10.85 Million Liabilities$0.25 Million Change16.4% .

27.Sen. Lamar Alexander (R-Tenn.) $10.38
Million
Assets$10.88 Million Liabilities$0.50 Million Change-14.4% .

28.Sen. John McCain (R-Ariz.) $10.35
Million
Assets$11.35 Million Liabilities$1.00 Million Change-1.6% .

29.Sen. Tom Harkin (D-Iowa) $10.28
Million
Assets$10.28 Million Liabilities$0.00 Million Change-1.6% .

30.Rep. Carolyn Maloney (D-N.Y.) $10.14
Million
Assets$12.39 Million Liabilities$2.25 Million Change9.0% .

31.Sen. Olympia Snowe (R-Maine) $9.88
Million
Assets$9.88 Million Liabilities$0.00 Million Change-21.2% .

32.Sen. Mitch McConnell (R-Ky.) $9.84
Million
Assets$9.84 Million Liabilities$0.00 Million Change38.6% .

33.Rep. Tom Price (R-Ga.) $9.43
Million
Assets$9.43 Million Liabilities$0.00 Million Change10.8% .

34.Rep. Nan Hayworth (R-N.Y.) $9.35*
Million
Assets$9.35 Million Liabilities$0.00 Million Changen/a .

35.Rep. Shelley Berkley (D-Nev.) $9.29
Million
Assets$10.66 Million Liabilities$1.37 Million Change11.4% .

36.Sen. Herb Kohl (D-Wis.) $9.23
Million
Assets$110.23 Million Liabilities$101.00 Million Change298.9% .

37.Rep. Lloyd Doggett (D-Texas) $8.53
Million
Assets$8.78 Million Liabilities$0.25 Million Change6.2% .

38.Rep. Blake Farenthold (R-Texas) $8.51*
Million
Assets$8.57 Million Liabilities$0.06 Million Changen/a .

39.Rep. John Campbell (R-Calif.) $8.44
Million
Assets$8.44 Million Liabilities$0.00 Million Change-13.3% .

40.Sen. Ron Johnson (R-Wis.) $8.18*
Million
Assets$8.18 Million Liabilities$0.00 Million Changen/a .

41.Rep. Steve Pearce (R-N.M.) $8.03*
Million
Assets$8.03 Million Liabilities$0.00 Million Changen/a .

42.Sen. John Hoeven (R-N.D.) $7.94*
Million
Assets$12.94 Million Liabilities$5.00 Million Changen/a .

43.Rep. Fred Upton (R-Mich.) $7.93
Million
Assets$7.95 Million Liabilities$0.02 Million Change2.9% .

44.Rep. Bill Flores (R-Texas) $7.71*
Million
Assets$7.81 Million Liabilities$0.10 Million Changen/a .

45.Sen. Jeff Bingaman (D-N.M.) $7.41
Million
Assets$7.93 Million Liabilities$0.52 Million Change7.4% .

46.Sen. Kay Hagan (D-N.C.) $7.06
Million
Assets$10.34 Million Liabilities$3.28 Million Change5.8% .

47.Sen. Ben Nelson (D-Neb.) $6.56
Million
Assets$6.56 Million Liabilities$0.00 Million Change-2.7% .

48.Sen. Johnny Isakson (R-Ga.) $6.47
Million
Assets$6.49 Million Liabilities$0.02 Million Change2.6% .

49.Rep. Randy Neugebauer (R-Texas) $6.21
Million
Assets$7.24 Million Liabilities$1.03 Million Change-6.8% .

50.Rep. Rosa DeLauro (D-Conn.) $6.00
Million
Assets$6.11 Million Liabilities$0.11 Million Change6.0% .

* Indicates a freshman Member of Congress. Roll Call did not calculate percent change from forms filed as candidates.

palmetto defender · 08-19-2011, 12:01 PM

I don't begrudge anyone money. Some of these persons ran great businesses. Some inherited. $10 mill is not a big deal at the bottom end.
But what the hell is Herb Kohl doing with over $100 mill in liabilites? Kerry - $30+mill? Most seem to know how to handle THEIR money - little or no liabilities. When they get OUR money, watch out. LOL.

bitonti · 08-19-2011, 12:04 PM

thread title is misleading there are no billionaires in congress.

the tax cuts for mega rich have to end. whether they are in congress or not

I know people are going to talk about the 50% who pay no income tax, well 2 wrongs don't make a right. tax em all.

Warfish · 08-19-2011, 12:08 PM

[QUOTE=bitonti;4109555]thread title is misleading there are no billionaires in congress.[/quote]

You'll have to take your objection up with President Obama and tghe Democrat Party. For some time, in discussing tax rates, they have been describing anyone who makes over $250,000 as "millionares and billionaires".

[quote]I know people are going to talk about the 50% who pay no income tax, well 2 wrongs don't make a right. tax em all.[/QUOTE]

Another issue you will need to takeup with your own party.

bitonti · 08-19-2011, 12:23 PM

[QUOTE=Warfish;4109567]You'll have to take your objection up with President Obama and tghe Democrat Party. For some time, in discussing tax rates, they have been describing anyone who makes over $250,000 as "millionares and billionaires".
[/QUOTE]

you are wrong about this. Obama talked about rolling back the tax cuts for millionaires and billionaires, but keeping them for those making more than 250k. the 250k figure was from the polling, when ABC news asks people should taxes be raised on the rich they use over 250k as rich. but the politics have changed, there is a place for tax cuts for 250k and no tax cuts for 1 million and above.

palmetto defender · 08-19-2011, 12:42 PM

[QUOTE=bitonti;4109555]thread title is misleading there are no billionaires in congress.

the tax cuts for mega rich have to end. whether they are in congress or not

I know people are going to talk about the 50% who pay no income tax, well 2 wrongs don't make a right. tax em all.[/QUOTE]

Amazing, but this in an area where you and I may possibly share common ground.
1. Tax them all - yes. Minimum of 10% of income.
2. Compensation. No lower payment in dividends (15%), options, bonuses, loans, health insurance, cars, life insurance, house, boat, trips. Anything other than bare bones health insurance has to be taxed. And taxed at the person's regular rate. If it's a dividend from your own company - full tax. Retirement plan contributions by the company - taxed as income. Anything you get from the company should be taxable except employee only health insurance at the lowest level of coverage. Higher and family coverage taxed. That's closing serious loopholes.

Jetdawgg · 08-19-2011, 03:44 PM

[QUOTE]It's nice to know someone is prospering during the 'Obama years'. The rest of us are watching our home values and retirement investments plummet.

Minority Leader Nancy Pelosi (D-Calif.) reported a minimum net worth for 2010 that was more than 50 percent higher than the prior year, according to personal financial disclosure forms made public by the Clerk of the House on Wednesday.

Speaker John Boehner (R-Ohio) also saw a healthy growth in his minimum net worth, but the total change in his case is in the hundreds of thousands of dollars, while Pelosi’s is in the millions.

Pelosi, who ranks among the 50 richest Members of Congress, reported $43.45 million in minimum assets, according to financial disclosure reports released Wednesday. That marks an increase of more than $13 million in assets from 2009.[/QUOTE]

[url]http://www.bluegrasspundit.com/2011/08/nancy-pelosi-reported-net-worth-triples.html[/url]

08-19-2011, 11:43 AM	#1
Warfish JetsInsider.com Legend Join Date: Jan 2004 Posts: 35,000	Millionaires and Billionaires, The 50 Richest Members of Congress (2011) The 50 Richest Members of Congress (2011) To determine the richest lawmakers, Roll Call adds up the minimum value of total assets reported by each Member on their annual financial disclosures and subtracts the minimum liabilities. Percent change refers to the change since last year's disclosure forms. An asset valued at $5 million to $25 million is counted at the lesser amount, as is a liability valued at $1 million to $5 million. You can visit previous editions of 50 Richest lists here. -------------------------------------------------------------------------------- Expand All \| Collapse All 1.Rep. Michael McCaul (R-Texas) $294.21 Million Assets$294.21 Million Liabilities$0.00 Million Change298.9% . 2.Rep. Darrell Issa (R-Calif.) $220.40 Million Assets $295.40 Million Liabilities $75.00 Million Change 37.7% . 3.Sen. John Kerry (D-Mass.) $193.07 Million Assets$232.39 Million Liabilities$39.32 Million Change2.5% . 4.Sen. Jay Rockefeller (D-W.Va.) $81.63 Million Assets$86.63 Million Liabilities$5.00 Million Change0.2% . 5.Sen. Mark Warner (D-Va.) $76.30 Million Assets$76.32 Million Liabilities$0.02 Million Change8.7% . 6.Rep. Jared Polis (D-Colo.) $65.91 Million Assets$67.94 Million Liabilities$2.03 Million Change16.7% . 7.Sen. Frank Lautenberg (D-N.J.) $55.07 Million Assets$55.07 Million Liabilities$0.00 Million Change10.8% . 8.Sen. Richard Blumenthal (D-Conn.) $52.93* Million Assets$52.93 Million Liabilities$0.00 Million Changen/a . 9.Sen. Dianne Feinstein (D-Calif.) $45.39 Million Assets$47.39 Million Liabilities$2.00 Million Change-1.5% . 10.Rep. Vern Buchanan (R-Fla.) $44.21 Million Assets$70.66 Million Liabilities$26.45 Million Change-20.3% . 11.Rep. Jim Renacci (R-Ohio) $35.87* Million Assets$37.87 Million Liabilities$2.00 Million Changen/a . 12.Rep. Nancy Pelosi (D-Calif.) $35.20 Million Assets$43.45 Million Liabilities$8.25 Million Change61.9% . 13.Rep. Rick Berg (R-N.D.) $21.60* Million Assets$23.43 Million Liabilities$1.83 Million Changen/a . 14.Sen. Bob Corker (R-Tenn.) $21.18 Million Assets$26.68 Million Liabilities$5.50 Million Change15.9% . 15.Rep. Rodney Frelinghuysen (R-N.J.) $20.35 Million Assets$20.35 Million Liabilities$0.00 Million Change2.3% . 16.Sen. James Risch (R-Idaho) $19.78 Million Assets$20.10 Million Liabilities$0.32 Million Change0.5% . 17.Rep. Gary Miller (R-Calif.) $17.45 Million Assets$17.45 Million Liabilities$0.00 Million Change-9.9% . 18.Sen. Claire McCaskill (D-Mo.) $17.00 Million Assets$17.05 Million Liabilities$0.05 Million Change8.1% . 19.Rep. Kenny Marchant (R-Texas) $16.45 Million Assets$18.76 Million Liabilities$2.31 Million Change-10.6% . 20.Rep. Nita Lowey (D-N.Y.) $15.46 Million Assets$15.46 Million Liabilities$0.00 Million Change3.8% . 21.Rep. Mike Kelly (R-Pa.) $11.90* Million Assets$12.90 Million Liabilities$1.00 Million Changen/a . 22.Rep. Trent Franks (R-Ariz.) $11.60 Million Assets$11.60 Million Liabilities$0.00 Million Change182.9% . 23.Rep. Richard Hanna (R-N.Y.) $10.89** Million Assets$n/a Liabilities$n/a Changen/a . 24.Rep. Scott Rigell (R-Va.) $10.69* Million Assets$11.21 Million Liabilities$0.52 Million Changen/a . 25.Rep. Diane Black (R-Tenn.) $10.63* Million Assets$16.53 Million Liabilities$5.90 Million Changen/a . 26.Rep. Tom Petri (R-Wis.) $10.60 Million Assets$10.85 Million Liabilities$0.25 Million Change16.4% . 27.Sen. Lamar Alexander (R-Tenn.) $10.38 Million Assets$10.88 Million Liabilities$0.50 Million Change-14.4% . 28.Sen. John McCain (R-Ariz.) $10.35 Million Assets$11.35 Million Liabilities$1.00 Million Change-1.6% . 29.Sen. Tom Harkin (D-Iowa) $10.28 Million Assets$10.28 Million Liabilities$0.00 Million Change-1.6% . 30.Rep. Carolyn Maloney (D-N.Y.) $10.14 Million Assets$12.39 Million Liabilities$2.25 Million Change9.0% . 31.Sen. Olympia Snowe (R-Maine) $9.88 Million Assets$9.88 Million Liabilities$0.00 Million Change-21.2% . 32.Sen. Mitch McConnell (R-Ky.) $9.84 Million Assets$9.84 Million Liabilities$0.00 Million Change38.6% . 33.Rep. Tom Price (R-Ga.) $9.43 Million Assets$9.43 Million Liabilities$0.00 Million Change10.8% . 34.Rep. Nan Hayworth (R-N.Y.) $9.35* Million Assets$9.35 Million Liabilities$0.00 Million Changen/a . 35.Rep. Shelley Berkley (D-Nev.) $9.29 Million Assets$10.66 Million Liabilities$1.37 Million Change11.4% . 36.Sen. Herb Kohl (D-Wis.) $9.23 Million Assets$110.23 Million Liabilities$101.00 Million Change298.9% . 37.Rep. Lloyd Doggett (D-Texas) $8.53 Million Assets$8.78 Million Liabilities$0.25 Million Change6.2% . 38.Rep. Blake Farenthold (R-Texas) $8.51* Million Assets$8.57 Million Liabilities$0.06 Million Changen/a . 39.Rep. John Campbell (R-Calif.) $8.44 Million Assets$8.44 Million Liabilities$0.00 Million Change-13.3% . 40.Sen. Ron Johnson (R-Wis.) $8.18* Million Assets$8.18 Million Liabilities$0.00 Million Changen/a . 41.Rep. Steve Pearce (R-N.M.) $8.03* Million Assets$8.03 Million Liabilities$0.00 Million Changen/a . 42.Sen. John Hoeven (R-N.D.) $7.94* Million Assets$12.94 Million Liabilities$5.00 Million Changen/a . 43.Rep. Fred Upton (R-Mich.) $7.93 Million Assets$7.95 Million Liabilities$0.02 Million Change2.9% . 44.Rep. Bill Flores (R-Texas) $7.71* Million Assets$7.81 Million Liabilities$0.10 Million Changen/a . 45.Sen. Jeff Bingaman (D-N.M.) $7.41 Million Assets$7.93 Million Liabilities$0.52 Million Change7.4% . 46.Sen. Kay Hagan (D-N.C.) $7.06 Million Assets$10.34 Million Liabilities$3.28 Million Change5.8% . 47.Sen. Ben Nelson (D-Neb.) $6.56 Million Assets$6.56 Million Liabilities$0.00 Million Change-2.7% . 48.Sen. Johnny Isakson (R-Ga.) $6.47 Million Assets$6.49 Million Liabilities$0.02 Million Change2.6% . 49.Rep. Randy Neugebauer (R-Texas) $6.21 Million Assets$7.24 Million Liabilities$1.03 Million Change-6.8% . 50.Rep. Rosa DeLauro (D-Conn.) $6.00 Million Assets$6.11 Million Liabilities$0.11 Million Change6.0% . * Indicates a freshman Member of Congress. Roll Call did not calculate percent change from forms filed as candidates.

08-19-2011, 03:44 PM	#7
Jetdawgg All Pro Join Date: Aug 2004 Posts: 6,687	Nancy Pelosi Reported Net Worth Triples in Last Two Years [QUOTE]It's nice to know someone is prospering during the 'Obama years'. The rest of us are watching our home values and retirement investments plummet. Minority Leader Nancy Pelosi (D-Calif.) reported a minimum net worth for 2010 that was more than 50 percent higher than the prior year, according to personal financial disclosure forms made public by the Clerk of the House on Wednesday. Speaker John Boehner (R-Ohio) also saw a healthy growth in his minimum net worth, but the total change in his case is in the hundreds of thousands of dollars, while Pelosi’s is in the millions. Pelosi, who ranks among the 50 richest Members of Congress, reported $43.45 million in minimum assets, according to financial disclosure reports released Wednesday. That marks an increase of more than $13 million in assets from 2009.[/QUOTE] [url]http://www.bluegrasspundit.com/2011/08/nancy-pelosi-reported-net-worth-triples.html[/url]

08-19-2011, 12:01 PM	#2
palmetto defender All League Join Date: Apr 2009 Posts: 4,657	I don't begrudge anyone money. Some of these persons ran great businesses. Some inherited. $10 mill is not a big deal at the bottom end. But what the hell is Herb Kohl doing with over $100 mill in liabilites? Kerry - $30+mill? Most seem to know how to handle THEIR money - little or no liabilities. When they get OUR money, watch out. LOL.

08-19-2011, 12:04 PM	#3
bitonti searching Hall Of Fame Join Date: Apr 2003 Location: Philly Posts: 38,786	thread title is misleading there are no billionaires in congress. the tax cuts for mega rich have to end. whether they are in congress or not I know people are going to talk about the 50% who pay no income tax, well 2 wrongs don't make a right. tax em all.

08-19-2011, 12:08 PM	#4
Warfish JetsInsider.com Legend Join Date: Jan 2004 Posts: 35,000	[QUOTE=bitonti;4109555]thread title is misleading there are no billionaires in congress.[/quote] You'll have to take your objection up with President Obama and tghe Democrat Party. For some time, in discussing tax rates, they have been describing anyone who makes over $250,000 as "millionares and billionaires". [quote]I know people are going to talk about the 50% who pay no income tax, well 2 wrongs don't make a right. tax em all.[/QUOTE] Another issue you will need to takeup with your own party.

08-19-2011, 12:23 PM	#5
bitonti searching Hall Of Fame Join Date: Apr 2003 Location: Philly Posts: 38,786	[QUOTE=Warfish;4109567]You'll have to take your objection up with President Obama and tghe Democrat Party. For some time, in discussing tax rates, they have been describing anyone who makes over $250,000 as "millionares and billionaires". [/QUOTE] you are wrong about this. Obama talked about rolling back the tax cuts for millionaires and billionaires, but keeping them for those making more than 250k. the 250k figure was from the polling, when ABC news asks people should taxes be raised on the rich they use over 250k as rich. but the politics have changed, there is a place for tax cuts for 250k and no tax cuts for 1 million and above.

08-19-2011, 12:42 PM	#6
palmetto defender All League Join Date: Apr 2009 Posts: 4,657	[QUOTE=bitonti;4109555]thread title is misleading there are no billionaires in congress. the tax cuts for mega rich have to end. whether they are in congress or not I know people are going to talk about the 50% who pay no income tax, well 2 wrongs don't make a right. tax em all.[/QUOTE] Amazing, but this in an area where you and I may possibly share common ground. 1. Tax them all - yes. Minimum of 10% of income. 2. Compensation. No lower payment in dividends (15%), options, bonuses, loans, health insurance, cars, life insurance, house, boat, trips. Anything other than bare bones health insurance has to be taxed. And taxed at the person's regular rate. If it's a dividend from your own company - full tax. Retirement plan contributions by the company - taxed as income. Anything you get from the company should be taxable except employee only health insurance at the lowest level of coverage. Higher and family coverage taxed. That's closing serious loopholes.