In April 2019, McCaul spoke out against a resolution that would end US involvement in the Yemeni Civil War. Issa listed one liability: a margin account holding him liable for over $50 million. Recognizing the humanitarian crisis in Yemen, McCaul explained his belief that approving the resolution would "disrupt US security cooperation agreements with more than 100 countries.". Randall is also the Co-Founder of the NeuroElasticity Project, while learning and exploring opportunities within Consciousness. Williams also reported a stake in two aircraft-leasing companies. On Thursday, the Center for Responsive Politics released the 2012 personal finances of the members of Congress, revealing that for the first time, a majority of Washington lawmakers are millionaires. Your donation keeps our trusted reporting free and accessible for all Texans and during a legislative session when lawmakers are set to tackle issues from school choice for K-12 students to school safety improvements to changes in property taxes, its critical that Texans know what lawmakers decisions mean for their futures. NEGAUNEE TOWNSHIP, MI - Linda L. Lahti, 69, of Negaunee Township, passed away peacefully early Sunday morning, February 26th, 2023, at UP Health System - Marquette. Beyer reported at least $8.6 million in liabilities, almost all of which were mortgages on various properties he owned. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. His financial filings indicated that each of Issa's assets is jointly owned. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. Linda Kasabian cause of death. They have five children and reside in Austin, Texas. 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. McCaul worked as an attorney and a federal prosecutor before entering politics. Some of them made crazy money. 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. Submit a correction suggestion and help us fix it! Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. Members of Congress earn a salary of $174,000, which is well over twice the national average household income. His district stretches from Austin to Houston. Three other Texans made the top-50 list, while one Texan was on the list of poorest members. In 2005, he received Radio Ink's Lifetime Leadership Award. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. She has served and supported a number of organizations in San Antonio which include Chairman of the Board and President of the Charity Ball Association; Advisory Board of Texans CAN; President of the Cancer Center Council (CTRC); President of the Cystic Fibrosis Foundation; President of Young Art Patrons (SAMA); the Advisory Board of the Animal Defense League; the Blue Ribbon Committee of the Girl Scouts;the Advisory Board of the Cancer Center Council;Family Service Association; Task Force to Strengthen the United Way; Big Brothers Big Sisters and the San Antonio Public Library. Roughly one in ten of the 535 members of the House and Senate rank among the nation's top one percent in terms of personalnet worth. He also has a blind trust worth at least $25 million that he set up after he was elected to Congress. By Kira December 27, 2020 April 8, 2021. Warner has also been a venture capitalist. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. Romney also reported $4.5 million in "capital commitment" liabilities from his wife. 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. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. Each year, Roll Call's reporters scour each member's financial disclosure forms to determine the "Wealth of Congress.". The company, now called iHeartMedia, is a $6.3 . In 1994, Kathryn was named Volunteer of the Year by the Cystic Fibrosis Foundation, in 2013 was the "Mother of the Year" honoree of Avance, and in 2014 was given the Lifetime Achievement Award from San Antonio Can. 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. She is also a member of the U.S. Congressional Club. 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. Michael McCauls income source is mostly from being a successful Politician. 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. The congressional money list is in and Texas can once again claim some high rollers, or at least high earners, with the wealthiest members of Congress from the Lone Star State topped by three Austin members: Michael McCaul, Roger Williams and Lloyd Doggett. Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015, according to a new list released by Roll Call. Together they own large stakes in companies like Facebook, Apple, Comcast and Disney. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. Blumenthal's fortune is held almost entirely by his wife, Cynthia Malkin, with millions of dollars reported in various hedge funds, stocks, and real estate and property partnerships. Much of his wealth comes from the trust of his wife Cynthia, daughter of New York real estate tycoon Peter Malkin. Insider's analysis does not include four members of Congress whose disclosures were uniquely complicated and lengthy, comprising hundreds of pages of handwritten or scanned documents: Reps. Ro Khanna of California, Vicente Gonzalez of Texas, Kurt Schrader of Oregon, and Harold Rogers of Kentucky. Both of those businesses played a major part in his massive wealth. He also received an M.B.A. in Finance and Accounting from Columbia University in 1989. In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. These men and women have been active in their respective careers and communities. He also served as the US ambassador to Switzerland and Liechtenstein under former President Barack Obama. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. U.S. Rep. John Carter, R-Round Rock, ranked 192nd with a net worth of $1.2 million. Rarely does anunknown yokel rise from anonymity to become a member of Congress. Mr. Mays, Founder and Chairman Emeritus of Clear Channel Communications, served on the Board of Regents of Texas A&M University, where the Mays School of Business bears his name. He largely invested in deals brought forth by other partners, rather than identifying them himself, but negotiated a nice profit-sharing agreement when he left in 2002the company still pays him millions of dollars every year. The Key Moments From Alex Murdaughs Testimony and Murder Trial. 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. Buchanan recently came under fire for purchasing a yacht estimated to be valued between $1-5 million dollars the same day he voted for the Republican tax cuts bill in 2017. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Though he attended law school and passed the Michigan bar exam, Romney chose a career in business. The only assets that Pelosi reported owning or joint-owning were her home in Napa, California, and a Wells Fargo bank account containing less than $15,000. #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. Upton's fortune mainly derives from an appliance company that his grandfather founded, Whirlpool, which the congressman reported holding at least $1 million of stock in. That is the highest disclosure category. The McCaul family chose to have some data about their usage redacted, the newspaper reported, but the house behind him on the list used 1,400,900 gallons. His mom, Laura, is an American professional golfer who . Among his liabilities are a plane and a yacht; in total, he's liable for $14 million. This site is protected by reCAPTCHA and the Google . The city threw out a Democratic mayor for the first time in decades. Insider removed him from the list when Mrvan acknowledged filing an incorrect personal financial disclosure that erroneously inflated the value of a retirement account by tens of millions of dollars. The Colorodo lawmaker (and his parents) foundedan online greeting card company which he later sold for $780 million, as well as the webiste ProFlowers.com. Politics is often called a rich man's game, and that holds true for the 10 richest members of Congress. Malkin is the daughter of real estate mogul Peter Malkin. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. Mrs. McCaul has a Master's Degree in oceanography and geology. She attended the University of Miami (B.S.) Despite the hype about Ron DeSantis surging past Donald Trump, both Republicans look unusually strong at this early stage of the presidential race. The bulk of Obernolte's fortune stems from his ownership of FarSight Studios, a video-game company in Big Bear Lake, California, that he launched in 1988. 250 W. Nottingham Dr. Ste #400 | San Antonio, TX 78209 | (210) 832-3305, David E. Green | Managing Director | Email, Website by Texas Creative | Admin Login | Terms & Conditions | Contact Us. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. McCaul's minimum net worth has more than sextupled since his first financial disclosure report covering 2004, when his minimum net worth hovered around $12 million. 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 . The trust contains government securities, mutual funds, and more than $6 million in stock of Qualcomm, a semiconductor company co-founded by her grandfather, Irwin M. Jacobs. , money, salary, income, and assets. Taking a closer look, the median net worth for the House was $896,000 (Democrats averaged 929,000 and Republicans 884,000), while the average Senator is sitting on roughly $2.5 million (Republicans averaged $2.9 million and Democrats $1.7 million). With 157,166 votes (51.1 percent), he defeated Democrat Mike Siegel, who polled 144,034 (46.8 percent). Meanwhile, his wife, Cynthia Malkin, has made millions of dollars from stocks, real estate, properties, and hedge funds. Vern Buchanan has reported ownership interests in about 50 businesses. The only liability Blumenthal reported was the 30-year mortgage his wife took out on their home in 2011. She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Linda Kasabian obituary . He also owns at least $500,000 of stock in Austin-based Whole Foods and three rental properties near the state capital.. So, how much is Michael McCaul worth at the age of 60 years old? Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. Troy Carter, Melanie Stansbury, and Jake Ellzey have not filed their official financial-disclosure reports. Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. 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