Thursday, February 14, 2013

Who's the richest in Congress, where do they invest it, who owns them?

Personal Finances: Overview

In some ways, lawmakers' finances look a lot like those of many Americans. They include diverse portfolios of stocks, bonds, mutual funds and real estate. They have bank accounts, credit cards and mortgages. The difference:

Politicians generally have more money and — unlike most people they represent — they must make their investments public. Another difference: Politicians routinely have access to non-public information that, before passage of the STOCK Act, they could legally use to guide their trading on the stock market. Read more about the STOCK Act.

Why does this matter?
Richest Members of Congress
NameMinimum Net WorthAverageMaximum Net Worth
Michael McCaul (R-Texas)$306,437,919$500,624,461$694,811,003
Darrell Issa (R-Calif)$215,550,040$480,325,019$745,099,999
John Kerry (D-Mass)$184,268,546$235,976,804$287,685,063
Mark Warner (D-Va)$86,024,219$228,129,609$370,235,000
Jared Polis (D-Colo)$83,065,361$214,946,679$346,827,997
John K. Delaney (D-Md)$46,886,140$139,025,569$231,164,999
Jay Rockefeller (D-WVa)$63,082,021$102,706,012$142,330,003
Richard Blumenthal (D-Conn)$79,606,299$100,190,174$120,774,049
Vernon Buchanan (R-Fla)$-63,427,724$95,327,629$254,082,982
Nancy Pelosi (D-Calif)$7,776,073$94,162,532$180,548,992
See More data>