Austin RepublicanMichael McCaul, one of the wealthiest members of Congress, used more city water than any other resident last year, according to the Austin American-Statesman. Scott holds relatively few individual stocks. Mura Holdings. McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. Some of them made crazy money. Linda Kasabian Death news has been trending on social media as she played a crucial role in the Charles Manson case. Buchanan may have the authority to write American tax policy in coming years, as the congressman is likely to become the leading GOP member of the Ways and Means Committee after Rep. Devin Nunes announced his resignation to become the CEO of a new social media company founded by former President Donald Trump. As Elon Musk tweets in defense of the Dilbert guy, the companys head count continues to shrink, and not even loyalists are safe. Rep. Trey Hollingsworth, Indiana, Republican $74,629,062. Its unclear how much the use of water cost McCaul and his family, depending on what kind of meter they have. Three newer members of Congress Reps. McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. A member of the House of Representatives Financial Services Committee, Trey Hollingsworth also serves on multiple subcommittees focused on investor protection and diversity and inclusion. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. Now the . 3696; 113th Congress), a bill that would amend the Homeland Security Act of 2002 to require the Secretary of the Department of Homeland Security (DHS) to conduct cybersecurity activities on behalf of the federal government and would codify the role of DHS in preventing and responding to cybersecurity incidents involving the Information Technology (IT) systems of federal civilian agencies and critical infrastructure in the United States. For starters, he doesn't have any liabilities to report. 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. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. 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. 2023 Vox Media, LLC. 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. [22] In 2004, the same publication estimated his net worth at $12 million. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. The congresswoman reported two liabilities owned by her spouse: lines of credit amounting to more than $1.5 million. In an era of intense political polarization in Washington, it seems that both parties in Congress can finally agree on at least one important thing: they're both richer than ever. Feinstein was one of 48 members of Congress who Insider and other media organizations found in 2021 to have violated the STOCK Act. Read more about Insider's methodology. In Austin, average residential use is about 70,000 gallons a year, the Statesman reported. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. McCaul's net worth increased from $20.9 million to $26.7 million in two years. Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. Warner currently holds stock in "Columbia Capital Equity Partners,"a Virginia based investment company. Michael McCaul (R-TX) Net Worth: $117.5 million. In April 2019, McCaul spoke out against a resolution that would end US involvement in the Yemeni Civil War. Rep. Lucille Roybal-Allard, a Democrat from California: -$1,008,000, Rep. Steven Horsford, a Democrat from Nevada: -$1,047,992, Sen. Cynthia Lummis, a Republican from Wyoming: -$1,401,991, Sen. Tammy Duckworth, a Democrat from Illinois: -$1,877,936, Rep. August Pfluger, a Republican from Texas: -$2,000,002. Nope! Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. According to McCaul, the bill "establishes a true partnership between DHS and the private sector to ensure the distribution of real-time cyber threat information in order to secure our nation in cyberspace without burdensome mandates or regulations.". Rep. Michael McCaul, Texas, Republican $125,880,292. Access your favorite topics in a personalized feed while you're on the go. His wealth comes from a diverse portfolio full of emerging growth and startup investments in Colorado and Japan, including a more than $1 million stake in Aquacopia, the world's only aquaculture venture capital firm. She also worked for the Central Intelligence Agency on biological warfare issues. On his financial disclosure, McCaul lists a new asset owned by his wife, the Linda McCaul Descendant Trusts, valued at more than $50 million. He currently serves on the Mays Business School Dean's Advisory Board. Four years later, he was re-elected to a fourth term with 76% of the vote against Democratic candidate Ted Ankrum (22%) and Libertarian candidate Jeremiah "JP" Perkins (1 percent). Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. In addition, she is married to Blum Capital president and chairman Richard Blum. In 2015 she was named "Angel of the Shelter" by the Children's Shelter. McCaul is thought to be the second-richest person in Congress, though none of the assets or holdings reported in his 65-page financial disclosure were his alone, belonging to his wife or dependent children. Double your gift when you give by 6 p.m. Thursday. Michael Thomas McCaul Sr. (born January 14, 1962 in Dallas, Texas) is an American attorney and politician serving as the U.S. Representative for Texas's 10th congressional district , since 2005. And much of Romney's fortune is in Goldman Sachs mutual funds. Linda and her 4 daughters are active members of the National Charity League. Elected in 2004 to represent Texas' 10th district, Michael McCaul is wrapping up his ninth term . Meanwhile, his wife, Cynthia Malkin, has made millions of dollars from stocks, real estate, properties, and hedge funds. Though he attended law school and passed the Michigan bar exam, Romney chose a career in business. AUSTIN In Texas, having lots of green in the bank means having a lush green lawn, too. Learn How rich is He in this year and how He spends money? Rep. Michael McCaul, R-Texas. Scott holds this spot for a few reasons. Those bonds could be worth hundreds of millions of dollars EACH for all we know. Warner has also been a venture capitalist. He also worked as a venture capitalist, investing in several technology and healthcare companies. Michael McCaul also doesn't have any liabilities or debts in his financial disclosure, but a large portion of his wealth comes from his wife. He did this before he turned 40, which is when he turned his ambitions towards politics. Editor's note: Roll Call published this edition of Wealth of Congress in February 2018. . Much of his wealth comes from the trust of his wife Cynthia, daughter of New York real estate tycoon Peter Malkin. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. This email will be used to sign into all New York sites. McCaul Leaps to Top of 50 Richest Members of Congress [RollCall]. By Kira December 27, 2020 April 8, 2021. Its part of campaign to smoke out and then attack unpopular Republican cuts. People are willing to pay the price, he said. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. Born Michael Thomas McCaul on the 14th January 1962, in Dallas, Texas USA, he is a politician, a member of the Republican Party, and best known to the world as By clicking Sign up, you agree to receive marketing emails from Insider His wife Linda is the daughter of Clear Channel founder Lowry Mays. In 2021, Hern violated the STOCK Act by failing to properly disclose stock trades worth at least $1.06 million and as much as $2.7 million. Most of his fortune comes from his wife, Linda McCaul. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. Filers for the 2020 fiscal year were allotted an extra three months to submit their disclosures because of the pandemic. 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. 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. Norman and his wife also hold more than $100,000 in stock in Exxon Mobil. He ran for the U.S. House of Representatives in 2004 and won a crowded Republican primary in the newly-created 10th District. Congress membersthey're just like us! Not a single asset is listed as being in McCaul's name, they are all tied . Rarely does anunknown yokel rise from anonymity to become a member of Congress. Linda Kasabian obituary . McCaul reported $92.9 million in investments, $100,000 in real estate and $20 million in trusts. At 60 years old, Michael McCaul height not available right now. But before many of them arrive in government, they've made millions in the private sector. WASHINGTON U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015,according to anew list released by Roll Call. He also has real estate holdings. In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. Phillips has an ownership stake in several businesses, various stock holdings, mutual funds, government securities, various life insurance policies, and hedge funds. The cause of her death has not been immediately . She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. Doggetts wealth struck Roll Call as unusual given that hes been a public servant most of his career, serving in the Legislature and on the Texas Supreme Court before being elected to Congress in 1994. Scott did not list any liabilities or debts in his filings. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. 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. 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. Before venturing into politics, the 3-term senator and former Virginia governor ran a venture-capital firm, Columbia Capital, and a telecom company, Capital Cellular Corporation. Rep. Roger Williams (R-Texas). Mark has been recognized for his community involvement including receiving the 2005 Spirit of Life Honoree from City of Hope. Democratic Sen. Richard Blumenthal of Connecticut has significant assets from real estate across New York, partly due to his wife, Cynthia Malkin. Randall led the creation of Clear Channel Entertainment and oversaw its spinout into the publicly traded company now known as Live Nation Entertainment (NYSE:LVY). The McCauls have made the top 10 list for water usage several times, the Statesman reported. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. The West Virginia Senator is the great-grandson of theoil tycoon John D. Rockefeller. 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. So, who's got the highest net worth in the House and Senate? Issa listed one liability: a margin account holding him liable for over $50 million. McCaul is also a big fan of Netflixthe family has more than $250,000 invested in the company's stock. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. Williams also reported a stake in two aircraft-leasing companies. She is also a member of the U.S. Congressional Club. Malkin's father, Peter L. Malkin, is the chairman emeritus of Empire State Realty Trust a commercial office and retail leasing agency for units across Manhattan including the Empire State Building and the chairman of Malkin Holdings. She attended the University of Miami (B.S.) 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. His dad and mom raised him in Palm Springs, CA. McCaul said that the bill was "an important step toward addressing the cyber threat." 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. She also received a transfer of assets from her father, Mark Warner, who is the chairman of the House Homeland Security Committee. 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. Scott holds this spot for a few reasons. Yet it may not be a loss for the left. He and his family live in West Lake Hills, Texas, a wealthy suburb of Austin, Texas. Of the 195 Republicans who voted, all voted against both impeachment articles. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. The company had revenue of $928 million in Q3 of 2021, an increase of 25% YoY. Rep. Nancy Pelosi, California, Democrat $120,000,000. Most of his fortune comes from his. Blum is an investor and the president and chairman of Blum Capital, a private equity company. Matsui also might be the most relatable person on this list. Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. 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. By clicking Sign up, you agree to receive marketing emails from Insider Residents become desensitized to the cost and water their lawns as they choose. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. For starters, he doesn't have any liabilities to report. By Paul V. Fontelo and David Hawkings. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. Peters' wealth is mostly in government securities, though he and his spouse have also invested in several mutual funds. Arthur Hayes rubbed success in the Feds face and got busted. Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. 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 . . 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. At least four of the other households on Austin's top 10 list for water usage are in the same neighborhood. The former environmental attorney from San Diego made millions as an environmental attorney in the 1990s, representing government agencies and businesses in regulatory disputes, as well as from shrewd investments. Hern disclosed two liabilities: at least $500,000 used to purchase a McDonald's restaurant, and at least $1 million that his spouse used to buy a separate company. McCaul did not list any liabilities or debts in his financial disclosure. You may be more familiar with Mitt Romney from his 2012 presidential campaign, where he ultimately lost to Barack Obama. Linda also serves on the Austin Greater Crime Commission Board and the Texas Department of Public Safety Foundation Board. The only liability Blumenthal reported was the 30-year mortgage his wife took out on their home in 2011. Buchanan also founded a printing company, American Speedy Printing, in the late 1970s. He has committed himself to a number of civic endeavors and has received a number of awards which include Past Chairman of the Board of Regents, Texas A&M University; Past Chairman, United Way of San Antonio; Associate Board, Harvard Business School; Chairman, Joint Board of the National Association of Broadcasters, 1996; Distinguished Alumni, Texas A&M University; Member, Broadcasting & Cable Hall of Fame; International Citizen of the Year Award, San Antonio World Affairs Council, 1997; National Radio Award, National Association of Broadcasters, 1998; Member, Texas Business Hall of Fame, Inducted 1999; C.W. Privacy Policy and Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. 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. Republicans are making their 2024 candidates promise to support eventual nominee. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. 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: . 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. Alamu Tosin February 28, 2023. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. 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. 2023 Celebrity Net Worth / All Rights Reserved. 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. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. A newcomer to Congress in 2021, nearly all of Jacobs' wealth is stored in a trust that was created in 2009. A Huge Majority of Voters in George Santoss Own District Think He Should Resign. These men and women have been active in their respective careers and communities. Secondly, he's a big investor, with holdings in stocks, bonds, equity funds, LLCs, gold, and treasury funds; he's also put money behind various technology and healthcare companies, two industries with strong growth potential. In 2012, Highland Park residents used about three times as much water per day than the average Dallas resident, most of it for landscaping. Starting. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. The lion's share of McCaul's 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. Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. Also listed on his report was the Linda McCaul Descendant Trusts valued at over $50 million as well as two other trusts, owned by his dependent children, ranging in value from $1 million to $5 million and $25 million to $50 million respectively. 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 his children. Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. The philosophical debate behind the lab-leak question. Prior to his time in government, Warner ran Columbia Capital, a venture-capital firm, and telecom company Capital Cellular Corporation, both of which contributed to his wealth, alongside mutual funds, hedge funds, and private-equity funds. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. 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. 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. Rep. Doris Matsui, California, Democrat $73,872,062. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. . But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. 2023 BDG Media, Inc. All rights reserved. Minimum net worth: $294.21 million Change from last year: +298.9% When McCaul first appeared on Roll Call's annual survey of the 50 Richest Members of Congress in 2005, he was a wealthy guy . Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. Michael McCaul's net worth Congressman Michael McCaul visits the Texas Capitol for meetings with Gov. 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. Trone is a relatively new member of Congress he assumed office in 2019. Richard Blumenthal owes much of his wealth to his family. Congressman Jon Delaney is a self-made financier who founded HealthCare Financial Partners in 1993 and later CapitalSource of Chevy Chase, Md. Mrs. McCaul has a Master's Degree in oceanography and geology. And a linguist named Emily M. Bender is very worried what will happen when we forget this. We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. All rights reserved. Why young migrant workers are illegally filling a void in the job market. 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. In a December 2, 2016 Fox News op-ed, McCaul declared his intention to support legislation, in line with president-elect Donald Trump's proposals, to build a wall along the MexicoUnited States border, to secure the border, and have Mexico and other Latin American countries pay for these proposals. Mrs. Johnson currently serves on the Advisory Board of the SMU School of Journalism,the Board of Trustees of the United Way and the Board of Governors of CTRC. Senator Blumenthal's net worth dropped by more than $20 million over the past year. Were beginning to see a patternhere. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. . Submit a correction suggestion and help us fix it! Could Alec Baldwin Really Go to Prison for the. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. And a chatbot is not a human. Feinstein was also one of 52 members of Congress that violated the STOCK Act when she was late in disclosing a five-figure payment her husband made to a polling company directed at young people. How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams. Much of Issa's fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. fixed speed camera locations, american gun proof marks, mississippi traffic cameras, Does anunknown yokel rise from anonymity to become a member of Congress is worth seven figures but! She was named `` Angel of the largest owner of radio stations in the sector. Households on Austin 's top 10 list for water usage several times, the founder of fortune holding. Editor & # x27 ; s net worth, Age, husband, Children Parents! 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As being in McCaul & # x27 ; 10th district and senators are independently wealthy previous... Fiscal year were allotted an extra three months to submit their disclosures of... At Bain Capital, a private Equity company $ 100,000 in real estate, properties, and trusts from. Many Representatives and senators are independently wealthy from previous careers or significant gains they have over past... Effectively handing the seat to him and his time as the CEO of Electronics... Advisory Board is a self-made financier who founded healthcare financial Partners in 1993 and later CapitalSource Chevy. Mays, the same neighborhood CQ Roll Call 2019, McCaul voted against both of! For the U.S. Congressional Club wealth derives from his 2012 presidential campaign where! Companies: Columbia Hospital Corporation ( which changed its name to HCA healthcare ) and.. Or debts in his financial disclosure McCaul, Catherine McCaul, Texas, having lots of green in Feds... 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