Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. So, how much is Michael McCaul worth at the age of 60 years old? He rejoined Congress in 2021. Blum is an investor and the president and chairman of Blum Capital, a private equity company. His most successful include a series of car dealerships and American Speedy Printing, a printing company that expanded to more than 730 stores across 44 states. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. McCaul's net worth increased from $20.9 million to $26.7 million in two years. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. McCaul's spokeswoman told the newspaper the family has had chronic pipe issues. It was a good move, as he eventually joined Bain & Company. Since then, the state has allowed some residential water users to opt for confidentiality. Mark graduated from Vanderbilt with a B.A., cum laude, in Economics and Mathematics in 1985. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. McCaul said that the bill was "an important step toward addressing the cyber threat." He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. He and his family live in West Lake Hills, Texas, a wealthy suburb of Austin, Texas. Michael McCaul (Michael Thomas McCaul) was born on 14 January, 1962 in American, is an American politician. 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. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. He was the Chief of Counterterrorism and National Security for Texas's branch of the US Attorney's office, and also worked under the Department of Justice's Public Integrity Section. Sen. Richard Blumenthal, Connecticut, Democrat $85,231,232. Learn How rich is He in this year and how He spends money? We will update Michael McCaul's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. She is married to Congressman Michael McCaul, who is serving his 6th term in the U.S. Congress and is Chairman of the Homeland Security Committee. This site is protected by reCAPTCHA and the Google He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. Linda Mays McCaul is the daughter of Lowry Mays, one of the . For more on Roll Call's Wealth of Congress list, read the paper'sfull article. 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 . 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. Before joining the Senate, Mark Warner served as governor of Virginia. Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. Here are the richest members currently serving in the House and Senate, based on their reported net worth. McCaul, chairman of the House Homeland Security Committee, is the fifth-richest member of Congress with a net worth of $113 million, according to Roll Call. 5. After he left, McCaul took a position as a Deputy Attorney General in 1999 with the Texas Attorney General's Office and served in this capacity until 2002. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. McCaul also completed the Senior Executive Fellowship at the Kennedy School of Government of Harvard University. 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. 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. Minimum net worth: $305.46 million McCaul tops the list for the second year in a row with a reported minimum net worth that broke the $300 million mark. He is from American. and Texas A&M University (M.S.). They then sold it off for at least $2.5 million. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. A Huge Majority of Voters in George Santoss Own District Think He Should Resign. Taking into account various assets, Linda's net worth is greater than $499,999; and makes between $250K+ a year. 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. This password will be used to sign into all, How the Richest Member of Congress Got That Way. Also learn how He earned most of networth at the age of 58 years old? Warner currently holds stock in "Columbia Capital Equity Partners,"a Virginia based investment company. She reported at least $165,000 in liabilities in the form of credit-card debt through various banks. Rose submitted information for one liability: a monthly balance on his credit card amounting to at least $15,001. How did McCaul make his money? She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. The congressman served for 18 years in Congress before briefly leaving and becoming President Donald Trump's nominee to head the US Trade and Development Agency. 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). Vern Buchanan has reported ownership interests in about 50 businesses. Its part of campaign to smoke out and then attack unpopular Republican cuts. Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. Submit a correction suggestion and help us fix it! Terms of Service apply. His trial is set for early 2020. Insider compiled members' annual disclosures filed this year, analyzing thousands of pages of documents to estimate the minimum and maximum net worth of members of the US Senate and the US House of Representatives, including nonvoting delegates. Rick Scott is the wealthiest member in Congress, with a net worth north of $200 million. Additionally, the median net worth of politicians in Congress also exceeded $1 million, with 238 of the 534 members living above the $1 million mark. Currently serving as representative for the 10th congressional district of Texas, Michael McCaul is an American politician with an estimated net worth of $305.46 million in 2012. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). These are the 10 RichestMembers of Congress: Representative DelBene saw her wealth increase in the past year when the price of the stock she and her husband Kurt held in Microsoft rose substantially. 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 granddaughter of Irwin M. Jacobs, the co-founder of Qualcomm, a world leader in wireless technology with a stock price of around $156 per share as of March 9th of which she owns $6 million worth. Three other Texans made the top-50 list, while one Texan was on the list of poorest members. in the general election held on November 6, 2018, McCaul won an eighth term in the House. Democratic Rep. Scott Peters of California had a long career as an attorney in high-profile cases. He also worked as a venture capitalist, investing in several technology and healthcare companies. On December 18, 2019, McCaul voted against both articles of impeachment against Trump. 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. Members of Congress earn a salary of $174,000. 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 2015 she was named "Angel of the Shelter" by the Children's Shelter. But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. Trone's wealth is divvied up among mutual funds, exchange-traded funds, and ownership of several shops across the country specializing in wine, beer, and spirits: Total Wine & More. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. 6.Sen. That is the highest disclosure category. 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. Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. 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. By clicking Sign up, you agree to receive marketing emails from Insider 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. The philosophical debate behind the lab-leak question. His wife Linda is the daughter of Clear Channel founder Lowry Mays. The Brutal Layoffs at Twitter Just Keep Coming. 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. Trump made the same pledge in 2016, then said he wouldnt honor it. 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. His net worth has been growing significantly in 2021-2022. Here are the 15 richest members currently serving in the House and Senate and where the wealth comes from, according to a 2018 analysis by Roll Call. In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. 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. She explains the press to the president, preaches Twitter-is-not-real-life, and keeps the West Wing from leaking. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. She is the only woman in US history, as of this writing, to serve as Speaker of the House. Rep. Trey Hollingsworth is only 34 years old, but the Indiana Republican has a sizable fortune from his father, the founder of Hollingsworth Capital Partners, which renovates factories. As of 2018 he was the fifth-wealthiest member of Congress. 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. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. She is also a member of the U.S. Congressional Club. Its our 10th year participating in Amplify, and to celebrate, weve got $15,000 in matching funds from four generous Tribune supporters. 2024 Polls Show DeSantis Cant Easily Knock Out Trump. 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. The U.S. Is Choosing Child Labor Over More Immigration. Congressman Jon Delaney is a self-made financier who founded HealthCare Financial Partners in 1993 and later CapitalSource of Chevy Chase, Md. The public employee retirement fund amount should have been in the thousands and not millions. 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. 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. Richard Blumenthal owes much of his wealth to his family. Malkin is the daughter of real estate mogul Peter Malkin. Randall is also the Co-Founder of the NeuroElasticity Project, while learning and exploring opportunities within Consciousness. LIKE US ON FACEBOOK: Our Lone Star Politics page brings Capitol news to your Facebook feed. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. How he got there:Roll Call writes that "amassive arbitration award exceeding $1 million against Hinojosa from a failed food business along with tens of thousands of dollars of unpaid tax bills for that business" put Hinojosa as the sixth-poorest member. Oct. 29, 20153 PM Central. Gorguze'scontribution to the family household is significant, as she has at least $14 million in assets of her own. He currently serves on the Mays Business School Dean's Advisory Board. 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.". Shortly after his discharge from the military in 1980, Issa and his second wife Kathy Stanton sold their cars, borrowed $50,000 from friends, and combined their savings to invest in Quantum Enterprises, an electronics manufacturer that developed consumer products for other companies. 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. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. Privacy Policy and The city threw out a Democratic mayor for the first time in decades. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). Each year, Roll Call's reporters scour each member's financial disclosure forms to determine the "Wealth of Congress.". Senator John Kerry (D-MA). Editor's note: Roll Call published this edition of Wealth of Congress in February 2018. . The district was thought to be so heavily Republican that no Democratic candidate even filed, effectively handing the seat to him. In short, they had lives before they joined the United States government in an official capacity. And a linguist named Emily M. Bender is very worried what will happen when we forget this. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. So, who's got the highest net worth in the House and Senate? Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. Dan Patrick on border security on Feb. 18, 2015. 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. 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. 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