By clicking Sign up, you agree to receive marketing emails from Insider For the 49 members who went from a negative net worth to a positive net worth, the average increase was $3.4 million per member.[29]. Carter recently sold more than $1 million of his stake in his company, and he owns a more than $5 million stake in an index fund. Mitchell won't seek reelection this November. U.S. Speaker of the House Nancy Pelosi (D-CA) delivers remarks from the House Chambers of the U.S. Capitol Building on November 17, 2022 in Washington, DC. How Much Is Sen. Mitch McConnell Worth? - Forbes Researchers used data provided by OpenSecrets.org to calculate the change in net worth of each congressional incumbent from either 2004 or the year he or she was first elected, if that year was after 2004.[6]. The data also includes some former members, whose net worth would have been calculated at the end of their term in the 112th Congress. Rep. Blaine Luetkemeyer is a six-term congressman from Missouri who operates a 160-acre farm and also has been in banking and insurance. 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. Rep. Nita M. Lowey has served in Congress since 1989, and currently represents New York's 17th District located in southern New York State, just north of New York City. 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. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Biggest wealth increase in Congress, 2008-2018 Export to CSV Not all politicians come into office wealthy - but many leave that way. 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. Mortgages reported on properties that were not listed as assets were excluded from the wealth calculations, but are displayed on our profiles of the corresponding officials.
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