The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. As a result, McCaul's reported net worth jumped from at least $73.75 million in 2009 to at least $294 million in 2010, according to Roll Call's prior assessments. Elected in 2004 to represent Texas' 10th district, Michael McCaul is wrapping up his ninth term . 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. Linda Kasabian net worth . Michael McCaul Net worth Growth. He also started Directed Electronics, a company that creates theft deterrents, and is CEO of Greene Properties, a real estate investment company with holdings throughout San Diego North County. 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. Net Worth: $258-$380 million Residence: United States Position: Member, House of Representatives McCaul is a fourth generation Texan from Dallas. Discover today's celebrity birthdays and explore famous people who share your birthday. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. All rights reserved. Linda Kasabian obituary . These five members' negative estimated wealth stemmed from high-priced mortgages: Editor's note: Rep. Frank Mrvan, a Democrat from Indiana, originally appeared among the 25 wealthiest members of Congress. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. By clicking Sign up, you agree to receive marketing emails from Insider So, how much is Michael McCaul worth at the age of 60 years old? For starters, he doesn't have any liabilities to report. Born in San Antonio, Texas, Mark and his wife Patti have six children. By signing up you agree to our Terms of Service and Privacy Policy, Stand with us in our mission to discover and uncover the story of North Texas, Michael McCaul, one of Congress' richest members, used more water in 2017 than any Austin resident, Highland Park residents used about three times as much water, Author of Texas drag bill says video of him wearing dress was a joke back in school, Judge rules in favor of Michael Irvin in request for expedited evidence in $100M lawsuit, Dallas-Fort Worth could see severe thunderstorms, large hail, tornadoes Thursday, Former DPD chief David Brown returning to North Texas after resigning as Chicagos top cop, Corby Davidson, radio co-host of The Tickets Hardline, has rare benign tumor, New apartment project coming for Allens downtown district, Smoke-filled Spirit Airlines flight from DFW Airport diverted after battery fire, Target plans new store in Oak Cliffs Wynnewood Village, Southwest Airlines ups its caffeine game by introducing in-flight bottled iced coffee, Ray Washburne buys downtown Dallas landmark Founders Square building, Oak Cliff apartment project will bring affordable units, skyline view of Dallas, Ray Davis optimistic, anxious about Rangers season amidst tumultuous TV situation, Hot List: 16 great restaurants to visit in Dallas-Fort Worth in March 2023, Ross Perot Jr.s Hillwood buys California NASCAR track for estimated $543.7 million. About Michael Thomas McCaul, Sr. Senator Blumenthal's net worth dropped by more than $20 million over the past year. Doris Matsui has built her fortune through exchange-traded funds, money-market funds, LLCs, and trusts. On the other side,U.S. Rep. Rubn Hinojosa, D-Edinburg, was named one of Congress' poorest members. McCaul worked as an attorney and a federal prosecutor before entering politics. 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. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. It's possible he does have some form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. The House Oversight and Government Reform Committee chairman tops the list, thanks to the fortune he amassed manufacturing car alarms. he 15 wealthiest members of Congress are worth a combined $1.3 billion. The McCaul family notably reported millions in limited liability companies and iShares funds, and at least $250,000 worth of Netflix stock. Members of Congress earn a salary of $174,000, which is well over twice the national average household income. 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. How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. 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 . But many representatives and senators are independently wealthy from previous careers or significant gains they have made outside of their legislative work. The congressman owns an extensive array of real property, mutual funds, and several individual retirement accounts. Read more about Insider's methodology. 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. Get the latest politics news from North Texas and beyond. The wealthiest 15 members were worth at least $1.3 billion, half of Congress' wealth. Actor. Hern joined the House of Representatives in 2018. U.S. Blake Farenthold, R-Corpus Christi, ranked 121st with a net worth of $2.4 million. Most of the fortune comes from his wife, Linda McCaul, the daughter . Right-wing board to clamp down on woke ideology in cartoons. Obernolte did not report any liabilities or debts. Kara Swisher talks with the Council on Foreign Relations president about Bidens spy-balloon-size missed opportunity. Jay is an heir to oil tycoon John D. Rockefeller. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. Top editors give you the stories you want delivered right to your inbox each weekday. Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. 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. . Insider used these members' "candidate reports," some of which include financial data from 2021. Rep. Don Beyer of Virginia is a major auto dealer in the Washington, DC area. Can you guess whats total rubbish and whats something an honest-to-God prince wrote in an actual book? In Austin, residents are restricted to one or two days of watering per week and only during certain hours of the day. 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. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. 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. In addition, lawmakers do not have to include their principal residences. She is a journalism graduate of The University of Texas at Austin and has previously interned for USA TODAY College, The Austin American-Statesman and The Daily Dot. The representative reported one liability: a mortgage worth at least $15,001 through JPMorgan Chase. print date('Y'); ?> Mays Family Foundation. Her body was cremated and her cause of death was not revealed. In a statement, Mrvan said: "I am responsible for the actions of my office, and I take sole responsibility for the honest data entry error on my financial disclosure form. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Double your gift when you give by 6 p.m. Thursday. Peters reported two liabilities worth at least $30,000 in total, for "revolving credit.". Some who have paid the price in Dallas include former Texas Rangers and Dallas Stars owner Tom Hicks, who led the citys list in 2011. 13. 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. 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. McCaul said that the bill was "an important step toward addressing the cyber threat." Linda Mays McCaul is the daughter of Lowry Mays, one of the founders of iHeartRadio. Why young migrant workers are illegally filling a void in the job market. Of the 195 Republicans who voted, all voted against both impeachment articles. *Sorry, there was a problem signing you up. The sport desperately needs to change, no matter how loudly purists complain. It Sure Doesnt Seem Like Havana Syndrome Is Russias Fault. Net Worth: $108 million 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. In 2009, he received the Ward Quaal Pioneer Award, Broadcasters Foundation of America. Scott did not list any liabilities or debts in his filings. Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). 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. A salary of $ 174,000, which is well over twice the national average household.... 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