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The Richest Members of Congress

Kerry falls behind with mere $193M

By Matt Cantor,  Newser Staff

Posted Sep 6, 2011 10:37 AM CDT | Updated Sep 10, 2011 11:15 AM CDT

(Newser) – It’s been a tough year for most of us, but the richest in Congress, it seems, have only gotten richer: This year’s 50 wealthiest members are worth a collective $200 million more than last year’s, the Hill notes. Among them:

  • With a minimum net worth of $287 million, Rep. Michael McCaul, R-Texas, knocked John Kerry out of the top spot this year, leading the rest of Congress by tens of millions. McCaul’s wealth comes largely from his family; his father-in-law founded Clear Channel Communications.

  • Rep. Darrell Issa, R-Calif., comes in at No. 2 with $220.4 million, some $60 million higher than last year. He founded the top American car security system manufacturer and got a lift this year from his companies’ commercial properties.
  • Former wealthiest guy in Congress, Massachusetts Democrat Kerry, saw his wealth climb $5 million in 2010; his net worth now stands at $193.3 million.
  • Meanwhile, freshmen have done well for themselves. Sen. Richard Blumenthal, a freshman Democrat, scored a spot in the top 10 with $54.9 million. Ten Tea Party freshmen also made the list.
Click through for the full list.

Rep. Michael McCaul.
Rep. Michael McCaul.   (Getty Images)
House Oversight and Government Reform Committee Chairman Darrell Issa.
House Oversight and Government Reform Committee Chairman Darrell Issa.   (Getty Images)
John Kerry attends the 2011 Pan-Massachusetts Challenge on August 6, 2011 in Bourne, Massachusetts.
John Kerry attends the 2011 Pan-Massachusetts Challenge on August 6, 2011 in Bourne, Massachusetts.   (Getty Images)
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COMMENTS
Showing 3 of 30 comments
theblueflame51
Sep 10, 2011 3:15 PM CDT
Is it any wonder why Congress doesn't want to take the rich but has no problem putting the burden on the middle class? 
ren1999
Sep 7, 2011 9:24 PM CDT
Most of the profits of Clear Channel are from the Stars Networks. The rich complain about pirated movies but it looks to me like they are making the most money from pay television movies.
JonmarkP
Sep 7, 2011 6:29 PM CDT
"Ten Tea Party freshmen also made the list." There's your "grassroots" movement right there. lol
 

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