Prior to this, Randall spent over 15 years at Clear Channel Communications (now iHeartMedia) holding various leadership roles including Vice Chairman, President and CFO. 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. McCaul did not list any liabilities or debts in his financial disclosure. The Californians have been booted from Frogmore Cottage because the king (or the character invented by the U.K. press) has had enough of their abuse. 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. 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. Phillips has an ownership stake in several businesses, various stock holdings, mutual funds, government securities, various life insurance policies, and hedge funds. Highland Park, Austin and some other Texas cities use a tiered water rate system that increases the price the more a household uses. Lawmakers are not required to disclose certain classes of personal assets, such as the value of their personal residence, so these assets are not included in Insider's calculations. 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. In 2009, he received the Ward Quaal Pioneer Award, Broadcasters Foundation of America. Congress membersthey're just like us! 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. Other Central Texas lawmakers were ranked well below McCaul, Williams and Doggett: U.S. Rep. Lamar Smith, R-San Antonio, ranked 96th with $3 million net worth. Republican Rep. Vern Buchanan of Florida is a highly successful auto-dealer across the southeastern United States. His wife, Linda McCaul, is the daughter of the founder of Clear Channel Communications, which is now called iHeartMedia. Feinstein has at least $1 million in one account, while another blind trust holds at least $25 million. McCaul won a seventh term in the House in the general election held on November 8, 2016. Mark Warner (D-Va . Several cities try to conserve water by creating mandatory watering schedules for residents. Most of the fortune comes from his wife, Linda McCaul, the daughter . Malkin is the daughter of real estate mogul Peter Malkin. 13. Michael McCaul (R-TX) Net Worth: $117.5 million. Michael McCaul (R-Texas), Net worth: $143 million . In 2015 she was named "Angel of the Shelter" by the Children's Shelter. McCaul, a Republican and a perennial on the "rich list," has a net worth of $113 million, making him the fifth-wealthiest lawmaker of the 530 members of the U.S. House and U.S. Senate (there. Trone is a relatively new member of Congress he assumed office in 2019. Linda Kasabian Bio, Cause of Death, Net Worth, Age, Husband, Children, Parents, Siblings. Linda was born January 1st . Libertarian Mike Ryan Held another 6,627 votes (2.5 percent). #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. He appears to have made profitable investments in the states oil and gas industry that grew during his time on the state Supreme Court. 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. Republican Rep. Paul Mitchell of Michigan is not the hair products icon of the same name, but has been a corporate executive with a sizable portfolio. 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. You can't say that every member of Congress is worth seven figures, but the overwhelming majority are definitely multi-millionaires. Mr. Mays currently serves as Co-Managing Partner of Mays Family Enterprises and CEO of Running M Capital. 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. Jay is an heir to oil tycoon John D. Rockefeller. Texas Rep. Michael McCaul and his wife Linda McCaul, with triplets, from left, Lauren, Michael and Avery at their Sweet 16 party in August. It's possible he does have some form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. as well as other partner offers and accept our, Alex Wong/Getty Images; Kevin Dietsch/Getty Images; Bill Clark/CQ Roll Call; Hannah McKay-Pool/Getty Images; Rebecca Zisser/Insider, Chance Yeh/Getty Images for Power 100 Lunch, Bill Clark/CQ-Roll Call, Inc via Getty Images), Bill Clark/CQ-Roll Call, Inc via Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Michael Brochstein/SOPA Images/LightRocket via Getty Images, Kent Nishimura / Los Angeles Times via Getty Images, Anna Moneymaker/The New York Times via AP, Pool, placed his assets in a qualified blind trust, acknowledged filing an incorrect personal financial disclosure. Buchanan also has an LLC, Aircraft Holding & Leasing, which is worth up to $50 million. Scott holds relatively few individual stocks. Among his liabilities are a plane and a yacht; in total, he's liable for $14 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. The recently released wealth list fromRoll Call, a news outlet that covers Capitol Hill, annually compiles and ranks the financial reports of the members, which only require lawmakers to give broad ranges of value. 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. Submit a correction suggestion and help us fix it! McCaul's net worth increased from $20.9 million to $26.7 million in two years. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. They've been someone or done something that caught the eye of their party's leaders. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. Other notable holdings of Upton's include Apple, Raytheon, Amazon, Alphabet, Facebook, and Texas Instruments. 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. With 157,166 votes (51.1 percent), he defeated Democrat Mike Siegel, who polled 144,034 (46.8 percent). Issa's net worth takes a hit from his margin account, which holds him liable for more than $50 million. 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. 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). 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. We estimated the net worth of members of Congress by analyzing financial-disclosure reports. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. Michael McCaul Net Worth. DelBene's wealth is spread out among mutual funds, exchange-traded funds, and real-estate funds. And much of Romney's fortune is in Goldman Sachs mutual funds. In July, Phillips placed his assets in a qualified blind trust approved by the House Committee on Ethics, meaning he'll retain little control over his assets while he's a member of Congress. Net Worth: $258-$380 million Residence: United States Position: Member, House of Representatives McCaul is a fourth generation Texan from Dallas. She attended the University of Miami (B.S.) It's common for wealthy areas in Texas to use the most water. Matsui also might be the most relatable person on this list. 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. 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. 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. The lawyer and former federal. Get the latest politics news from North Texas and beyond. McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. 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. Discover Michael McCaul's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium. Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, DC. You must have JavaScript enabled to use this form. McCaul is the second-richest member of Congress, worth an estimated $113 million, according to CQ Roll Call. 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. This password will be used to sign into all, How the Richest Member of Congress Got That Way. In addition, she is married to Blum Capital president and chairman Richard Blum. His net worth was estimated at $294 million, about 300% higher than it was in the previous year ($74 million). The U.S. Is Choosing Child Labor Over More Immigration. In Tennessee, Even Abortion to Save a Womans Life May Be Illegal. form of debt, like a mortgage, but he hasn't publicly filed any kinds of liabilities. Rose submitted information for one liability: a monthly balance on his credit card amounting to at least $15,001. She also worked for the Central Intelligence Agency on biological warfare issues. McCaul, a Republican and a perennial on the rich list, has a net worth of $113 million, making him the fifth-wealthiest lawmaker of the 530 members of the U.S. House and U.S. Senate (there are a few vacancies) and the richest among Texas lawmakers. Senator Warner made an enormous fortune as a venture capitalist making shrewd investments early on in the cellular phone industry. Michael McCaul's net worth Michael Thomas McCaul was born on January 14, 1962 in Dallas, Texas. Romney also reported $4.5 million in "capital commitment" liabilities from his wife. This email will be used to sign into all New York sites. All rights reserved. The state has a near-total abortion ban, and now activists and GOP officials are fighting an exemption for physician-defined medical emergencies. 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. In the early 1980s, he convinced some investors to help him buy cellular telephone licenses and he acquired a big stake in Nextel. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." He is from American. Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. 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. He is a member of famous Politician with the age 60 years old group. 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. Rep. 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