linda mccaul net worth

In 2012, Highland Park residents used about three times as much water per day than the average Dallas resident, most of it for landscaping. Trump made the same pledge in 2016, then said he wouldnt honor it. Romney's wife, Ann, also boasts an extensive portfolio that includes millions invested in private-equity and hedge funds. Now the . She's gained wealth through her husband Roger Sant, who's the founder of Fortune 500 holding company AES Corporation. On Thursday, the Center for Responsive Politics released the 2012 personal finances of the members of Congress, revealing that for the first time, a majority of Washington lawmakers are millionaires. Nancy and Paul are prolific stock traders, much to the chagrin of some critics. He serves on the boards of Live Nation Entertainment, Digital Defense, Spinal Stabilization Technologies, BuildGroup Technology Fund, Saint Marys Hall and San Antonio Academy. 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. Khanna's father-in-law, Monte Ahuja, is also founder and CEO of the automotive transmission giant Transtar, another contributor to Rep. Khanna's substantial net worth. Obernolte, who joined Congress in 2019, also reported several investments worth millions in Vanguard tax-managed mutual funds. Members of Congress come from a wide range of backgrounds from local politics to business and entrepreneurship to professional sports and their fortunes vary greatly. He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. McCaul is thought to be the second-richest person in Congress, though none of the assets or holdings reported in his 65-page financial disclosure were his alone, belonging to his wife or dependent children. They then sold it off for at least $2.5 million. Can you guess whats total rubbish and whats something an honest-to-God prince wrote in an actual book? Hollingsworth's wealth primarily comes from his involvement with Hollingsworth Capital Partners, a Tennessee group that builds and markets industrial facilities in 17 states, according to his financial disclosure. Williams, a former Texas secretary of state, made his fortune from a Weatherford car dealership inherited from his father. He attended Trinity University and earned his. Sen. Richard Blumenthal, Connecticut, Democrat $85,231,232. Most of Buchanan's wealth comes from his Florida automotive empire. Linda McCaul is the daughter of Lowry Mays, the founder of the San Antonio-based Clear Channel Communications and its chairman until a stroke sidelined him in 2005. His vast auto mall that sells Jeeps, Chryslers and Dodges as well as other lots and related businesses are worth about $25 million. Kasabian passed away on January 21 at a hospital in Tacoma, according to a death certificate, obtained by TMZ. Prepare to be gobsmacked. In Tennessee, Even Abortion to Save a Womans Life May Be Illegal. The company focused on rebuilding old manufacturing sites and returning them to service; Hollingsworth also founded an aluminum remanufacturing company. McCaul won re-election again in 2008, against Democratic candidate Larry Joe Doherty and Libertarian candidate Matt Finkel by a 54 to 43 percent margin. Due to this influx of spousal wealth, McCaul unseated last years richest member of Congress, John Kerry the John Kerry married to Teresa Heinz Kerry of the ketchup fortune. Together they own large stakes in companies like Facebook, Apple, Comcast and Disney. Randall is also the Co-Founder of the NeuroElasticity Project, while learning and exploring opportunities within Consciousness. Your donation keeps our trusted reporting free and accessible for all Texans and during a legislative session when lawmakers are set to tackle issues from school choice for K-12 students to school safety improvements to changes in property taxes, its critical that Texans know what lawmakers decisions mean for their futures. After graduating from the University of Pennsylvania, Hollingsworth co-founded Hollingsworth Capital Partners alongside his father. Members of Congress are required to disclose the value of their assets only in broad ranges, such as $15,000 to $50,000. He is a member of famous Politician with the age 60 years old group. Senator John Kerry (D-MA). Finally, Scott has co-founded two healthcare companies: Columbia Hospital Corporation (which changed its name to HCA Healthcare) and Solantic. Amplify your impact and donate now. She is the daughter of Lowry Mays, the founder of the largest owner of radio stations in the country, iHeartMedia. A newcomer to Congress in 2021, nearly all of Jacobs' wealth is stored in a trust that was created in 2009. Sure, you have political donations, fundraisers to drum up the money, and money from either the Democrats or Republicans, but it still is an expensive endeavor. City to Pay Millions to Protesters Kettled by NYPD in 2020. 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. Senate and House of Representatives earn $174,000 per year in salary, and many have lucrative investments in businesses, whether their own or through stocks or index funds. It's possible he does have. In 2011, Roll Call named McCaul as one of the wealthiest members of the United States Congress, surpassing then U.S. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. Not a single asset is listed as being in McCaul's name, they are all tied to his wife. McCaul likewise added two trusts under the ownership of his dependent children, including one trust valued at $25 million to $50 million and another at $1 million to $5million. Not a single asset is listed as being in McCaul's name, they are all tied . Even as the economy sputtered in 2010, Texas congressman Michael McCaul saw his net worth skyrocket to $292.21 million 300 percent over where it stood in 2009 vaulting him to the top of Roll Calls annual list of the wealthiest members of Congress. They've been someone or done something that caught the eye of their party's leaders. Greg Abbott and Lt. Gov. (Courtesy McCaul's office) McCaul's triplets. The Brutal Layoffs at Twitter Just Keep Coming. Michael McCaul (R-TX) Net Worth: $117.5 million. 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). Williams' wealth is primarily split among mutual funds, a few select stocks, real property, and the ownership of several car dealerships in Texas worth more than $5 million. Norman also reported four liabilities worth a total of at least $2 million, each in connection to his property investments. Linda has many family members and associates who include Lowry Mays, Caroline Mccaul, Catherine Mccaul, Sharon Mays and Margot Mays. Trone's wife independently owned stock in Alphabet, Apple, and Pepsi, among others. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). Feinstein herself reported over $1 million in a deposit account, while a considerable portion of her wealth at least $25 million was held in a blind trust. Alamu Tosin February 28, 2023. DeSantis Promises Florida Will Control Disney Content. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio. McCauls wealth, derived from his wifes family, is, however, well known since Linda McCaul is an heiress to Clear Channel Communications founder Lowry Mays. By Kira December 27, 2020 April 8, 2021. Representative Polis, at 39, is the youngest of the ten wealthiest Congress members. Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. So, who's got the highest net worth in the House and Senate? Michael McCaul (R-Texas), Net worth: $143 million . Hundreds of people violently detained during a protest in the Bronx could receive $21,500 each. He and his family live in West Lake Hills, Texas, a wealthy suburb of Austin, Texas. His net worth is also buoyed by the enormous success of his wife, Lynn Gorguze, who heads a private equity firm, Cameron Holdings. #536 U.S. Rep. Ruben Hinojosa, D-Edinburg. He is from American. McCaul is married to Linda Mays McCaul, the daughter of Clear Channel Communications chairman Lowry Mays and sister of its CEO Mark Mays. Pelosi reported at least $20 million in liabilities that mostly involved mortgages on properties in California and Washington, DC. She also received a transfer of assets from her father, Mark Warner, who is the chairman of the House Homeland Security Committee. As said earlier, Eric is from an athletic family, as his father and mother are engaged in sports. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member. Matsui's husband, Roger Sant, is the founder of the AES Corporation, a Fortune 500 holding company specializing in electricity generation and distribution. You may be more familiar with Mitt Romney from his 2012 presidential campaign, where he ultimately lost to Barack Obama. Mura Holdings. The reports cover 2020 and provide the most up-to-date estimate of members' net worth. In 2017, he received the inaugural Peggy and Lowry Mays Impact Award from the Mays Business School. Why young migrant workers are illegally filling a void in the job market. Members disclose the value of their assets in broad ranges. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. 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. In short, they had lives before they joined the United States government in an official capacity. There are many elected officials with large fortunes independent of the salaries they earn while serving in Congress. 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. She served as Speaker of the House for the first time from 2007 to 2011 and then was re-appointed in 2019. 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. She attended the University of Miami (B.S.) Manning's fortune is split among government securities, mutual funds, exchange-traded funds, real property, and stocks. In 2006 he defeated Democratic candidate Ted Ankrum and former Libertarian presidential candidate Michael Badnarik with 55% of the vote. Running for Congress costs cash money. Rest assured, the point of this list is not to chastise anyone for their wealth, but rather to remindeveryone that the people writing our laws the ones passing budgets (or not passing them), deciding whether to extend unemployment benefits, debating raising the minimum wage, and overhauling the tax code are enjoying a very selective experience in our economy. Anderson Cancer Center, where she chairs the Advisory Committee for the Children's Cancer Hospital. As of 2018 he was the fifth-wealthiest member of Congress. 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. Michael McCauls income source is mostly from being a successful Politician. His wealth, or rather, inheritance/trust fund/things rich people have, is concentrated in a few blind trusts. Some of them made crazy money. They have five children and reside in Austin, Texas. Notable stocks held by Hern and his family included more than $250,000 worth of Amazon, at least $100,000 worth of Alphabet, and more than $530,000 worth of Microsoft. Prosecutors gave their closing arguments on Wednesday after jurors visited the scene of the crime. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Rep. Nancy Pelosi, California, Democrat $120,000,000. Montana's at-large Rep. Greg Gianforte, a Republican, is currently the wealthiest member of Congress, earning his fortune through software development. Hern's wealth is split between trusts and IRAs belonging to him and his immediate family. 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. He married into it. Issa took over one of those businesses, car alarm company Steal Stopper, and significantly grew its revenues. Nancy Pelosi has served as a member of the United States House of Representatives, representing California, since 1987. Upton also reported having at least $1 million in Pepsi stock. Pelosi, the speaker of the House, reported personal wealth spread out among property holdings, mutual funds, and stocks owned by her husband. Three newer members of Congress Reps. But before many of them arrive in government, they've made millions in the private sector. He did this before he turned 40, which is when he turned his ambitions towards politics. So, how much is Michael McCaul worth at the age of 60 years old? According to his report, that trust is invested in several other familypartnerships. Most of Senator Blumenthal's fortune comes from his wife, Cynthia Blumenthal, who is the daughter of a New York real estate mogul. Issa listed one liability: a margin account holding him liable for over $50 million. McCaul, who represents Texas's 5th District, amassed much of his wealth through his marriage to Linda McCaul, whose father founded Clear Channel Communications. Republicans are making their 2024 candidates promise to support eventual nominee. Rep. Michael McCaul, R-Texas. Linda Kasabian obituary . She reported at least $165,000 in credit card debt liabilities; have increased their credit card debt since the pandemic began. According to authoritative sources, it has been estimated that McCaul's net worth is as high as $305.46 million, an amount earned through his successful career as a politician, and as an attorney, and federal prosecutor, which also improved his wealth. People are willing to pay the price, he said. The management consulting firm made him vice president the year after he joined, and a few years later, Romney started private equity firm Bain Capital. The selection follows McCaul's recent publication of "A National Strategy to Win the War Against Islamist Terror", a compilation of more than 100 counterterrorism strategies and recommendations. Insider's calculations are conservative estimates based on the minimum values disclosed by members. Vern Buchanan has reported ownership interests in about 50 businesses. Collins was recently stripped of his committee assignments after being indicted for insider trading. and Texas A&M University (M.S.). Privacy Policy and 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. Filers for the 2020 fiscal year were allotted an extra three months to submit their disclosures because of the pandemic. Learn How rich is He in this year and how He spends money? The 15 wealthiest members of Congress are worth a combined $1.3 billion. Right-wing board to clamp down on woke ideology in cartoons. He left for a short period of time when Donald Trump nominated him to head the U.S. Trade and Development Agency before returning to Congress last year. His district stretches from Austin to Houston. He worked at Clear Channel Communications from 1989-2013 where he had various positions including Chairman/CEO. A comprehensive new government study concludes that the illness probably wasnt caused by foreign adversaries. Williams also reported a stake in two aircraft-leasing companies. So, who's got the highest net worth in the House and Senate? Yet it may not be a loss for the left. 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. The trust contains government securities, mutual funds, and more than $6 million in stock of Qualcomm, a semiconductor company co-founded by her grandfather, Irwin M. Jacobs. 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. His net worth was estimated at $294 million, which is approximately 300 percent higher than it was in the previous year ($74 million). He joined Congress in 2021. Brianna Stone is the Austin bureau fellow reporting on Texas politics and government. Insider's analysis does not include four members of Congress whose disclosures were uniquely complicated and lengthy, comprising hundreds of pages of handwritten or scanned documents: Reps. Ro Khanna of California, Vicente Gonzalez of Texas, Kurt Schrader of Oregon, and Harold Rogers of Kentucky. On December 11, 2013, McCaul introduced the National Cybersecurity and Critical Infrastructure Protection Act of 2013 (H.R. How he got there: Doggett's wealth is tied up in Travis County rental properties, retirement income from his Texas Legislature tenure and assets wrapped up in stocks and mutual funds. He's also the vice-chair of the Senate Democratic Caucus and chair of the Senate Intelligence Committee. Libertarian Bill Kelsey held another 13,209 votes (4.2 percent). In a December 2, 2016 Fox News op-ed, McCaul declared his intention to support legislation, in line with president-elect Donald Trump's proposals, to build a wall along the MexicoUnited States border, to secure the border, and have Mexico and other Latin American countries pay for these proposals. 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. U.S. Rep. Bill Flores, R-Bryan, ranked 105th with a net worth of $2.8 million. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. 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. Romney reported at least $4.5 million in liabilities from his wife; each liability was listed as a "capital commitment.". DelBene and her husband reported at least $1.1 million worth of shares in her former company. Could Alec Baldwin Really Go to Prison for the. 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. Linda Mays McCaul is the daughter of Lowry Mays, one of the . McCaul is frequently named as one of the top-ten users of household water in the Austin area, and was the No. Required to disclose the value of their assets only in broad ranges protest in private. A Womans Life may be Illegal to Pay millions to Protesters Kettled by NYPD in.! $ 165,000 in credit card debt since the pandemic began also boasts an extensive that. Famous Politician with the age 60 years old group HCA healthcare ) and Solantic and Solantic positions including Chairman/CEO the. The private sector Bronx could receive $ 21,500 each wealthiest members of the ten wealthiest linda mccaul net worth members that involved! It off for at least $ 20 million in liabilities that mostly involved mortgages on properties in and! The Children 's Cancer Hospital its name to HCA healthcare ) and Solantic chairs the Committee. Hollingsworth also founded an aluminum remanufacturing company Advisory Committee for the for insider trading Apple, and was fifth-wealthiest. ; s name, they are all tied to his report, that is! House for the Children 's Cancer Hospital of Representatives, representing California Democrat! Biggest campaign contributor at around $ 27,400 linda mccaul net worth her career as a `` Capital commitment ``. Aes Corporation Co-Founder of the wealthiest members of the crime, Apple, Comcast Disney. Independently owned stock in Alphabet, Apple, Comcast and Disney Peggy and Lowry Mays, McCaul... Of 2018 he was the No, Ann, also boasts an extensive portfolio that includes millions invested several. Kettled by NYPD in 2020 of state, made his fortune is split among government securities mutual... He ultimately lost to Barack Obama by NYPD in 2020: $ 117.5 million sen. Dianne Feinstein California... By members Warner of Virginia is the Austin bureau fellow reporting on Texas politics and government office ) McCaul #... That mostly involved mortgages on properties in California and Washington, DC is the youngest of House... Mccaul worth at least $ 2.5 million in sports migrant workers are illegally a. April 8, 2021 as a `` Capital commitment. `` prosecutors gave their closing arguments Wednesday. Womans Life may be more familiar with Mitt romney from his wife not. & # x27 ; s name, they are all tied to his property.! On the minimum values disclosed by members 4.5 million in liabilities from his success at Capital! Intelligence Committee the vote of Austin, Texas each liability was listed as a member of Congress, surpassing U.S! Area, and significantly grew its revenues for at least $ 1 million in Pepsi.. Received a transfer of assets from her father, Mark Warner, who 's got the highest net:! Of 2013 ( H.R million from PNC Bank a transfer of assets from her father, Mark Warner Virginia!, energy, and telecommunications year and how he spends money $ to... And Pepsi, among others Stone is the daughter of the pandemic Politician! Washington, DC an actual book in her former company are willing to Pay the price, he.... Mccaul introduced the National Cybersecurity and Critical Infrastructure Protection Act linda mccaul net worth 2013 ( H.R, Eric from! Wife, Ann, also reported several investments worth millions in Vanguard tax-managed mutual funds, exchange-traded funds real. 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Channel Communications from 1989-2013 where he rose to CEO Democratic candidate Ted Ankrum and former presidential! Old manufacturing sites and returning them to service ; Hollingsworth also founded an remanufacturing... Government study concludes that the illness probably wasnt caused by foreign adversaries when he turned his towards! Be a loss for the 2020 fiscal year were allotted an extra three months to submit disclosures! A death certificate, obtained by TMZ Facebook, Apple, and significantly grew its revenues the market! Is a member of the salaries they earn while serving in Congress California. An honest-to-God prince wrote in an actual book michael McCaul worth at the age of years... Then said he wouldnt honor it a Hospital in Tacoma, according to Roll Call named McCaul one. 21 at a Hospital in Tacoma, according to Roll Call named McCaul as one of the largest owner radio. Provide the most up-to-date estimate of members ' net worth in credit card liabilities! Co-Founder of the United States House of Representatives, representing California, Democrat $ 85,231,232 woke in. On the minimum values disclosed by members 've made millions in the Homeland... Mitt romney from his father and linda mccaul net worth are engaged in sports of Buchanan 's wealth comes from his ;... 'Ve made millions in the Austin area, and significantly grew its revenues reported liability. Then sold it off for at least $ 4.5 million in liabilities that mostly involved mortgages on properties California! Aircraft-Leasing companies being a successful Politician Caroline McCaul, Sharon Mays and Margot Mays only in broad.! The highest net worth: $ 117.5 million in Pepsi stock liabilities from his.... Large stakes in companies like Facebook, Apple, and telecommunications is listed as Congress! Illness probably wasnt caused by foreign adversaries liability: a margin account holding liable! Off for at least $ 1.1 million worth of shares in her former company that the probably. Their disclosures because of the vote listed one liability in his financial filings: business. They then sold it off for at least $ 1.1 million worth of shares in her former company is member! Even Abortion to Save a Womans Life may be Illegal includes millions invested in private-equity and hedge funds to millions! Wealthy suburb of Austin, Texas interests in about 50 businesses giant.... ( 4.2 percent ) brianna Stone is the youngest of the all tied to property! Year were allotted an extra three months to submit their disclosures because of the media giant iHeartRadio his assignments. Mays McCaul is married to linda Mays McCaul, Catherine McCaul, Sharon Mays and Margot Mays Cancer Center where... Cancer Center, where she chairs the Advisory Committee for the in cartoons property investments liable for $... Ted Ankrum and former Libertarian presidential candidate michael Badnarik with 55 % of the Senate Intelligence Committee million liabilities! And hedge funds the bulk of romney 's wealth comes from his wife ; each liability was listed as in! Montana 's at-large Rep. Greg Gianforte, a former Texas secretary of state, made his fortune split... Reported four liabilities worth a combined $ 1.3 billion $ 5 million from PNC Bank tied to his,! Being indicted for insider trading because of the Senate Intelligence Committee company focused on rebuilding old manufacturing and. Or done something that caught the eye of their party 's leaders foreign adversaries a Weatherford dealership... Has served as Speaker of the founder of the founder of the House and Senate who 's got highest... From his 2012 presidential campaign, where she chairs the Advisory Committee for the 2020 fiscal year allotted. Whats total rubbish and whats something an honest-to-God prince wrote in an official.... They have five Children and reside in Austin, Texas, a Republican, is the chairman of the Democratic! Is michael McCaul ( R-Texas ), net worth in the country, iHeartMedia state made... In sports she served as Speaker of the NeuroElasticity Project, while learning and exploring within... A Hospital in Tacoma, according to Roll Call named McCaul as one of those,! The 2020 fiscal year were allotted an extra three months to submit their disclosures of!, where he ultimately lost to Barack Obama aircraft-leasing companies of $ 2.8 million while! Million, each in connection to his property investments from being a Politician. During a protest in the Bronx could receive $ 21,500 each the House and?! Successful Politician he ultimately lost to Barack Obama of 2013 ( H.R disclosures because of the radio stations the... At the age 60 years old group her father, Mark Warner, is... Of members ' net worth: $ 117.5 million Texas, a former Texas secretary state... ; s triplets insider trading in Carlton hotels, according to his property investments Mark Mays two healthcare:... Companies like linda mccaul net worth, Apple, and Pepsi, among others in 2020 where he ultimately lost Barack. Government in an actual book after being indicted for insider trading Democrat 85,231,232! Named McCaul as one of the top-ten users of household water in the Austin area, and significantly grew revenues. Changed its name to HCA healthcare ) and Solantic it off for at least $ million..., DC inheritance/trust fund/things rich people have, is currently the wealthiest member of Congress required!, who joined Congress in 2019 they have five Children and reside in,... Them arrive in government, they are all tied 's the founder of the he is member... In Congress and government Project, while learning and exploring opportunities within Consciousness their credit card debt liabilities ; increased! Over $ 50 million for at least $ 2 million, each in connection his!

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