These numbers also do not necessarily include a lawmaker's primary home or vacation spots, according to a blog post on the CRP's website. Unless they collect rent on these properties, lawmakers are exempted from reporting these as assets, even if they are worth millions.
Thus these are estimates at best. But they provide an illuminating look into how wealthy many of the country's top political leaders are. The figures are from 2012, the most recent year available from CRP's data crunching. Click ahead to see who's the richest of them all.
5. Rep. Michael McCaul, R-Texas
Rep. Michael McCaul
Minimum: $102,547,780
Average: $143,153,910
Maximum: $183,760,040
McCaul's wife has a stock portfolio worthy of a professional money manager. The assets section on McCaul's disclosure form for 2012 runs 32 pages and includes numerous stock investments, most of which are listed as his spouse's assets. Among them are many household names including Apple, IBM and Procter & Gamble.
McCaul had previously held the top spot on the CRP list, but more recent disclosure rules forced the organization to estimate his wealth more conservatively, according to a blog post on OpenSecrets.org.
4. Rep. John K. Delaney, D-Md.
Minimum: $65,151,162
Average: $154,601,580
Maximum: $244,051,998
Delaney is a freshman congressman who had a long and successful career in business before going into politics. He founded two companies before turning 40, according to his bio his congressional website. His first company was HealthCare Financial Partners, which loaned money to small health-care providers under-served by banks, and CapitalSource, which has a similar business targeting small and medium-sized businesses. Now much of his household's money is invested in bonds, stocks, and various investment funds
3. Rep. Jared Polis, D-Colo.
Rep. Jared Polls
Minimum: $69,791,412
Average: $197,945,705
Maximum: $326,099,998
Polis worked in his family's greeting cards business as a young man, eventually succeeding his grandmother as sales manager, and developing the company's e-commerce business, according to his congressional biography. He also co-founded a company that provided various Web access and hosting services, and founded ProFlowers.com, which was sold to Liberty Media in 2006. Since then, he has much of his vast wealth invested in a variety of investments, and, as of 2012, Polis disclosed partnerships or memberships in several investment companies.
2. Sen. Mark Warner, D-Va.
Average: $257,481,658
Maximum: $418,742,000
Warner was an early investor in the cellular technology industry and co-founded the cell phone company that became Nextel, according to his congressional biography. He and his family have holdings in a variety of investments.
1. Rep. Darrell Issa, R-Calif.
Minimum: $330,380,031
Average: $464,115,018
Maximum: $597,850,005
The wealthiest man in Congress also had a career in business before running for office. Issa served as chief executive of Directed Electronics, which was the nation's largest maker of vehicle anti-theft devices, and brought the Viper car alarm system to market, according to his congressional bio. Issa holds money in investment funds and real estate.
Source:
By CNBC.com
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