List of current members of the United States Congress by wealth

Last updated

This list of members of the United States Congress by wealth includes the fifty richest members of Congress as of 2018. It displays the net worth (the difference between assets and liabilities) for the member and their immediate family, such as a spouse or dependent children. These figures offer only an estimation of wealth, as the Congressional financial disclosure rules use value ranges instead of exact amounts. [1] As an upper range is not specified for values over $50 million (or over $1 million for a spouse), large assets are not represented accurately. Additionally, government salaries and personal residences are not typically included in disclosures. [2] Furthermore, several members of Congress do not use a standardized electronic format, instead filing reports that range from vague to indecipherable. [3] As of 2020, over half of the members of Congress were millionaires and the median net worth of members was approximately $1 million. [4]

Contents

The original documents for each member's disclosure are publicly available on a database website, maintained by OpenSecrets. [5]

Since 2009, the salaries per annum of members of the United States Congress have been as follows: [6]

PositionSalary
Speaker of the House of Representatives $223,500
Majority leader and minority leader of the House of Representatives $193,400
President pro tempore of the Senate $193,400
Senators and representatives$174,000
Non-voting members of the United States House of Representatives $174,000

As of 2019 and 2018, the top 50 wealthiest members of the United States Congress were as follows:

Source: OpenSecrets (2018 and 2019) [4] [5]
RankNamePartyStateChamberServing in the
118th Congress?
Net worth ($ million)
1 Kevin Hern RepublicanOklahomaHouseYes361.0*
2 Rick Scott Republican Florida Senate Yes259.7
3 Mark Warner Democratic Virginia SenateYes214.1
4 Greg Gianforte Republican Montana House No189.3
5 Paul Mitchell Republican Michigan HouseNo179.6
6 Mitt Romney Republican Utah SenateYes174.5
7 Vernon Buchanan RepublicanFloridaHouseYes157.2
8 Mike Braun Republican Indiana SenateYes136.8
9 Don Beyer DemocraticVirginiaHouseYes124.9
10 Dean Phillips Democratic Minnesota HouseYes123.8
11 Nancy Pelosi Democratic California HouseYes114.7
12 John Hoeven Republican North Dakota SenateYes93.4
13 Suzan DelBene Democratic Washington HouseYes79.4
14 Fred Upton RepublicanMichiganHouseNo79.0
15 Ron Johnson Republican Wisconsin SenateYes78.5
16 Roger Williams Republican Texas HouseYes67.0
17 Buddy Carter Republican Georgia HouseYes66.5
18 Jim Risch Republican Idaho SenateYes41.8
19 Mitch McConnell Republican Kentucky SenateYes34.1
20 Steve Daines RepublicanMontanaSenateYes32.9
21 Scott Peters DemocraticCaliforniaHouseYes60.5*
22 Rick W. Allen RepublicanGeorgiaHouseYes52.1*
23 Joe Kennedy III Democratic Massachusetts HouseNo46.5*
24 Ralph Norman Republican South Carolina HouseYes43.4*
25 Kenny Marchant RepublicanTexasHouseNo33.7*
26 Lloyd Doggett DemocraticTexasHouseYes29.7*
27 Brad Schneider Democratic Illinois HouseYes27.2*
28 Nita Lowey Democratic New York HouseNo24.8*
29 Jim Sensenbrenner RepublicanWisconsinHouseNo21.8*
30 Phil Roe Republican Tennessee HouseNo20.2*
31 Richard Shelby Republican Alabama SenateNo19.1*
32 John Yarmuth DemocraticKentuckyHouseNo17.1*
33 Jim Cooper DemocraticTennesseeHouseNo16.3*
34 Michael Bennet Democratic Colorado SenateYes15.7*
36 Tom Rice RepublicanSouth CarolinaHouseNo14.6*
37 Bill Foster DemocraticIllinoisHouseYes14.1*
38 Dan Newhouse RepublicanWashingtonHouseYes13.8*
39 Carolyn Maloney DemocraticNew YorkHouseNo13.0*
40 Earl Blumenauer Democratic Oregon HouseYes12.6*
41 Mike Kelly Republican Pennsylvania HouseYes12.4*
42 Mike Conaway RepublicanTexasHouseNo12.4*
43 Ralph Abraham Republican Louisiana HouseNo12.4*
44 Markwayne Mullin RepublicanOklahomaSenate [lower-alpha 1] Yes11.4*
45 Ann Wagner Republican Missouri HouseYes11.1*
46 Jackie Speier DemocraticCaliforniaHouseNo11.0*
47 Thom Tillis Republican North Carolina SenateYes11.0*
48 Rob Portman Republican Ohio SenateNo10.8*
49 Lisa Blunt Rochester Democratic Delaware HouseYes10.7*

*based on 2018 information [5]

Notes

  1. House in 2018, Senate currently

See also

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References

  1. "Wealth of Congress". Roll Call . Retrieved May 17, 2020.
  2. "About the Personal Finances Data & CRP's Methodology". OpenSecrets. OpenSecrets . Retrieved January 12, 2021.
  3. Marquette, Chris (October 1, 2020). "Several lawmakers disclose opaque financial records". Roll Call.
  4. 1 2 Evers-Hillstrom, Karl (April 23, 2020). "Majority of lawmakers in 116th Congress are millionaires". OpenSecrets.
  5. 1 2 3 "Top Net Worth - 2018 - Personal Finances". OpenSecrets. OpenSecrets . Retrieved May 17, 2020.
  6. Brudnick, Ida A. (April 11, 2018). "Congressional Salaries and Allowances: In Brief" (PDF). Congressional Research Service. Retrieved January 12, 2021.