How The 15 Richest Members Of Congress and Senate Made Their Money

By on February 19, 2019 in ArticlesEntertainment

There is a lot of talk right now about billionaires in politics. It seems like never before have we had such intense scrutiny on what politicians and aspiring politicians are worth. The divide between the rich and the middle class just keeps growing. The rich get richer and the rest of us just try to make things work. Members of Congress get a salary of $174,000 a year, which is more than twice the national average income per household. While $174,000 isn't anything to sneeze at, you're not going to become a multi-millionaire with a Congressional salary. Several members of Congress went to Washington with significant fortunes already in place. Below are the 15 richest Senators and Congressmen/women and how they made their money.

#15. Ro Khanna — $27 million

Congressman from California (D)

Representative Ro Khanna can thank his wife Ritu for his healthy bank account. She is worth millions from her father's investment firm Mura Holdings. Monte Ahuja, Khanna's father in law is also the founder and CEO of Transtar, the auto transmission giant.

#14. Roger Williams — $27.7 million

Congressman from Texas (R)

Representative Roger Williams made his more than $27 million net worth with car dealerships across the state selling Jeep, Dodge, and Chrysler vehicles.

#13. Suzan DelBene — $28.4 million

Congresswoman from Washington (D)

Representative Suzan DelBene is from Washington. She and her husband have both been executives at Microsoft.

#12. Don Beyer — $31.2 million

Congressman from Virginia (D)

Representative Don Beyer is another member of Congress who made their millions selling cars. He is a major owner of car dealerships in the Washington D.C. metro area.

#11. Scott Peters — $32 million

Congressman from California (D)

Representative Scott Peters had a long career as a lawyer in high profile cases before he sought elected office. He is also married to Lynn Gorguze, the president and CEO of private equity firm Cameron Holdings.

Mark Wilson/Getty Images

#10. Paul Mitchell — $37.7 million

Congressman from Michigan (R)

Representative Paul Mitchell is not the man behind the wildly successful hair products company. Rather, he is a corporate executive with an enviable portfolio.

#9. Chris Collins — $43.5 million

Congressman from New York (R)

Representative Chris Collins owns stakes in a number of companies ranging from manufacturing to biotechnology. He has been indicted for insider trading and his trial is set for early 2020.

#8. Trey Hollingsworth — $50.1 million

Congressman from Indiana (R)

Representative Trey Hollingsworth got his impressive net worth at age 34 from his father who is the founder of factory renovating company Hollingsworth Capital Partners.

#7. Dianne Feinstein — $58.5 million

Senator from California (D)

Senator Dianne Feinstein has a stake in Carlton hotels and his married to Richard Blum, the president and chairman of Blum Capital.

#6. Richard Blumenthal — $70 million

Senator from Connecticut (D)

Senator Richard Blumenthal has a large real estate portfolio, thanks partly to his wife, Cynthia Malkin. Her father is real estate mogul Peter Malkin.

#5. Vern Buchanan — $73.9 million

Congressman from Florida (R)

Representative Vern Buchanan is another Congressman who made his fortune in car dealerships. His dealerships are across the southeast.

#4. Mark Warner — $90.2 million

Senator from Virginia (D)

Senator Mark Warner is a former venture capitalist who earned his wealth in real estate, telecommunications, and energy. He is the wealthiest senator.

#3. Michael McCaul — $113 million

Congressman from Texas (R)

Representative Michael McCaul is the third wealthiest member of Congress thanks to his wife Linda, who is the daughter of Lowry Mays, the radio and telecom mogul.

#2. Nancy Pelosi – $120 million

Congresswoman from California (D)

Representative and Speaker of the House Nancy Pelosi owes her enviable net worth to her husband Paul Pelosi. Paul owns a venture capital, financial consulting and real estate firm called Financial Leasing Services. The Pelosi's own large stakes in Facebook, Apple, Comcast, Shutterfly and the Walt Disney Co.

#1. Greg Gianforte — $135.7 million

Congressman from Montana (R)

Representative Greg Gianforte is currently the wealthiest member of Congress. He earned his fortune as a tech entrepreneur. Gianforte and his wife founded RightNow Technologies, a software company that went public in 2004, before being acquired by Oracle in 2011.

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She has written for Los Angeles Magazine, Your Tango, Thinknum Media, and various airline magazines. Follow her on Facebook. Amy's favorite self-made billionaire is Sara Blakely.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction
Discussion