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May 1, 2021 · But according to Forbes, while senators have a median net worth of $1.76 million (with many worth much more) Senator Scott's net worth is surprisingly low. The Sun reports that Tim Scott's net worth was declared much higher in 2009, when released financial records indicated a value of $3.88 million.
- Understanding Congressional Wealth
- Sen. Rick Scott
- Sen. Mark Warner
- Sen. Mitt Romney
- Mike Braun
- Sen. John Hoeven
- Sen. Dianne Feinstein
- Sen. Ron Johnson
- Sen. James E. Risch
- Sen. Mitch Mcconnell
All senators have a government-paid salary which, as of 2021, is $174,000 a year. However, many senators make much more from other sources and have a high net worth. Many of them started their careers in business and made the bulk of their fortunes before joining the political world. On top of that, senators are high-profile people with a lot of po...
The former governor of Florida was elected to the Senate in 2019. Sen. Rick Scott of Florida started his career in business, which is where he made the bulk of his wealth. He created one of the largest hospital networks, the Columbia Hospital Corporation. Scott has an estimated net worth of more than $300 million as of 2022.
Sen. Mark Warner of Virginia is one of the wealthiest members of the U.S. Senate and in fact of the entire Congress. As of the latest information, from 2018, his net worth is approximately $215 million. Born in 1954, Warner grew up in a middle-class family. From as early as his college years, Sen. Warner had political aspirations. At one point duri...
Sen. Romney needs no introduction, having been the unsuccessful Republican candidate for the presidency in 2012. The U.S. senator for Utah is the third-wealthiest senator, with a net worth estimated at $175 million. Like most of the wealthiest senators, Romney made his fortune in business before he got started in politics. He co-founded and ran the...
A former Indiana representative in the House, Mike Braun is now the state's junior senator. Worth an estimated $137 million,Braun earned his millions as the CEO of Meyer Distributing, a maker of truck parts and equipment. Today, he is one of the wealthiest, and also most politically conservative senators.
Sen. John Hoeven has served as the senior U.S. senator from North Dakota since 2011. Before that, he was the state’s governor for 10 years. Hoeven's net worth has been estimated at $47 million. Sen. Hoeven worked in banking before he started his political career, and served as the CEO of First Western Bank and the Bank of North Dakota. Sen. Hoeven ...
California’s Sen. Dianne Feinstein’s estimated net worth was estimated at $88 million. Blum Capital, a private equity firm founded in 1975 by her husband, Richard Blum, is the source for most of that wealth.
Wisconsin Senator Ron Johnson started out in the late '70s as an accountant at PACUR, a Wisconsin-based polyester and plastics manufacturing company owned by his brother-in-law. He moved up through the ranks, and became the company's CEOby the mid-'80s. Sen. Johnson has an estimated net worth of $78 million.
James Risch has been the junior senator from Idaho since 2009. He was previously the state's governor. He has an estimated net worth of $42 million, much of it in farm and ranch land in Idaho.
Sen. Mitch McConnell of Kentucky, currently the minority leader of the U.S. Senate, has an estimated net worth of $34 million as of 2018. McConnell has been a senator since 1984. The bulk of his wealth comes from a gift his father bestowed on him in 2008. He and his wife, Elaine Chao, also reported a gift of between $5 million and $25 million from ...
Dec 14, 2021 · The reports cover 2020 and provide the most up-to-date estimate of members' net worth. The wealthiest 15 members were worth at least $1.3 billion, half of Congress' wealth.
May 16, 2022 · Sen. Tim Scott is a rising star in the GOP. His forthcoming book, "America, A Redemption Story," scored a $184,167 advance. That's higher than what he gets at his $174,000-a-year Senate job.
- Kimberly Leonard
Nov 8, 2022 · Based on congressional financial disclosure forms and calculations made available by OpenSecrets.org, Scott's net worth as of 2012 was estimated between $1,552,014 to $6,457,999. That averages to $4,005,006.50 , which is lower than the average net worth of Republican Senate members in 2012 of $6,956,438.47.
Nov 16, 2022 · Hailed as the nation’s wealthiest senator by FloridaBulldog.org and other websites, Scott holds an estimated net worth of roughly $260 million according to an April 2020 report by the nonprofit Center for Responsive Politics.
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Sep 11, 2019 · About half of all U.S. senators are estimated to have a net worth of at least a million dollars. Meanwhile, the typical American household is worth about $109,000. A well-heeled legislative...
