Tuesday, December 1, 2009

Do These People Represent You?

Members of House worth $1 billion

Analysis of financial disclosure forms finds 125 millionaires.

Members of the U.S. House of Representatives are worth at least $1 billion.

An analysis of financial disclosure forms by Roll Call, a sister publication of Congress.org, found 125 lawmakers were worth more than $1 million.

Overall, the representatives, nonvoting delegates and the Resident Commissioner of Puerto Rico were worth at least $1.13 billion with a minimum debt of $125.69 million. (Numbers are not exact because Members only report a range of their net worth.)

Republican Rep. Darrell Issa (R-Calif.) is the richest House lawmaker, with a minimum net worth of at least $164.65 million, while Democratic Rep. Alcee Hastings (D-Fla.) is at the bottom, with negative $2.13 million.

The 10 richest Members were worth a total of $557.06 million — more than half of the House's combined worth.

They include Issa and Reps. Jane Harman (D-Calif.), Jared Polis (D-Colo.), Vern Buchanan (R-Fla.), Harry Teague (D-N.M.), Michael McCaul (R-Texas), Alan Grayson (D-Fla.), Rodney Frelinghuysen (R-N.J.), Cynthia Lummis (R-Wyo.) and Nita Lowey (D-N.Y.).

To see an interactive chart of House Members' net worth, click here .

-- Ryan Teague Beckwith, Congress.org


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