The Senate's ultrawealthy club: Meet the 8 senators worth $50 million or more
Briefly

The Senate's ultrawealthy club: Meet the 8 senators worth $50 million or more
"You probably already knew that members of Congress tend to be wealthy. What you may not realize is that some of them are ultrawealthy. Eight members of the US Senate are worth about $50 million or more, according to their financial disclosures. One of them might be a billionaire. And there are several others who, though not nearly as wealthy, are still multi-millionaires."
"This list is based on an analysis of the assets and liabilities disclosed in senators' annual financial disclosures covering 2024, which are the most recent available. Assets owned by spouses are included. Members of Congress are not required to disclose the exact dollar values of their assets and liabilities, but rather a range of values. They are also not required to disclose the value of personal residences. Senators are listed in descending order based on the sum of the minimum value of their assets."
Eight US senators have estimated net worths of roughly $50 million or more. One of those senators may be a billionaire. Several other senators are multi-millionaires. Half of the eight wealthiest senators were first elected in 2024, and six of the eight are Republicans. The estimate uses senators' 2024 annual financial disclosures and includes assets owned by spouses. Financial disclosures report asset and liability ranges rather than exact dollar amounts, and personal residences are not required to be disclosed. Senators are ranked by the sum of the minimum values reported for their assets.
Read at Business Insider
Unable to calculate read time
[
|
]