Biden during an address to the US Congress

Net worth of the top 5 wealthiest members of the Congress

Till the election of Donald Trump into office in 2017, John F. Kennedy was the most wealthiest US president to date. Kennedy’s net worth of $1.1 billion paled in comparison to Donald Trump’s $3.1 billion. However, little is known about the wealth of the US congressmen and women in American Public discourse. The information about this is openly available at Financial Disclosures on House and Senate websites. This article has been written according to the information found on these websites.

1-Kevin Hern (net worth: $361 million)

Kevin Hern is a successful businessman and currently a Republican representative for Oklahoma’s 1st congressional district. His political career is nascent having become a Congressman as early as 2018 and serves in the House. He started his career as an employee of Mcdonalds in 1987 and bought his first franchise of the restaurant in 1997. He later opened 18 franchises in Oklahoma. However, as of today, he is no longer an owner of any MacDonald’s franchise having sold his last one in 2023. He is currently involved in many businesses which range from owning a hog farm, a bank, publications and furniture manufacturing. He also own the KTAK Corporation.

2- Greg Gianforte (net worth: $189 million)

Greg Gianforte is a successful Software tycoon and businessman who is also serving as the 25th Governor of Montana. He belongs to the Republican party and serves in the chamber of house. Gianforte founded RightNow technologies in 1997 during the dotcom boom. The company was however sold to Oracle Corporation for a whopping $1.5 billion in 2011. The Governor also own the Gianforte Family Foundation which has contributed millions in charity to improve education, fund local businesses and help in the creation of employment. He own considerable investments in the Russian stock exchange along with owning stocks in US agricultural companies that cultivate grain.

3-Mark Warner (net worth: $214 million)

Mark Warner is a senator from the state of Virgina and has held the position since the 2008 financial crisis. He belongs to the democrat party and has also been the Governor of his home state. He is also the head of the Senate Chairs Committee. Warner like Gianforte made his fortune during the dotcom boom in the 1990s. He was the founder of Columbia Capital firm and Capital Cellular Corporation. His capital firm invested succesfully in Nextel and other silicon valley firms. As of today, he is the 2nd richest US senator.

4- Rick Scott (net worth: $259 million)

Rick Scott is a republican senator from Florida who has also served as the Governor of the state for 2 consecutive terms starting in 2011. Before joining politics, Rick was an attorney and businessman. He once owned America’s largest for profit health care provider called Columbia Hospital Corporation until 1997. That year, the company was charged with defrauding the US government and its clients and was charged with a massive penalty that was in excess of a billion dollars. At the start of his career also purchased a loss giving doughnut shop and made it profitable. Scott owns the companies Drives and Continental Structural Plastics and both companies are industrial leaders in their respective fields. Drives is an mechanical engineering and construction company while the later is the plastic molder in North America. He also has significant investments in Cyberguard Corporation and also operates Richard L. Scott Investments, an investment firm registered on the Wall Street.

5- Nancy Pellosi (net worth: $118 million)

Nancy Pelosi is one of the oldest serving Congress woman having been first elected in 1987. She has previously served 2 terms as the speaker of the house and serves the 12th Congressional district of California. Most of Pelosi’s wealth is attributed to her inheritance and her husband who is a seasoned businessman. Pelosi and her husband, Paul Pelosi, have investments in a variety of stocks and securities including Apple, Disney and Visa. Pelosi’s husband has significant stakes in real estate businesses and in firms related to venture capitalism. They own important properties in the bay area that are worth millions of dollars.

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