The Millionaire's Club: NJ Senator Lautenberg in the Top 25 of the Wealthiest Legislators
Thursday, November 18, 2010
Source Center of Responsive Politics
It is difficult to gauge what a lawmaker is worth based on what they file because the disclosure forms do not require exact values. Instead, the lawmaker reports the range of value into which an asset, for example, falls. As the values increase, the ranges get broader. To calculate net worth, shown here, CRP added together the lawmaker's range of assets and then subtracted their range of liabilities. We then calculate the midpoint of the resulting range and use this figure to rank the filers. Using this method provides a ranking that more closely reflects reality than using either the minimum or maximum values. Valuation of very large assets is limited by the top range being over $50 million. When further research definitively revealed a more accurate figure, it was used in place of the range.
| Rank | Name | Minimum Net Worth | Average | Max. Net Worth |
|---|---|---|---|---|
| 1 | Darrell Issa (R-Calif) | $156,050,022 | $303,575,011 | $451,100,000 |
| 2 | Jane Harman (D-Calif) | $151,480,522 | $293,454,761 | $435,429,001 |
| 3 | John Kerry (D-Mass) | $182,755,534 | $238,812,296 | $294,869,059 |
| 4 | Mark Warner (D-Va) | $65,692,210 | $174,385,102 | $283,077,995 |
| 5 | Jared Polis (D-Colo) | $36,694,140 | $160,909,068 | $285,123,996 |
| 6 | Herb Kohl (D-Wis) | $89,358,027 | $160,302,011 | $231,245,995 |
| 7 | Vernon Buchanan (R-Fla) | $-69,434,661 | $148,373,160 | $366,180,982 |
| 8 | Michael McCaul (R-Texas) | $73,685,086 | $137,611,043 | $201,537,000 |
| 9 | Jay Rockefeller (D-WVa) | $61,446,018 | $98,832,010 | $136,218,002 |
| 10 | Dianne Feinstein (D-Calif) | $46,055,250 | $77,082,134 | $108,109,018 |
| 11 | Frank R. Lautenberg (D-NJ) | $49,083,204 | $76,886,611 | $104,690,018 |
| 12 | Nancy Pelosi (D-Calif) | $-7,356,915 | $58,436,537 | $124,229,990 |
| 13 | Alan Mark Grayson (D-Fla) | $31,411,044 | $54,966,522 | $78,522,000 |
| 14 | James E. Risch (R-Idaho) | $19,468,057 | $54,517,026 | $89,565,995 |
| 15 | Gary Miller (R-Calif) | $19,365,053 | $51,833,526 | $84,302,000 |
| 16 | Bob Corker (R-Tenn) | $9,778,047 | $50,717,522 | $91,656,998 |
| 17 | Rodney Frelinghuysen (R-NJ) | $19,898,179 | $43,797,589 | $67,697,000 |
| 18 | Nita M. Lowey (D-NY) | $14,900,036 | $39,012,518 | $63,125,000 |
| 19 | Kenny Ewell Marchant (R-Texas) | $13,303,385 | $38,204,868 | $63,106,351 |
| 20 | Brian P. Bilbray (R-Calif) | $25,143,635 | $37,819,629 | $50,495,623 |
| 21 | Harry Teague (D-NM) | $21,119,041 | $37,102,019 | $53,084,997 |
| 22 | Denny Rehberg (R-Mont) | $6,598,014 | $31,421,505 | $56,244,997 |
| 23 | Olympia J. Snowe (R-Maine) | $12,556,055 | $28,612,527 | $44,669,000 |
| 24 | Lamar Alexander (R-Tenn) | $11,342,046 | $28,116,022 | $44,889,998 |
| 25 | Carolyn B. Maloney (D-NY) | $7,045,017 | $24,472,505 | $41,899,994 |