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25. Rep. Ralph Norman (R)

Ralph Norman
U.S. House of Representatives / Wikimedia Commons

Net worth: $20.6 million

Elected to Congress in 2017, Ralph Norman is a Republican representative from South Carolina. He was voted in after a special election to replace Mick Mulvaney when he was appointed director of the Office of Management and Budget.

During the 2017/2018 campaign cycle, Norman raised around $2.5 million during his campaign, and spent just under $2 million. His top campaign contributors were the House Freedom Fund, Nutramax Laboratories, the Senate Conservatives Fund, the Warren Norman Company and Burns Chevrolet.

Over 50% of his campaign contributions came from large individual contributions.

Before being elected to Congress, he worked at the Warren Norman Company, his father’s construction business — one of his biggest campaign contributors — which grew to one of South Carolina’s most successful commercial real estate developers. Currently, the company manages approximately $150 million worth of commercial property.

Ralph Norman owns properties, mutual funds and several retirement accounts — with one IRA worth at least $5 million. He and his wife also have more than $100,000 in Exxon Mobil stock.

Norman has four liabilities worth a total of at least $2 million.

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24. Rep. Sara Jacobs (D)

Sara Jacobs
U.S. Army Africa / Wikimedia Commons

Net worth: $21.4 million

Elected to Congress in 2021, Jacobs is a Democratic Member of Congress representing California’s 53rd district.

Before being elected to Congress, she founded Every Child, a nonprofit aimed at ending child poverty in San Diego County, in 2018. Prior to that, she was a scholar in residence at the Joan B. Kroc School of Peace Studies at the University of San Diego and was the founding CEO of Project Connect.

She is the granddaughter of Irwin M. Jacobs, the co-founder of Qualcomm, a world leader in wireless technology with a stock price of around $156 per share as of March 9th — of which she owns $6 million worth. Qualcomm is also her biggest campaign contributor at around $27,400 over her career as a Congress member.

Other top contributors are Jacobs Investment Company, Jmi Realty, the University of California and Lehbros Ltd. She has raised a total of $11,658,831 as of December 31st, 2021.

Jacobs also has more than $100,000 invested in Apple, Microsoft and Mastercard stock.

23. Rep. John Rose (R)

John Rose
NewsChannel 5 / YouTube

Net worth: $23.3 million

Elected to Congress in 2019, John Rose is the Republican representative for Tennessee’s Sixth Congressional District.

Before joining Congress, Rose mainly studied and worked in agriculture. He co-founded Transcender Corporation, which earned five consecutive Music City Future 50 awards and was sold in November 2000 to Information Holdings, Inc. — now Kaplan, Inc.

Along with being a Congress member, he’s the owner and president of Boson Software LLC, training IT professionals across the country. The company generates $2.69 million in annual sales.

Over the course of his political career, Rose’s campaign has raised about $4.8 million. The largest contributions come from Cash Express LLC, Majority Committee PAC — a Leadership PAC affiliated with Kevin McCarthy — Servpro Industries, CoreCivic Inc. and the American Bankers Association.

Rose owns at least $500,000 worth of stock in Citizens Bank and more than $100,000 in Alphabet stock. He is also reported to own Rose Farm, which is worth between $5 million and 25 million.

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22. Rep. Fred Upton (R)

Fred Upton
Bluerasberry / Wikimedia Commons

Net worth: $24.6 million

First elected to Congress in 1986, Fred Upton is the Republican representative for southwest Michigan’s Sixth Congressional District.

Before joining Congress, Upton worked under president Ronald Regan in the Office of Management and Budget. He is the grandson of Louis Upton, founder of the Whirlpool Corporation, a company with a stock value of $196.40 as of March 9th.

Upton holds at least $1 million of stock in Whirlpool, and the company is also one of his biggest campaign donors. Some of his other large donors have been the National Association of Broadcasters, the Ford Motor Company, Comcast Corporation and AT&T Inc.

Over the course of his more than three-decade long political career, he’s raised about $29.7 million in campaign committee funds.

Upton is also reported to hold at least $1 million in Pepsi stock, with other notable holdings including Apple, Raytheon, Amazon, Alphabet, Facebook and Texas Instruments.

21. Rep. Dean Phillips (D)

Dean Phillips
Jonathunder / Wikimedia Commons

Net worth: $24.7 million

First joining Congress in 2019, Dean Phillips is the Democratic representative for Minnesota’s Third Congressional District.

Before Congress, Phillips worked for his family business of, Phillips Distilling Company, which generates $2.6 million in annual sales. He also helped build Talenti Gelato, one of the top-selling ice cream brands in the country, and is the co-owner of Penny’s Coffee — a small Minnesota coffee chain.

Over the course of his political career, he has raised over $9.6 million in campaign committee funds.

His largest donors have been Heartland Realty Investors, his MBA alma mater the University of Minnesota, Swing Left, UnitedHealth Group and Democracy Engine.

When he joined Congress, he reported around $2 million in liabilities in the form of mortgages.

In July, Phillips set his assets in a qualified blind trust approved by the House Committee on Ethics. This means he will not have control over them while he is a Member of Congress.

20. Rep. Kevin Hern (R)

Kevin Hern
House Committee on Natural Resources GOP / YouTube

Net worth: $26.7 million

Elected to Congress in 2018, Kevin Hern is the Republican representative for the First Congressional District in Oklahoma.

Before Congress, Hern made his living buying and selling McDonald’s franchises. For 13 years, he served on the company’s national leadership team that represented over 3,500 U.S. franchises.

McDonald’s Corporation has also been his biggest campaign contributor throughout his political career, accounting for a total of $170,705 of the $4,454,996 he’s raised in campaign committee funds.

Some of his other big campaign contributions include AAON Inc., Koch Industries, Williams Companies and the American Bankers Association.

Hern’s wealth has been distributed between himself and his family through IRAs and trusts containing mutual funds, stocks and electronic funds. In terms of stocks, he and his family own more than $250,000 worth of shares in Amazon, around $100,000 in Alphabet and more than $530,000 in Microsoft.

In 2021, Hern violated the STOCK Act when he failed to disclose trades worth between $1.06 and $2.7 million, according to Business Insider.

19. Rep. Kathy Manning (D)

Kathy Manning
FOX8 WGHP/ YouTube

Net worth: $27.2 million

Elected to Congress in 2021, Kathy Manning is the Democratic representative for North Carolina’s Sixth Congressional District.

After working as a partner in a major law firm for 15 years, Manning started her own immigration law firm. She also worked with several nonprofits for a number of causes including expanding access to early childhood education, college scholarships and workforce development.

Over the course of her political career, Manning has raised $7,285,397 in campaign committee funds. Some of her biggest donors have been EMILY’s List, AmeriPAC: The Fund for a Greater America, Democracy Engine, Duke University and the Samet Corporation.

Manning’s wealth consists of government securities, mutual funds, exchange-traded funds, real estate and stocks. The stocks owned between her and her spouse include major companies like Alphabet, Apple, Starbucks, Disney, Microsoft, Nike, Johnson & Johnson and Pfizer. She also has an ownership stake in Stonefield Cellars Winery in North Carolina.

18. Rep. Don Beyer (D)

Don Beyer
Slowking / Wikimedia Commons

Net worth: $29.8 million

First elected to Congress in 2014, Don Beyer is serving his fourth term as the Democratic representative for Virginia’s Eighth Congressional District.

Before entering politics, Beyer got his start at a Volvo dealership his father purchased in the early 1970s, which they grew into a massive auto group that spans across Northern Virginia.

He was previously Lieutenant Governor of Virginia from 1990 to 1998 and Ambassador to Switzerland and Liechtenstein under President Obama.

Over the course of his career as a Congress member, he’s raised a total of approximately $9.4 million in campaign committee funds. Some of his biggest contributors have been Akin, Gump et al., Northrop Grumman, L3Harris Technologies, Carfax and Deloitte LLP.

Beyer’s wealth mostly consists of stocks, government securities and real estate.

He reported around $8.6 million in liabilities, most of which represent mortgages on his owned properties.

17. Rep. David Trone (D)

David Trone
Edward Kimmel / Flickr

Net worth: $32.9 million

Elected in 2018, David Trone is the Democratic representative of Maryland’s Sixth Congressional District.

Before entering politics, Trone owned Total Wine & More. The business was valued at around $3 billion back in 2017. His business has also been investigated multiple times over the years in Pennsylvania for unsavoury business practices like undercutting smaller businesses by offering unlawful discounts, where charges were later dismissed.

Trone initially ran for the eighth district back in 2016, but was unsuccessful after spending $13.4 million of his personal money on his campaign. Before he ran as a Democrat, he had contributed more than $150,000 to the Republican party from 2000 to 2015.

Over the course of his career running for Congress, he has raised around $35 million for his campaign. Some of his biggest contributors have been Allied Beverage Group, Tower Companies, EJF Capital, Meltzer Group and Coakley & Williams Construction.

Trone’s wealth is spread out between his mutual funds, exchange-traded funds and his ownership of Total Wine & More. His wife, June, independently owns stock in several companies including Alphabet, Apple and Pepsi.

16. Rep. Jay Obernolte (R)

Jay Obernolte
Jay Obernolte / YouTube

Net worth: $39.2 million

Still in his first term as a member of Congress, Jay Obernolte is the Republican representative for California’s Eighth Congressional District.

Before joining Congress, Obernolte founded FarSight Studios in 1988, a video game development company with a focus on family-friendly arcade games. Their most notable games to date have been a pinball game and the NCAA college football series for EA. He was also mayor of the city of Big Bear Lake. He is also a certified flight instructor and served on the Big Bear City Airport District board.

Over the course of his congressional career, Obernolte has raised $2,290,850 in campaign committee funds.

Some of his biggest contributors have been Eagle Creek Aviation, Eye of the Tiger PAC, Majority Committee PAC, MGR Property Management and the National Association of Realtors.

Most of Obernolte’s wealth comes from his ownership in FarSight Studios. He reportedly has several investments worth millions in Vanguard tax-management mutual funds.

15. Rep. Scott Peters (D)

Scott Peters
Glenn Batuyong / Wikimedia Commons

Net worth: $39.7 million

First elected to Congress in 2012, Scott Peters is the Democratic representative for California’s 52nd Congressional District.

Before joining Congress, Peters spent 15 years as an environmental lawyer and was elected to the San Diego City Council — becoming its first president.

Over the course of his time in Congress, Peters has raised $18,037,928 in campaign committee financing. Some of his biggest donors have been the University of California, Qualcomm Inc., Robbins, Geller et al., Cox Enterprises and the JStreetPAC.

One of the biggest industries to contribute to his campaign is the pharmaceutical industry at around $900,000. Peters was criticized for this flood of funds after he flipped on House Speaker Nancy Pelosi’s drug pricing bill.

Peters’ money is mainly in government securities, but he and his wife, Lynn Gorguze, also have investments in a number of mutual funds. Gorguze is also the president and CEO of the private equity firm Cameron Holdings, which had an estimated revenue of $275 million in 2018.

14. Rep. Nancy Pelosi (D)

Nancy Pelosi
US Department of Labor / Wikimedia Commons

Net worth: $46.1 million

Joining Congress back in 1988, Nancy Pelosi is currently the Democratic representative for California’s 12th Congressional District and is the Speaker of the House — the first woman to ever hold this position.

Over the course of her long career in Congress, she has raised around $65 million in campaign committee funds. Some of her top campaign contributors are the University of California, the Sheet Metal, Air, Rail & Transportation Union, American Federation of State/County/Municipal Employees, Gallo Winery and Wells Fargo.

Pelosi owns stocks with her husband, who reportedly has holdings in corporations like Slack, Tesla, Visa, Salesforce, PayPal, Alphabet, Facebook and Netflix.

Most of her wealth comes from real estate, as she owns several commercial properties for both apartments and office spaces and several vacation homes. She also has some of her money invested in mutual funds.

Between all of her properties in California and Washington D.C., Pelosi has reported around $20 million in liabilities.

13. Rep. Suzan DelBene (D)

Suzan DelBene
U.S. Department of Agriculture / Wikimedia Commons

Net worth: $52.1 million

First sworn in to Congress in 2012, Suzan DelBene is the Democratic representative for Washington’s First Congressional District.

Before joining Congress, DelBene worked for Microsoft for 12 years in a variety of roles, most recently as corporate vice president of the company’s mobile communications business.

She initially ran for the Eighth Congressional District in 2010, but lost to Republican incumbent Dave Reichert after pouring a total of $4,024,786 into her campaign.

Throughout her congressional career, DelBene has raised around $18 million in campaign committee funds. Her top contributors come from her former employer Microsoft, the University of Washington, Amazon, the New Democrat Coalition and Puget Sound Energy.

She also reportedly still has around $1.1 million worth of shares in Microsoft, split between her and her husband.

DelBene’s money is distributed between her mutual funds, exchange-traded funds and real estate funds.

She was also suspected of violating the STOCK Act in late 2021 when she improperly disclosed her husband’s massive Microsoft stock sale days before he was nominated to an administration post by President Biden.

12. Rep. Peter Meijer (R)

Peter Meijer
Tom Caprara / Wikimedia Commons

Net worth: $60.5 million

Elected to Congress in 2020, Peter Meijer is the Republican representative for Michigan’s Third Congressional District.

Born into the Meijer superstore dynasty that generates over $18 billion in annual sales, he is one of the few members in his family to have never worked for the company outside of stocking shelves.

Meijer served in the Army Reserve for eight years, where he was deployed to Iraq from 2010 to 2011. He went on to work as a conflict analyst for a humanitarian organization from 2013 to 2015 and worked as an analyst at Olympia Development of Michigan.

His campaign committee funds throughout his short congressional career has accumulated to $4.5 million.

Some of the top contributors have been the RDV Corporation, his family company Meijer Inc., Amway/Alticor Inc., the Edward C. Levy Company and PVS Chemicals.

Meijer’s money is held in a “generation-skipping trust” that contains several assets, including stock in Johnson & Johnson, Home Depot, Tesla and Visa. He also reported having around $1.95 million in liabilities.

11. Rep. Roger Williams (R)

Roger Williams
Roger Williams / YouTube

Net worth: $67.4 million

First elected to Congress in 2012, Roger Williams is the Republican representative for Texas’ 25th Congressional District.

Before his congressional career, he was a minor league baseball player drafted to the Atlanta Braves in 1971. He also served as Regional Finance Chairman for Governor Bush in 1994 and went on to be the North Texas Chairman for the Bush/Cheney 2000 campaign. He was also appointed Governor Rick Perry’s Secretary of State in 2004.

Over the course of his career in Congress, Williams has raised $13,589,126 in campaign committee funds. Some of his top campaign contributors have been Lockheed Martin, Berkshire Hathaway, Martin Sprocket & Gear, Peirson & Patterson and Bass Brothers Enterprises.

Some of Williams’ wealth comes from his portfolio of mutual funds, select stocks and real estate. A lot of it comes from his ownership of several car dealerships in Texas and reported stake in two aircraft-leasing companies.

He reported around $4 million in liabilities and recently violated the STOCK Act when he didn’t properly disclose three stock transactions made by his wife, according to Business Insider.

10. Rep. Doris Matsui (D)

Doris Matsui
U.S. Army Corps of Engineers Sacramento District / Wikimedia Commons

Net worth: $73.8 million

First elected to Congress in 2005, Doris Matsui is the Democratic representative for California’s Sixth Congressional District.

Before her career as a congressperson, she served as one of eight members of President Bill Clinton’s transition board and later as Deputy Assistant to the President in the White House Office of Public Liaison. She was also Chairwoman of the board for the KVIE public television station in Sacramento.

Over the course of her congressional career, Matsui has raised approximately $9.6 million in campaign committee financing.

Some of her top campaign contributors have been Kelley, Drye & Warren, Plumbers/Pipefitters Union Local 447, the National Association of Realtors, the National Association of Convenience Stores and the Society of Independent Gasoline Marketers.

Matsui’s husband, Roger Sant, is the founder of the Fortune 500 holding company AES Corporation, which specializes in electricity generation and distribution.

Her funds are spread out amongst her exchange-traded funds, money-market funds, limited liability companies and trusts.

9. Rep. Trey Hollingsworth (R)

Trey Hollingsworth
Representative Trey Hollingsworth (IN-09) / YouTube

Net worth: $74.6 million

First elected to Congress in 2016, Trey Hollingsworth is the Republican representative for Indiana’s Ninth Congressional District.

Before entering Congress, he was a businessman who started Hollingsworth Capital Partners with his father based in Tennessee, where they built and marketed industrial facilities in over 17 states. This company was recognized as one of 2007’s fastest-growing private companies in the U.S. by Inc. Magazine.

When he was 15, Hollingsworth was featured in a Washington Post article titled “How I Got Rich On My Summer Vacation” — which mentioned he launched a successful internet start-up in addition to his school life.

His congressional career was kicked off using $1.5 million of his own money and $500,000 of his father’s. He has cumulatively raised $6,721,126 in campaign committee funds.

Some of the biggest donors to his campaign come from Ernst & Young, New York Life Insurance, the American Bankers Association, the National Beer Wholesalers Association and Ally Financial.

8. Sen. Richard Blumenthal (D)

Richard Blumenthal
Senate Democrats / Wikimedia Commons

Net worth: $85.2 million

Originally sworn into the House of Representatives in 2011, Richard Blumenthal is a Senator for Connecticut.

After graduating from Yale Law, Blumenthal enlisted in the United States Marine Corps Reserves in 1970. After law school, he clerked for U.S. District Judge Jon Newman and Supreme Court Justice Harry A. Blackmun.

He went on to serve five years as Connecticut’s Attorney General before becoming Senator.

Over the course of his congressional career, he has raised approximately $23.6 million in campaign committee funds.

Some of his top campaign contributions have been from his alma mater Yale University, Charter Communications, Altice USA, Belfer Management and Koskoff, Koskoff & Bieder.

Most of Blumenthal’s wealth is held by his wife, Cynthia Malkin, who reportedly has millions of dollars in various hedge funds, stocks and real estate. Her father is Peter L. Malkin, the chairman emeritus of Empire State Realty Trust and the chairman of Malkin Holdings.

7. Sen. Mitt Romney (R)

Mitt Romney
IowaPolitics.com / Wikimedia Commons

Net worth: $85.2 million

First elected in 2018, Mitt Romney is a Republican representative for Utah in the U.S. Senate.

Before his career in politics, Romney was a successful investment consultant and spent 20 years with the Boston-based consulting firm Bain & Company. During his time there, he gained a multimillion dollar fortune.

Romney was also Governor of Massachusetts and has made two unsuccessful presidential runs, in 2008 and 2012.

Over the course of his political career, he has raised around $610 million in campaign committee funds.

Most of his top contributors have come from big banks and investment firms like Goldman Sachs, Morgan Stanley, Bank of America, JPMorgan Chase & Co. and Wells Fargo.

Most of Romney’s fortune was gained during his time at Bain, but Romney’s wife, Ann, also has an extensive portfolio including millions of private-equity and hedge fund investments. In total, he’s reported around $4.5 million in liabilities from his wife.

6. Sen. Mark Warner (D)

Mark Warner
Mark Warner / Wikimedia Commons

Net worth: $93.5 million

First elected to the U.S. Senate in 2008, Mark Warner is a Democratic representative for Virginia.

Earlier, Warner served as Governor of Virginia from 2002 to 2006 before stepping down. There have been multiple pundits over the years that have talked about him being a potential vice presidential nomination, once in 2006 and in 2008, but he has debunked any such talk.

Over the course of his entire political career, he has raised over $60 million in campaign committee funds.

Some of his top campaign contributors have come from Dominion Energy, the Altria Group, JPMorgan Chase & Co., Norfolk Southern and Covington & Burling.

The bulk of Warner’s wealth comes from his time running the venture-capital firm Columbia Capital. He also ran the Capital Cellular Corporation, which focused on the wireless industry. He made $150 million over 10 years with these ventures.

Most of Warner’s wealth is now split amongst his mutual funds, private-equity funds and hedge funds.

5. Sen. Dianne Feinstein (D)

Dianne Feinstein
The United States Senate / Wikimedia Commons

Net worth: $96.5 million

First elected to the U.S. Senate in 1992, Dianne Feinstein is a Democratic representative for California.

Before becoming a Senator, she served on the California Women’s Board of Terms and Parole and chaired San Francisco’s Advisory Committee for Adult Detention. After two unsuccessful bids for mayor of San Francisco, she succeeded to the position after the assassinations of George Moscone and Harvey Milk.

Feinstein served as mayor until 1988 to start her congressional career.

Over her decades-long career in the Senate, she has raised around $71.2 million in campaign committee funds. Some of her top campaign contributions have come from the PG&E Corporation, Edison International, the University of California, EMILY’s List and the Walt Disney Company.

Most of Feinstein’s money is through her husband, Richard Blum — the president and chairman of the private equity firm Blum Capital. Feinstein herself has reported around $1 million in a deposit account. She also holds approximately $25 million in a blind trust.

4. Rep. Vern Buchanan (R)

Vern Buchanan
VernBuchanan / YouTube

Net worth: $113.3 million

First elected to Congress in 2013, Vern Buchanan is the Republican representative of Florida’s 16th Congressional District.

Before joining Congress, Buchanan was a partner of American Speedy Printing Center, helping them grow to almost 750 stores.

After selling the company in 1989, he came down to Florida to start in the auto business. His five dealerships made around $756 million in sales in 2004.

Over the course of his political career, Buchanan has raised $27,351,692 in campaign committee funds. Some of his biggest contributions have come from Benderson Development, Florida Cancer Specialists, Publix Super Markets, Bealls Inc. and NextEra Energy.

The majority of Buchanan’s money comes from his car dealerships and his ownership in a limited liability company named Aircraft Holdings & Leasing, valued between $25 and $50 million.

He reported around $14 million in liabilities, including loans for a plane and yacht, which are connected with his LLC.

3. Rep. Darrell Issa (R)

Darrell Issa
Gage Skidmore / Wikimedia Commons

Net worth: $115.8 million

First elected to Congress in 2000, Darrell Issa is the Republican representative of California’s 50th Congressional District.

Before joining Congress, Issa enlisted in the army when he was in high school, and went on to graduate from Sienna Heights University with a degree in business.

He was the CEO of a California-based electronics company, which became the country's lead manufacturer of anti-theft auto technology called Steal Stopper. He also served as chairman of the Consumer Electronics Association.

Over the course of his political career, Issa has raised $39,923,325 in campaign committee funds. Some of his top contributions have come from Leidos Inc., AT&T Inc., Google Inc., the National Beer Wholesalers Association and Microsoft Corp.

Issa’s wealth comes from his time working in the electronics industry with no reported ownership of any individual stocks. He mainly invests in diversified stock funds and property split between California and Ohio.

He’s reported to have one liability of a margin account holding for over $50 million.

2. Rep. Michael McCaul (R)

Michael McCaul
Ed Schipul / Wikimedia Commons

Net worth: $125.8 million

First elected to Congress in 2004, Michael McCaul is the Republican representative for Texas’ 10th Congressional District.

Before Congress, he worked as Chief of Counter Terrorism and National Security in the U.S. Attorney’s office, Western District of Texas. He was also Texas Deputy Attorney General and served as a federal prosecutor for the Department of Justice’s Public Integrity Section in Washington D.C.

Over the course of his political career, he has raised around $18.8 million in campaign committee funds. Some of his biggest campaign contributions have come from iHeartCommunications Inc., Dell Technologies, iHeartMedia Inc., AT&T Inc. and Deloitte LLP.

While reported to be the second richest person in Congress, none of his assets are solely his. Instead, a big portion of his wealth comes from his wife, Linda McCaul, who is the daughter of the founder of iHeartRadio.

They both own millions in limited liability companies and iShare funds. One of their biggest single stock investments is in Netflix.

1. Sen. Rick Scott (R)

Rick Scott
Gage Skidmore / Wikimedia Commons

Net worth: $200.3 million

First elected to the U.S. Senate in 2018, Rick Scott is a Republican representative for Florida.

Before his political career, Scott joined the Navy, where he served active duty as a radar man on the USS Glover. After the Navy, he made his career in the health care industry. He is the co-founder of two health care companies, Columbia Hospital Corporation — now HCA Healthcare — and Solantic.

He was also a venture capitalist, being an early investor in Alijor, a private online health care directory, for $3 million in 2005.

Over the course of his relatively short political career, he has raised around $88 million in campaign committee funds. Some of his top campaign contributions have come from Club for Growth, The Villages, NextEra Energy, GEO Group and Home Depot.

Scott has an extensive amount of holdings in stocks, bonds, LLCs, private-equity funds, gold trusts and treasury notes. He also holds very few individual stocks.

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About the Author

Chris Middleton

Chris Middleton

Freelance Writer

Chris Middleton is a freelance writer at Moneywise. He’s written for CBC News, blogTO, Parton and Pearl and a number of other places. He has a Master’s in Creative and Critical Writing from the University of Gloucestershire.

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