All from well timed purely coincidental investments to be sure.
Rose, who joined Congress in 2019, reported an ownership stake in several residential buildings across the country. Rose also owned at least $500,000 worth of stock in Citizens Bank and more than $100,000 worth of Alphabet stock, and he reported 100% ownership of Rose Farm, worth between $5 million and $25 million.
Upton’s fortune mainly derives from an appliance company that his grandfather founded, Whirlpool,
The bulk of Obernolte’s fortune stems from his ownership of FarSight Studios, a video-game company in Big Bear Lake, California, that he launched in 1988. Obernolte, who joined Congress in 2019,
According to Queen Nancy, it's "a free market", so it's OK for them to trade on material, non-public information.
Williams’ wealth is primarily split among mutual funds, a few select stocks, real property, and the ownership of several car dealerships in Texas worth more than $5 million. Williams also reported a stake in two aircraft-leasing companies.
Hollingsworth’s wealth primarily comes from his involvement with Hollingsworth Capital Partners, a Tennessee group that builds and markets industrial facilities in 17 states, according to his financial disclosure.
The bulk of Romney’s wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO.
Buchanan’s wealth primarily comes from his ownership of several car dealerships, in addition to a limited liability company that was labeled as “Aircraft Holding & Leasing” and valued at $25 million to $50 million. Buchanan also founded a printing company, American Speedy Printing, in the late 1970s.
Much of Issa’s fortune comes from a car-alarm system called Steal Stopper and his time as the CEO of Directed Electronics. His financial filings indicated that each of Issa’s assets is jointly owned. Issa did not report owning any individual stocks — his wealth is largely held in diversified stock funds and his ownership of properties in California and Ohio.
McCaul is thought to be the second-richest person in Congress, though none of the assets or holdings reported in his 65-page financial disclosure were his alone, belonging to his wife or dependent children. The bulk of his fortune is from his wife, Linda, the daughter of the founder of the media giant iHeartRadio.
Cattle Futures is really hot, or so I’ve heard.....................
Scott, who assumed office in 2019, cemented his No. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. Scott holds relatively few individual stocks.
The senator is the cofounder of two
healthcare companies
: Columbia Hospital Corporation (now HCA Healthcare) and Solantic. He also worked as a venture capitalist, investing in several technology and healthcare companies.
It was fun reading and learning that the rich female members of Congress don’t hold anything on their own - it’s their HUSBANDS who are the investors and wealthy (Feinstein/Pelosi) and the rich male members don’t hold anything on their own - it’s their WIVES who are investors/trust funds/CEO’s etc. Please tell me what the wife of Blumenthal found appealing in him - I can see why he found her appealing - HER MONEY! There was a link to another article of those bordering on illegality with insider information/trading. Penalty? NADA!
They really do take us for a bunch of dummies, don’t they?
Also this - seems they’re not very good a managing their own money:
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
A few members of Congress’ minimum sum of liabilities far surpassed the minimum sum of their disclosed assets.
These five members’ negative estimated wealth stemmed from high-priced mortgages:
Rep. Lucille Roybal-Allard, a Democrat from California: -$1,008,000
Rep. Steven Horsford, a Democrat from Nevada: -$1,047,992
Sen. Cynthia Lummis, a Republican from Wyoming: -$1,401,991
Sen. Tammy Duckworth, a Democrat from Illinois: -$1,877,936
Rep. August Pfluger, a Republican from Texas: -$2,000,002