Thursday, September 03, 2009

John Heinz Kerry the Wealthiest U.S. Politician

Thanks to marrying Mama T, of course. Otherwise he'd probably be a pauper compared to some on this list.
The new kids walking the halls of Congress this year are also some of Capitol Hill’s richest lawmakers.

About a tenth of the 50 wealthiest lawmakers were either voted in during the election last November or appointed during early 2009. Reps. Jared Polis (D-Colo.) and Alan Grayson (D-Fla.), as well as appointed Sens. Michael Bennet (D-Colo.) and Ted Kaufman (D-Del.), are among the newcomers with pockets deep enough to make it on to The Hill’s Rich List.

The richest lawmaker is Sen. John Kerry (D-Mass.), a veteran senator and 2004 presidential nominee, who has a net worth of at least $167.8 million, thanks to his wife’s fortune. Some of the members well known for their wealth, such as Reps. Darrell Issa (R-Calif.) and Jane Harman (D-Calif.), are also on the Rich List, with hundreds of millions of dollars in assets.

Kerry and Harman have seen their fortunes decrease by millions of dollars compared to their reported wealth in previous years. Harman’s headline worth fell by more than $100 million from her 2007 estimate. Kerry saw a decline of more than $70 million. Issa, however, got richer. His wealth increased by at least $4 million, compared to reports from last year.
It doesn't indicate how Issa made is fortune, although he's apparently a savvy investor if he managed to make money in the past year.

Of the top 50, there are 26 Democrats and 24 Republicans. Keep that in mind when you hear these wealthy liberals playing the class warfare game.

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