This list of members of the United States Congress by wealth includes the fifty richest members of
Congress
A congress is a formal meeting of the representatives of different countries, constituent states, organizations, trade unions, political parties, or other groups. The term originated in Late Middle English to denote an encounter (meeting of ...
as of 2018. It displays the net worth (the difference between
asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that c ...
s and
liabilities) for the member and their immediate family, such as a spouse or dependent children. These figures offer only an estimation of wealth, as the Congressional financial disclosure rules use value ranges instead of exact amounts.
As an upper range is not specified for values over $50 million (or over $1 million for a spouse), large assets are not represented accurately. Additionally, government salaries and personal residences are not typically included in disclosures. Furthermore, several members of Congress do not use a standardized electronic format, instead filing reports that range from vague to indecipherable. As of 2020, over half of the members of Congress were millionaires and the median net worth of members was approximately $1 million.
The original documents for each member's disclosure are publicly available on a database website, maintained by
OpenSecrets
OpenSecrets is a nonprofit organization based in Washington, D.C., that tracks data on campaign finance and lobbying. It was created from a merger of the Center for Responsive Politics (CRP) and the National Institute on Money in Politics (NIMP) ...
.
Since 2009, the salaries per annum of members of the United States Congress have been as follows:
As of 2019 and 2018, the top 50 wealthiest members of the United States Congress were as follows:
*based on 2018 information
See also
*
List of richest American politicians
*
Stop Trading on Congressional Knowledge Act
References
{{DEFAULTSORT:Current members of the United States Congress by wealth
Wealth
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an I ...
Wealth
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an I ...
United States Congress
The United States Congress is the legislature of the federal government of the United States. It is Bicameralism, bicameral, composed of a lower body, the United States House of Representatives, House of Representatives, and an upper body, ...
Congress
A congress is a formal meeting of the representatives of different countries, constituent states, organizations, trade unions, political parties, or other groups. The term originated in Late Middle English to denote an encounter (meeting of ...
Economy of the United States-related lists