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Where Did the Wealthiest Congressmen Get Their Money?
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FBN’s Gerri Willis on how the richest lawmakers got their wealth.
- Duration 1:49
- Date Aug 21, 2012
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FBN’s Gerri Willis on how the richest lawmakers got their wealth.
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We'll when they talk about the 1%.
The folks in congress must get tweet -- That's because lawmakers have a stunning amount of wealth according to the -- annual rankings of legislatures who legislate -- that is who are loaded.
Some of the new appeal fashioned way inherited from daddy -- -- well while others actually Arnett.
The -- is a -- are many but the numbers are stunning as I'm about to show you congressman Michael let's call Republican from Texas.
His network has some 219.
Million dollars and that's at the low -- because that's the way these numbers are put together -- -- his money come from well.
His father in -- is founder of Clear Channel Communications -- you've heard of that company right.
Well talk about a silver spoon he's definitely got it and then there's John Kerry you're expecting him right.
Well the senator is worth almost 200 million dollars -- Democrat from Massachusetts in his wife.
That's right he married -- -- it is Teresa Heinz Kerry the Heinz Ketchup fortune.
Talk about anticipation.
Carry often tops -- list and it's the richest Democrat.
Congressman -- I think is at number three the Republican -- California with a 140 million dollars down from last year.
He made his fortune -- security systems with a company -- he founded called directed electronics.
The Republican heads the powerful house committee on oversight and government reform.
Number four is congressman Jerry policy see right here Democrat from Colorado.
He's at 91 million this -- total sit out the lawmaker has invested heavily in tech companies and the Internet clearly avoiding FaceBook I guess.
Number five is Mark Warner the Virginia senator who was an early investor in Nextel and a venture capitalist.
And if you keeping score Republicans dominate the list for the second year in a row 31 of these big winners are in the House of Representatives and nineteen -- for.