Here's a look at 9 ultra-rich members of Congress

Millionaires aren't difficult to find on Capitol Hill. And with each passing election cycle, money seemingly plays an increasingly bigger role.

Mar 25, 2025 - 21:11

Here's a look at 9 ultra-rich members of Congress

It's not difficult to find wealthy lawmakers on Capitol Hill.
Some members have amassed considerable levels of wealth from business ventures and investments.
And it's not a partisan affair: Democrats and Republicans both have several ultra-rich members.

When many Americans think of Capitol Hill, the image of well-heeled politicians often comes to mind.

Sure, you don't have to be a multimillionaire to win a congressional race, but having an abundance of wealth doesn't hurt. That's especially the case for candidates who can self-fund, which allows parties to divert critical dollars to nominees in competitive races.

While every lawmaker isn't rich — even as some have leveraged their profiles to attain lucrative book deals — there are many members who have net worths of at least $1 million.

And then there are the lawmakers who are considerably wealthy, even by congressional standards.

Here's a look at some of the richest members of Congress:

Sen. Rick Scott of Florida

Sen. Rick Scott on Capitol Hill. — Scott, who easily won reelection to a second term in November 2024, was a cofounder of HCA Healthcare and Solantic.
Graeme Sloan for The Washington Post via Getty Images

Scott — a former two-term Florida Republican governor who won a second term in the Senate in November 2024 — was a cofounder of both the Columbia Hospital Corporation and Solantic.

The corporation merged with HCA in 1994, which created Columbia/HCA, a highly-recognizable operator of hospitals and health care facilities. (It's now known as HCA Healthcare).

The senator has a reliably conservative voting record on Capitol Hill.

Business Insider estimates Scott's net worth to be at least $296.3 million. Quiver Quantitative, a firm that tracks lawmakers' stock trades and estimates their total net worths, estimates that Scott is worth roughly $550.7 million.

Rep. Kevin Hern of Oklahoma

Hern, the current chairman of the House Republican Policy Committee, has served in the lower chamber since November 2018.

The congressman, who was once a manager at McDonald's, would eventually own 18 franchise locations in the Tulsa metropolitan area. He was also the cofounder of Firstar Bank, a community banking institution.

BI estimates that Hern is worth at least $64.7 million. Quiver Quantitative's live estimate pegs Hern at $109.4 million.

Rep. Darrell Issa of California

Issa has represented parts of the San Diego area for more than two decades, with stints in the House from 2001 to 2019 and from 2021 to the present.

An ex-chairman of the powerful Oversight Committee during much of former President Barack Obama's administration, BI estimates that Issa is worth at least roughly $309.4 million. Quiver's estimate is slightly lower at $234.7 million.

The GOP congressman amassed much of his fortune from vehicle anti-theft products.

According to his disclosure, Issa has an investment account worth over $50 million. He also has a line of credit at UBS tied to the account, but nothing was borrowed from it in 2023.

Former House Speaker Nancy Pelosi of California

Rep. Nancy Pelosi of California. — Pelosi led the House Democratic Caucus for 20 years.
John Lamparski/Getty Images

Pelosi, who has served in the House since 1987, rose through the ranks to become the first female speaker in US history in 2007.

When Democrats lost their House majority following the 2010 midterms, Pelosi stayed on as the party's leader in the lower chamber. She went on to reclaim the speaker's gavel in 2019, and Democrats retained control of the chamber until 2023.

BI estimates that Pelosi is worth at least $50.9 million, while Quiver Quantitative places her at $285.05 million.

Pelosi has drawn criticism over the years for enacting stock transactions where she and her husband, Paul Pelosi, have made significant profits.

In 2021, Pelosi pushed back against pursuing a stock-trading ban for members when questioned by BI, but later said she'd consider such proposals. (A Democratic-backed bill never came up for a vote in the 117th Congress.)

Sen. Mark Warner of Virginia

Warner, a former Virginia governor now in his third term in the Senate, was a cofounder of the Capital Cellular Corporation in the late 1980s and made his fortune through early investments in the cellular telephone business.

BI estimates Warner's worth at least $131.1 million, while Quiver estimates his worth at roughly $245.4 million.

The Democratic lawmaker currently serves as the vice chair of the Senate Intelligence Committee and also sits on the Banking, Budget, Finance, and Rules committees.

Rep. Dan Goldman of New York

In 2022, Goldman, an heir to the Levi Strauss & Co. fortune, catapulted to the top of a crowded Democratic Party primary to represent New York's 10th Congressional District. He went on to easily win the general election race that year.

Goldman ranks as one of the House's wealthiest members. BI estimates he is worth at least $158.1 million, while Quiver estimates that the Levi Strauss heir is roughly $183.6 million.

The congressman previously served as an assistant US attorney for the Southern District of New York and was lead counsel in President Donald Trump's first impeachment trial.

Sen. Pete Ricketts of Nebraska

Ricketts, an ex-Nebraska governor and current US senator, is the son of billionaire businessman and TD Ameritrade founder Joe Ricketts.

Ricketts — also a part owner of the Chicago Cubs alongside several members of his family — is worth at least $79.4 million. Quiver estimates he is worth about $172.9 million.

Rep. Suzan DelBene of Washington

DelBene has deep expertise in the world of tech, having served as an executive at Microsoft before jumping into politics and winning her first House race in 2012.

The congresswoman, who currently chairs the Democratic Congressional Campaign Committee, is worth at least $70.9 million. Quiver estimates she is worth roughly $126.3 million.

Sen. Dave McCormick of Pennsylvania

Sen. David McCormick of Pennsylvania. — McCormick won a hotly-contested Senate race in November 2024.
Michael M. Santiago/Getty Images

McCormick, the former chief executive of the hedge fund Bridgewater Associates, first sought the GOP nomination for US Senate in 2022 — but narrowly fell short to celebrity doctor Mehmet Oz. (Oz went on to lose to Democrat John Fetterman.)

Two years later, McCormick won the Republican Senate nomination and a highly-competitive general election race against Democratic Sen. Bob Casey Jr., an institution in Pennsylvania politics.

McCormick is now a freshman senator, and he's among the body's wealthiest members. According to BI's estimates, McCormick is worth at least $123 million.

A note about our methodology: Business Insider calculated lawmakers' net worth based on their most recent financial disclosures. Members of Congress only have to estimate broad ranges over their assets. BI's estimates are based on the combined value of the lowest range of these estimates minus any liabilities lawmakers might have. Lawmakers are not required to report the value of their residence.

Based on this conservative approach, BI's estimates will likely be significantly less than others, including Quiver Qualitative's. Unlike Quiver, BI did not calculate the live value of lawmakers' stock holdings. Quiver's live estimates are as of March 25, 2025.

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