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Politics
The Wealthiest People In American Politics
By
CM Chaney
· February 15, 2024
The 25 Richest Politicians In The United States
Wealth and power often go hand-in-hand in politics. While there is no income requirement to run for office, most federal-level politicians are in fact multimillionaires. A review of prominent American politicians' net worth shows just how prosperous many of them are.
To qualify for this list, politicians needed to either currently hold national or statewide office, or be actively running for one. While the vast majority of those listed are multimillionaires, only three rise to the billionaire status - including former President Donald Trump. Most continue to rapidly accumulate wealth while in office.
Politicians from both the House of Representatives and the Senate are represented here. Though they come from different backgrounds and political parties, their bank accounts universally share at least one attribute – net worths firmly in the seven-figure tier.
VisitTheCapitol/Facebook
25. Rep. Kevin Hern (R-OK)
Net Worth: $26,800,000
Kevin Hern built multimillion-dollar wealth across banking, real estate, manufacturing, and sports before representing Oklahoma in the U.S. House since 2018.
repkevinhern/Facebook
24. Rep. Kathy Manning (D-NC)
Net Worth: $27,200,000
Kathy Manning represents North Carolina's 6th District in Congress, serving on the Education & Labor, Foreign Affairs, and Counterterrorism committees.
The White House/Wikimedia
23. Rep. Don Beyer (D-VA)
Net Worth: $29,800,000
Don Beyer, Virginia's Lieutenant Governor and 8th District U.S. Representative, is serving his 5th House term on the Joint Economic and Ways and Means Committees.
RepDonBeyer/Facebook
22. Rep. David Trone (D-MD)
Net Worth: $32,900,000
David Trone, elected in 2018 to represent Maryland's 6th District, serves on the House Appropriations, Budget, and Joint Economic Committees; he and his wife grew a beverage store he opened in graduate school into a 200+ store, 10,000+ employee business.
Maryland GovPics/Wikimedia
21. Rep. Jay Obernolte (R-CA)
Net Worth: $39,300,000
Jay Obernolte, a video game developer and business owner, represents California in Congress, serving on Natural Resources, Budget, Science & Technology committees and as the freshman GOP Policy Committee representative.
Congressman Jay Obernolte / Facebook
20. Rep. Vern Buchanan (R-FL)
Net Worth: $44,000,000
Vern Buchanan, Florida Congressman since 2013, co-chairs their bipartisan delegation, is Vice Chair of the tax, trade, and healthcare-overseeing Ways and Means Committee, and Chairs their Health Subcommittee, while continuing to gain wealth from his automotive dealerships.
CongressmanBuchanan/Facebook
19. Rep. Suzan DelBene (D-WA)
Net Worth: $52,200,000
Suzan DelBene, a former Microsoft executive owning stock and real estate, has served in Congress since 2012 on the Ways and Means Committee and chairs the New Democrat Coalition and other caucuses.
Lance Cheung/Wikimedia
18. Sen. Roger Williams (R-TX)
Net Worth: $67,400,000
Roger Williams, former Texas Secretary of State and Congressional coach, has gained wealth through business and served in Congress since 2013 chairing bipartisan Baseball and College Football caucuses.
RepRogerWilliams/Facebook
17. Rep. Doris O. Matsui (D-CA)
Net Worth: $74,000,000
Doris Matsui, serving in Congress since 2005, relocated from District 5 to District 6 in 2013; most of her wealth comes from her husband, AES Corporation founder Roger Sant, as she sits on the House Energy and Commerce Committee.
doris.matsui / Facebook
16. Sen. Richard Blumenthal (D-CT)
Net Worth: $85,000,000
Richard Blumenthal, Connecticut Senator since 2010, served as state Attorney General before election to Congress, where his wife Cynthia's hedge fund, stock, and real estate wealth fuels his seats on The Judiciary, Homeland Security, Armed Services, and Veterans Affairs Committees.
Senate Democrats/Wikimedia
15. Sen. Dianne Feinstein (D-CA)
Net Worth: $110,000,000
Dianne Feinstein, California's longest-serving woman Senator since 1992, co-authored the federal Assault Weapons Ban and other key legislation, with much of her wealth coming from husband Richard Blum's private equity firm Blum Capital.
Benjamin Dunn/Wikimedia
14. Rep. Nancy Pelosi (D-CA)
Net Worth: $120,000,000
Nancy Pelosi, California Representative for over 35 years, was the first woman Speaker of the House, playing key roles passing the Affordable Care Act and American Rescue Plan, with much of her wealth from husband's stocks and mutual funds.
US Department of Labor/Wikimedia
13. Gov. Greg Gianforte (R-MT)
Net Worth: $135,000,000
Greg Gianforte, elected Montana's Governor in 2020, made his fortune as an entrepreneur founding startups like RightNow Technologies, now one of Bozeman's biggest employers.
US House Office of Photography/Wikimedia
12. Rep. Michael McCaul (R-TX)
Net Worth: $200,000,000
Michael McCaul, Texas Congressman since 2005, previously led counterterrorism efforts as U.S. Attorney; his Congressional tenure includes chairing the Homeland Security and Foreign Affairs Committees, though the origins of his fortune are unclear.
Ed Schipul/Wikimedia
11. Rep. Scott Peters (D-CA)
Net Worth: $200,000,000
Scott Peters, a California Congressman and former environmental lawyer and San Diego councilman, made his fortune through venture capital investing.
scottpeterssandiego/Facebook
10. Sen. Mark Warner (D-VA)
Net Worth: $215,000,000
Former Virginia Governor and Congressman since 2009, Mark Warner founded the telecommunications capital firm Columbia Capital in the 1980s, investing early in Nextel and other companies to earn his multimillion dollar fortune.
Mark Warner/Wikimedia
9. Sen. Rick Scott (R-FL)
Net Worth: $300,000,000
Rick Scott, Florida's 45th Governor for two terms before his election as Senator in 2018, accrued his wealth as CEO of the healthcare company Columbia/HCA.
Carolyn Allen, State of Florida/Wikimedia
8. Sen. Mitt Romney (I-UT)
Net Worth: $300,000,000
Mitt Romney, 2012 Presidential candidate and former Massachusetts Governor, has served as Utah Senator since 2019 on various key committees, earning his wealth from Bain Capital and real estate investing.
Gage Skidmore/Wikimedia
7. Gov. Glenn Youngkin (R-VA)
Net Worth: $400,000,000
Glenn Youngkin entered politics in 2022 when elected as Virginia's Governor, after accumulating wealth as former co-CEO of private equity powerhouse The Carlyle Group.
Glenn Youngkin/Wikimedia
6. Gov. Jared Polis (D-CO)
Net Worth: $400,000,000
Jared Polis, elected Colorado Governor in 2019, first joined Congress in 2008 as an entrepreneur who co-founded ProFlowers and other ventures, now focusing on renewable energy and education access in office.
Airman 1st Class Joshua T. Crossman/Wikimedia
5. Gov. Jim Justice (R-WV)
Net Worth: $450,000,000
Jim Justice, West Virginia's 36th Governor since 2017, inherited and expanded his father's coal business to amass enough wealth to invest $1 billion in a mountain sports complex aiming to attract the U.S. Open to the state.
Governor Jim Justice/Wikimedia
4. Rep. Darrell Issa (D-CA)
Net Worth: $460,000,000
Darrell Issa, among the most influential in D.C. as California's richest Congressman, has grown his car alarm empire-fueled net worth from $330 million in 2015 to now over $460 million.
Gage Skidmore/Wikimedia
3. Gov. Doug Burgum (R-ND)
Net Worth: $1,100,000,000
North Dakota Governor Doug Burgum became the state's first billionaire through selling his company Great Plains Software to Microsoft, savvy tech investing, and later founding a real estate development firm and venture capital fund.
Gage Skidmore/Wikimedia
2. Fmr. President Donald J. Trump
Net Worth: $2,000,000,000
Donald Trump, 45th U.S. President from 2017-2021 now again seeking the 2024 Republican nomination, accrued his wealth mainly through real estate investments and reality television.
Official White House Photo by Joyce N. Boghosian/Wikimedia
1. Gov. J.B. Pritzker (D-IL)
Net Worth: $3,400,000,000
J.B. Pritzker, 43rd and current Governor of Illinois, is the wealthiest listed politician as heir to the Marmon and Hyatt Hotel empire, later founding a venture capital firm and managing the Pritzker private equity group.
GovPritzker/Facebook