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The founder of Vista, Calif.-based Directed Electronics, which manufactures car alarms, Darrell Issa has his investments anchored in two corporations that own and operate office and industrial properties in California: DEI LLC and Greene Properties Inc., valued at more than $50 million and from $25 million to $50 million, respectively. Issa also lists an investment in Viper LLC, a similar real estate firm, valued at $5 million to $25 million. Issa, who has no debts, also lists a money market fund valued at more than $50 million.
Vern Buchanan, whose empire includes auto dealerships, real estate and investment accounts, reported the sale of Avon, Colo.-based Beaver Creek LLC, previously valued at $5 million to $25 million, and sold in a transaction of the same amount. A Bowling Green, Ky., auto dealership previously valued as at least $1 million also appears as a sale on Buchanan’s financial disclosure, but he does not provide a transaction value.
Mike McCaul’s wealth comes from a significant jump in his wife’s LLM Partners Family Investments, which were valued at a minimum of $25 million in 2008. The same investment was valued at a minimum of $3.3 million in 2007. McCaul lists no assets to his name with his spouse and his dependent children claimed as his only income sources. McCaul’s family sold off most of its investments in the media conglomerate Clear Channel Communications Inc. In 2007, family investments in the media giant came in at a minimum value of $12.1 million. The lawmaker’s father-in-law, Lowry Mays, is the company’s chairman. McCaul’s wife also sold off her investments in Live Nation, an events-planning spinoff of Clear Channel, nearly halving that reported minimum amount. In 2007, McCaul’s Live Nation investments amounted to almost $1 million. The Texan lists no debts.
Jim Risch owns four investment ranch and farm properties in Idaho, totaling 284 acres, which together amount to at least $16 million. Risch also invests in American Trailer Sales Co., a Boise, Idaho-based manufacturer of custom trailers, and in Boise-based Sage Meadow Ranch Inc.
Rodney Frelinghuysen invests a significant amount of his wealth in the consumer goods giant Procter & Gamble. The lawmaker holds $1 million in company stock, with two family trusts investing a minimum of $6 million.
Cynthia Lummis’ prosperity is tied to three Cheyenne, Wyo.-based cattle ranches — Lummis Livestock Co., Arp & Hammond Hardware Co. and Old Horse Pasture Inc. — each valued at $5 million to $25 million. The lawmaker also lists the Laramie River Ranch in Wheatland, Wyo., valued at $500,000 to $1 million. Her husband, Al Wiederspahn, lists the Equipoise Corp. in Cheyenne with a value of $1 million to $5 million.
Senator Bob Corker maintains a number of real estate investments, including a Maryville, Tenn., shopping center and Chattanooga, Tenn., office building, each valued at $5 million to $25 million. In addition, Corker lists a share in Pointer (QP) LP Investments worth $5 million to $25 million. He includes two loans to the Julia Corker and Emily Corker trusts, valued at $1 million to $5 million.
John McCains' true value is difficult to ascertain because most of his assets are held by his wife or children, requiring less detail. McCain himself holds a checking account worth at least $50,000, as well as money market account worth less than $15,000. The Senator also lists several pending book deals.
Gary Miller maintains his largest asset: 382 acres of vacant land in Rancho Cucamonga, Calif., valued at $5 million to $25 million. The Californian also owns vacant land in Rialto, Calif., valued at $1 million to $5 million, and two Diamond Bar, Calif., properties valued at $500,000 to $1 million each. Miller’s other holdings included investments of at least $1 million each in Capitol Source Bank, Countrywide Bank, Indymac Bank and Vineyard Bank. He also keeps at least $1 million in Pomona Bank & Trust 1st Federal.
Lamar Alexander owns $5 million to $25 million of stock in Processed Foods Corp., a Knoxville-based company where he served on the board prior to his election to the Senate in 2002. His wife also owns “over $1 million” in company stock. The Alexanders also list numerous real estate holdings, including commercial buildings and undeveloped properties, such as a Nantucket, Mass., plot that Alexander values at $1 million to $5 million, which his wife also lists as an asset valued at “over $1 million.”
Kenny Marchant managed to increase his holdings by at least $1.4 million. Bonita Land and Cattle partnership continues to be Marchant’s largest asset, valued at a minimum of $5 million. Another of the lawmaker’s main investments includes at least $1 million with the limited partnership Ashwood Court Inc. held in Marken Interests. Marchant’s other investments in Marken Interests come in at more than $5 million, including at least $1 million in a First Dallas Securities Hodges Managed trust and another minimum $1 million investment in 73 acres in Fort Worth, Texas. Marchant also holds at least $1 million in a separate stock and bond account with First Dallas Securities. Marchant attached more than 1,400 pages to his financial disclosure form when filing this year. The pages primarily detail income from the lawmaker’s various trusts and partnerships. However, it is impossible to match up the precise values of the assets from the attachments.
Olympia Snowes' fortunes are tied to the Pittsburgh-based Education Management Corp., where her husband, ex-Maine Gov. John McKernan (R), serves as chairman of the board of directors. Snowes' spouse owns Education Management stock valued at $5 million to $25 million, as well as another $1 million to $5 million in an Education Management stock option agreement.The Senator also lists a joint money market account valued at $1 million to $5 million.
Denny Rehberg’s wealth is primarily held in real estate. The lawmaker owns two rental properties in Montana valued at a combined minimum of $350,000. He also holds at least $11.5 million in several farm and ranch properties.
John Campbell continues to hold a majority of his wealth in real estate. The lawmaker listed a new trust, M. McNee Campbell Trust, to his disclosure, valued at $800,000. He listed no debts.
Jim Sensenbrenner, who files a detailed report of his net worth in addition to the standard financial disclosure report, several homes, including an Alexandria, Va., residence valued at $1.5 million, a Wisconsin condominium valued at $155,000 and an interest in a Wisconsin home valued at $1 million. He also lists $7,800 in traveler’s checks.
Fred Upton increased his wealth by a minimum of $860,000 last year. Upton’s largest investment is with a family trust valued at $5 million to $25 million. The same family trust lists a holding of at least $1 million in cash. One of the lawmaker’s major holdings includes an investment with the Michigan-based Whirlpool Appliances, which is in the Congressman’s district and was founded by the Upton family. Upton lists at least $1 million in investments with Whirlpool while the family trust invests another $1 million in the company. Upton’s other major assets include $1 million minimum investment in Hilliard-Lyons Government Fund Inc. The lawmaker claimed no debts.
Combined with his wife and dependent child, Jonathan, New York lawmaker Chris Lee listed more than $1.5 million in Fidelity money market accounts. Lee listed individual ownership of a new Fidelity money market account valued at a minimum of $1 million. He also invests a minimum of $1.5 million in Summit Rock limited partnership and at least $800,000 in a federated money market account. The lawmaker listed no debts.
Tom Prices' assets include a Minnesota Life Annuities insurance fund valued at $1 million to $5 million, as well as real estate holdings including a vacant lot Price owns with his wife in St. Simons, Ga., valued at $1 million to $5 million.
John Linder converted a portion of his portfolio to farmland, with the addition of a Myrtle, Miss., farm. The Georgia lawmaker and his wife bought the farm in September 2008, and each lists an investment in the property valued at $1 million to $5 million. Linder and his wife also added stock in Nuveen NIO in December, with each investment valued at between $500,000 and $1 million. Linder also owns a “note receivable” from Grayling Industries, the Georgia manufacturer of plastic packaging that he sold in 2007 for a capital gain of more than $5 million, valued at $1 million to $5 million. In addition, his spouse owns at least $600,000 in Mississippi timberland.
David Dreier’s largest asset continues to be the Kansas City, Mo., Tiffany Manor apartment building, which is valued at $5 million to $25 million. The lawmaker also invests $500,000 in Oklahoma Publishing Co., which produces the Oklahoman newspaper. The lawmaker lists no debts.
Johnny Isaaksons' real estate holdings include a Marietta home valued at a minimum of $500,000, as well as 12 acres in Rabun, Ga., valued at “over $1 million,” as well as condominiums in Georgia and Washington, D.C., each valued at least $250,000.
Randy Neugebauer’s Washington, D.C., property inched over $1 million in fair market value, pushing it up a notch from the $500,000 to $1 million category it occupied the previous year. The former developer maintains a portfolio with numerous real estate holdings and partnerships, as well as $1.4 million in bonds in multiple states. Neugebauer also reported buying and selling U.S. Treasury Bonds in transactions valued at a combined $1 million to $5 million. The Texas lawmaker also reported the purchase of a “watercraft” by Empowerment Enterprises LLC, owned jointly with his spouse, valued at $500,000 to $1 million.
Mitch McConnell reported a minimum net worth of $6.15 million in his most recent financial disclosure report.
The Kentucky Senator reported two new money market funds, including one valued at between $5 million and $25 million. A notation on McConnell’s financial disclosure form indicates the investment funds are a “gift from filer’s relative.”
http://www.rollcall.com/features/Guide-to-Congress_2009/guide/-38181-1.html
Vern Buchanan, whose empire includes auto dealerships, real estate and investment accounts, reported the sale of Avon, Colo.-based Beaver Creek LLC, previously valued at $5 million to $25 million, and sold in a transaction of the same amount. A Bowling Green, Ky., auto dealership previously valued as at least $1 million also appears as a sale on Buchanan’s financial disclosure, but he does not provide a transaction value.
Mike McCaul’s wealth comes from a significant jump in his wife’s LLM Partners Family Investments, which were valued at a minimum of $25 million in 2008. The same investment was valued at a minimum of $3.3 million in 2007. McCaul lists no assets to his name with his spouse and his dependent children claimed as his only income sources. McCaul’s family sold off most of its investments in the media conglomerate Clear Channel Communications Inc. In 2007, family investments in the media giant came in at a minimum value of $12.1 million. The lawmaker’s father-in-law, Lowry Mays, is the company’s chairman. McCaul’s wife also sold off her investments in Live Nation, an events-planning spinoff of Clear Channel, nearly halving that reported minimum amount. In 2007, McCaul’s Live Nation investments amounted to almost $1 million. The Texan lists no debts.
Jim Risch owns four investment ranch and farm properties in Idaho, totaling 284 acres, which together amount to at least $16 million. Risch also invests in American Trailer Sales Co., a Boise, Idaho-based manufacturer of custom trailers, and in Boise-based Sage Meadow Ranch Inc.
Rodney Frelinghuysen invests a significant amount of his wealth in the consumer goods giant Procter & Gamble. The lawmaker holds $1 million in company stock, with two family trusts investing a minimum of $6 million.
Cynthia Lummis’ prosperity is tied to three Cheyenne, Wyo.-based cattle ranches — Lummis Livestock Co., Arp & Hammond Hardware Co. and Old Horse Pasture Inc. — each valued at $5 million to $25 million. The lawmaker also lists the Laramie River Ranch in Wheatland, Wyo., valued at $500,000 to $1 million. Her husband, Al Wiederspahn, lists the Equipoise Corp. in Cheyenne with a value of $1 million to $5 million.
Senator Bob Corker maintains a number of real estate investments, including a Maryville, Tenn., shopping center and Chattanooga, Tenn., office building, each valued at $5 million to $25 million. In addition, Corker lists a share in Pointer (QP) LP Investments worth $5 million to $25 million. He includes two loans to the Julia Corker and Emily Corker trusts, valued at $1 million to $5 million.
John McCains' true value is difficult to ascertain because most of his assets are held by his wife or children, requiring less detail. McCain himself holds a checking account worth at least $50,000, as well as money market account worth less than $15,000. The Senator also lists several pending book deals.
Gary Miller maintains his largest asset: 382 acres of vacant land in Rancho Cucamonga, Calif., valued at $5 million to $25 million. The Californian also owns vacant land in Rialto, Calif., valued at $1 million to $5 million, and two Diamond Bar, Calif., properties valued at $500,000 to $1 million each. Miller’s other holdings included investments of at least $1 million each in Capitol Source Bank, Countrywide Bank, Indymac Bank and Vineyard Bank. He also keeps at least $1 million in Pomona Bank & Trust 1st Federal.
Lamar Alexander owns $5 million to $25 million of stock in Processed Foods Corp., a Knoxville-based company where he served on the board prior to his election to the Senate in 2002. His wife also owns “over $1 million” in company stock. The Alexanders also list numerous real estate holdings, including commercial buildings and undeveloped properties, such as a Nantucket, Mass., plot that Alexander values at $1 million to $5 million, which his wife also lists as an asset valued at “over $1 million.”
Kenny Marchant managed to increase his holdings by at least $1.4 million. Bonita Land and Cattle partnership continues to be Marchant’s largest asset, valued at a minimum of $5 million. Another of the lawmaker’s main investments includes at least $1 million with the limited partnership Ashwood Court Inc. held in Marken Interests. Marchant’s other investments in Marken Interests come in at more than $5 million, including at least $1 million in a First Dallas Securities Hodges Managed trust and another minimum $1 million investment in 73 acres in Fort Worth, Texas. Marchant also holds at least $1 million in a separate stock and bond account with First Dallas Securities. Marchant attached more than 1,400 pages to his financial disclosure form when filing this year. The pages primarily detail income from the lawmaker’s various trusts and partnerships. However, it is impossible to match up the precise values of the assets from the attachments.
Olympia Snowes' fortunes are tied to the Pittsburgh-based Education Management Corp., where her husband, ex-Maine Gov. John McKernan (R), serves as chairman of the board of directors. Snowes' spouse owns Education Management stock valued at $5 million to $25 million, as well as another $1 million to $5 million in an Education Management stock option agreement.The Senator also lists a joint money market account valued at $1 million to $5 million.
Denny Rehberg’s wealth is primarily held in real estate. The lawmaker owns two rental properties in Montana valued at a combined minimum of $350,000. He also holds at least $11.5 million in several farm and ranch properties.
John Campbell continues to hold a majority of his wealth in real estate. The lawmaker listed a new trust, M. McNee Campbell Trust, to his disclosure, valued at $800,000. He listed no debts.
Jim Sensenbrenner, who files a detailed report of his net worth in addition to the standard financial disclosure report, several homes, including an Alexandria, Va., residence valued at $1.5 million, a Wisconsin condominium valued at $155,000 and an interest in a Wisconsin home valued at $1 million. He also lists $7,800 in traveler’s checks.
Fred Upton increased his wealth by a minimum of $860,000 last year. Upton’s largest investment is with a family trust valued at $5 million to $25 million. The same family trust lists a holding of at least $1 million in cash. One of the lawmaker’s major holdings includes an investment with the Michigan-based Whirlpool Appliances, which is in the Congressman’s district and was founded by the Upton family. Upton lists at least $1 million in investments with Whirlpool while the family trust invests another $1 million in the company. Upton’s other major assets include $1 million minimum investment in Hilliard-Lyons Government Fund Inc. The lawmaker claimed no debts.
Combined with his wife and dependent child, Jonathan, New York lawmaker Chris Lee listed more than $1.5 million in Fidelity money market accounts. Lee listed individual ownership of a new Fidelity money market account valued at a minimum of $1 million. He also invests a minimum of $1.5 million in Summit Rock limited partnership and at least $800,000 in a federated money market account. The lawmaker listed no debts.
Tom Prices' assets include a Minnesota Life Annuities insurance fund valued at $1 million to $5 million, as well as real estate holdings including a vacant lot Price owns with his wife in St. Simons, Ga., valued at $1 million to $5 million.
John Linder converted a portion of his portfolio to farmland, with the addition of a Myrtle, Miss., farm. The Georgia lawmaker and his wife bought the farm in September 2008, and each lists an investment in the property valued at $1 million to $5 million. Linder and his wife also added stock in Nuveen NIO in December, with each investment valued at between $500,000 and $1 million. Linder also owns a “note receivable” from Grayling Industries, the Georgia manufacturer of plastic packaging that he sold in 2007 for a capital gain of more than $5 million, valued at $1 million to $5 million. In addition, his spouse owns at least $600,000 in Mississippi timberland.
David Dreier’s largest asset continues to be the Kansas City, Mo., Tiffany Manor apartment building, which is valued at $5 million to $25 million. The lawmaker also invests $500,000 in Oklahoma Publishing Co., which produces the Oklahoman newspaper. The lawmaker lists no debts.
Johnny Isaaksons' real estate holdings include a Marietta home valued at a minimum of $500,000, as well as 12 acres in Rabun, Ga., valued at “over $1 million,” as well as condominiums in Georgia and Washington, D.C., each valued at least $250,000.
Randy Neugebauer’s Washington, D.C., property inched over $1 million in fair market value, pushing it up a notch from the $500,000 to $1 million category it occupied the previous year. The former developer maintains a portfolio with numerous real estate holdings and partnerships, as well as $1.4 million in bonds in multiple states. Neugebauer also reported buying and selling U.S. Treasury Bonds in transactions valued at a combined $1 million to $5 million. The Texas lawmaker also reported the purchase of a “watercraft” by Empowerment Enterprises LLC, owned jointly with his spouse, valued at $500,000 to $1 million.
Mitch McConnell reported a minimum net worth of $6.15 million in his most recent financial disclosure report.
The Kentucky Senator reported two new money market funds, including one valued at between $5 million and $25 million. A notation on McConnell’s financial disclosure form indicates the investment funds are a “gift from filer’s relative.”
http://www.rollcall.com/features/Guide-to-Congress_2009/guide/-38181-1.html