Many people have said that public service does not pay, but they obviously have not taken a look at the list we are about to provide you with. While it is true that many people elected to public office have little wealth to speak of, there are others that have a considerable nest egg to fall back on. Some might question how they got this money, but that is beside the point. Others feel it is good to have money when you enter office as it will make you less amenable to accepting bribes. Unless you are in public office, we suppose, the answer to that will remain a mystery. Regardless, here are the 10 richest senators currently serving in 2019.
10. Ron Johnson - Estimated net worth of $10.4 Million
Senator Johnson has lived in Wisconsin since 1979. He is married and started a sheet extruder business with his brother-in-law. This is where much of his wealth comes from. He was the CEO of the company following its sale in 1987 until he was elected to the Senate for the fist time back in 2010. He narrowly won reelection again in 2016. This easily puts him on the list of the 10 richest Senators in 2019.
9. Mitch McConnell - Estimated Net Worth of $10.4 Million
In addition to being the majority leader of the Senate, Mitch McConnell has a personal wealth of over $10 million. He has been in the Senate for quite some time, first being elected back in 1984. He was first elected minority leader in the Senate in 2004, and then promoted to the Majority Leader when the Republicans took control of the Senate in 2015. Much of his personal wealth have come because of a gift bestowed to him in 2008 by his father-in-law. This easily puts him on the list of the 10 richest Senators in 2019
8. Jim Risch - Estimated Net Worth of $15.6 Million
Jim Risch rose to political fame by first becoming the lieutenant governor of Idaho in 2003 and then serving as governor in 2006. He was first elected to the Senate in Idaho back in 1974. He was first elected to the U.S. Senate in 2008 and then easily elected again in 2014. He has a personal wealth of over $15 million, easily making him one of the richest senators currently serving in 2019.
7. David Perdue - Estimated Net Worth of $15.8 Million
Senator Perdue was in business before being elected to the Senate in 2014. He began his career in business as a management consultant. It was in 1992 that he became a Vice President at Sara Lee. For the next ten years, he would continue amassing his fortune by working with companies such as Haggar Clothing and Reebok. Through it all, he has accumulated a net worth of roughly $15.8 million today. This easily puts him on the list of the 10 richest Senators in 2019.
6. John Hoeven - Estimated Net Worth of $17.9 Million
Senator Hoeven makes the list of the wealthiest Senators because of his work in the private sector as a banker, prior to being elected to the U.S. Senate from North Dakota back in 2011. He was also the governor of North Dakota for ten years from 2000 to 2010. He went to Dartmouth College and is a graduate of the Kellogg School of Management. He has a current net worth of just under $18 million. This easily puts him on the list of the 10 richest Senators in 2019.
5. Bob Corker - Estimated Net Worth of $23.1 Million
Bob Corker has been the Senator from Tennessee since first being elected back in 2006. He was a prominent businessman prior to that and has also served as the Chair of the Senate Foreign Relations Committee for four years. He is a member of the Republican Party and a graduate of the University of Tennessee. His net worth is currently valued at just over $23 million. This easily puts him on the list of the 10 richest Senators in 2019.
4. Claire McCaskill - Estimated Net Worth of $26.9 Million
Claire McCaskill has spent more than a decade as a U.S. Senator from Missouri, having first been elected to her seat back in 2006. Before that, she was the auditor for the state of Missouri. This position lasted from 1999 to 2007. She is a native of Missouri, which helps explain why she easily won election to her Senate seat. She also attended Georgetown University and the Missouri School of Law. Her net worth is currently just under $27 Million. This easily puts him on the list of the 10 richest Senators in 2019.
3. Dianne Feinstein - Estimated Net Worth of $58.5 Million
Senator Feinstein was the mayor of San Francisco prior to being elected at the Senior from California back in 1992. She was considerable wealth to the tune of just under $60 Million. This easily puts him on the list of the 10 richest Senators in 2019.
2. Richard Blumenthal - Estimated Net Worth of $70.0 Million
Senator Blumenthal was a lawyer prior to being elected to the Senate in 2011. He assembled quite a fortune to the tune of $70 million prior to taking the oath of office. This easily puts him on the list of the 10 richest Senators in 2019.
1. Mark Warner - Estimated Net Worth of $90.2 Million
Mark Warner has been the Senator from Virginia since 2004. Prior to that, he was the governor. He is a graduate of Harvard Law School and has used his private practice to assemble a wealth in excess of $90 million. This easily puts him on the list of the 10 richest Senators in 2019.
So, there is all you need to know about who the ten wealthiest of the 100 Senators serving in America are today. It is quite interesting to consider how they gained their wealth. For some, it is family money, while others just recently left a lucrative private sector job to enter a career in public service. It will be interesting to see who stays on the list for next year.
Written by Allen Lee
Read more posts by Allen Lee