![]() ![]() ![]() Others in the Senate continued to prosper last year. Menendez has denied any wrongdoing and says the allegations are false. The FBI raided Melgen’s Florida business this year, and the senator has paid Melgen $58,000 to reimburse him for two trips he took on his private plane. Menendez is battling allegations that he helped Salomon Melgen, a campaign donor and longtime friend, secure a government contract. That includes a rental property in Union City, N.J., worth at least $250,000. The Senate Foreign Relations Committee chairman reported a net worth of $316,0. Robert Menendez (D-N.J.), who has been embroiled in controversy, also saw little change in his wealth. Among his assets, Reid included some mining claims in Searchlight as well as some land in Arizona and Utah. ![]() Reid included two liabilities on his 2012 report, both worth $100,000 each - a mortgage on a residence in Searchlight, Nev., as well as a personal credit line with Wells Fargo. Senate Majority Leader Harry Reid (D-Nev.) saw little change in his personal wealth.įor 2012, Reid reported he was worth $2.6 million, the same amount he reported for 2011. He also reported a few liabilities, including a Citibank line of credit valued at $100,000. His wife took a salary from Goldman Sachs valued at more than $1,000.Ĭruz included a loan to his 2012 Senate campaign among his assets, worth at least $500,000. Ted Cruz (R-Texas), another potential presidential candidate in 2016, reported a net worth of $1.5 million for 2012.Ī Tea Party favorite, Cruz disclosed the exact salary he earned last year while working at the Houston office for law giant Morgan, Lewis & Bockius: $1,019,351. While Rubio’s negative net worth puts him nowhere near the list of the 50 wealthiest lawmakers, other members of the Senate have sizable personal fortunes.įreshman Sen. The Hill’s annual list of the 50 wealthiest lawmakers is based on the information that lawmakers provide in the yearly disclosure forms. The Senate Office of Public Records released the financial disclosure forms for Rubio and other senators on Wednesday, providing the first look into the finances of lawmakers since the release of their 2011 forms. While Rubio reported an active student loan from Sallie Mae valued at $100,000 in 2011, that loan is absent from his 2012 form.Īmong his assets on his 2012 form, Rubio listed several joint Citibank accounts held with his wife, college plans as well as a rental property in Tallahassee, Fla., worth at least $100,000. Last year, the senator appears to have boosted his financial fortunes by paying off student loan debt. That’s an improvement from 2011, when he reported a negative net worth of $422,000, party due to home-related mortgages and loans. Rubio, who is seen as a likely contender for the presidency in 2016, reported a negative minimum net worth of about $190,000 on his financial disclosure statement for 2012. Marco Rubio (R-Fla.) saw an increase in his net worth last year, but not enough to get him out of the red, according to a disclosure form released Wednesday. ![]()
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