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November 24, 2006

Meet Senator Millionaire

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Rep. Sherrod Brown, not one of the millionairesby Jessica Holzer, Forbes

Despite having a hardscrabble farmer and an avowed socialist in their ranks, the incoming class of senators does little to shake the Senate’s image as a millionaires’ club.

Bob Corker, senator-elect from Tennessee, boasts an estimated $64 million to $236 million fortune, according to the financial disclosure he filed to the Senate. Claire McCaskill, the senator-to-be from Missouri, has a portfolio worth roughly $13 million to $29 million.

And Sheldon Whitehouse, who ousted the fifth-richest member of the Senate, Lincoln Chaffee of Rhode Island, is hardly hurting for cash himself: He has $4 million to $14 million parked in various trusts and funds.

All told, at least half of the ten men and women joining the Senate next year are millionaires, with Corker and McCaskill shoo-ins to number among the ten richest senators. That rarefied club includes Sen. John Kerry, (more…)

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