How much is a U.S. Senator or Representative worth?

The typical member of the U.S. Congress is worth $1.03 million.

The net worth of a typical member of Congress has grown 20% since 2007. During those same years, the net worth of the typical American household dropped 35%.

In 2007 the typical senator or representative had a net worth of $803,000. By 2010 that number had grown to $1 million. At the same time, the net worth of U.S. families dropped from $126,000 to $77,000.

Do these numbers reflect your circumstances?

Ranking the Net Worth of the 115th Congress

Roll Call has been examining the finances of members of Congress since 1990 by combing through their annual financial disclosure reports. This Wealth of Congress study comes from compiling more than 28,000 rows of data from the most recent filings — snapshots of the assets and liabilities of every House member and senator just as their service in the 115th Congress began. (For almost every lawmaker, that’s New Year’s Eve 2016; the seven winners of special elections in 2017 filed during their campaigns.) [1]

Report: McCaskill’s Wealth Has Increased 38% Since Joining the U.S. Senate

Sen. Claire McCaskill (D-MO) has gone from rich to very rich since she joined the U.S. Senate.
That’s according to the latest net worth numbers released by Roll Call, which put McCaskill in the top 25 richest members of Congress, and the fourth-richest in the 100-member U.S. Senate. [2]

McCaskill is worth $26.9 million, according to Roll Call, which wrote this about her:

The richest senator who’s in a highly competitive re-election race this year, McCaskill owes her elevated financial standing principally to her second husband. Joseph Shepard, a real estate developer specializing in affordable housing who has been married to McCaskill since 2002, owns more than $20 million in his company as well as in investment funds. The senator’s personal assets are investment funds and bank accounts worth at least $230,000, and she also gets some money from her 2015 memoir, “Plenty Ladylike.” McCaskill played host in Cancún to two fellow Democratic senators, Montana’s Jon Tester and Minority Leader Charles E. Schumer, their disclosures reveal. [1]


There are a total of 535 members of both houses of the U.S. Congress. For such a small number of people to own $7 billion dollars is impressive. Dividing $7 billion by 535 gives an average wealth of $13.4 million per person.
That would mean each U.S. Senator and Congressman was worth $13.4 billion – if the money were divided evenly. It’s not. The top five Senators are worth over $200 million each. The poorest five are worth less than negative $800,000.

Looking at the typical Senator or Representative gives a net worth of $1.03 million. As far as reasons why Congress is so wealthy, it’s anybody’s guess. [4]


[1] Roll Call


[3] Wikipedia

[4] Money Nation