by Jennifer Swift
Sep 16, 2013
07:05 PMConnecticut Politics
Sen. Richard Blumenthal Ranked Fourth Richest Member of Congress
Sen. Richard Blumenthal and his wealth are on an upward trajectory. The senator moved up two spots to fourth on CQ Roll Call's list of the richest members of Congress.
Net worth is calculated by subtracting a member of Congress' total minimum liabilities from total minimum assets reported in financial disclosure statements.
Blumenthal, the richest freshman senator on the list, initially clocked in at No. 8 in 2011. He's moved up two spots in each of the next two years.
Though Blumenthal’s net worth increased to $85.32 million from $79.21 million from last year, CQ Roll Call notes that a majority of his wealth comes from his wife’s family. Cynthia Blumenthal is the daughter of Peter L. Malkin, a real estate mogul in New York who owns and manages the Empire State Building.Sen. Richard Blumenthal Ranked Fourth Richest Member of Congress