The American political system is becoming more and more dominated by financial heavyweights. Not only do the wealthy have more clout and access to politicians than those from the middle and lower classes, but they are more frequently becoming our representatives; meaning that America has some of the richest politicians in the world. For example, during the 113th Congressional session, 268 of the 534 members of Congress were millionaires. The House of Representatives, the U.S. Senate, and Cabinet are increasingly composed of many of the nation’s wealthiest citizens.
Throughout history, people who have commanded incredible amounts of wealth have held office within the federal government, as well as in the numerous state and local bodies across the country. George Washington was notoriously rich, and men like Michael Bloomberg — a businessman worth billions — have also served. Others have come close: Think Ross Perot and, more recently, Mitt Romney.
America’s richest politicians
By scouring financial records filed after the 2012 election, the Center for Responsive Politics has put together a long list of the richest politicians currently in office. Though the current information is from the 113th Congress, we’ve used that as a starting point for our research, and by scouring the country for outliers, we’ve been able to develop a list of America’s current richest politicians.
Read on to find out who makes up the list of the richest politicians in America.
*Note: Businessman Donald Trump is not included on this list, since he was not a politican at the time of the rankings. However, President Trump is the wealthiest politician in America, with a net worth around $4 to $10 billion, depending on who you ask.