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Texans on List of Richest, Poorest in Congress

U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015, according to a new list released by Roll Call. Three other Texans made the top-50 list, while one Texan was on the list of poorest members.

Congressman Michael McCaul visits the Texas Capitol for meetings with Gov. Greg Abbott and Lt. Gov. Dan Patrick on border security on Feb. 18, 2015.

WASHINGTON — U.S. Rep. Michael McCaul, R-Austin, is the second-richest member of Congress in 2015, according to a new list released by Roll Call. 

McCaul, whose wife's father was the founder of Clear Channel Communications, has been a regular at the top of the yearly list. He is joined in the top 50 by fellow Texas Congressmen Roger Williams, R-Austin, Kenny Marchant, R-Coppell, and Lloyd Doggett, D-Austin.

On the other side, U.S. Rep. Rubén Hinojosa, D-Edinburg, was named one of Congress' poorest members.

Each year, Roll Call's reporters scour each member's financial disclosure forms to determine the "Wealth of Congress." 

Here's a look at what it found for the Texans on the richest and poorest lists. For more on Roll Call's Wealth of Congress list, read the paper's full article

The Richest 

#2 U.S. Rep. Michael McCaul, R-Austin 

Net Worth: $108 million 

How he got there: All of McCaul's assets are listed in the name of his wife Linda McCaul, the daughter of Clear Channel CEO founder Lowry Mays, or in the names of his children.  

#16 U.S. Rep. Roger Williams, R-Austin 

Net Worth: $27 million

How he got there: Williams inherited and expanded the Fort Worth-area car dealership business of his father, Jack Williams.

#31 U.S. Rep. Kenny Marchant, R-Coppell 

Net Worth: $14 million 

How he got there: Marchant was originally a real estate developer; most of his assets are tied up in investments. 

#33 U.S. Rep. Lloyd Doggett, D-Austin 

Net Worth: $13 million 

How he got there: Doggett's wealth is tied up in Travis County rental properties, retirement income from his Texas Legislature tenure and assets wrapped up in stocks and mutual funds.  

The Poorest 

#536 U.S. Rep. Ruben Hinojosa, D-Edinburg

Net Worth: -$900,000

How he got there: Roll Call writes that "a massive arbitration award exceeding $1 million against Hinojosa from a failed food business — along with tens of thousands of dollars of unpaid tax bills for that business" put Hinojosa as the sixth-poorest member. 

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