Polis leads Colorado delegation in net worth

Oh, it’s good to be in Congress. The annual ranking of the net worth of every member of Congress was released this week and once again Rep. Jared Polis, D-Boulder, is the richest member of the Colorado delegation, with a net worth of approximately $143 million, putting him in 6th place of all members of the House and Senate.

Rep. Jared Polis (Image courtesy of Rep. Jared Polis)

He’s roughly seven times as rich as the other eight members of the delegation put together.

The richest member of Congress is Rep, Darrell Issa, R-CA, with a net worth of about $448 million.

Members of Congress report their material holdings within ranges, and for each item reported, the middle of the range was used. Some members may be considerably richer or poorer than the calculation indicates. Primary residences were not included, neither was personal property.

Sen. Michael Bennet was second on Colorado’s list, 51st overall, with a net worth of $12.2 million.

Rep. Scott Tipton is worth $6.5 million, Sen. Mark Udall comes in at $1.4 million, Rep. Diana DeGette has a net worth of $1.3 million, Rep. Mike Coffman is worth $1.1 million, Rep. Ed Perlmutter is worth $967,000, Rep. Doug Lamborn is worth $129,000 and Rep. Cory Gardner brings up the rear at $105,000.

Rep. Alcee Hastings, D-FL, is the poorest member of Congress, with a net worth of -$4.7 million. Altogether, 23 members has a negative net worth, another four had a net worth of $0, and eight more were worth under $10,000.

Scot Kersgaard has been managing editor of a political newspaper, editor and co-owner of a ski town newspaper, executive editor of eight high-tech magazines (where he worked with current Apple CEO Tim Cook), deputy press secretary to a U.S. Senator, and an outdoors columnist at the Rocky Mountain News. He has an English degree from the University of Washington. He was awarded a fellowship to study internet journalism at the University of Maryland's Knight Center for Specialized Journalism. He was student body president in college. He spends his free time hiking and skiing.

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