Millionaires now comprise more than 50% of the U.S. Senate, up from 44% last year. According to analyses of financial disclosure forms by Roll Call, 54 senators reported a minimum net worth of more than $1 million. The total came close to reaching 58 because four other senators reported a net worth each of more than $900,000. A majority of the Senate also saw their fortunes expand over the past year. Altogether, senators claimed a combined wealth of $680 million, which was about 4% higher than the previous year.

 

These figures, based on the senators’ own disclosures, do not include non-income-producing properties, such as homes, nor do they include artwork, antiques, social security income or retirement accounts.

-Noel Brinkerhoff

 

Senate Procures Influx of Millionaires (by Jennifer Yachnin, Roll Call)

Millionaires in U.S.: 1%; Millionaires in Congress: 44% (by David Wallechinsky and Noel Brinkerhoff, AllGov)