The Senate's ultrawealthy club: Meet the 8 senators worth $50 million or more
NEWS | 04 December 2025
Sens. Jim Justice and Rick Scott, two of the richest members of the Senate, high-fiving at the Capitol in April. Sens. Jim Justice and Rick Scott, two of the richest members of the Senate, high-fiving at the Capitol in April. Bill Clark/CQ-Roll Call via Getty Images Sens. Jim Justice and Rick Scott, two of the richest members of the Senate, high-fiving at the Capitol in April. Bill Clark/CQ-Roll Call via Getty Images lighning bolt icon An icon in the shape of a lightning bolt. lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Have an account? Log in . This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. You probably already knew that members of Congress tend to be wealthy. What you may not realize is that some of them are ultrawealthy. Eight members of the US Senate are worth about $50 million or more, according to their most recent financial disclosures. One of them may be a billionaire. And there are several others who, though not nearly as wealthy, are still multi-millionaires. Six of the eight wealthiest senators are Republicans. And four of those six were only elected last year. That's no coincidence: Ahead of a 2024 election cycle in which costly Senate races were expected in several states, GOP leaders explicitly sought to recruit wealthy businessmen to run for seats in the upper chamber. That allowed the party to rely on self-funding by those candidates, decreasing the burden shared by the party's donor base. This list is based on an analysis of the assets and liabilities disclosed in each senator's annual financial disclosures covering 2024, which are the most recent available. Assets owned by their spouses are included. Members of Congress are not required to disclose the exact dollar values of their assets and liabilities, but rather a range of values. They are also not required to disclose the value of their personal residences. Senators are listed in descending order based on the sum of the minimum value of their assets.
Author: Never Miss A Story. Bryan Metzger. Enter Your Email. Follow Authors.
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