Posted by ESPN Crikey on March 29, 2018 12:19:25In the first quarter of 2018, lawmakers had an estimated wealth of $1.8 billion, according to an analysis by Forbes published on Tuesday.
In comparison, the average American household had an adjusted net worth of $22,847.
According to Forbes, Congressmen Robert Brady, R-Pennsylvania, and Robert Brady Jr., D-Pa., have more than $300 million in private equity funds, including $60 million in a private equity fund run by a family trust.
House Speaker Nancy Pelosi, D-California, has more than a billion dollars in private funds, according an analysis of the US House Financial Services Committee report.
Former Florida Representative and House Minority Leader Nancy Pelosi has a net worth in excess of $4.5 billion, Forbes said.
Congressional offices have more wealth than their counterparts in the private sector.
For example, the top two members of the House Budget Committee have more assets than their staff, according a Congressional Budget Office analysis.
The Senate, meanwhile, has about $2.2 trillion in assets, according the CBO.
House Democrats have an estimated $2 billion in assets and the House Majority Leader has an estimated worth of over $1 billion.