Due to costly election campaigns, elections in the United States have been attracting many wealthy individuals
In the traditional sense, politicians are people who dedicate their life towards public service. However, with multi-million dollar offline and online election campaigns, financial muscle has become crucial in winning elections. This trend has attracted several wealthy individuals to the political scene. To fix your curiosity, here is a look at some of the richest sitting politicians in the United States.
Rick Scott
The Junior Senator from Florida, Rick Scott is the richest sitting politician in the United states. He played a key role in co-founding Columbia Hospital Corporation. The entity later emerged as the largest private for-profit health care company in the country after merging with HCA healthcare. Rick Scott's net worth is estimated to be more than $220 million. With no shortage of money, Rick Scott has been able to fund most of his election campaigns from his own personal fortune.
Mark Warner
The Senior Senator from Virginia, Mark Warner has made money via his successful career in telecommunications and venture capital. He co-founded Columbia Capital that focused on the cell phone industry. As the telecom industry prospered, it created significant financial gains. Mark Warner's net worth is estimated to be more than $214 million. Warner's knowledge helps him in government, especially with tech, finance and cybersecurity issues. He believes innovation is important, but also privacy protection.
Mitt Romney
The Junior Senator from Utah, Senator Mitt Romney is the co-founder of Bain Capital. This hugely successful private equity investment firm has allowed Romney to create a net worth of around $190 million. Being a businessman, Romney has campaigned strongly for economic growth, fiscal responsibility and free market policies. Romney has also sought cooperation from the opposition on issues related to education, healthcare and economic reforms.
Dianne Feinstein
The Senior Senator from California, Dianne Feinstein has a long career in public service. Her net worth is estimated to be around $88 million. A significant percentage comes from her husband's profitable investments in finance and real estate. Dianne Feinstein has made significant contributions in areas such as environmental protection, national security and gun control.
Richard Blumenthal
The Senior Senator from Connecticut, Richard Blumenthal is known for his work in consumer protection and advocacy. While working as a Senator, Blumenthal has focused on issues such as consumer rights, judicial reforms and veterans' affairs. His net worth is estimated to be around $81 million. A significant percentage of his wealth comes from his wife's family that has highly profitable real estate holdings. With his progressive legal expertise and financial resources, Blumenthal has been able to power his legislative priorities.
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