The Hill's 2011 50 Wealthiest in Congress: Page 7 of 51
By The Hill Staff - 09/05/11 09:30 AM EDT
Polis’s fortune grew by almost $10 million in 2010.
That rise can be partially explained by the sophomore House Democrat’s effort to reduce his liabilities — a Merrill Lynch margin loan valued at a minimum of $5 million on his 2009 financial disclosure report seems to be have been paid off. That helped bring the lawmaker’s debt down to more than $2 million last year.
Before coming to Congress, Polis was a successful tech entrepreneur. The congressman still has investments in a multitude of tech and Internet start-up companies, especially in his home state of Colorado.
Polis also created a qualified blind trust in 2010. That trust is worth at least $25 million.