The Hill's 2011 50 Wealthiest in Congress: Page 9 of 51

The Hill's 2011 50 Wealthiest in Congress


Blumenthal’s minimum net worth is $54.9 million, making him the wealthiest new member of Congress this year.

Much of Blumenthal’s wealth can be attributed to his wife, Cynthia, who is the daughter of New York real estate magnate Peter Malkin. The senator reported many real estate investments linked to Malkin Holdings, including property worth more than $1 million in San Paulo, Brazil, and several New York office buildings.

Blumenthal also reported holding assets in the Empire State Building Co. and in Empire State Building Associates, which holds a 114-year lease on the 102-story landmark. Malkin founded Empire State Building Associates in 1961.

The rest of Blumenthal’s assets are tied up in a variety of investment funds and trusts, including several bank accounts valued at above $1 million.

The former Connecticut state attorney general reported no liabilities for 2010.

—Margaret Rawson