By Kevin Bogardus and Megan R. Wilson - 08/21/12 09:00 AM EDT
Pingree’s net worth soared in 2011, placing her among the wealthiest members of Congress for the first time.
The congresswoman’s sudden rise in fortune can be attributed to her marriage last year to hedge fund manager Donald Sussman; most of the assets on Pingree’s 2011 report are credited to him. Those holdings include money in solar power and real estate as well as stock and investment funds, many of them worth at least $1 million.
Sussman has been described in media reports as a billionaire, so the true size of the couple’s wealth could be far greater than $31 million. The top category on the disclosure form for assets held independently by a spouse is $1 million or above.
The congresswoman’s husband is credited for all of the lawmaker’s liabilities, which come to more than $2 million. They include at least $15,000 on an American Express credit card, as well as a $1 million line of credit with JPMorgan Chase Bank.
- Kevin Bogardus