By Kevin Bogardus and Megan R. Wilson - 08/21/12 09:00 AM EDT
Yarmuth almost doubled his net worth in 2011 thanks to a sizable increase in the worth of his holdings in the restaurant business.
The Kentucky Democrat and founder of Louisville-based LEO Newsweekly is a silent partner of Sonny's Barbecue, a restaurant founded in 1968 in Gainesville, Fla., with more than 120 locations in nine Southern states. Yarmuth earns royalties and other income from the restaurant chain. The restaurant asset went from an estimated value of at least $1 million in 2010 to at least $5 million last year.
The congressman claimed four liabilities in 2011 totaling approximately $1.1 million, including a mortgage on a rental property located in Doonberg, Ireland, valued at a minimum of $500,000.
- Lydia Nuzum