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The Hill’s 50 Wealthiest lawmakers

By Kevin Bogardus and Megan R. Wilson - 08/21/12 05:00 AM ET

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Frelinghuysen’s net worth increased by more than $1.3 million last year despite some declines in his stock portfolio.

Scattered throughout family trusts, some of the lawmaker’s holdings made significant gains. Frelinghuysen’s holding in IBM went from being valued at at least $500,000 in 2010 to a floor of $1 million last year. His investment in Pfizer went from at least $15,000 in value to at least $50,000.

The New Jersey Republican’s form lists several seven-figure investments, including one $5 million Proctor & Gamble asset. Other large assets include stock in Lowes Corp., a piece of undeveloped land, a life insurance policy and a stake in a rental home, accounting for at least $250,000 apiece.

A Treasury Bond that matured in 2011 worth a minimum of $250,000 has been replaced by three Treasury Bonds valued at a minimum of $100,000 that are set to mature in 2012 and 2013.

Frelinghuysen listed no liabilities.

- Megan R. Wilson




Source:
http://thehill.com/business-a-lobbying/243625-the-hills-2012-50-wealthiest-in-congress

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