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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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The Tennessee senator saw a drop of about $1.5 million in his net worth after a downward shift in the value of his assets.

One trust that was recorded as being worth at least $5 million in 2010 went down to zero in 2011. Further, several stocks and bank accounts attributed to a dependent child on Corker’s 2010 financial disclosure report were not included on last year’s form.

The bulk of Corker’s wealth is in real estate. The former Chattanooga mayor has investments in an office building and a shopping center in his home state, each worth $5 million. Assets attributed to his spouse include real estate, such as land worth at least $15,000 in Sevierville, Tenn. In addition, Corker has a UBS bank account worth at least $5 million.

The senator listed two liabilities — two mortgages valued at at least $1 million each.

- Kevin Bogardus




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

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