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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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Neugebauer's wealth rebounded in 2011, increasing almost $1 million from 2010 after he ceased listing a $500,000 mortgage incurred in 2007 for a Washington property.

A large portion of the Republican lawmaker's assets are tied up in bonds and savings accounts in Texas, as well as several property holdings in Lubbock, Texas, his hometown. Neugebauer operated a real estate development and residential construction business in Lubbock before coming to Capitol Hill.

The congressman’s largest single asset remains his property in Washington, which is worth at least $1 million. Neugebauer also holds municipal bonds from cities across the country and has invested in a company that rents out watercraft. 

Neugebauer claimed three liabilities in 2011, including two revolving charge accounts.

- Lydia Nuzum




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

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