THE HILL
 
comment
Print

The Hill’s 50 Wealthiest lawmakers

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

alt

Rockefeller’s wealth rose $1.5 million in 2011 thanks to investments and asset acquisitions that helped balance out declines in his portfolio.

The senator’s trusts — valued at a minimum of $80 million — account for a majority of his wealth. Rockefeller and his spouse also hold a joint PNC Bank account in Washington worth at least $100,000.

The West Virginia senator’s wife took out a mortgage on a condo in New York City last year, adding a liability worth at least $1 million. She is also a board director for PepsiCo and holds more than $1 million in stock in the company. Rockefeller also holds home and land in West Virginia, located about 140 miles away from each other, worth a total of at least $1.5 million.

Much of Rockefeller’s fortune comes from his great-grandfather, John D. Rockefeller, who became one of the richest men in history with the earnings from Standard Oil.

- Megan R. Wilson




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

More Videos »

More From The Web
bloglogo

More Briefing Room »

More Congress Blog »

More Pundits Blog »

More Twitter Room »

More Hillicon Valley »

More E2-Wire (Energy) »

More Ballot Box »

More On The Money »

More Healthwatch »

More Floor Action »

More Transportation »

More DEFCON Hill »

More Global Affairs »

More In The Know »

More RegWatch »

Get latest news from The Hill direct to your inbox, RSS reader and mobile devices.