Richest, poorest congressmen both Californians
LOS ANGELES – California boasts both the richest man and the poorest man in Congress and sends 20 millionaires to Washington, along with a vineyard estate owner and a doctor with a student loan balance of at least $100,000.
Rep. Darrell Issa has the honor of being the richest, according to annual financial disclosure records compiled by Roll Call, a Washington news outlet. The Vista Republican who amassed his fortune as founder of a car alarm giant has a minimum net worth of $254.7 million. He is the voice of the Viper anti-theft car alarm system, which warns: “Please step away from the car.”
At the other end of the list, underneath every other member of Congress, is Rep. David Valadao. The Hanford Republican, a dairy farmer (Valadao and Triple V Dairies), is deep in the red. He listed at least $1.3 million in assets on his disclosure forms for 2014, but is considered the “poorest” in Congress, thanks to $10 million in credit lines for farmland and farming equipment.