Estimated net worth: $27.7 million. 10. Never miss an opportunity thats right for you. ALWAYS Ad Free & UNCENSORED Threads post daily M-F @ 02:00, 06:30, 14:00 & 19:00 PST Sat & Sun @ 06:00 PST, Forbes Magazine released its annual list of the 400 wealthiest people in the world this week, and nine of thetop ten wealthiest Americansfeatured on the list appear to be staunch Democrats and liberal donors. In fact, polls have shown about 60 percent of the American people believe Republicans favor the rich. , Nine of the 2020 Forbes Ten Wealthiest Americans Are Democrat-Affiliated Liberal Megadonors. Then the minimum debt figure was subtracted from the maximum asset figure. His father William Ziff, Jr., who built a publishing empire before selling it off, donated to Democratic candidates before he died in 2006. Still, the apple didnt fall too far from the tree: Ziff gave to Republican legislators who backed gay marriage and has made a handful of donations to Democrats, including U.S. Aside from his software companies, Gianforte also worked helping the community. Amazing, right? Vladimir Putin is the President of Russia and he also holds the distinguished position of being the number one richest politician in the world. Much of it comes from registered voters who make $100K+ annually. The amounts listed here do not necessarily pertain to the politicians' time in office (i.e. This advantage carries forward for individuals earning up to $50,000 per year, and then turns in the Republicans' favor with just 36 percent of individuals earning more than $200,000 per year supporting Democrats. Washingtons unemployment rate and poverty rate are below the national average, while on the other end of the income spectrum, the third richest state is home to billionaires, including Bill Gates and Jeff Bezos. She studied at St. Joseph's Convent School Bhopal. 2. The party leader Uhuru Kenyatta was re-elected president in the 2017 General Election, and his running mate, William Ruto, deputy president. The U.S. is currently home to an estimated 735 billionaires.A ProPublica report from last year showed that billionaires like Jeff Bezos, Elon Musk, Michael Bloomberg and Carl Icahn have managed to pay no income tax during certain years, although they do pay other state and local taxes. Major corporations, such as DuPont, Bank of America, JPMorgan Chase, and AstraZeneca all have manufacturing bases in Delaware, with its location on the Eastern Seaboard allowing for easy access to a number of major metropolitan areas, including Washington D.C. and Philadelphia. As an Amazon Associate we earn from qualifying purchases. Bill Gates $111 billion.DEMOCRAT Jenny Smedra is an avid world traveler, ESL teacher, former archaeologist, and freelance writer. I would think that the wealthy Hollywood elite would be included. But just because a congressional district is the richest in a state, it doesn't mean that its constituents are rolling in dough: In 12 states, the median household income in the wealthiest congressional district is below the national median income of . Rep. Suzan DelBene of Washington. Not all families stay on the same side of the political spectrum 15 support candidates from both parties. As early as college, the senator already had political aspirations. First, both parties receive substantial support. As of Find out how former professional tennis player and media analyst Jim Courier established new records and earned his net worth. $76.8 billion. His father George, also served as Governor of Michigan. That changed dramatically with the U.S. Supreme Courts Citizens United decision in January 2010, which enabled corporations and other outside groups to spend unlimited funds on elections. The history and economics of the richest states in America demonstrate the ever-changing dynamics of the industries and services which shape a nations fortune. Jared is one of the richest politicians in America. Mitt Romney is our richest politician in the senate! Because of this huge decline in Justices wealth, Pritzker is now the only billionaire governor in the US. He was also elected Attorney General of Connecticut in 1990 and served for 20 years. 11. This perception also drives the belief that many Republicans have, that the Democrati. Are there more Democrats or Republicans who top that list? Target 2 Rupert Murdoch - $13.4 billion As founder, chairman, and CEO of the world's second-largest media conglomerate, News Corporation, Rupert Murdoch is easily one of America's most politically influential billionaires. Its also one of the top producers of nonelectrical machinery, with these products accounting for its largest share of foreign exports, manufactured at industrial parks which are located throughout the state. When your allies are Big Tech, Wall Street, Big Retail, professional sports leagues, Hollywood, and other global fat-cat industries, you dont represent average Americans. Which of the two political parties has more money, Democrats or Republicans? There is also a margin of error with every type of data collection like this. Based on the claimed number of members and the population statistics of the country during the given year. Donald Trump is the richest politician in the U.S. with a net worth of $1.34 billion, The average politicians net worth was $9.79 million in 2015, Collectively, politicians in the Senate, House, Executive, and Judicial branches had a net worth of $5.72 billion, Only eight women appeared on the list of 50 richest politicians, More shockingly there are no people of color on the top 50 list, Mark Warner is by far the richest senator with a net worth of nearly $240 million, Seven states had both senators appear on the top 30 list, Debbie Stabenow (D-Mich) ranked last in net worth for senators with $32,500, The top 30 house representatives have a combined net worth of $2.2 billion, The top six alone have a combined net worth of $1.27 billion, Only five women appeared on the top 30 list, David Valadao (R-Calif) actually had a negative net worth to rank last for representatives at -$24.4 million, In all, 34 representatives were found to have negative net worths in the study. Their household actually made the top 10 list of water usages several times. The U.S. Census Bureau data reveals the low population of Delaware, with employment split between public sector work in government institutions, banking, farming, and education and health services. It is the equity firm founded by her husband, Richard Blum. The politics of other billion-dollar families arent as well known. The gap in net worth between the #25 and the #1 richest family is surprisingly wide, with the wealthiest family in America now worth more than $234 billion. That belief is debatable at best, but if Democrats ever were the party of the working man, they definitely arent now. Democrats have a huge advantage (63 percent) with voters earning less than $15,000 per year. But are most of their bank accounts pretty fat? You may opt-out by, I write about billionaires and entrepreneurs around the world, Brazil Bounces Back With A Slew Of New Billionaires, Fortune Magazine's New Owner Is Member Of Thailand's Richest Family, Southeast Asia's Richest Woman Signs $6.5 Billion Deal For 50 Airbus Jets, The Indonesian Tycoons Behind Lion Air, Whose Plane Crashed Off Jakarta on Monday, How This Video Gaming Billionaire Invests His More Than $2 Billion, LinkedIn Cofounder Reid Hoffman On His Billion-Dollar Impact Investing Bet, Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion, The $4 Billion Crypto Billionaire Who No One Has Heard Of, Americas Richest Families: An eBook From Forbes. Most would rush to say Republicans due to the partys ideas towards tax and money. As a longtime rival of Andre Agassi, Pete Sampras has earned a substantial net worth as one of the world's best former tennis players. Jim Justice II went to Marshall University. They are Sheldon and Miriam Adelson ($308.4 million, or 14.4%), Tom Steyer and Kathryn Taylor ($274.6 million, or 12.8%), and Michael Bloomberg ($180.7 million, or 8.4%). The richest people play both sides depending on whats in their best interest in that particular time youre welcome, LOL first off two of the waltons are huge liberals and each kid got the same % of the fortune so your #1 is wrong. Seems like interest in politics runs in the family, right? He is also the only politician who surpassed the net worth of former president Donald Trump. Top 15 Richest Americans in 2020, according to Forbes (As of 7/24/2020) Big Tech and Money Manipulations are where individual massive fortunes are made. Jeff Bezos $179 billion.DEMOCRAT Musk has vaguely affiliated himself with some conservatives, and opposed some of Californias coronavirus lockdown policies. Through the end of 2019, based on Federal Election Commission data, Ellison has never given a cent to Trump. D- Mark Zuckerberg $13.5 billion D- Dustin Moskovitz $2.7 billion D- Sean Parker $1.6 billion D- Peter Thiel $1.6 billion D- Yuri Milner $1 billion D- Eduardo Saverin $1.6 billion REPUBLICAN R- Michael Dell 14 billion R- Charles Koch 21.5 billion R- David Koch 21.5 bllion A PROJECT OF AMERICANS FOR TAX FAIRNESS & THE INSTITUTE FOR POLICY STUDIES - INEQUALITY PROGRAM. doesnt matter the truth will always be kept hidden anyhow. She isnt the only person from a wealthy family to change tradition where politics are concerned either. From the 1990 election cycle through 2020, just three billionaires have contributed $100 million or more; 199 have contributed $1 million or more; 440 have contributed $100,000 or more; and 506 have contributed $50,000 or more. Many in the South both white and blackdeveloped a dedication to Roosevelt and the Democratic Party because of New Deal policies. He finished his MBA from Harvard Business School in 1975, and his J.D from Harvard Law School in 1975. There are parties going on all the time all over America, the question is which states turn it up the harde By Katina Goulakos Published Nov 27, 2014 Same goes for retirement accounts from employment with the federal government (those can be quite large). While service industries employ the highest number of citizens, Maryland also boasts major manufacturing, with metals, electronic equipment, chemicals, and food products all made within its boundaries. A glimpse into the lives of the richest, most prolific families in America, and how they builtand sustainedtheir empires. Jim Justice had a net worth of around $1.7 billion in 2018. Due to its uniquely liberal incorporation laws, Delaware is home to thousands of U.S. and foreign corporations, with more than three-fifths of companies that are listed on the New York Stock Exchange incorporated in the state. But with their net worth, this probably isnt worth paying their minds over. As already hinted at, political parties often change over time. These amounts do not include the huge sums Steyer and Bloomberg spent on their presidential campaigns. Now thats rather interesting probably because he found people on both sides to push his corporate agenda! Senators Harry Reid and Claire McCaskill. Another seven donate to Democrats. The study also identified the political party representing each of the wealthy districts. Some of these Democrats have threatened not to support Bidens infrastructure plan unless the cap is removed. Instead, we should take a look at the endless possibilities around us. 10. As of February 2023, Vladimir Putin's net worth is roughly $70 Billion dollars, making him the richest politician in the world. Some of Americas wealthiest families wear their politics on their sleeves. While finance, insurance, and real estate bring in the majority of Connecticuts income (generating $75.7 billion in GDP in 2018), the state has close ties to various weapons manufacturers, with Raytheon Technologies, Lockheed Martin, and General Dynamics among the companies making military hardware. In 2017, he made it in the news for a very peculiar reason. Premium Statistic. Afterwards, he was re-elected to four subsequent terms. Stryker Democrats or Republicans? Elon Found His Next Shiny Object.Elon Musk Regains His Spot as the World's Richest PersonLightfoot Is First Chicago Mayor to Lose Reelection in 40 YearsWorld's Rich Take Advantage as $1 Trillion Property Market CratersThe first Black woman to lead America's third-largest city wa . The 10 Poorest States In The United States For 2023 Mississippi Louisiana West Virginia New Mexico Alabama Arkansas Kentucky South Carolina Nevada Michigan What's the poorest state in America for 2023? The states unemployment rate is among the lowest in America, and residents enjoy high levels of health care alongside low levels of crime. HERE ARE SOME SIMPLE GUIDELINES THAT WILL HELP YOU BUILD WEALTH: This blog is for entertainment purposes only and should not be taken as professional advice. Answer (1 of 20): It is perceived that the wealthiest states are the "blue" states on the two coasts, such as NY, NJ, CT, MA, CA, WA. He defeated the Harvard University alumni and private equity investor, Bruce Rauner. Walton - Republican 2. The Forbes wealth reporter, Hank Tucker also reported that the deterioration of Gov. Born in Brooklyn, New York City, the senator graduated from Harvard College, where he was editor-in-chief of The Harvard Crimson. Federal Campaign Contributions from Billionaires, Billionaire Contributions as % of Total Federal Campaign Contributions, Billionaire Campaign Contributors Are Heavily Concentrated, Billionaires Have Become Big Givers to Both Parties, Top 20 Federal Campaign Contributors Among Billionaires, Copyright 2020 Americans For Tax Fairness, THE INSTITUTE FOR POLICY STUDIES - INEQUALITY PROGRAM. America is a country of a distinguished founding, unique historical experience and has a grand path to the future. America's Top 10 Richest Families Walton - Republican The family owns the Walmart corporation. He has had a long and prosperous political career in the country. This whole article is a cherry picking disaster. She served as U.S. Commerce Secretary under President Obama from 2013 to early 2017. We sometimes use affiliate links and may receive a small commission on your purchase. There are a handful of politicians in the mix, and an overwhelming majority that support one political party far more than another. No votes so far! He is socially liberal, and a self-described fiscal conservative (after balancing New York's city budget). He and his son have donated to both parties, but they lean Republican. Also, there is a strong relationship between unions and Democrats. For example, according to a Pew Research Study, in 2015, 41% of Democrats described themselves as liberal. New Jersey is dominated by forests, so it makes sense that the principal natural resources in New Jersey are drawn from here, with pine forestry supplemented with zinc, iron, and manganese mining. Although, this is only a look at the richest families and politicians in America though. Given that Dianne has been very focused on her political career, its no surprise that most of her wealth comes from Blum Capital. As part of the settlement, Scott resigned from the company. With a $64.9 billion net worth, Larry Page is seventh among the richest people in the United States. Numerous digital media companies are based in New York Citys Silicon Alley, including Squarespace, Spotify, and Behance while leading hardware technology firms such as IBM, Huawei, and LG Electronics add to the states diverse workforce. Hes married to Linda Mays McCaul, the daughter of Clear Channel Communications founder and former chairman, Lowry Mays. Here is a list of top 10 richest politicians in India in 2022. 1. Investor Robert Ziff also looks to be the political black sheep of his family. Microsoft and Apple also crack the top ten, but both companies clearly favor Democrats a lot more than Republicans, pumping 80% and 88%, respectively, of their political money into candidates on the . He is a billionaire businessman, politician, philanthropist, and author. Connecticuts manufacturing base has also declined, and where there were once businesses producing pins, clocks, and sewing machines, there are now high technology companies. The answer may surprise you. While many people associate California with American wine, Washington farmers are among the countrys largest wine producers, while also growing pears and cranberries in addition to wine grapes. There is also a margin of error with every type of data collection like this. B. Pritzkers net worth is around $3.6 billion, which makes him the richest politician in the US. Koch - Republican Businessmen, owners of Koch Industries, a manufacturing company. Gov. McCauls massive net worth is largely due to large monetary transfers from his wifes family. Moreover, it is only based on the most recently collected information. $143,715. This in turn helps them grow their wealth even more by pressuring elected officials to adopt tax, spending and regulatory policies that favor the wealthy and corporations. Sierra Club. Furthermore, nearly half the members of Congress are millionaires. In 2011, McCaul was named as one of the wealthiest members of the United States Congress. 6. Maryland median household income data, which sits around $84,000, makes this one of the richest states in America, with the port of Baltimore handling a huge variety of raw materials and other bulk commodities. Bill Gates sits at No. Cargill-MacMillan -. JB is a member of the family that owns the Hyatt hotel chain. We support Tickets For Kids to provide live cultural, sporting and arts events for disadvantaged children in the U.S. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'bouncemojo_com-medrectangle-1','ezslot_15',106,'0','0'])};__ez_fad_position('div-gpt-ad-bouncemojo_com-medrectangle-1-0');report this adMaterial on BounceMojo is copyrighted. From the days of President Franklin D. Roosevelt, Democrats have claimed the title, often erroneously, of being the party of the working man. 2 /10 The Bharatiya Janata Party (BJP) has emerged as the richest political party in India with highest assets worth Rs 4,847.78 crores in the financial year 2019-20. Credit: Reuters Photo. Very rich. 5. Many of the younger individuals in Americas richest families have begun to sway from their familys political associations as well. Moreover, a new study from the left-leaning Institute on Taxation and Economic Policy (ITEP) states that eliminating the SALT cap would exacerbate racial income and wealth disparities, effectively delivering a $67 billion windfall for upper-income white families.. Pritzker received a bachelors degree from Duke University. Youve probably heard of Sen. Romney before. Jim has a strong interest in nature and the outdoors. Many in the South both white and blackdeveloped a dedication to Roosevelt and the Democratic Party because of New Deal policies. Let's explore the list of 10 richest politicians in the world in 2023- I have also shared their net worth in 2023 and nationality. Despite the devastating fire of 1871, Chicago, and the state of Illinois, have continued to boom over the years, and are perhaps most famous (or infamous) historically for giving rise to Prohibition-era bootleggers and gangsters, including Al Capone. After selling their company for that amount, its not surprising that Gianfortes current net worth is around $315 million. We can only imagine how much their water bill costs. Libertarians Charles and David Koch run one of the world's largest trading, energy and chemical firms, Koch Industries, and are estimated to be worth more than $100 billion. Penny Pritkzer, part of the family that owns the Hyatt hotel chain, became President Obamas Commerce Secretary in June 2013. Putin was elected to office in 2012 and is the current leader of the country. Tesla CEO Elon Musk is the only exception, being a figure who appears unaffiliated with the political left, having donated considerably more money to Republicans than Democrats in the 2018 election cycle, although he donated to Hillary Clinton in 2016. Melody Thornton is Winona Ryder's net worth? Czech professional tennis player Petra Kvitova has earned a substantial net worth as one of the world's greatest players to ever compete on the court. second you left off the gates family since there are two of them and a kid and that is only one example of leaving off families in your very tilted article. As one of the country's top political consulting firms, Global Strategy Group has worked with many diverse and high-profile clients to serve a range of unique needs. The history of Massachusetts and its economy is deeply connected to the sea, with its maritime industry once second to none, a key player in the whaling boom of the nineteenth century. IRSdata shows that Democrats represent 65 percent of taxpayers with a household income of $500,000 or more while 74 percent of taxpayers in Republican districts have household incomes of less than $100,000. The Center for Responsive Politics captured the data by accessing personal financial disclosure forms covering 2004 to 2016. The backgrounds of these politicians are not one and the same, which just proves that there isnt only one formula to be where you want to be in life. Below youll find the affiliation and overall net worth of the top 10 richest families in America. Heres a quick recap of the 10 richest states in the USA: Save my name, email, and website in this browser for the next time I comment. Connecticut Sen. Richard Blumenthal net worth is approximately $82 million. Our new, systematic study of the 100 wealthiest Americans indicates that Buffett, Gates, Bloomberg et al are not at all typical. The 43rd Governor of Colorado is one of the career politicians in this list. These amounts do not include the huge sums Steyer and Bloomberg spent on their presidential campaigns. BounceMojo.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Looking to the future, the richest states in America will continue to evolve, as new technologies, such as artificial intelligence, continue to drive progress and innovation. Introduction Development by >Moonsteam Design. Additionally, 15 of the richest families in the U.S. donate to both parties. Citi. It appears the Citizens United decision in 2010 opened these floodgates. The list is about politicians. Assignment helpcan help you write about the issue but read our post first. It is more accurately understood as a repudiation of the American power structure. He pointed out that the Democratic Party has cozied up to Wall Street and the political class, rather than supporting the middle class. Chicago mayoral candidate Paul Vallas, center, celebrates with supporters as his wife, Sharon Vallas, left . 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