Tuesday, January 14, 2014

NOTES: How Arizona's Congressional Delegation's Personal Net Worth Compares To Colleagues

Yesterday, Arizona's Politics published info on the personal financial disclosure statements for Arizona's Congressional delegation.  A couple of quick follow-up notes (we are working on a couple of others):

1)    Only 3 Senators have a lower "average net worth" than our Arizona Senator Jeff Flake (R-AZ);  and, only 15 Representatives have a lower ANW than Rep. Kyrsten Sinema (D-CD9).  Both have been in public service for most of their adult lives (although Sinema is quite a few years younger than Flake).

2)  Arizona Rep. Trent Franks' (R-CD8) ANW of more than $33Million Ranks 21st In House - the top 5%;  Sen. John McCain's  $7.4M ranks only 19th in what used to be known as the Millionaires' Club - top 20%.  While both have been in public service for a long time, Franks' wealth comes from his oil and gas exploration company, and McCain's is largely based on Cindy McCain's family's beer distributorship.

We welcome your comments about this post. Or, if you have something unrelated on your mind, please e-mail to info-at-arizonaspolitics-dot-com or call 602-799-7025. Thanks.

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