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Texan Republican McCaul leads '50 Richest Members of Congress' list

August 20, 2011 - Washington

A new list of the 50 richest members of Congress has shown Texas Republican Representative Michael McCaul leading with a wealth of at least 294 million dollars.

The list also revealed that the top three wealthy people have wealth over 700 million dollars, Fox News reports.

McCaul, whose worth was pegged at about 74 million dollars last year, has climbed up from fifth position to the top of the list this year.

Though Massachusetts Senator John Kerry's income increased slightly this year, his ranking dropped from the top of the list to third, with a net worth 193 million dollars. His assets can be mostly attributed to his wife, Teresa Heinz Kerry.

The list comprises American rank-and-file members and prominent Congressional leaders.


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