Here are the 15 richest members currently serving in the House and Senate and where the wealth comes from, according to a 2018 analysis by Roll Call. There are many elected officials with large fortunes independent of the salaries they earn while serving in Congress. Kirsten Gillibrand (D-N.Y.) and Richard Blumenthal (D-Conn.) passed an amendment to delay the test's implementation. February 10, 2022. [174] That same year, he stated his support for efforts to require toy or fake firearms to have orange parts so they could more easily be distinguished from real guns. He was elected to the Connecticut House of Representatives and later won a special election to fill a vacancy in the Connecticut Senate. [28] Blumenthal resided in Stamford, Connecticut. With an estimated fortune of $1bn (760m), according to Forbes magazine, the make-up mogul is by . Most of Richard Blumenthals staggering wealth is thanks to his wife, Cynthia Malkin, the heiress of a real estate empire. The family trusts are valued at $3.1 million while he has around $6.8 million parked in bank accounts. He called for Vice President Mike Pence to invoke the Twenty-fifth Amendment to the United States Constitution. [191], In July 2019, Blumenthal and 15 other Senate Democrats introduced the Protecting Sensitive Locations Act, which mandated that ICE agents get approval from a supervisor before engaging in enforcement actions at sensitive locations except in special circumstances and that agents receive annual training in addition to being required to annually report enforcement actions in those locations. Richard Blumenthal Senator (D - CT) Armed Services Commerce, Science and Transportation Judiciary Veterans' Affairs First Election 2010 Next Election 2022 TOP INDUSTRY 2017 - 2022 Lawyers/Law Firms $1,271,463 TOP CONTRIBUTOR 2017 - 2022 American Israel Public Affairs Cmte $148,013 Campaign Committee Fundraising, 2017 - 2022 His holdings in Empire State Realty is around $5.0 million, and his account at State Street Bank has over $3.1 million. A key player in the national fight against Big Tobacco, he helped end deceptive marketing aimed at childrena victory significantly lowering youth smoking rates, and compelling a multi-billion dollar settlement for Connecticut taxpayers. In 1984, when he was 38, Blumenthal was elected to the Connecticut House of Representatives, representing the 145th district. His current term ends on January 3, 2029. The Blumenthals have four children: daughter Claire, and sons . He is married to Cynthia Malkin, daughter of Manhattan real estate mogul Peter Malkin, and has an estimated net. Access your favorite topics in a personalized feed while you're on the go. [115] The Cook Political Report changed its assessment of the race to Leans Democratic, making Blumenthal the favored candidate over McMahon.[116]. Cynthia is 15 years younger than her husband. In an opinion piece, he and Ro Khanna proposed to promptly pause the massive transfer of American warfare technology to Saudi Arabia and take a tougher stance against the kingdom. Malkin is the daughter of real estate mogul. [80], In March 2006, Blumenthal noted that more than seven incidents of sexual assault in Connecticut had been linked directly to MySpace contacts. Richard Blumenthal's long record in government is one of the most frequent topics of debate in Connecticut's U.S. Senate race. He studied for a year at Trinity College, Cambridge, in England before attending Yale Law School, where he was editor-in-chief of the Yale Law Journal. However, some analysts believe Richard Blumenthals wealth could be around $85.0 million or more. New York Times: "Miss Malkin Plans Bridal", "Murder Trial Puts Death Penalty in Spotlight in Connecticut Campaigns", "Blumenthal Argues State's Challenge of Federal Approval of Mashantucket Pequots' Annexation Bid", "Pequot Tribe Withdraws Annexation Plan Opposed by Neighboring Towns", "Connecticut Municipalities Join Blumenthal, Eight Other States In Lawsuit Against Bush Administration For Gutting Clean Air Act", "AGS to sue Bush administration for gutting Clean Air Act", "Blumenthal: The 'A' in AG is for Activist", "Attorney General, Seven Other States, Sue Tobacco Maker For Illegal Cartoon Camel Ad In Rolling Stone", "Blumenthal Files Anti-Trust Lawsuit Against Microsoft", "Connecticut Attorney General Open to Settlement, Wants Tough Remedy", "Blumenthal, Six Other Attorneys General, Say Microsoft Maintains Monopolistic Power In Software Market", "Blumenthal, Eight Other States File Proposed Remedies In Microsoft Case". May 18, 2010 / 11:30 AM / CBS News. Hollingsworth Capital Partners, which renovates factories. [110], The New York Times reported that Blumenthal misspoke on at least one occasion by saying he'd served with the military "in Vietnam". Baldino further called Blumenthal "good-natured" and "one of the best Marines with whom I ever worked". At age 17, Martin Blumenthal immigrated to the United States from Frankfurt, Germany; Jane was raised in Omaha, Nebraska, graduated from Radcliffe College, and became a social worker. His family's net worth is derived largely from his wife; the Malkins are influential real estate developers and property managers with holdings including an ownership stake in the Empire State Building. [33] The Pequot were attempting to have the land placed in a federal trust, a legal designation to provide them with land for their sovereign control, as long years of colonization had left them landless. "[165], In October 2022, Saudi Arabia, with Russia, announced a cut of 2 million barrels a day of oil production at the OPEC+ meeting. They met at a party she attended with her parents when Blumenthal was 31. He graduated from Harvard College, where he was editor-in-chief of The Harvard Crimson. "Tomasso, Blumenthal at odds over subpoenas in probe", "$400,000 contract pulled Tomasso subsidiary won't detail gifts given to state officials", "Officer Of Village Academy Charter School Sued By State (Press Release)", "Case comment: Blumenthal v. Barnes: civil common law powers of the state attorney general in the charitable sector", "$18 million verdict: black eye for Connecticut's Blumenthal", "Conferences schedule games as part of settlement". Sen. John Cornyn of Texas, chairman of the National Republican Senatorial Committee, said Sunday on NBC's "Meet the Press" that "Mr. Blumenthal has damaged his reputation as somebody you could. Exceptions to the bill's background check requirement included transfers between members of law enforcement, loaning firearms for either hunting or sporting events on a temporary basis, providing firearms as gifts to members of one's immediate family, firearms being transferred as part of an inheritance, or giving a firearm to another person temporarily for immediate self-defense. Most of her assets listed under Peter L. Malkin Family 9 LLC are worth over $1.0 million. Blumenthal was elected to the U.S. Senate in 2010 and again in 2016. In 1998, the tobacco companies reached a $246 billion national settlement, giving the 46 states involved 25 years of reimbursement payments. Kylie Jenner - who when the series started was just nine-years-old - is now 21 and a billionaire. [96][97] The suit alleged that Countrywide pushed consumers into "deceptive, unaffordable loans and workouts, and charged homeowners in default unjustified and excessive legal fees." From 1977 to 1981, Senator Blumenthal served as a U.S. Attorney forConnecticut, prosecuting drug trafficking, organized and white-collar crime, civil rights violations, consumer fraud, and environmental pollution. In 1973, Blumenthal received his J.D. [71] He launched an antitrust investigation into the Infectious Diseases Society of America's (IDSA's) 2006 guidelines regarding the treatment of Lyme disease. He earned additional incomes of $18,388 in ordinary dividends and $55,761 from pensions and annuities from the time he was Attorney General, according to the documents. In October 2008, Bank of America initially agreed to settle the states' suits for $8.4 billion, and in February 2010, Countrywide mailed payments of $3,452.54 to 370 Connecticut residents. Reid Sinnett Net Worth 2021: How Rich Is the Miami Dolphins Third-String QB. Virginia Tech accepted an invitation from the ACC and withdrew from the suit to remove itself from the awkward position of suing its new conference. [16] One of his co-editors of the Yale Law Journal was future United States Secretary of Labor Robert Reich. Elizabeth Warren, Ed Markey urge FEMA and HUD to find long-term housing fix for Hurricane Maria survivors", "A FEMA program has sheltered thousands of Puerto Ricans since Hurricane Maria. Originally sworn in on January 5, 2011, Richard Blumenthal is serving his third term as a United States Senator from the State of Connecticut. The senators requested Juul list each of its advertising buys and detail the steps the company has taken to ensure its advertisements are not seen by people under 21 in addition to asking if Juul had purchased any social media influencers for product promotion. [87] He worked with Craigslist and a group of 40 attorneys general to create new measures on the site designed to thwart ads for prostitution and other illegal sexual activities. After graduating law school in 1973, Senator Blumenthal clerked for then U.S. District Judge Jon Newman, and then for United States Supreme Court JusticeHarry A.Blackmun. as well as other partner offers and accept our. [81] Earlier that year, Blumenthal and attorneys general in at least five other states were involved in discussions with MySpace that resulted in the implementation of technological changes aimed at protecting children from pornography and child predators on the company's website. That year, his accounts at JP Morgan held $7.3 million. Buchanan recently came under fire for purchasing a yacht estimated to be valued between $1-5 million dollars the same day he voted for the Republican tax cuts bill in 2017. [117], In August 2015, economist Larry Kudlow threatened to run against Blumenthal if Blumenthal voted in favor of the Iran Nuclear Deal. Filmography. "[187], In April 2019, Blumenthal was one of six Democratic senators to sign a letter to Acting Defense Secretary Patrick M. Shanahan expressing concern over memos by Marine Corps General Robert Neller in which Neller critiqued deployments to the southern border and funding transfers under Trump's national emergency declaration as having posed an "unacceptable risk to Marine Corps combat readiness and solvency" and noted that other military officials had recently stated that troop deployment did not affect readiness. In 2008, the attorneys general commissioned the Internet Safety Technical Task Force report, which researched "ways to help squash the onslaught of sexual predators targeting younger social-networking clients".[83]. He also claimed that Countrywide "crammed unconscionable legal fees into renegotiated loans, digging consumers deeper into debt" and "broke promises that homeowners could refinance, condemning them to hopelessly unaffordable loans. [17], Blumenthal received five draft deferments during the Vietnam War,[18] first educational deferments, then deferments based on his occupation. [40], A 2000 landmark federal court decision ruled that Microsoft had violated antitrust laws, and the court ordered that the company be broken up. Richard Blumenthal (D., Conn.) and his wife Cynthia have a six-figure investment in a massive retail shopping complex in Shanghai that is part of a partnership between a Chinese government-controlled business consortium and Disney. As chair of the Commerce Consumer Protection subcommittee, he led hearings and legislation to hold tech platforms like Facebook, Google, Twitter, and TikTok accountable for privacy failings, toxic and illegal content, and other serious harms. "Senator Richard Blumenthal must talk about his . [202], In March 2019, after Attorney General William Barr released a summary of the Mueller report, Blumenthal said the issue was about "obstruction of justice, no exoneration there, and the judgment by William Barr may have been completely improper" and that he did not "deeply respect and trust the Barr summary, which was designed to frame the message before the information was available. He then transitioned to leadU.S. The bill was intended to respond to the Virginia Beach shooting, where the perpetrator used a .45-caliber handgun with multiple extended magazines and a suppressor. Rep. Ro Khanna of California's wealth comes via his wife, Ritu, who is worth millions from her father's investment firm, Mura Holdings. [41], On May 10, 2002, Blumenthal and Connecticut State Treasurer Denise L. Nappier helped to stop the hostile takeover of New Britain-based Stanley Works, a major Connecticut employer, by filing a lawsuit alleging that the move to reincorporate in Bermuda based on a shareholder's vote of May 9[44] was "rife with voting irregularities." He opposed efforts by Walmart to ban the sale of emergency contraception and supports requirements that pharmacies fill birth control prescriptions. In the Senate, Senator Blumenthal has built on his longtime advocacy for consumers by holding companies accountable for the safety of their products. Republican Rep. Vern Buchanan of Florida is a highly successful auto-dealer across the southeastern United States. Baldino wrote that the misleading statement was too "petty" to be the basis for supporting or not supporting Blumenthal. The bill also directed Medicaid and the Children's Health Insurance Program's Payment and Access Commission to report its data regarding doula care coverage under state Medicaid programs and develop strategies aimed at improving access to doula care. He then attended Harvard College, from which he graduated in 1967 with an A.B. "We have learned something very important since the days that I served in Vietnam," declared Blumenthal in 2008, "and you exemplify it, whatever we think about the war . Sen. John Kerry (D-MA) Estimated Net Worth: $193.07 million. [178], In January 2019, Blumenthal was one of 40 senators to introduce the Background Check Expansion Act, a bill that would require background checks for either the sale or transfer of all firearms including all unlicensed sellers. [182], In June 2019, Blumenthal and 14 other senators introduced the Affordable Medications Act, legislation intended to promote transparency by mandating that pharmaceutical companies disclose the amount of money going to research and development, marketing and executives' salaries. Richard Blumenthal, (born February 13, 1946, Brooklyn, New York, U.S.), American politician who was elected as a Democrat to the U.S. Senate in 2010 and began representing Connecticut the following year. An out-of-court $5 million settlement was eventually reached, which included a $1 million exit fee that Boston College was required to pay the Big East under the league's constitution.[64]. But. Democratic Sen. Mark Warner of Virginia is the richest senator, earning his wealth through real estate, energy, and telecommunications. Net Worth. Blumenthal was born in Brooklyn to well-to-do parents; his father was a prominent commodities broker. (RELATED: Barr Unloads On Blumenthal: 'We Have To Stop Using The Criminal Justice Process As A Political Weapon') WATCH: According to Wealth of Congress by Roll Call, the Senator of Connecticut is $70.0 million rich, minus liabilities. In 2001, the federal appeals court agreed, but rather than break up the company, it sent the case to a new judge to hold hearings and determine appropriate remedies. [104] On February 2, 2009, Blumenthal announced he would forgo a gubernatorial run and seek reelection that year as attorney general. [189], In June 2019, Blumenthal and six other Democratic senators led by Brian Schatz sent letters to the Government Accountability Office along with the suspension and debarment official and inspector general at the US Department of Health and Human Services citing recent reports that showed "significant evidence that some federal contractors and grantees have not provided adequate accommodations for children in line with legal and contractual requirements" and urging government officials to determine whether federal contractors and grantees were in violation of contractual obligations or federal regulations and should thus face financial consequences. This bill will save money, it will save lives, and it . Sen. Dianne Feinstein of California holds stake in Carlton hotels, according to Roll Call. [206], On June 27, 1982, Blumenthal married Cynthia Malkin. [88][89] Blumenthal subsequently called for a series of specific measures to fight prostitution and pornography on Craigslistincluding steep financial penalties for rule breaking, and incentives for reporting wrongdoing. Senator Tammy Baldwin Helps Introduce Comprehensive Reform to Address Skyrocketing Prescription Drug Prices", "U.S. According to reports, it doesnt look like hes involved in any private clubs, he rarely eats out, he prefers to cut his hair at a local barber shop, and wears an inexpensive Timex watch. FACT CHECK: Dave Ramsey Made a Statement About America Online, FACT CHECK: CIA Director Gina Haspel Found Dead, FACT CHECK: Kwik Trip Launches Kwik Strip Gentlemens Clubs, Sen. Richard Blumenthal's Estimated Net Worth: $70.0 Million, Meet Emma Hernan, the Newest Star Agent on Netflixs Selling Sunset, Meet Leslie Davis, Lyndsay Lambs Sister and One Half of the HGTV Unsellable Houses Duo, Meet Lyndsay Lamb, Leslie Davis Twin and One Half of the HGTV Unsellable Houses Duo, Meet Mike Parker, the Soulful Contestant on American Idol Season 20. Who Is Kyle Baugher: Kelly Reillys Husband Is a Man of Few Words & Lots of Green Dough! [20][111] Video emerged of him speaking to a group of veterans and supporters in March 2008 in Norwalk, saying, in reference to supporting troops returning from Iraq and Afghanistan, "We have learned something important since the days that I served in Vietnam. [194], In September 2014, Blumenthal was one of 69 members of the US House and Senate to sign a letter to then-FDA commissioner Sylvia Burwell requesting that the FDA revise its policy banning donation of corneas and other tissues by men who have had sex with another man in the preceding 5 years. Democratic Connecticut Senate candidate Richard Blumenthal lied about serving in Vietnam. However, according to the latest estimates, Blumenthal has over $42.6 million in investments, with $18.0 million in real estate assets. His Republican opponent, Leora Levy, calls him a career. Last night, the New York Times printed an explosive story suggesting that Democratic Connecticut Attorney General Richard Blumenthal - who is currently . [208] They have four children. [205], In April 2019, Blumenthal was one of seven senators to sponsor the Digital Equity Act of 2019, legislation establishing a $120 million grant program that would fund both the creation and implementation of "comprehensive digital equity plans" in each U.S. state along with providing a $120 million grant program to give support toward projects developed by individuals and groups. [62] Blumenthal sued for $1.75 million. Blumenthal acquired his Juris Doctor from Yale Law School, where he was classmates with former President Bill Clinton and Hillary Clinton. Peterson, Paul; White, David; Doolittle, Nick; & Roschelle, Amy (September 29, 2003) of Synapse, Energy Economics Inc. Subcommittee on Select Revenue Measures of the House Committee on Ways and Means (June 6, 2002). [109] On May 21, Blumenthal received the Democratic nomination by acclamation. United States Fidelity & Guaranty, the insurer behind the performance bond for the I-84 construction, agreed to pay $17.5 million to settle the claims. Were breaking down the financials that make up Sen. Richard Blumenthals net worth right here. A member of the Democratic Party, he is one of the wealthiest members of the Senate, [5] with a net worth over $100 million. So why is he only Connecticut's attorney general? Blumenthal released his federal tax documents in 2015, which stated that his annual gross income was $248,880. Senator Richard Blumenthal of Connecticut is ranked among the wealthiest politicians in the U.S. Army Chief of Staff James McConville told lawmakers in 2021 . He was the leading Senate sponsor of the Forced Arbitration Injustice Repeal Act, alongside Representative Hank Johnson, which would ban the use of the clauses in consumer contracts. In 2011, his real estate investment was a whopping $63.0 million. Blumenthal served as administrative assistant to Senator Abraham A. Ribicoff, as aide to Daniel P. Moynihan when Moynihan was Assistant to President Richard Nixon, and as a law clerk to Judge Jon O. Newman, U.S. District Court of the District of Connecticut, and to Supreme Court Justice Harry A. Blackmun. [66] A declaratory judgment by the Supreme Judicial Court of Massachusetts exonerated Boston College in the matter. [118], According to a pair of Quinnipiac polls on October 15, 2015, Blumenthal had a 34-point lead over Kudlow[119] and a 35-point lead over Wolf. [127], In the wake of the 2021 storming of the United States Capitol, Blumenthal blamed Trump, saying that Trump "incited, instigated and supported" the attack. "This guy lied about his service," Trump said Oct. 2. The Tomasso Group stopped bidding on state contracts to avoid a substantial legal challenge from Blumenthal under newly written compliance statutes. The senators added that the FTC had the responsibility of protecting both consumers and workers and needed to "act decisively" to address their concerns over "serious anti-competitive harms from the proliferation of non-competes in the economy. Blumenthal supports gun control. Senator Blumenthal authored theClay Hunt Suicide Prevention for American Veterans Act, a bipartisan law to improve mental health care and suicide prevention resources. [90] He said, "Craigslist has the meansand moral obligationto stop the pimping and prostituting in plain sight. [82], Blumenthal was co-chair, along with North Carolina Attorney General Roy Cooper, of the State Attorney General Task Force on Social Networking. [38] The company paid the state of Connecticut $150,000 to settle the suit and agreed to end the advertising campaign. [175], In response to the 2017 Las Vegas shooting, Blumenthal declared in an interview with Judy Woodruff, "we must break the grip of the NRA". In December 2007, Blumenthal filed suit against RJ Reynolds, alleging that a 2007 Camel advertising spread in Rolling Stone magazine used cartoons in violation of the master tobacco settlement, which prohibited the use of cartoons in cigarette advertising because they entice children and teenagers to smoke. [159] They wrote, "The detention of as many as a million or more Uyghurs and other predominantly Muslim ethnic minorities in 'political reeducation' centers or camps requires a tough, targeted, and global response. Blumenthal's office subpoenaed MySpace for information about the number of registered sex offenders on its site. [179], In June 2019, Blumenthal was one of four senators to cosponsor the Help Empower Americans to Respond (HEAR) Act, legislation that would ban suppressors being imported, sold, made, sent elsewhere or possessed and grant a silencer buyback program as well as include certain exceptions for current and former law enforcement personnel and others. Richard Blumenthal's net. Blumenthal commented in defense of U.S. Her grandfather, Lawrence Wien, was a prominent lawyer and philanthropist. [88] He said that prostitution ads remained on the site despite previous assurances that they would be removed. HARTFORD, Conn. (AP) Connecticut U.S. Sen. Richard Blumenthal has $7.5 million in campaign cash and enviable name recognition after decades in public office, but Republicans in this Democratic-leaning state still see an opportunity to win a U.S. Senate seat after a roughly 30-year drought. Republican Rep. Francis Rooney of Florida has earned a large fortune from his business, Manhattan Construction Group, which has built massive projects such as Cowboys Stadium.
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