The Congressional magazine Roll Call has ranked the 50 richest members of Congress and Montana Republican Rep. Denny Rehberg has dropped one slot to #27. The story notes that many of the wealthiest lawmakers saw significant hits to their fortunes in the recession. But don’t worry, they’re not exactly roughing it. Massachusetts Democratic Sen. John Kerry tops the list with $167.55 million, far and away the richest, due mainly to the ketchup fortunes of his wife.
Here’s the write-up on Rehberg’s assets:
The Montanan dropped one slot in this year’s rankings, reflecting the modest loss to his minimum net worth.
Rehberg’s wealth is primarily held in real estate. The lawmaker owns two rental properties in Montana valued at a combined minimum of $350,000. He also holds at least $11.5 million in several farm and ranch properties.
An investment in Lenhardt Farm dropped to the minimum $500,000 category from the previous year’s value of at least $1 million.
Rehberg’s debts totaled $1.3 million for development, construction and agriculture loans.