In this article, we go over Michael McCaul’s net worth by exploring his assets and liabilities, all disclosed in his latest financial disclosure report.
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Who is Michael McCaul?
Michael McCaul is an American politician and attorney. McCaul has been serving as the US Representative for Texas’s 10th congressional district since 2005. He is a member of the Republican Party.
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McCaul has held several significant positions in Congress, including Chairman of the House Committee on Homeland Security and Chairman of the House Committee on Foreign Affairs. He has a background in law and has worked as a federal prosecutor and Chief of Counterterrorism and National Security for Texas’s branch of the US Attorney’s office.
Michael McCaul’s net worth
Yahoo estimated Michael McCaul’s net worth to be around $200 million. He inherited this wealth from his wife, Linda McCaul, who is the daughter of Lowry Mays, the founder of Clear Channel Communications (now iHeartMedia (NASDAQ: IHRT)).
Based on his latest financial disclosure report, we estimated Michael McCaul’s net worth to be between $157,830,685 and $223,151,052.
Disclaimer: Estimating a lawmaker’s net worth is challenging because disclosure forms do not mandate exact values. Instead, they report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more.
Michael McCaul’s assets and liabilities
Based on his latest financial disclosure report, Michael McCaul’s assets are valued between $157,830,685 and $223,151,052, with no disclosed liabilities. Out of all his reported assets, over 50 of these are valued at over $1 million. Some of them include:
- Countryside Plaza LTD;
- Southwest Junction LTD;
- MZG Net Lease Funding LTD;
- MZG Real Estate LTD;
- Sasco/El Prado Steel.
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Controversies
In November 2024, Michael McCaul was detained at Dulles International Airport for public intoxication. McCaul admitted to mixing Ambien and alcohol, which led to his disorientation and subsequent detention by airport authorities. The House Ethics Committee decided not to open an investigation into the matter.
Michael McCaul Meta investment
When it comes to his private life, Michael McCaul is married to Linda Mays McCaul, the daughter of Lowry Mays, the founder of Clear Channel Communications. The couple has five children together.
The bottom line
Michael McCaul’s net worth spans between $157,830,685 and $223,151,052. These impressive figures make him one of the wealthiest US representatives.
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Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.