Cynthia Malkin Blumenthal is a member of the family that owns the Empire State Building and other prime New York real estate, led by her father Peter L. Malkin, now 88. Matt followed in his fathers footsteps and is an attorney and politician as well. Net Worth & Salary. The New York Times recently reported that Blumenthal was among 97 members of Congress who made transactions with companies that their committees had cognizance over. He also worked as a venture capitalist, investing in several technology and healthcare companies. Born in Brooklyn, New York on February 13, 1946, Richard Blumenthal is 72 years old. He assembled quite a fortune to the tune of $70 million prior to taking the oath of office. 915 Lafayette Boulevard Moreover, his father Martin emigrated to the United States of America from Frankfurt, Germany at the age of 17. His mother Jane was from Omaha Nebraska. In 2011, he held a major grip in the Senate. He previously served as Attorney General of Connecticut from 1991 to 2011. Additionally, Blumenthal and his wife have several million in hedge funds. Sen. Blumenthal voted for and spearheaded the Defending Integrity of Voting Systems Act in 2019. He started his political career as an administrative assistant to US Senator Abraham Ribicoff, and at the age of 31 became a US Attorney for the District of Connecticut where he served from 1977 to 1981. Thanks for reading, we hope information provided on this page gives you a fair knowledge about Richard Blumenthal's Age, Parents, Partner, Siblings, Career, Net worth and more. His wife, Cynthia. Blumenthal doesnt seem to have expensive taste, either. If you do not know, we have prepared this article about details of Richard Blumenthals short biography-wiki, career, professional life, personal life, todays net worth, age, height, weight, and more facts. Not so much. His holdings in Empire State Realty is around $5.0 million, and his account at State Street Bank has over $3.1 million. Search . Similarly, as the chief federal prosecutor of that state, he successfully prosecuted many major cases involving drug traffickers, organized crime, white-collar criminals, civil rights violators, consumer fraud, and environmental pollution. He has $5 million invested with Empire State Realty OP LLP, and another $2.2 million with Empire State Realty Trust Inc. He paid $89,461 in taxes in 2015 and was refunded $31,475. His contribution towards the army and also towards political family has been immense. One of Norman's IRA's is worth at least $5 million. [3]. He assumed office on January 3, 2011. Dating: According to CelebsCouples, Richard Blumenthal is single . For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/, Richard Blumenthal is a US Senator from Connecticut, Blumenthal served one term in the Connecticut House of Representatives from 1985 to 1987, getting elected to the Senate shortly after, Blumenthal is ranked as one of the wealthiest members of the Senate. Richard Blumenthal's net worth sits close to $70 million, according to Roll Call's Wealth of Congress study. His current tenure will last until 2022. He is largely well - known for . Insider compiled members' annual disclosures filed this year, analyzing thousands of pages of documents to estimate the minimum and maximum net worth of members of the US Senate and the US House of Representatives, including nonvoting delegates. Three newer members of Congress Reps. According to Forbes Magazine, he is one of the most well-paid American Attorney And Politician in recent years. Issa did not report owning any individual stocks his wealth is largely held in diversified stock funds and his ownership of properties in California and Ohio. THANK YOU ! A Connecticut native and Stamford High School graduate, Ken graduated with a journalism degree from Ohio University, where he was also most-valuable player on its soccer team. Richard Blumenthal - Net Worth 2022 Talking about his net worth and earnings, Richard is a politician by profession. He spearheaded the multi-billion dollar lawsuit against the tobacco industry. Blumenthal family is one of the wealthiest families of the USA, and they have contacts with mostly all the politicians. His current term ends on January 3, 2025. Likewise, he has been making a decent amount of earnings as well as impressive fame from his career. New worth in 2016 - $62 million, in 2017 - $70 million. All of Beyer's assets were jointly owned, in a combination of stocks, government securities, and real property. Blumenthals savings and checking account contained more than $3 million in 2015. By: Caroline John - Published: September 28, 2018 at 7:10 am, Sen. Richard Blumenthal (D-CT) participates in an anti-Gorsuch rally April 6, 2017 on Capitol Hill in Washington, DC. Also, she most likely has family trusts to her name. Richard Blumenthal: Children: 4 (3 Sons, 1 Daughter) Matt Blumenthal, Claire Blumenthal, David Blumenthal, Michael Blumenthal: Religion: Jewish: Parents: Peter Malkin (father) & Isabel Wien (mother) Net Worth: $100 million: Siblings: Scott David Malkin, Anthony Edward Malkin: Education: Harvard University: Known For: Spouse to Richard Blumenthal His family's net worth is derived largely from his wife, since the Malkins are influential real estate developers and property managers with holdings including an ownership stake in the Empire State Building. She leads a low-key existence in the media. Blumenthals list of assets, as reported by the Center for Responsive Politics, includes a substantial stake in the Empire State building. Warner's wealth is divvied up among mutual funds, private-equity funds, and hedge funds. The table below summarizes Blumenthals income from investments. According to the reports released in 2018, the Wealth Of Congress study puts up his name along with his net worth of $70 million as of that year. He belongs from a middle-class family of Connecticut, where his grandfather was an ordinary farmer. All net worths are calculated using data drawn from public sources. Senator Richard Blumenthal is one of the Senate's wealthiest members, with an estimated net worth of more than $70 million. It's easy to predict his income, but it's much harder to know how much he has spent over the years. Formerly, he served as Attorney General of Connecticut. Moreover, politicians including President Bill Clinton and Hillary Clinton were his classmate. $248,880. Senator Blumenthal is ranked as one of the wealthiest members of the Senate, with an estimated net worth of over $70million. For other inquiries, Contact Us. They met at a party she attended with her parents when Blumenthal was 31. They also hold a share together in the Empire State Building. Richard was born in a middle-class family from Connecticut, where his grandfather used to do farming and cattle herding. [1] He is one of the wealthiest members of the senate. Ken Dixon is a reporter with Hearst Connecticut Media Group. The majority of Feinstein's wealth is from her husband, Richard Blum, according to her financial filings. His major achievements include: Richard Blumenthal is considered as one of the wealthiest congressmen in the world of politics. They were paired up in a game of tennis but never pursued anything until years later. Furthermore, from the year 1981 to 1986, he was a volunteer counsel for the NAACP Legal DEFENSE FUND. When brought to my attention, I corrected the form and resubmitted it to the House where it will again be made publicly available." Issa listed one liability: a margin account holding him liable for over $50 million. Williams recently violated the STOCK Act by failing to properly file three stock transactions by his wife. He reported one liability in his financial filings: a business loan worth at least $5 million from PNC Bank. Williams' wealth is primarily split among mutual funds, a few select stocks, real property, and the ownership of several car dealerships in Texas worth more than $5 million. The Richard Blumenthal Net Worth is in the form of publicly-traded investments. As of January 2023, His net worth has taken a ladder upto $100 million. He has. In July, Phillips placed his assets in a qualified blind trust approved by the House Committee on Ethics, meaning he'll retain little control over his assets while he's a member of Congress. The Blumenthals have a property in Connecticut, which is the only residence listed under their name. William Barrs Net Worth: 5 Fast Facts You Need to Know, Richard Blumenthals Net Worth: 5 Fast Facts You Need to Know, Copyright 2023 Heavy, Inc. All rights reserved. Jacobs listed one liability in her financial disclosure: a mortgage on a Washington, DC, property worth at least $500,000. The trust contains government securities, mutual funds, and more than $6 million in stock of Qualcomm, a semiconductor company co-founded by her grandfather, Irwin M. Jacobs. How rich Richard Blumenthal is? In addition, Blumenthal was one of the key senators that filed a lawsuit to break the monopoly of software company Microsoft that was hurting the tech industry. [7]. Durrell, Brad. Moreover, at age 31, Blumenthal was appointed United States Attorney for the District of Connecticut, serving from 1977 to 1981. Find out, Marco Rubio Net Worth And Income Sources, Jon Ossoff Net Worth And Income Sources, Raphael Warnock Net Worth And Income Sources, Brian Schatz Net Worth And Income Sources, https://www.legistorm.com/pfd_office/member/Sen_Richard_Blumenthal/2813.html, https://richardblumenthal.com/meet-richard/, https://www.legistorm.com/member/2813/Sen_Richard_Blumenthal.html, https://sec.report/Senate-Stock-Disclosures/BLUMENTHAL/RICHARD/3740ce3d-a430-41d6-9220-350437e1b83b, https://www.cga.ct.gov/PS98/rpt%5Colr%5Chtm/98-R-0102.htm, https://www.ctpost.com/local/article/Blumenthal-at-high-end-of-Senate-millionaires-3797283.php, https://www.theguardian.com/world/richard-adams-blog/2010/may/18/richard-blumenthal-vietnam-connecticut-senate, Bank and Stocks (Checking accounts, Real estate, ETFs. He currently resides in New York, United States. Richard Blumenthal's Salary and Net Worth. Richard Blumenthal is often regarded as one of the wealthiest congressmen in the country. He previously served as Attorney General of Connecticut from 1991 to 2011. Source: Nationalreview) Richard rose to fame in his fight against Tobacco and many social media companies. Prior to his political career, Richard was a senior litigating partner with Cummings & Lockwood, lawyers . With all his money, I wish he would change that blue shirt. [3] He also earns income from his retirement account, fixed income, and equity accounts that contribute to his net worth. Richard Blumenthal was born in New York City, NY on 13th February 1946. 1 spot on the list through his extensive holdings in stocks, bonds, LLCs, private-equity funds, gold trusts, and treasury notes. U.S. Sen. Richard Blumenthal, D-Conn., during the live televised debate against Republican candidate for U.S. Senate Leora Levy. The bulk of Obernolte's fortune stems from his ownership of FarSight Studios, a video-game company in Big Bear Lake, California, that he launched in 1988. Insider's calculations are conservative estimates based on the minimum values disclosed by members. His height is 1.82m tall, and his weight is 78 kg. Senator Richard Blumenthal of Connecticut, 73, is one of the wealthiest members of Congress. He serves as a member of the Connecticut House of Representatives from the 147th district in Fairfield County. Richard Blumenthal, 75, is an American attorney and politician. In 2015, Blumenthal, regularly listed among the wealthiest members of Congress, was ranked by Roll Call as the eighth richest lawmaker with a net worth of $66.99 million. Richard Blumenthal has been earning income from various corporate securities. We all know that getting into Harvard is not an easy task, but Richard did it. The work paid $17,000 a year, or about $130,000 in today's dollars. Blumenthal's fortune is held almost entirely by his wife, Cynthia Malkin, with millions of dollars reported in various hedge funds, stocks, and real estate and property partnerships. His wife is the daughter of the New York real estate tycoon Peter L. Malkin. with a net worth over $100 million. Sen. Richard Blumenthal and Republican challenger Leora Levy will face off Tuesday for a chance at a 6-year term. According to Wealth of Congress by Roll Call, the Senator of Connecticut is $70.0 million rich, minus liabilities. The tax return was prepared by Michael Siino, a partner at the auditing and tax services firm Marks Paneth LLP in New York City. Is Award-Winning Journalist and Host Kerstin Lindquist Leaving QVC? Blum is an investor and the president and chairman of Blum Capital, a private equity company. Although Cynthia Malkins exact wealth is not known, everyone agrees that the combined wealth between her and her husband is a lot more. Scroll below and check more details information about Current Net worth as well as Monthly/Year Salary, Expense, Income Reports! Senator Richard Blumenthal of Connecticut, 73, is one of the wealthiest members of Congress. [5] Blumenthal married Cynthia Malkin in June of 1982. Scott, who assumed office in 2019, cemented his No. Richard Blumenthal net worth: Richard Blumenthal is an American politician who has a net worth of $85 million. But in. In 2015 he received a $31,475 tax refund. They have one daughter and three sons together namely Claire Blumenthal, David Blumenthal, Michael Blumenthal, and Matt Blumenthal. Our Editor-in-Cheif works as a strategist at a Fortune 500 financial institution. Phillips, who joined Congress in 2019, reported at least $2 million in liabilities in the form of mortgages. Richard Blumenthal (Democratic Party) is a member of the U.S. Senate from Connecticut. Center for Responsive PoliticsSenator Richard Blumenthals Cash/Money Market assets in 2015. What is the profession of Richard Blumenthal? As of 2020, over half of the members of Congress were millionaires and the median net worth of members was approximately $1 million. The couple made it official after Malkin began attending Harvard. A part of the family behind the eponymous Midwestern grocery chain, Meijer reported that the bulk of his wealth was held in a "generation-skipping trust" that contained, among other assets, stock in Johnson & Johnson, Home Depot, Tesla, and Visa. He listed his salary as $174,000. Now see the Richard Blumenthal Net worth , Birth Date and age. Similar Senator Net Worth and Income Articles: Richard Blumenthal was born on 13th February 1946. He served as Attorney General of Connecticut from 1991 to 2011. Blumenthal also worked as a US Attorney for the District of Connecticut for four years during the late 1970s. At that time, his net worth was estimated over $81.0 million. in 1990, he elected as the 23rd . Blumenthal's wealth exceeds $100 million, making him one of the richest members of the Senate. Net Worth in 2021. Use Next and Previous buttons to navigate. Likewise, David Blumenthal is a doctor and healthcare policy expert who became president of the Commonwealth Fund. Blumenthal's office responded that he neither owns, nor has any vested interest, in any individual stock himself, but his wife's trust owned them and that he would amended his filing accordingly. Peter Malkin is part-owner of the Empire State Building. He is 1.82 m tall. The couple made it official after Malkin began attending Harvard. Unfortunately, there is no information about the body measurement detail Richard. U.S. World; Tech & Science; "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Richard was a trusted personality in an antitrust suit against Microsoft. The article stated that Blumenthal wears a Timex watch. (Getty). Source: Facebook. The bill passed in Congress in 2020. His latest federal ethics filing, which lists assets by name but income in general ranges, shows Blumenthal and his wife Cynthia with tens of millions of dollars in income during 2020, on top of his state pension of $63,088, earned during 20 years as state attorney general, and before that membership in the General Assembly. 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! INCOMEPEDIA is an encyclopedia for income ideas and net worth profiles. He was considered a bright child and often referred to as a prodigy. His estimated net worth has risen as high as $110 million over the past several years. Could UConn women's basketball be back to 'square one' with seven available players at Seton Hall? Net Worth: Online estimates of Richard Blumenthal's net worth vary. Commentdocument.getElementById("comment").setAttribute("id","ac08201e8f0133f3e948f50ca2f356d1");document.getElementById("hec327e7e3").setAttribute("id","comment"); Save my name, email, and website in this browser for the next time I comment. The congressman served for 18 years in Congress before briefly leaving and becoming President Donald Trump's nominee to head the US Trade and Development Agency. Before he was re-elected in the senate in 2016, Blumenthal was the second richest member of Congress. Richard Blumenthal Investment Income Summary, A post shared by Senator Richard Blumenthal (@senblumenthal). In 2011, his real estate investment was a whopping $63.0 million. As for total investments, the Wealth of Congress index estimates that the value of Senator Blumenthals various investments is approximately $42.6 million. He won himself a seat in the Connecticut House of Representatives in 1984 and served the country for quite a few years. Norman was elected to Congress in a special election in 2017 after President Donald Trump appointed his predecessor, Mick Mulvaney, to be the director of the Office of Management and Budget. Phillips held more than $250,000 worth of Apple stock, at least $50,000 worth of Facebook stock, and over $1 million in the SPDR S&P 500 Trust ETF. In 1973, Blumenthal received a J.D. Being born in mid-February, his zodiac sign is Aquarius. The documents cover 2020, a year in which the world's richest people grew their fortunes by trillions of dollars. There are four sources of investment income totaling as much as $1 million, as well as her $36,000 salary at Kamber Management Corp. in New York, led by her husband, President Steven M. Levy, the third generation to head the family business. 2. He was also the United States Attorney for the District of . Blumenthal made a lot of achievements while serving as Connecticuts Attorney General. Richard Blumenthal is one of the wealthiest members of the Senate with income through different sources. He serves as a member of the Connecticut House of Representatives from the 147th district in Fairfield County. Richard Blumenthal lives in a large house but that appears to be the extent of his lavish taste. Source: Facebook. Similarly, about his net worth, he has a net worth of around $85 million. In late 2021, DelBene appeared to violate the STOCK Act by improperly disclosing her husband's massive sale of Microsoft stock days before President Joe Biden nominated him for an administration post. It was introduced as a federal government law to protect the digital voting system from fraud and abuse. Forbes estimated Jay Robert "J. B." Pritzker's net worth is around $3.6 billion, which makes him the richest politician in the US. In her filing as a federal candidate, Leora Levy, Blumenthal's Republican challenger, recently named 358 potential sources of income. https://www.ctpost.com/local/article/Blumenthal-at-high-end-of-Senate-millionaires-3797283.php An article about Sen. Richard Blumenthals net worth. By clicking Sign up, you agree to receive marketing emails from Insider Murphy (Democratic Party) ran for re-election to the U.S. Senate to represent Connecticut.He won in the general election on November 6, 2018.. The bulk of Romney's wealth derives from his success at Bain Capital, a private-equity investment firm where he rose to CEO. Members disclose the value of their assets in broad ranges. The house in Greenwich is more than 5,600 square feet, according to the CT Post. He later defeated Linda McMohan with a majority of 55% votes. Blumenthals salary in the Senate is $174,000 annually, nearly twice the national average household income. They reportedly have an ownership stake in the Empire State Building. Great tour and discussion about building on past success right here in Connecticut. The Center for Responsive Politics reported seven separate cash/money market accounts as of 2015, six of them with JP Morgan Chase. Meanwhile, his salary was listed at $174,000. TOP INDUSTRIES INVESTED 2015 Real Estate $3,000,000 Misc Energy $489,002 TOP ASSETS 2015 Empire State Realty OP LLP $5,000,005 State Street Bank & Trust Co $3,175,003 Estimated Net Worth 2009-2017 abcdefhiklmnopqrstuvwxyz Loading chart. This is a carousel. as well as other partner offers and accept our, Alex Wong/Getty Images; Kevin Dietsch/Getty Images; Bill Clark/CQ Roll Call; Hannah McKay-Pool/Getty Images; Rebecca Zisser/Insider, Chance Yeh/Getty Images for Power 100 Lunch, Bill Clark/CQ-Roll Call, Inc via Getty Images), Bill Clark/CQ-Roll Call, Inc via Getty Images, Tom Williams/CQ-Roll Call, Inc via Getty Images, Michael Brochstein/SOPA Images/LightRocket via Getty Images, Kent Nishimura / Los Angeles Times via Getty Images, Anna Moneymaker/The New York Times via AP, Pool, placed his assets in a qualified blind trust, acknowledged filing an incorrect personal financial disclosure. I live in the sparsely populated northeastern part of Ct. Not much money here. Richard Blumenthal has acquired major achievements and awards throughout his career since he joined the US army at first and then entered into politics. Biography Timeline 1970 Democrat Richard Blumenthal is one of the wealthiest members of the Senate, in large part due to investments in his father-in-law's real estate firm. Trone's wife independently owned stock in Alphabet, Apple, and Pepsi, among others. By the way , who wrote this dreadfully written text ??? So, nobody on the senate finds that . DelBene's office denied that the congresswoman violated the law, citing an email from the Committee on House Ethics. The congresswoman reported two liabilities owned by her spouse: lines of credit amounting to more than $1.5 million. She met Richard when she was 16 years old and he was 31 years old. Rep. Ralph Norman, a Republican from South Carolina, now appears among the Top 25. Secret lair holding clues was uncovered in case linked to JonBent, Author's husband wanted her to stop writing before 'faking her death for years', Putin readying 700k troops for new offensive in weeks to cut off Ukraine', Baby among 6 festival-goers sliced to death by glass-encrusted kite strings, 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, Richard Blumenthal is a US Senator from Connecticut, Blumenthal served one term in the Connecticut House of Representatives from 1985 to 1987, getting elected to the Senate shortly after, Blumenthal is ranked as one of the wealthiest members of the Senate. And much of Romney's fortune is in Goldman Sachs mutual funds. Scott did not list any liabilities or debts in his filings. Much of his net worth is generated from his wife Cynthia's side of the. Blumenthals political career began while serving as an administrative assistant to then-Senator Abraham Ribicoff. Here's what we know about the opponents' financials. degree magna cum laude with membership in Phi Beta Kappa. She has declined to detail the amount raised during a recent party held in her honor last month at Mar-a-Lago, the club owned by Donald Trump, whose endorsement helped her win the party's nomination in its August primary. [4] https://sec.report/Senate-Stock-Disclosures/BLUMENTHAL/RICHARD/3740ce3d-a430-41d6-9220-350437e1b83b Financial disclosure data of Sen. Richard Blumenthal (D-Connecticut). Save my name, email, and website in this browser for the next time I comment. He first served one term in the Connecticut House of Representatives from 1985 to 1987 and was subsequently elected to the Connecticut Senate. Besides properties in Manhattan, Malkin also owns a real estate company in Sao Paulo, Brazil. However, some analysts believe Richard Blumenthals wealth could be around $85.0 million or more. His latest federal ethics filing, which lists assets by name but income in general ranges,shows Blumenthal and his wife Cynthia with tens of millions of dollars in income during 2020, on top of his state pension of $63,088, earned during 20 years as state attorney general, and before that membership in the General Assembly. On Instagram, Richard Blumenthal has over 25.1 million followers. At 32, Richard Blumenthal stated dating a 16-year old girl, he got 5 deferments to stay out of Vietnam then claimed he was a combat veteran. At that time, his net worth was estimated over $81.0 million. He is also the only politician who surpassed the net worth of former president Donald Trump. Well, if youre ready, lets start. Blumenthal released his federal tax documents in 2015, which stated that his annual gross income was $248,880. DelBene's wealth is spread out among mutual funds, exchange-traded funds, and real-estate funds. Though the company was seized in the 1960 Cuban revolution, Levy, according to her biography, became one of the first female sugar traders in the U.S. commodities markets. The wealthiest 15 members together had an estimated net worth of at least $1.3 billion, accounting for half of Congress' total estimated wealth. Wikipedia* On the C-SPAN Networks: . His net worth is largely attributed to his wife, Cynthia Malkin, whose long line of family members are influential real estate developers and property managers.

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