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Report: Kerry Is The Richest Member Of Congress

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Report: Kerry Is The Richest Member Of Congress

Kennedy Comes In Ninth

BOSTON (WBZ) ― Sen. John Kerry is the richest member of Congress, according to the Capitol Hill newspaper Roll Call.

The paper has compiled a list of the 50 wealthiest U.S. Senators and Representatives, based on 2008 financial disclosure forms filed by every member of Congress.

Kerry tops the list with a reported minimum net worth of $230.98 million.

Sen. Edward Kennedy is ninth with $47.62 million.

Sen. John McCain is in 13th place with more than $19 million. Sen. Barack Obama did not make the list.

But Sen. Hillary Clinton did. She's ranked 29th with a reported minimum net worth of just over $10 million.

Since politicians are purposely vague in disclosure forms, there is no way to determine the accuracy of the list.

Roll Call prefaces the article on its Web site by saying:

"Everything that you are about to read might be wrong. Roll Call's annual attempt to rank the riches of Members of Congress is hampered by one fundamental flaw: It is based on the lawmakers' financial disclosure forms, which are extraordinarily unreliable sources of information."

(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)

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