The 50 Richest Members of Congress (2008)

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One of the liabilities remaining is attributed to Corker’s “dependent child”: a loan from the Senator valued at more than $1 million, payable at 5.05 percent interest.

In 2007, according to an explanatory note attached to his disclosure form, Corker also divested himself of hundreds of thousands of dollars worth of publicly traded stock in order to avoid any appearance of conflicts of interest. He consolidated his investments in several funds that are widely diversified and therefore do not have to report their underlying holdings. When one of the funds could not meet the Ethics Committee’s requirements for an “exempt” fund, Corker withdrew from the investment.

16. Rep. Carolyn Maloney (D-N.Y.)
$19.01 million

The New York lawmaker saw her estimated net worth increase more than 44 percent over the past year, up from $13.18 million.

The jump results from growth in her portion of a real estate development company, which moved up from the $1 million minimum category to the $5 million minimum category, effectively adding $4 million to Maloney’s bottom line.

Maloney listed a value of at least $5 million for Bosher Family, a partner of the real estate development company HPB Enterprises.

She also lists a separate $1 million entry for HPB Enterprises in Hertford, N.C.

The Democrat also owns a “rental property and residence” in New York valued at $5 million to $25 million, a rental property in New Canaan, Conn., ($1 million to $5 million) and a Washington, D.C., house ($1 million to $5 million).

Maloney also has about $2 million in mortgage debts and real estate loans on those properties and an Arlington, Va., condo.

17. Rep. Nancy Pelosi (D-Calif.)
$18.71 million

The Californian’s net worth rose nearly 16 percent in 2007, adding $2.5 million to her personal wealth.

Among her assets, Pelosi lists a Norden, Calif., town house valued at $1 million to $5 million and a real estate investment in Napa, Calif., worth at least $500,000.

In addition, her husband owns a commercial property in San Francisco valued at $5 million to $25 million. In 2006, the property was listed as worth $1 million to $5 million, so that property alone added $4 million to Pelosi’s net worth last year.

The couple also owns a vineyard in St. Helena, Calif., valued at $5 million to $25 million.

The Speaker’s husband also increased tenfold his holdings in Apple Computer Inc. stock to at least $5 million, up from a minimum of $500,000 in 2006.

Pelosi and her husband also owe mortgage debt on several of their properties, including the vineyard, totaling at least $8.75 million.

Other debts listed by Pelosi include lines of credit totaling at least $3.5 million.

18. Rep. Nita Lowey (D-N.Y.)
$17.77 million

The largest asset on Lowey’s disclosure form is an account in her husband’s name with the investment firm Ingalls & Snyder listed with a value of $5 million to $25 million. In 2006, Lowey listed the same asset with a value of $1 million to $5 million.

Her husband has several other investment accounts worth a minimum of $1 million each, as well as at least $1 million in a profit- sharing plan from his law firm, Lowey Dannenberg Bemporad & Selinger (which has since been renamed). The couple also list joint investment accounts at Glickenhaus & Co. and Fidelity worth from $1 million to $5 million each.

19. Sen. Elizabeth Dole (R-N.C.)
$16.45 million

The North Carolinian and her husband, former Sen. Bob Dole (R-Kan.), saw a modest rise in their wealth, increasing a little more than 2 percent since 2006.

The Doles’ assets include the only liability listed by the couple multiple checking and money market accounts worth at least $1.12 million, including one account held by Bob Dole valued at “over $1 million.”