But in his 2008 financial disclosure report, McCaul reported both of these assets under a single entity, which was valued at $25 million to $50 million.
Although it is possible the accounts were worth as much as $50 million in the previous year, Roll Call considers only the minimum value of each reported asset, or $25 million for its 2008 calendar year tally.
Because McCaul now reports the accounts as separate assets, he receives twice the credit boosting his total by
$25 million with a single account.
Roll Call calculates each Members minimum net worth by adding the minimum value of each asset and subtracting the minimum liabilities reported.
From left, Lisa Peng, daughter of Peng Ming, Grace Ge Geng, daughter of Gao Zhisheng, and Ti-Anna Wang, daughter of Wang Bingzhang, hold pictures of their imprisoned fathers during a House Subcommittee on Africa, Global Health, Global Human Rights, and International Organizations hearing in the Rayburn House Office Building titled “Their Daughters Appeal to Beijing: ‘Let Our Fathers Go!’”
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.