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Wealthy Republican Candidates Seek House

Eldrige would likely be the youngest member of Congress, if he can oust Republican Rep. Chris Gibson in New York’s 19th District. The 28-year-old acquired his wealth the old-fashioned way: through marriage.

The husband of Facebook co-founder Chris Hughes, Eldridge has contributed $465,000 to his race so far. In the second and third quarters of this year, he matched individual donations from his personal fortune. But the moneyed couple’s wealth backfired last summer, after The New York Times published an unflattering catalogue of Eldridge’s move to the district and his political connections.

Nonetheless, Republicans privately concede that Eldridge — and his deep pockets — worries them.

Rothenberg Political Report/Roll Call Race Rating: Tilts Republican

Former state Rep. Phil Krinkie, Republican

Krinkie is one of a few Republicans looking to replace retiring Republican Rep. Michele Bachmann in Minnesota’s exurban 6th District. The owner of Snelling Company, a local heating and cooling company, has already put $300,000 of his own funds toward his bid.

Krinkie faces three other well-known Republicans in the primary, including former state Rep. Tom Emmer. Many local Republicans consider Emmer to be the front-runner, but they also argue that the race is fractured — as are local donors. That only makes Krinkie’s ability to fund his campaign more important.

Rothenberg Political Report/Roll Call Race Rating: Safe Republican

Businessman Stewart Mills, Republican

Minnesota Republicans like to compare the long-haired, handsome Mills to Brad Pitt. But he’s most famous locally for Mills Fleet Farm, his family’s retail chain of outdoor appliance and apparel stores.

Mills serves as the company’s vice president. Republicans are optimistic he will be able to fund his bid against Rep. Rick Nolan, a Democrat in the 8th District.

Mills has not loaned or donated a large amount of money to his campaign yet, according to online records. But he’s suggested he might do so soon, recently telling The Star-Tribune, “I’m not going to ask my donors to do something I’m not willing to do for myself.”

Rothenberg Political Report/Roll Call Race Rating: Leans Democratic

Former Rep. Nan Hayworth, Republican

Hayworth is challenging freshman Democratic Rep. Sean Patrick Maloney in their second matchup for New York’s Hudson Valley-centric 18th District. In 2012, CQ Roll Call estimated the ophthalmologist’s wealth to be about $12.3 million. Her husband is the CEO of Mount Kisco Medical Group.

So far, Hayworth has loaned her campaign $132,000 (and repaid part of that) — but she’s shown a willingness to spend more on races. In 2010, she gave her campaign more than $500,000 in loans and contributions.

Rothenberg Political Report/Roll Call Race Rating: Favored Democratic

Former Rep. Doug Ose, Republican

Ose was a regular on Roll Call’s 50 Richest list of wealthiest members during his three terms in the 2000s.

After an unsuccessful 2008 comeback bid, Ose is one of a trio of Republicans looking to oust Bera in the California 7th. Ose’s 2008 campaign proved his pockets are deep: He spent more than $4 million of his money on loans and contributions. At the time, the Sacramento Bee described his wealth as based in “family partnerships worth at least $117 million, including burgeoning investments in real estate, stocks, farm land and mini-storage facilities.”

Rothenberg Political Report/Roll Call Race Rating: Leans Democratic

Attorney David Trott, Republican

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