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Feb 26, 2019 · According to the non-profit government transparency organization Center for Responsive Politics, McConnell's net worth jumped from an estimated $7.8 million in 2007 to $17 million in 2008,...
May 22, 2024 · Indeed, Mitch McConnell’s net worth is nowhere near $125 million, according to his publicly available financial disclosures. His net worth spiked in 2008 because of an inheritance gifted to him and his wife, not insider trading.
Mar 3, 2021 · Senator Mitchell McConnell’s sudden increase in net worth was due to an inheritance received by his wife, former Secretary of Transportation Elaine Chao, after the death of her mother in 2007.
Mar 4, 2021 · Is there something mysterious about Senate Minority Leader Mitch McConnell's net worth multiplying eight-fold from $2,962,015 in 2005 to $23,965,520 in 2015 on a salary of $193,400 a year? No, that's not true: The Republican from Kentucky did see a dramatic increase in his net worth, but context is missing from a post questioning the increase.
Sep 2, 2021 · If Chao and McConnell had received even just a $5 million gift in 2008 and invested the entire amount into the S&P 500 that year, it could be worth some $20 million today.
- Michela Tindera
Jun 2, 2020 · Before 2008, McConnell’s wealth was well below the Senate average. In 2004, his average net worth was $3.1 million, compared with a Senate average of $14.5 million. So what happened in...
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Aug 2, 2023 · Net worth: $35 million. Current rank of all Senate members by net worth: No. 9 of 50. Primary source of income: Senate salary, family inheritance