A Capitol Hill newspaper, Roll Call, report found that Indian American freshman U.S. Rep. Ro Khanna is the fourth richest Californian in Congress.
The report analyzed federal financial disclosure forms to determine that the total net worth of the Golden State’s 55-member delegation came to $439 million in 2016—a 14 percent drop from the year before—while Congress as a whole got richer, it said.
There are 20 millionaires in Congress from California with fortunes from various areas. Republican Darrell Issa tops the list with a net worth of $283.3 million.
Khanna, an economist and intellectual property lawyer, reported that his wife Ritu Khanna — the daughter of Monte Ahuja, an executive of investment firm Mura Holdings and car parts company Transtar — holds 99 percent of his assets, the report said.
Khanna, according to Roll Call, spent none of his family’s money on his last race. His wealth, a reported $27 million, includes more than 500 different investments and a few trusts. He also reported more than $500,000 in tech stocks and $50,000 in student loans, the report added.
Sen. Dianne Feinstein is the second-richest member of the state delegation and the wealthiest woman in Congress with a reported worth of $61.5 million. Scott Peters (San Diego) comes in at third place with a net worth of $32 million. Sen. Kamala Harris, is No. 29 with a reported net worth of $391,100, it added.