News & Observer | newsobserver.com | N.C. Congressional delegation includes at least 4 millionaires

Published: Jun 16, 2006 12:00 AM
Modified: Jun 16, 2006 09:25 AM

N.C. Congressional delegation includes at least 4 millionaires

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THEIR REPORTED WEALTH

The four North Carolina members of Congress with the most stated wealth:

Other members of the state's delegation and their stated wealth are:

* Rep. David E. Price, Democrat, Chapel Hill - $940,000 to $2.85 million

* Rep. Howard Coble, Republican, Greensboro -- $902,043 to $2.48 million

* Rep. Mel Watt, Democrat, Charlotte -- $650,062 to $2.05 million

* Sen. Richard Burr, Republican, Winston-Salem -- $803,000 to $1.85 million

* Rep. Bobby R. Etheridge, Democrat, Lillington -- $410,000 to $1.3 million

* Rep. G.K. Butterfield, Democrat, Wilson -- $510,000 to $1.21 million

* Rep. Patrick McHenry, Republican, Cherryville -- $283,010 to $696,000

* Rep. Walter B. Jones, Republican, Farmville -- $148,000 to $447,000

* Rep. Sue Myrick, Republican, Charlotte -- $96,005 to $265,000

* Rep. Brad Miller, Democrat, Raleigh -- $64,008 to $260,000

* Rep. Mike McIntyre, Democrat, Lumberton -- $18,004 to $95,000

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WASHINGTON - At least four of the 15 federal lawmakers who represent North Carolina are millionaires, according to the latest financial disclosure forms released by lawmakers.

Republican Rep. Charles Taylor is the wealthiest lawmaker from the state and one of the richest in Congress with an estimated worth of at least $50 million. Most of his assets are in a family holding company that owns the Blue Ridge Savings Bank in Asheville.

Republican Rep. Robin Hayes, whose grandfather was Cannon Mills founder Charles Cannon, declared his estimated worth at more than $25 million.

Republican Sen. Elizabeth Dole has estimated assets of $13 million or more, and Republican Rep. Virginia Foxx has holdings of at least $2.91 million.

The reports require lawmakers to list last year's assets and debts, along with any income beyond the $162,100 salary for rank-and-file House and Senate members. Rules require lawmakers to donate their speaking fees to charity and to limit gifts from any individual to $100 in a year.

The reports, released to the public Wednesday, give only ranges for the worth of stocks, property and other assets, not specific figures. The reports are not required to include the value of legislators' primary residences or spouses' salaries.

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