http://thehill.com/business-a-lobbying/179543-house-freshmen-join-list-of-wealthiest-lawmakersOne-fifth of the 50 richest members of Congress are freshman House Republicans sent to Washington last year with strong Tea Party support, according to The Hill’s 50 Wealthiest for 2011.
Ohio’s Rep. Jim Renacci, the wealthiest of the 87 freshman Republicans elected in 2010, has an estimated net worth of $35.9 million and is the 11th richest lawmaker in Congress, according to The Hill’s list.
Like Reps. Nan Hayworth (R-N.Y.), and Blake Farenthold (R-Texas), who are also numbered among the most wealthy 50 lawmakers in Congress, Renacci had a successful business career before entering Congress.
He made his fortune through LTC Management Services, the Ohio nursing home owner and operator that he founded in 1985. The lawmaker still has close to $2 million in holdings tied to the company.
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