13. John Garamendi

$1.9 million minimum net worth

Garamendi (D-Walnut Grove) had a net worth of at least $1.9 million, and most of his wealth was in real estate. His most valuable asset was the ranch he owns with his wife, Patricia, but he also listed a rental property, pasture land, and a home in Davis as investments. The Garamendis disclosed three home mortgages totalling at least $750,000, and at least $10,000 in credit card debt.

Totals

$2.6 million minimum assets
$760,000 minimum liabilities

Asset list

Rank Asset Type Owner Minimum value
1 Ranch Real Estate Joint $1,000,001
2 Rental property Real Estate Joint $500,001
3 Bank of America Account Bank Account Joint $250,001
4 Davis house Real Estate Joint $250,001
5 Bank of Stockton Bank Account Joint $250,001
6 Grupe Squaw Valley LLC Investments Member $100,001
7 Cabin Real Estate Spouse $100,001
8 Wells Fargo Bank Account Bank Account Joint $50,001
9 Walnut Grove pasture Real Estate Joint $50,001
10 American Fund Fundamental Inv A Investments Spouse $50,001
11 Woven Media Investments Joint $15,001
12 American Fund 401(k), American New Economy Investments Member $1,001
13 Granite Construction Incorporated (GVA) Investments Spouse $1,001
14 Solazyme, Inc (Szym) Investments Member $1,001
15 Morgan Stanley Bank Account Bank Account Spouse $1,001
16 Twitter, Inc (Twtr) Investments Spouse $1,001
17 Solazyme Inc (Szym) Investments Spouse $1,001
18 Facebook, Inc, Class A (FB) Investments Spouse $1,001
19 American Fund 401(k), American Small Cap World Investments Member $1,001

Liability list

Rank Creditor Type Owner Minimum value
1 US Bank Home Mortgage Personal Home Joint $250,001
2 Wells Fargo Home Mortgage Personal Home Joint $250,001
3 PennyMac Home Mortgage Joint $250,001
4 American Express Credit Card Joint $10,000
#14. Chu (D) $1.8 million

Credits: Christina Bellantoni, Christine Mai-Duc, Javier Panzar, Julie Westfall and Sarah Wire.

About this data: These are the assets disclosed for calendar years 2014-2016 compiled by Roll Call. They are ranked from largest to smallest. Financial disclosure rules allow lawmakers to report broad ranges of minimums for both assets and liabilities, starting at $1 to $1,000 and topping out at $50 million or higher, so it is impossible to offer precise figures. The minimum values shown are how Roll Call calculated the net worth for each member.

Roll Call assigns assets and liabilities into several categories. The disclosure forms indicate if the asset or liability is owned solely by the member, by the member’s spouse, by the member’s dependent(s) or jointly owned by the member and spouse. The names of the assets and liabilities appear as they were entered on the forms filed with the clerk of the House and the Senate Select Committee on Ethics.