10. Ken Calvert

$2.4 million minimum net worth

Calvert (R-Corona) has a net worth of at least $2.4 million. Virtually all his wealth comes from real estate investments, and he disclosed nine mortgages totalling at least $2 million. His wealth had grown substantially since 2014, when he reported a minimum net worth of at least $1.8 million.

Totals

$4.4 million minimum assets
$2.0 million minimum liabilities

Asset list

Rank Asset Type Owner Minimum value
1 1065 E 3rd Real Estate Member $1,000,001
2 624 E Grand Real Estate Member $500,001
3 Limonite Real Estate Member $500,001
4 330 Sherman Way Real Estate Member $500,001
5 901 E 3rd St Real Estate Member $500,001
6 63 W Grand Real Estate Member $250,001
7 501 & 503 E 6th Real Estate Member $250,001
8 Calvert Real Properties Investments Member $250,001
9 103 N Lincoln Real Estate Member $100,001
10 122 E 6th Street Real Estate Member $100,001
11 6141 St Andrews Plaza Palm Springs, CA Real Estate Member $100,001
12 Industrial Land, Huchens, Texas Real Estate Member $100,001
13 22622 S Gilbert Road Real Estate Member $100,001
14 Citizens Business Bank Personal Checking Bank Account Member $100,001
15 Northeast Corner 8th & Main Real Estate Member $50,001

Liability list

Rank Creditor Type Owner Minimum value
1 Key Bank National Association Mortgage Member $1,000,001
2 Flagstar Bank Dallas, TX Mortgage Member $250,001
3 US Bank Home Mortgage Owensboro, KY Mortgage Member $250,001
4 Citizens Business Bank Corona, CA Mortgage Member $100,001
5 Citizens Business Bank Coronoa, CA Mortgage Member $100,001
6 Citizens Business Bank Corona, CA Mortgage Member $100,001
7 Citizens Business Bank Corona, CA Mortgage Member $100,001
8 Corona Industrial Park Corona, CA Mortgage Member $50,001
9 Citizens Business Bank Corona, CA Mortgage Member $50,001

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.