30. Steve Knight

$359,000 minimum net worth

Knight’s (R-Palmdale) net worth of at least $359,000 came from several investments, rental property and a parcel of land all worth at least $100,000. The Palmdale Republican’s liabilities included three mortgages of at least $100,000 each, and he reported owing more than $15,000 in student loans.

Totals

$674,000 minimum assets
$315,000 minimum liabilities

Asset list

Rank Asset Type Owner Minimum value
1 Allianz Annuity Investments Member $100,001
2 Los Angeles Police and Fire Investments Member $100,001
3 Midland National Universal Life Investments Member $100,001
4 Parcel of Land Real Estate Member $100,001
5 Prudential Investments Spouse $100,001
6 Rental Property Real Estate Member $100,001
7 Midland National Universal Life Investments Spouse $50,001
8 Federal National Mortgage Association (Fnma) Investments Member $15,001
9 US Savings Bond Investments Dependentchild $1,001
10 US Savings Bond Investments Dependentchild $1,001
11 Wells Fargo Bank Account Dependentchild $1,001
12 Allianz Whole Life Investments Dependentchild $1,001
13 Chase Bank Account Joint $1,001
14 Chase Bank Account Dependentchild $1,001
15 Allianz Whole Life Investments Dependentchild $1,001
16 Golden One Federal Credit Union Bank Account Member $1,001
17 Los Angeles Police Federal Credit Union Bank Account Joint $1,001

Liability list

Rank Creditor Type Owner Minimum value
1 Four Oaks Bank Mortgage Joint $100,001
2 GMAC Mortgage Joint $100,001
3 Paul Henry Henry (PHH) Mortgage Joint $100,001
4 Department of Education Student Loan Child $15,001

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.