ELECTIONS

Who are the richest Arizona members of Congress?

Bill Theobald
Republic Washington Bureau
Sen. John and Cindy McCain, shown here at Jack McCain's wedding, remain the wealthiest members of the Arizona congressional delegation

WASHINGTON — John and Cindy McCain are still wealthy, but not as much as the previous year. Several Arizona members of Congress and their challengers are still burdened with large student loans. And several Arizona congressional candidates have a negative net worth.

These nuggets of personal-financial information were gleaned from the annual reports covering 2015, recently made public, that members of Congress and those challenging them for office are required to submit.

The reports include listings of assets and liabilities, but provide only a range of values — not a precise amount. Also, some items, such as the personal residence, do not have to be listed.

The wealth reported on these forms is also used to rank members of Congress and provides a clue as to whether incumbents or candidates have the financial wherewithal to fund campaigns using some of their own money.

Roll Call, a Capitol Hill publication, ranks members of Congress each year by calculating their minimum net worth. The member's or challenger’s minimum total liabilities are subtracted from their minimum total assets.

Using that measure, McCain remains by far the wealthiest Arizona member of Congress, with assets ranging from $12.7 million to $24 million and a minimum net worth of $12.6 million. In 2014, McCain had a net worth of $15.2 million and was ranked the 24th wealthiest member of Congress.

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The McCains’ largest asset is Cindy's stock in Arizona beverage distributor Hensley Beverage Co., worth more than $1 million. Cindy McCain owed between $110,000 and $265,000 on two American Express revolving charge accounts that charged zero interest, according to the filing.

The next wealthiest is Rep. Trent Franks, with a net worth of $9.85 million. Franks’ net worth in 2014 was $11.1 million, and he ranked 40th in Congress. Most of his wealth is in Trinity Petroleum stock.

The wealthiest challenger is Christine Jones, the former GoDaddy executive vice president from Phoenix, who is running to replace Republican Rep. Matt Salmon, who is retiring from his 5th District seat. She had a net worth of at least $6.2 million last year.

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Nine candidates, including Reps. David Schweikert and Kyrsten Sinema, reported student loans among their liabilities. Schweikert, a Republican, and Democrat Sinema both reported $15,000 to $50,000 in outstanding student debt.

Here are summaries of what the financial-disclosure forms show:

U.S. Senate

Sen. Jeff Flake, R

Assets: $301,003 to $617,000.

Liabilities: $350,002 to $750,000.

Sen. John McCain, R

Assets: $12.7 million to $24.02 million.

Liabilities: $110,002 to $265,000.

Rep. Ann Kirkpatrick, D (Democratic candidate)

Assets: $751,015 to $1.7 million.

Liabilities: $280,003 to $600,000.

Alexander Meluskey, R (challenging McCain)

Assets: $1.75 million to $6.5 million.

Liabilities: $365,003 to $800,000.

Kelli Ward, R (challenging McCain)

Assets: $3.2 million to $12.8 million.

Liabilities: $555,005 to $1.2 million.

1st District

Paul Babeu, R (Republican candidate)

Assets: $231,003 to $616,000.

Liabilities: $250,003 to $600,000.

David Gowan, R (Republican candidate)

Assets: $17,003-$80,000.

Liabilities: $50,002 to $100,000.

Tom O’Halleran, D (Democratic candidate)

Assets: $776,009 to $1.1 million.

Liabilities: None.

Shawn Redd, R (Republican candidate)

Listed no assets or liabilities.

Wendy Rogers, R (Republican candidate)

Received an extension.

2nd District

Rep. Martha McSally, R

Assets: $326,003 to $1,042,000.

Liabilities: $200,002 to $500,000.

Matthew Heinz, D (Democratic candidate)

Assets: $518,006 to $1.1 million.

Liabilities: $560,003 to $1.1 million.

Victoria Steele, D (Democratic candidate)

Assets: None listed.

Liabilities: $20,000 to $30,000.

3rd District

Rep. Raul Grijalva, D

Received an extension.

4th District

Rep. Paul Gosar, R

Assets: $765,003 to $1.55 million.

Liabilities: $350,002 to $750,000.

Mikel Weisser, D (Democratic candidate)

Assets: $3,003 to $15,000.

Liabilities: $110,001 to $265,000.

Raymond Strauss, R (challenging Gosar)

Assets: $30,002 to $100,000.

Liabilities: None.

5th District

Andy Biggs, R (Republican candidate)​

Assets: $1.8 million to $6.7 million.

Liabilities: $215,003 to $550,000.

Christine Jones, R (Republican candidate)​

Assets: $6.2 million to $30.6 million.

Liabilities: None.

Don Stapley, R (Republican candidate)​

Assets: $1.02 million to $5.13 million.

Liabilities: $315,003 to $650,000.

Justin Olson, R (Republican candidate)​

Assets: $18,000 to $95,000.

Liabilities: $100,001 to $250,001.

6th District

Rep. David Schweikert, R

Assets: $1.33 million to $10.6 million.

Liabilities: $15,000 to $50,000.

John Williamson, D (Democratic candidate)

Assets: $2,003 to $31,000.

Liabilities: $15,001 to $50,000.

7th District

Rep. Ruben Gallego, D

Received an extension.

8th District

Rep. Trent Franks, R

Assets: $11.1 million to $55.3 million.

Liabilities: $1.25 million to $5.5 million.

9th District

Rep. Kyrsten Sinema, D

Assets: Undetermined value of Arizona state employee pension.

Liabilities: $15,001 to $50,000.

David Giles, R (Republican candidate)

Assets: $801,011 to $1.7 million.

Liabilities: $100,001 to $250,000.