
1. Sen. John Kerry (D-Mass.)
$167.55 millionKerry once again ranks atop the 50 Richest Members of Congress, even as his financial disclosures show his reported holdings shrank by 28 percent in 2008.
The Massachusetts Senator reported a reduction of more than $64 million from his coffers, including the sale of a “Heinz Family Commingled Stock Fund” valued at $22.3 million in the previous year. Kerry also increased his debts to a total of $47.86 million with the addition of four new liabilities worth more than $1 million each.
Since the bulk of Kerry’s wealth is actually his wife’s money, he has dozens of assets listed as simply “over $1 million,” the category reserved for spouse assets. But even the lack of detail provides some hint of the losses: In 2007 Kerry reported more than 180 of these “over $1 million accounts”; in 2008 there were only about 130