Senate Leaders Get Richer

The Hill reports:

The leaders of the Senate saw their personal wealth rise last year as the economy emerged from a recession.

The net worths of both Senate Majority Leader Harry Reid (D-Nev.) and Minority Leader Mitch McConnell grew in 2010, according to new disclosure forms.

McConnell reported a minimum net worth of $9.8 million, while Reid reported wealth of at least $3.4 million.

Financial disclosure reports for lawmakers for both the House and the Senate were released Wednesday, giving value ranges for their assets and liabilities. The forms give a good estimate of lawmaker wealth, though they show ranges rather than precise values for stocks, pension plans, vacation homes and other assets of lawmakers.

McConnell remains one of the wealthiest lawmakers on Capitol Hill, his disclosure form shows. His reported minimum net worth of more than $9.8 million in 2010 is an increase of close to 29 percent. In 2009, he was worth around $7.6 million.