#EDDIE MURPHY NET WORTH FORBES 2012 FULL#

Even though they weren't required to do so, some filers did list the value of their personal residences when they did, we included the information in our totals and detailed listings. Mortgages reported on properties that were not listed as assets were excluded from the wealth calculations, but are displayed on our profiles of the corresponding officials. The STOCK Act requires that the terms of all mortgages, including those on non-income producing personal residences, be disclosed. Note that the ethics law does not require filers to report property, including personal residences, that is not held for investment purposes and does not produce income. The disclosures required on the PFD include: This data affords constituents the ability to see the real increase (or decrease) of each member's net worth. The earliest average was then adjusted for inflation. OpenSecrets combines all assets and liability to form a total potential range of values, and then provides an average value as the best guess of each individual's net worth. For instance, if three assets are listed at a value range of $1,001-$15,000, the total range of assets would be listed as a minimum of $3,003 (3 X $1,001) and a maximum value would be $45,000 (3 X $15,000). gathers this information to build a range of potential values. This study includes figures for the 113th Congress' freshman members because despite their terms beginning in 2012 they were required to filed the PFD during their candidacy in 2011.Īs a starting point, congressional financial disclosure forms use value ranges, rather than precise amounts, when reporting assets and liabilities. This was set by the 'Ethics in Government Act of 1978.' Additionally, anyone who manages political campaign funds for a U.S. This requirement also extends to candidates for federal office, senior congressional staff, nominees for executive branch positions, Cabinet members, the president and vice president and Supreme Court justices. Members of the United States Congress and candidates for Congress are required to file an annual Personal Financial Disclosure ( PFD) on or before May 15 of every year.

#EDDIE MURPHY NET WORTH FORBES 2012 FULL#

When this is the case, it is expressed with a negative percent.įor the full set of data, please visit our Google spreadsheet here.Ĭongressional net worth See also: Household net worth (Member of Congress) Some incumbents experienced a net loss in net worth. Because many members have been in office for longer than the eight years this study illustrates, the real change in net worth each member sees after initially taking office may be higher than the numbers in this data. The data used to calculate changes in net worth may include changes resulting from assets gained through marriage, inheritance, changes in family estates and/or trusts, changes in family business ownership and many other variables unrelated to a member's behavior in Congress. The data also includes some former members, whose net worth would have been calculated at the end of their term in the 112th Congress. The change in net worth information has also been added to each of Ballotpedia's profiles of the 535 congressional incumbents. The tables and graphs on this page show some of the highlights of the study.

Researchers used data provided by to calculate the change in net worth of each congressional incumbent from either 2004 or the year he or she was first elected, if that year was after 2004.

Methodology and notes See also: Personal Gain Index (U.S. Compare the gains in net worth experienced by congressional incumbents with what happened to the net worth of the people they represent.įor more detailed information on the actual net worth of members of Congress, rather than the growth of their net worth, please see: Net worth of United States Senators and Representatives.

See which incumbents had the largest gains in net worth.

In this study, we look at changes in net worth during an incumbent's time in office. Congress have individually prospered during their tenure as public servants. The Personal Gain Index is a two-part study that examines the extent to which members of the U.S. This is the first part of the Personal Gain Index. Senators and Representatives during their time in office. This page is about changes in net worth of U.S. Congress saw a total increase of $316.5 million in assets held by all members in the study. The median American citizen saw his or her household net worth decrease from 2004 to 2012 by an annual rate of -0.94 percent, while members of Congress experienced a median annual increase of 1.55 percent. At the same time, 50 percent of Americans cannot afford to spend $5,000 in an emergency.

5 Congress compared to American citizensįor the first time in history, the majority of America's elected officials in Washington, D.C.

Eddie murphy net worth forbes 2012