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Pedro Pierluisi on Principles & Values

 

 


9th on list of "10 Poorest Members of Congress"

Members of the second-most-exclusive club in Congress don't reside in the poor house, but unlike the 50 richest members, the 10 "poorest" are seriously in debt.

Eight Democrats and two Republicans ranked at the bottom of the list of the 535 lawmakers in the House and Senate in our annual calculations for the 50 Richest project.

These public officials have significant assets and might actually be considered wealthy by some, but they have the smallest minimum net worths because they all hold massive debts and liabilities of at least $500,000, including obligations such as mortgages on multiple homes, overdue taxes and legal fees.

9th Poorest: Pedro R. Pierluisi: -$674,000

The resident commissioner for Puerto Rico's wife's consulting firm is listed as an asset worth at least $1 million, but some multimillion-dollar mortgages on his San Juan homes drops Pierluisi's net worth into negative territory.

Source: Jay Hunter on Rollcall.com, "10 Poorest Members of Congress" , Sep 20, 2013

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