Wisconsin's richest U.S. House member, Sensenbrenner, loses one-fifth of his net worth
Wisconsin's richest member of the U.S. House lost more than 20 percent of his net worth in the last year.
Menomonee Falls Republican Jim Sensenbrenner was worth $8.9 million on March 31. He lost almost $2.5 million in the past 12 months, mainly due to declines in the stock market.
Sensenbrenner, an heir to the Kimberly-Clark fortune, puts a detailed record of his assets and liabilities in the Congressional Record.
He says he believes in full disclosure. But members are only required to list broad ranges for their total annual income and net worth.
While the Milwaukee Journal Sentinel gets a little more detail from Wisconsin's delegation, only Senate Democrat Russ Feingold and House Democrat Tammy Baldwin of Madison supplied all the information the paper asked for.
Feingold is worth $386,000, one of the lowest among Wisconsin's Capitol Hill lawmakers.
Reps. Gwen Moore, D-Milwaukee and David Obey, D-Wausau, also reported assets in the low six-figure ranges.
Baldwin's net worth is around $1.1 million, down from $1.4 million last year.
Fond du Lac House Republican Tom Petri is worth around $8 million.
Senate Democrat Herb Kohl, one of the richest members of Congress, is estimated to own assets of around $110 million. His annual income fell from $11.8 million to $4.9 million during the year ending in March.