Klobuchar remains middle-class in millionaire Senate
WASHINGTON - The U.S. Senate is often called a millionaires club because so many of its members have net worths in the seven, eight and nine digits. Not DFL Sen. Amy Klobuchar.
According to the latest financial disclosure records filed yesterday, Minnesota's senior Senator's finances resemble the rest of the state's congressional delegation (at least those who have filed, Sen. Al Franken and Reps. Michele Bachmann and Chip Cravaack received extensions).
Klobuchar's net worth ranges between $194,000 and $454,000 and she reports no outstanding debt. Those figures do not include Klobuchar's personal house and mortgage, nor any cars or auto loans she might have.
Almost all of the money is invested in an array of retirement and college savings accounts.
Her net worth is up between 12 and 16 percent over last year's disclosure, when Klobuchar reported holdings between $173,000 and $390,000. By comparison, the S&P 500 stock index rose 12.6 percent in the same period.
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