State Capital: Florida's millionaire lawmakers
The net worth of Florida's wealthiest senators and representatives
Sen. Eleanor Sobel
Sobel, 67, is married to Hollywood dermatologist Stuart Sobel and reportedly derives much of her wealth from her husband’s medical practice and a side business, Emrelle Skin Care Products, which she started with her husband. The majority of her wealth is in property and mutual funds. Her real estate holdings include a $2.5 million condo in Manhattan. She also lists an office condo valued at $650,000 and her Hollywood residence, which is worth $420,000. She lists mutual fund holdings worth more than $4 million.
Rep. Patrick Rooney Jr.
Rooney’s wealth stems from his family, who are majority owners and operators of the Pittsburgh Steelers. Rooney’s grandfather, Arthur J. Rooney, paid the NFL a franchise fee of $2,500 to bring the Pittsburgh Pirates (as they were then known) into the league, and the Rooney family has retained a controlling interest since. The family later got into the gambling business with investments in a New York horse racing track and a dog racing track (the Palm Beach Kennel Club) in West Palm Beach. The bulk of Rooney’s wealth is derived from interest in various trusts, including 100% interest (worth more than $3.74 million) in the Patrick J. Rooney Jr. 2011 Irrevocable Trust, which owns cash and 500 voting and 2,020 non-voting shares of Yonkers Racing Corp. He also listed 14.3% interest (worth more than $1.5 million) in the Patrick Rooney Sr. 2011 Delaware Trust, which owns cash, marketable securities and 9,175 voting and 9,175 non-voting shares of Rooney Enterprises, which owns the common stock of Pittsburgh Steelers Sports.
Rep. Irving Slosberg
Slosberg became wealthy importing handbags. He reports a $4.2-million holding in his Pompano Beach import company, Mediterranean Trading. Other major holdings include his $800,000 house in Boca Raton and various brokerage accounts valued at $760,587.
Rep. Bill Hager
Hager — a former insurance commissioner for Iowa and former president and CEO of NCCI, the nation’s largest workers’ compensation and health care informatics company — earned close to $550,000 from his reinsurance arbitration business last year. Hager, who was recently divorced, reported a 50% ownership in his Boca Raton residence, valued at $1.4 million. Other large assets include 50% of several IRAs, valued at $4.55 million, and 50% of several investment accounts containing a total of $4.95 million.
11 through 49
11. Sen. Charles Dean (R-Inverness)
$6,714,000 +40.6 from 2011
Retired sheriff, cattleman and consultant
12. Rep. Travis Hutson* (R-Elkton)
$6,689,629 Not available
Real estate agent
13. Sen. John Thrasher (R-St. Augustine)
$6,355,515 -3.5% from 2011