Tuesday, June 17, 2003

Portman among Ohio's richest lawmakers

By Greg Wright
Gannett News Service

WASHINGTON - Ohio's delegation to Washington had net worth of at least $13 million last year, according to congressional financial disclosure reports.

Two of the wealthiest lawmakers from Ohio may be Rep. Rob Portman, R-Terrace Park, and Rep. Paul Gillmor, R-Old Fort. However, it is difficult to tell who was the richest in 2002 because reports list assets and debts in monetary ranges, not exact amounts.

Gillmor said he had $5.4 million to $26.4 million in assets and no debts of more than $10,000.

The bulk of his assets included $5 million to $25 million worth of stock in Gillmor Financial Services company in his hometown of Old Fort.

Portman reported a net worth of $3.15 million to $9.85 million last year, according to his financial report released Monday. This included $1 million to $5 million in stock in the family Portman Equipment Co.

Gillmor and Portman both could have a higher net worth than Ohio's two senators, George Voinovich, R-Cleveland, and Michael DeWine, R-Cedarville.

Voinovich reported a net worth of $354,000 to $1.26 million while DeWine said he was worth $1 million to $5.1 million. DeWine's top asset was DeWine Enterprises Inc., a personal holding company that includes a 1,158-acre farm and stock and bond investments.

At the other end of the scale, Tim Ryan, D-Warren; Dennis Kucinich, 56, D-Cleveland; and Rep. Bob Ney, R-St. Clairsville, reported they were in debt.

Net worth of Ohio lawmakers

The 535 members of the House and Senate earned a base salary of $150,000. Ohio lawmakers reported the following net worth in 2002:

1. Rep. Paul Gillmor, R-Old Fort: $5.4 million to $26.4 million

2. Rep. Rob Portman, R-Terrace Park: $3.15 million to $9.85 million

3. Rep. John Boehner, R-West Chester: $1.6 million to $3.4 million

4. Sen. Mike DeWine, R-Cedarville: $1 million to $5.1 million

5. Rep. David Hobson, R-Springfield: $500,000 to $4.9 million

6. Rep. Patrick Tiberi, R-Columbus: $435,012 to $1.1 million

7. Rep. Steve Chabot, R-Cincinnati: $434,000 to $1.2 million

8. Sen. George Voinovich, R-Cleveland: $354,039 to $1.26 million

9. Rep. Ralph Regula, R-Navarre: $265,005 to $650,000

10. Rep. Marcy Kaptur, D-Toledo: $219,016 to $635,000

11. Rep. Michael Oxley, R-Findlay: $190,167 to $271,164

12. Rep. Michael Turner, R-Dayton: $138,000 to $645,000

13. Rep. Deborah Pryce, R-Columbus: $100,009 to $325,000

14. Rep. Ted Strickland, D-Lucasville: $65,002 to $150,000

15. Rep. Sherrod Brown, D-Lorain: $57,015 to $330,000

16. Rep. Steven LaTourette, R-Madison: $15,000 to $50,000

17. Rep. Dennis Kucinich, D-Cleveland: -$12,996 to -$18,000

18. Rep. Tim Ryan, D-Warren: -$24,000 to -$50,000

19. Rep. Bob Ney, R-St. Clairsville: -29,999 to -$99,000

20. Rep. Stephanie Tubbs Jones, D-Cleveland. Not available. She plans to release her financial statement today.


GNS reporter Carl Weiser contributed

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