3. Scott Peters

$32.0 million minimum net worth

Peters (D-San Diego) was the third-richest member of California’s delegation.

His 2016 assets showed a large decrease because they no longer included a Vanguard investment fund held by his wife Lynn Gorguze. The form for 2015 listed the fund as worth at least $50 million. Aides to Peters said Friday the fund had been incorrectly tabulated in 2015, and actually was valued at a minimum of $1 million that year. The Times caught the error because his fund was no longer listed as an asset in 2016. Peters will be filing an amendment to the disclosure, his staff said.

A large chunk of his net worth came from Gorguze, who is chief executive of the private equity firm Cameron Holdings. Peters also had millions of dollars invested in municipal and state bonds around California and the U.S.

READ MORE: California’s members of Congress are worth at least $439 million >>

Totals

$32.1 million minimum assets
$60,000 minimum liabilities

Asset list

Rank Asset Type Owner Minimum value
1 San Francisco Ca Rev Bonds Investments Member $1,000,001
2 CA State Dept of Water Bonds Investments Member $1,000,001
3 Nevada Irrigation District Bonds Investments Member $1,000,001
4 Rancho Corte Madera, Inc Investments Member $1,000,001
5 Atlantic Trust Disc Eqty Investments Member $1,000,001
6 University of CA Rev Bonds Investments Member $1,000,001
7 Multi-Pack Solutions LLC Investments Spouse $1,000,000
8 iShares Core S&P Small-Cap ETF (IJR) Investments Spouse $1,000,000
9 Atlantic Trust Disc Eqty Investments Spouse $1,000,000
10 Ridgeworth Seix Float (Sambx) Investments Spouse $1,000,000
11 Vanguard Total Stock Market (VTI) Investments Spouse $1,000,000
12 Charles Schwab Cash Account Bank Account Spouse $1,000,000
13 US Treasury Bills Investments Spouse $1,000,000
14 iShares Russell 1000 Value ETF (IWD) Investments Spouse $1,000,000
15 Vulcan Value Partners Small Cap Fd Investments Spouse $1,000,000
16 Ishares Russell Growth (IWP) Investments Spouse $1,000,000
17 Angel Oak Multi Strategy (Angix) Investments Spouse $1,000,000
18 Ishares S&P 500 (IVV) Investments Spouse $1,000,000
19 Cameron Investment Corp Investments Member $1,000,000
20 At Mid Cap Eqty Fd Inst Investments Spouse $1,000,000
21 Tortoise Energy Infrastructure Corporation (TYG) Investments Spouse $1,000,000
22 San Diego County, CA Bonds Investments Member $500,001
23 Blue Water Pandero Investors LLC Investments Spouse $500,001
24 Butte-Glenn Muni Bonds Investments Member $500,001
25 Charles Schwab Cash Account Bank Account Member $500,001
26 Angel Oak Multi Strategy (Angix) Investments Member $500,001
27 Hillsborough County Sch Bonds Investments Member $500,001
28 iShares Russell 1000 Value ETF (IWD) Investments Member $500,001
29 Ishares TR Bond (CSJ) Investments Member $500,001
30 Los Angeles Unified Sch Dist Bonds Investments Member $500,001
31 Metropolitan Water District of Southern CA Bonds Investments Member $500,001
32 Poway, CA Unified Sch Dist Bonds Investments Member $500,001
33 Rand Capital Corporation, Common Stock (Rand) Investments Spouse $500,001
34 Ridgeworth Seix Float (Sambx) Investments Member $500,001
35 San Jose, CA Bonds Investments Member $500,001
36 Virginia State Bonds Investments Member $500,001
37 Washington State Bonds Investments Member $500,001
38 Ishares Russell Growth (IWP) Investments Member $250,001
39 Santa Clara Valley Var Bonds Investments Member $250,001
40 Sinclair & Rush Investments Spouse $250,001
41 iShares Core S&P Small-Cap ETF (IJR) Investments Member $250,001
42 Harris County TX Flood Bonds Investments Member $250,001
43 Vanguard Life Strategy Growth Fund (Vasgx) Investments Member $250,001
44 Ishares TR Bond (CSJ) Investments Spouse $250,001
45 Austin TX Water Bonds Investments Member $250,001
46 Retirement Advocate Moderate Fund Investments Member $250,001
47 Ishares S&P 500 (IVV) Investments Member $250,001
48 Schwab CA Muni Money Fund Investments Member $100,001
49 Vanguard Total Stock Market (VTI) Investments Member $100,001
50 WLR Recovery IV Investors LLC Investments Spouse $100,001
51 At Mid Cap Eqty Fd Inst Investments Member $100,001
52 Scholarshare Passive Age-Based Portfolio 18 & Over Investments Member $100,001
53 Bank of America Cash Account Bank Account Member $50,001
54 Winward Academy LLC Investments Member $15,001
55 Prudential High Yield Fund Investments Spouse $15,001
56 Vulcan Value Partners Small Cap Fd Investments Member $15,001
57 Madison Adams Investments LLC Investments Spouse $1,001
58 iShares Core S&P Mid-Cap ETF (IJH) Investments Member $1,001
59 Wells Fargo Managed Income Fund Investments Member $1,001

Liability list

Rank Creditor Type Owner Minimum value
1 Citibank Revolving Credit Debt Member $15,001
2 Bank of America Revolving Credit Debt Member $15,001
3 American Express Revolving Credit Debt Member $15,001
4 Wells Fargo Credit Card Revolving Credit Card Member $15,001

Credits: Christina Bellantoni, Christine Mai-Duc, Javier Panzar, Julie Westfall and Sarah Wire.

About this data: These are the assets disclosed for calendar years 2014-2016 compiled by Roll Call. They are ranked from largest to smallest. Financial disclosure rules allow lawmakers to report broad ranges of minimums for both assets and liabilities, starting at $1 to $1,000 and topping out at $50 million or higher, so it is impossible to offer precise figures. The minimum values shown are how Roll Call calculated the net worth for each member.

Roll Call assigns assets and liabilities into several categories. The disclosure forms indicate if the asset or liability is owned solely by the member, by the member’s spouse, by the member’s dependent(s) or jointly owned by the member and spouse. The names of the assets and liabilities appear as they were entered on the forms filed with the clerk of the House and the Senate Select Committee on Ethics.