Minimum net worth: $21.18 million
Change from last year: +15.9%
Corker added $1 million in new debts in 2010, but he still managed to boost his bottom line by almost $3 million.
The Tennessean’s wealth is largely concentrated in real estate, including a Maryville, Tenn., shopping center and Chattanooga, Tenn., office buildings, both valued at $5 million to $25 million. His two dependent children also owned shares in his office building partnership, each valued at “over $1 million.”
Corker also added a new investment in a Dow Jones Industrial Average index fund, valued at $5 million to $25 million.
But the Senator also dropped two loans worth a minimum of $1 million to the Julia Corker and Emily Corker trusts. He had listed both as assets.
Corker continued to hold promissory notes from his dependent children to himself, each valued simply at “over $1 million.”
Corker also added new debt of at least $1 million, listing two margin loans held by his dependent children worth $500,000 to $1 million each.
Published with permission from CQ Roll Call.