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Archive for February 13th, 2010

Will Mort join Mike and Meg in billionaire politics?

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John Kerry, a Massachusetts Democrat, is the richest member of the club known as the United States Senate with a personal fortune estimated at $167 million. But if Mortimer B. Zuckerman has his way, Kerry will be number two — by many, many hundreds of millions of dollars.

In fact, if New York real-estate mogul and media kingpin Zuckerman becomes a U.S. senator, his own wealth would be almost four times the 2008 net worth of all U.S. senators — about $650 million.

Zuckerman, who owns The New York Daily News and U.S. News & World Report, is worth about $2 billion, according to The New York Times. And in a story Friday based largely on “two people told of the discussions,” The Times says Zuckerman is considering taking on lightweight Democrat Kirsten E. Gillibrand, current occupant of that Senate seat. A former Tennessee congressman, Harold E. Ford Jr., is also taking aim at Gillibrand.

So — does the U.S. Senate need a 72-year-old billionaire driving up the age of an already elderly Senate? The Congressional Research Service reports that the average age of senators, a little more than 63 years old, at the beginning of 2009 was among the highest ever.
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Written by Dr. Denny Wilkins

February 13, 2010 at 3:56 pm

Posted in Uncategorized