Well, the majority of her wealth is derived from her husband. Her lifetime total is $671,142. Just last week, Trump ally Rep. Matt Gaetz (R-FL) accused Loeffler of dangling $50 million for the president’s re-election, but only if he helped get Rep. Doug Collins (R-GA) out of the primary race for her seat. The purchase at that time was reported to be the most expensive home sale on record in the city. [25] U.S. Representative Doug Collins, a Republican who represents Georgia's 9th congressional district and gained attention as Ranking Member of the House Judiciary Committee, placed third and was eliminated. A son, Collin Loeffler, also has received $16,454 in subsidies, starting in 2013. Loeffler and her spouse, Sprecher has been married for nearly 16 years as of 2020. On December 4, 2019, Georgia Governor Brian Kempselected L… She doesn’t have even a single glass eye. senator.

Kelly, as the junior U.S senator, earns an annual salary of $174,000. The nature of the farm subsidy program itself hardly aligns with Loeffler’s election campaign promotion of herself as “more conservative than Attila the Hun.”.

Sludge is re-publishing this article.

Loeffler was born on November 27, 1970, in Illinois, USA. (Don Loeffler is in second place.). They live in a 15,000-square-foot estate in Atlanta. However, Forbes estimates that Kelly and her husband, Jeff, could be worth more than $1 Billion. Kelly Loeffler has a net worth of $500 million as per a newspaper and website publication called Roll Call. Are Crypto Credit Cards Next? A bill introduced by Rep. Chris Jacobs' (R-N.Y.)—his first since joining Congress in July—would shield real estate owners from liability for workplace injuries. Brian and Mary Angela (Molly) Loeffler, Kelly’s brother and sister-in-law, have also received farm subsidies, as part of the family business. [42] On April 8, The Wall Street Journal reported that Loeffler and Sprecher would be selling individual stocks in an effort "to move beyond the distraction" caused by trades they made before and during the market decline caused by the novel coronavirus. Voters approved a measure from state Republicans that reverses redistricting reforms passed on the ballot on 2018 while also making virtually meaningless tweaks to lobbying and campaign finance laws.

A significant share of that, $770,242, has come since 2018, as a result of farm bailout funds that President Trump has offered to compensate for the trade war with China and the pandemic. Do you know, Loeffler is currently the wealthiest member of the United States Congress? The bill would not affect the families of members of Congress, like the Loefflers. A Republican-linked nonprofit was a top donor to House Republicans' super PAC, which spent big in a number of swing races that saw the GOP retake seats lost to Democrats in 2018. Senator Kelly Loeffler, a proud hater of communism who has been accused of profiting off of the covid-19 pandemic, has a portrait of Chinese Communist leader … Kelly Loeffler is an American politician who became the junior United States Senator of Georgia in January 2020. “They are designed to send most money to those with most acres and most crops,” says Anne Schechinger, a senior economic analyst with the EWG. For a senator who routinely decries “taxpayer dollars” going out in the form of subsidies and transfers, it’s not the best look. While she’s not obligated to personally bail out her family, her public policy posture of calling for reducing $600 a week payments to unemployed workers, so they can “get back to work and limit government dependency,” is a tough fit with the millions in government welfare flowing to her family members. [12], In 2010, Loeffler bought a minority stake in the Atlanta Dream of the Women's National Basketball Association (WNBA). [14], According to the nonpartisan Center for Responsive Politics, Loeffler and her husband, Jeffrey Sprecher, have donated $3.2 million to political committees. In addition, the Loefflers received $17,560 in CFAP payments through June 30 of this year. His age is undisclosed. [41] On April 1, it was reported that Loeffler and Sprecher had sold at least $18.7 million in Intercontinental Exchange stock before the 2020 stock market crash. [44], Loeffler describes herself as a conservative Republican. Kelly Lynn Loeffler was born on November 27, 1970, in Bloomington, Illinois, the United States. Despite that, Don continued to receive subsidies through federal conservation programs in subsequent years, totaling close to $6,000. [39][40], On March 20, 2020, the government watchdog group Common Cause filed complaints with the Justice Department, the Securities and Exchange Commission and the Senate Ethics Committee for possible violations of the STOCK Act and insider trading laws in the matter of stock sales by Loeffler and two other Republican senators, Richard Burr and James Inhofe, along with Democratic senator Dianne Feinstein.

Loeffler's candidacy is backed by the National Republican Senatorial Committee (NRSC), the Senate Republicans' campaign arm, as well as several senior Senate Republicans. Kelly and Jeff also has been recognized for their leadership and community services. "[48], Loeffler opposes abortion and has said she will vote for anti-abortion legislation. [3], In 1992, Loeffler graduated with a Bachelor of Science in marketing from the University of Illinois at Urbana–Champaign's Gies College of Business, where she was a member of the Alpha Gamma Delta sorority. But the Club for Growth, a 501(c)(3) dark-money organization that is backing Loeffler in her special election, attacked her opponent Doug Collins in an ad for voting to “waste billions in welfare boondoggles.” The legislation it was referring to was the farm bill that passed in 2018. For a limited time, NewsMatch is doubling donations. Georgia conservative activist Debbie Dooley called her a “country club Republican” in an interview with Breitbart News. An EWG study in 2017 found that 33 members of Congress received farm subsidies between 1995 and 2016, totaling at least $15.3 million. As mentioned earlier, Jeff is chairman of the New York Stock Exchange. “There’s a lot of question if farmers even need this money,” she says. STOCK Act 2.0: New Bill Would Shed Light on Congress’ Stock Trades, STOCK TICKER: A Critic of Trump’s Postal Policies, Wyden Stands to Benefit from Privatization, Congressional Leaders Are Raising More Dark Money Than Ever Through Their Super PACs, EXPOSED: Reps Pass Bills That Benefit Their Own Private Companies. [46] As of July 2020, Loeffler has voted in line with Trump's stated position on legislative issues 100% of the time, according to FiveThirtyEight. Jeff bought an electronic energy trading company Continental Power Exchange for $1 in 1996.

Therefore, Kelly and her spouse, without a doubt, live a lavish lifestyle. [34][35][36], Loeffler serves on the following committees:[37], On March 19, 2020, the public release of federal financial disclosure documents showed that Loeffler and her husband, chairman and CEO of International Exchange, the corporation that owns the New York Stock Exchange, Jeffrey Sprecher, had sold stock in companies vulnerable to the COVID-19 pandemic with an aggregate value of several million dollars. There's a political organization called Black Lives Matter that I think is very important to make the distinction between their aim and where we are as a country at this moment. Additionally, the couple’s purchase of a lavish estate in Atlanta’s Buckhead area was the most expensive real estate transaction ever completed in the city. On December 4, 2019, Georgia Governor Brian Kemp selected Loeffler as the successor to Senator Johnny Isakson, who resigned at the end of 2019 for health reasons. In her bid for reelection, Loeffler finished second in the 2020 Georgia U.S. Senate election, and thus will advance to a January 2021 runoff election, opposite Democrat Raphael Warnock. Schechinger, of the EWG, questions the utility of CFAP payments at this point, with exports back to near normal levels. "[33], During the 2020 campaign, Loeffler touted that she had been endorsed by Marjorie Taylor Greene, a controversial candidate who had a history of racist commentary and promotion of conspiracy theories. In November 2019, Loeffler applied to succeed incumbent Senator Johnny Isakson, who had resigned from the United States Senate, effective December 31, for health reasons. All candidates will be on the ballot in the Georgia Senate special election in November, and the top two will proceed to a runoff on January 5, 2021. [45] She supports the reelection of President Donald Trump. In 2009, Jeff and Kelly purchased a15,000-square-foot mansion in Buckland, Atlanta, for $10.5 million. [8], In 2002, Loeffler joined Intercontinental Exchange, a commodity and financial service provider, in investor relations. "[28] She opposed the WNBA's plans to honor the movement and said that honoring Black Lives Matter "undermines the potential of the sport and sends a message of exclusion" and that the organization has advocated "defunding and abolishing the police, abolishing our military, emptying our prisons, destroying the nuclear family. Brian is by all accounts a successful farmer; last year he won a McLean County (Illinois) Chamber of Commerce Agriculture Award for “farmer of the year.” But the trade war with China, and later the pandemic, created difficulties, particularly for corn and soybean farmers. [24] She is the first female senator in 97 years to represent Georgia in the Senate and first Republican woman to do so.

Sen. Kelly Loeffler (R-GA), the richest person in Congress, likes to talk about her hardscrabble origins. She is a Republican and is running in the special Senate election, which will take place in late 2020. And money from farm subsidies typically flows to the biggest farms. The nonprofit collects records from the U.S. Department of Agriculture through Freedom of Information Act requests and posts them to the database—because the government won’t. There is no indication that Loeffler has personally received farm subsidies, though examples of extended family members who don’t work in farming getting farm payments are common. Despite allies of Loeffler slamming her conservative opponent Collins for supporting the farm bill that provides such subsidies to farmers, five of her family members have received more than $3.2 million in federal benefits since 1995. A co-owner of the WNBA's team, Atlanta Dream, Kelly previously worked as the CEO of Bakkt, a subsidiary company of Intercontinental Exchange. As of 2020, Kelly and her husband's combined net worth is over $1 Billion. As a senator, Kelly Loeffler has been calling for a “fair playing field” for farmers in Georgia. Her eyes look pretty normal to me as well as nobody has reported it to be of glass ever. The 49-year-old, Loeffler, is a married woman. "[29] Her comments led some WNBA players to call for her removal from ownership. We can’t do this work without your support. ", "Mary Brock And Kelly Loeffler: Running The WNBA's Atlanta Dream", "How politics transformed Kelly Loeffler from hoops junkie to WNBA villain", "Georgia's Kelly Loeffler and her husband have donated to Republican and Democrat candidates", "GOP Senate appointee Kelly Loeffler has extensive history of giving to Republicans – and a few Democrats", "Sen. Loeffler's husband cuts $1 million check to pro-Trump super PAC", "Kelly Loeffler's Husband Pours $1 Million Into Pro-Trump Super PAC", "In secretive trip, Georgia governor tried to sell Trump on Senate pick", "Georgia gov expected to tap finance exec to US Senate next week", "Kemp taps Kelly Loeffler, financial exec, to US Senate seat", "Vice President Pence will swear Kelly Loeffler into the Senate on Monday", "Loeffler will cut huge check for Georgia special election", "Georgia House bill would eliminate 'jungle primary' for Sen. Loeffler", "Collins launches Georgia Senate bid, setting up GOP clash", "Dream co-owner Kelly Loeffler critical of WNBA's Black Lives Matter initiative", "Senator and WNBA owner Kelly Loeffler fears for league's 'American values, "Loeffler opposes WNBA's plan to spread 'Black Lives Matter' message", "Players Call for WNBA to Remove Atlanta Dream Co-Owner Kelly Loeffler", "WNBA players wear shirts backing political opponent of Atlanta Dream co-owner Kelly Loeffler", "A WNBA owner dismissed player protests.