- Despite Fattah Indictment, Don't Expect a Scramble for His Seat
- House Democrats Going Good Cop, Bad Cop Against GOP
- Tech Experts: Expect Innovation, Investment on Established Platforms for 2016
- The Software That Draws the Political Landscape
- More Democratic Losses Could Be on the Horizon
Eric Cantor’s Wealth Can Tide Him Over
Posted at 4:25 p.m. on June 13, 2014
Although Rep. Eric Cantor, R-Va., will leave his current job in January 2015, he won’t feel the pain of other unemployed people, since his family wealth will easily tide him over until his next job.
According to his personal financial wealth statement filed in May, and covering 2013, Cantor’s major family assets include: $1 million to $5 million in stock of Domino’s Pizza Inc. as well as $250,001 to $500,000 in stock options.; $1 million to $5 million in a note receivable for real estate development in Richmond Resources Ltd.; $500,001 to $1 million in a note receivable for commercial real estate with Richmond Resources Hickory Park LLC; $500,001 to $1 million in deferred stock units of Media General Inc.; $250,001 to $500,000 of stock in Qualcomm Inc.; $250,001 to $500,000 in Water Tower Associates LLC; $250,001 to $500,000 in SK Holdco LLC, a collision repair company; $250,001 to $500,000 in Thirteen Capital Associates; $250,001 to $500,000 in Bank of America bank accounts; as well as many other investment holdings.
Other large assets include $100,001 to $250,000 of restricted stock units of Universal Corporation; $100,001 to $250,000 of a Goldman Sachs Financial Square Money Market Fund; $100,001 to $250,000 of stock options in SK Holdco LLC; $100,001 to $250,000 in the Virginia Credit Union; $100,001 to $250,000 in the Virginia Retirement System Defined Benefit Plan; among many other assets.
In addition, Cantor’s spouse receives a salary from Alternative Investment Management LLC, and also received director’s fees from Domino’s Pizza Inc., Media General Inc., Universal Corporation, Service King Holdings, LLC, Revlon Inc., Knowledge Universe -US, and a trustee fee from the Virginia Retirement System.
His liabilities include a $500,001 to $1 million mortgage with Wells Fargo on a Glen Allen, Va., residence, and another $250,001 to $500,000 mortgage with Wells Fargo on a Arlington, Va., residence.
The Ethics in Government Act disclosure forms do not require the listing of one’s residences, or their current values.
Cantor’s report showed he has a March 2010 book publishing agreement with CMR LLC and Simon & Shuster.
View his May 2014 personal financial disclosure report.
To search detailed money-in-politics databases, visit Political MoneyLine.