Sen. John Kerry, Small Business Committee ranking Democrat
Party and state: D-Mass.
Earned Income: $138,375
Honoraria, All Donated to Charity: none
Major Assets: $2.1 million-$10.1 million.
Major Sources of Unearned Income: Kerry reported an escrow account worth $1 million-$5 million. He also reported a painting, also worth $1 million-$5 million, held jointly as an investment with his wife, Teresa Heinz.
Major Liabilities: $75,003-$165,000 in a credit line and loans from Yale and Brown universities, where his daughters attend school.
Kerry earned $4,775 from royalties and signings of his book on global crime organizations, ``The New War,'' published last year. The vast majority of assets disclosed by Kerry were owned solely by Mrs. Heinz, heiress to the Heinz food fortune, whose net worth was estimated last year by Forbes magazine at $550 million. Kerry took eight trips last year at the expense of private or political groups, including three book tours paid for by Simon & Schuster, the publishing house. The World Economic Conference covered Kerry's airfare for a four-day trip to Davos, Switzerland, to participate in the conference.
Information compiled by the Associated Press from financial disclosure forms filed June 12, 1998. For profiles of other House and Senate leaders, see full list.
© Copyright 1998 The Associated Press