Georgia has several millionaires in Congress -, South Georgia News, Weather, Sports

Georgia has several millionaires in Congress

June 15, 2007

WASHINGTON (AP) - Senator Johnny Isakson of Georgia is most certainly a millionaire. By just how much is not clear.

According to his personal financial disclosure recently released, the Republican from Marietta who made his fortune in real estate had at least $8 million in assets in 2006. Those assets could be worth as much as $18 million, but their precise value is hard to determine because Washington lawmakers are required only to report broad ranges of value.

For example, Isakson's largest holding was a 12-acre plot of land in the mountains of northeast Georgia. Checking a box on the disclosure form, he listed its value as between one million and five million dollars.

Isakson's wealth far exceeds that of the state's senior senator, Republican Saxby Chambliss of Moultrie. Chambliss reported assets totaling between $200,000 and $430,000 -- mostly in stock.

 But Isakson isn't the only millionaire in the state's congressional delegation. Republican Representatives Tom Price -- a former doctor from Roswell -- and Lynn Westmoreland, of Grantville, both reported that they and their wives have millions of dollars in assets.

Several Georgia lawmakers received extensions and had not yet filed their reports.


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