{"id":276349,"date":"2026-05-19T09:47:19","date_gmt":"2026-05-19T09:47:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/276349\/"},"modified":"2026-05-19T09:47:19","modified_gmt":"2026-05-19T09:47:19","slug":"who-can-afford-to-run-florida-check-out-the-net-worth-of-our-state-lawmakers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/276349\/","title":{"rendered":"Who can afford to run Florida? Check out the net worth of our state lawmakers"},"content":{"rendered":"<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Florida lawmakers earn less than $30,000 a year in salary. But two of them self-report a net worth above $100 million (Representative Kevin Steele and Senator Ralph Massullo). According to Form 6 filings with the state of Florida, the top 10 highest net worths reach above half a billion dollars. Many have started businesses and gained wealth before becoming lawmakers.<\/p>\n<p>According to form 6 filings with the state of Florida, the top 10 highest net worths reach above a half a billion dollars. (Copyright 2026 by WKMG ClickOrlando &#8211; All rights reserved.)<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The men and women who set education policy, write tax law, and decide how to spend more than $100 billion in state revenue annually earn less than a starting school bus driver in most Florida counties and they have to take 15 weeks off from their regular jobs to do it.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\"><a href=\"https:\/\/www.orlandosentinel.com\/2026\/03\/27\/florida-legislature-salaries-part-time-full\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.orlandosentinel.com\/2026\/03\/27\/florida-legislature-salaries-part-time-full\/\">Orlando Sentinel columnist Scott Maxwell<\/a> has covered Florida politics for decades, and he says the math of who can actually afford that arrangement tells a revealing story about who ends up in Tallahassee.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cYou have to take off 15 weeks of work. And I don\u2019t know many normal people who can take off 15 weeks of work. So we have a lot of abnormal people running our state in Tallahassee. Most are independently wealthy,\u201d said Maxwell.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">Maxwell says the low salary isn\u2019t just a quirk, it\u2019s a filter. \u201cThere are those \u2014 and I would consider myself among them \u2014 who say we are getting what we pay for in the state of Florida with super low salaries for legislators.\u201d<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">At $29,697 per year, it would take a Florida lawmaker more than 5,000 years to accumulate the same net worth as the legislature\u2019s wealthiest member, Rep. Kevin Steele of Broward County, whose 2024 disclosure lists a net worth of $152,674,559.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">What about the wealthy lawmakers themselves? Why take a $29,000 job when you\u2019re worth $20 million or $50 million? Maxwell says the calculation isn\u2019t always about the paycheck.<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">\u201cThere are a lot of people who look at it as a short-term loss to make a long-term gain. Some of these guys go on to become lobbyists afterwards. A lot of them get appointed very lucrative jobs running universities. Right now, virtually every public university in the state is run by a former lawmaker who was making $29,000 for a few years \u2014 and now making $2 million as a university president.\u201d <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">On the other hand, News 6 also found seven lawmakers who report a negative net worth. This means their debt outweighs assets. <\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 bYFsJw cuqaEv article-text\">The data is sourced from the Florida Commission on Ethics\u2019 2024 Form 6 disclosure cycle. Search for your lawmaker below.<\/p>\n<p>Breaking News Alerts<\/p>\n<p class=\"dist__Box-sc-1fnzlkn-0 dist__TextBase-sc-1fnzlkn-3 kiwhtN\">More Stories Like This In Our Email Newsletter<\/p>\n<p>Copyright 2026 by WKMG ClickOrlando &#8211; All rights reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"Florida lawmakers earn less than $30,000 a year in salary. But two of them self-report a net worth&hellip;\n","protected":false},"author":2,"featured_media":276350,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[8184,28,30,8948,100,29,4215,117945,2161,8189,5623,21853,65531,117946,99,43751,117944],"class_list":["post-276349","post","type-post","status-publish","format-standard","has-post-thumbnail","category-florida","tag-election-2026","tag-florida","tag-florida-headlines","tag-florida-house-of-representatives","tag-florida-legislature","tag-florida-news","tag-florida-senate","tag-form-6","tag-government","tag-kevin-steele","tag-lawmakers","tag-legislators","tag-millionaires","tag-net-worth","tag-politics","tag-ralph-massullo","tag-scott-maxwell-orlando-sentinel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/276349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=276349"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/276349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/276350"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=276349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=276349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=276349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}