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Tuesday, Sep 27, 2022

No. 24 , Darrell Issa

Estimated net worth: $140 million

Rep. Darrell Issa, R-Vista, has amassed a fortune as a business tycoon, making him one of the wealthiest members on Capitol Hill.

Issa founded Directed Electronics Inc., the Vista-based auto electronics manufacturer known for its car alarms.

Glen Busse, a former business associate who has known Issa for more than 20 years, speaks highly of the congressman.

“When things were moving and the business was growing, he really showed a knack for getting to the bottom of things and coming up with creative solutions,” Busse said.

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Issa ranks as the fifth-richest lawmaker on Capitol Hill with an estimated net worth of $140.86 million, according to Roll Call, a newspaper that covers the capitol. Issa is said to be the wealthiest Republican in the House.

His holding in Atlanta-based Greene Properties Inc. yielded him an income of $1 million to $5 million annually and Issa reported similar earnings from his investment in Phoenix-based DEI Professional Services LLC, of which he is a partner.

In November, Issa traveled abroad to various countries in the Middle East with Pete Hoekstra, chairman of the U.S. House Select Committee on Intelligence. The House members went to meet with government and military officials, according to a spokesperson for Issa.

A Web site that tracks congressional travel, www.opensecrets.org, reported some traveling tidbits about the Vista congressman.

In July 2005 through August 2006, Issa, known for being one of the “best-traveled members of the House Energy and Commerce Committee,” spent more taxpayer money on foreign trips compared to the committee’s chairman or two vice chairmen, according to a Los Angeles Times article.

Issa is best known for spending $1.7 million of his own fortune to kick-start the recall election of Gov. Gray Davis in 2003. He ran to replace Davis, but lost to Hollywood movie star Arnold Schwarzenegger.

Issa serves on the House Committee on International Relations, the House Judiciary Committee, U.S. Committee on Government Reform and the Permanent Select Committee on Intelligence.

, Amy Yarnall


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