Net Worth: $8.4 Million
- Source of Wealth Politician, Investments
- Nationality United States
About Shelley Berkley
Rep. Shelley Berkley topped $8 million in 2010, according to a report released in Congress.
The Democrat ranks as the wealthiest Nevada lawmaker, and among the wealthier members of the House, due in part to assets held by her husband, Dr. Larry Lehrner, a Las Vegas nephrologist.
Since they married in 1999, Berkley and Lehrner have invested as a couple in real estate, including two properties in Pahrump and two townhouses on Capitol Hill in Washington.
Apart from those, most assets are held in Lehrner’s name, including medical offices and dialysis units in Las Vegas, properties in Southern Nevada and extensive stock investments.
Berkley, who is running for U.S. Senate in 2012, reported assets valued at least $8.4 million, and possibly as high as $16.6 million, on an annual personal finance report she filed with the House in May 2011.
They also do not include the value of personal homes, autos or the lawmaker’s salary, which is $174,000.
Berkley’s largest investment is the Capitol Hill townhouse in which she lives when Congress is in session, assessed at $1.3 million according to online property records.
Berkley listed she and/or Lehrner owe between $1.3 million and $3 million for mortgages on nine properties.
BERKLEY, Shelley, a Representative from Nevada; born Rochelle Levine in New York, N.Y., January 20, 1951; graduated from Valley High School, Las Vegas, Nev.; B.A., University of Nevada, Las Vegas, 1972; J.D., University of San Diego Law School, San Diego, Calif., 1976; member of the Nevada state assembly, 1983-1985; member of the Nevada University and Community College System Board of Regents, 1990-1998; elected as a Democrat to the One Hundred Sixth and to the six succeeding Congresses (January 3, 1999-present).