Fact Check: Masto Could Swell Senate’s Millionaire Club

Catherine Cortez Masto / AP

Catherine Cortez Masto / AP

BY:

None of the three U.S. Senate candidates in Nevada is a millionaire, according to a recent USA Today article that went on to peg Democratic candidate Catherine Cortez Masto’s net worth at up to $1.88 million.

According to a Washington Free Beacon analysis, $1.88 million is greater than $1 million, and Masto could therefore swell the Senate’s millionaires club if she prevails in November.

That finding clashes with USA Today, which predicted in an article last week that the winner of the race to succeed Senate Minority Leader Harry Reid (D., Nev.) “will not enter the growing ranks of the Senate’s millionaires.”

However, USA Today also reported that Masto’s net worth is “between $740,000 and $1.88 million, according to her [personal financial disclosure] filing last May.”

The article called Masto’s six-to-seven figure net worth “relatively modest personal wealth.”

According to her financial disclosure forms, two of Masto’s Las Vegas real estate holdings alone are worth up to $1 million.

USA Today reports that Masto and her husband, a former Secret Service agent who provides security for medical marijuana dispensaries, also own a home in Reno worth $485,000. That property was not listed on her financial disclosure filing.

Masto is expected to face Rep. Joe Heck (R., Nev.) in the contest for the Senate seat to be vacated by the retiring Reid.

Lachlan Markay   Email | Full Bio | RSS
Lachlan Markay is a staff writer for the Washington Free Beacon. He comes to the Beacon from the Heritage Foundation, where he was the conservative think tank's first investigative reporter. He graduated from Hamilton College in 2009, and currently lives in Washington, D.C. His Twitter handle is @lachlan. His email address is markay@freebeacon.com.

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