Florida lawmakers’ personal wealth keeps growing
By Marianela Toledo | Florida Watchdog
MIAMI — For some Florida legislators, politics is more profitable
than business. Especially if you serve on the governor’s cabinet.
Financial statements filed with the Florida Ethics Commission shows
some politicians grew their personal wealth substantially last year.
Members of the governor’s cabinet increased their wealth by an average
of 51 percent.
But not everyone in the Florida state government is getting richer. For example, state Sen. Thad Altman, R-Melbourne, lost 10 percent of his wealth, reporting a net worth of $899,676 in 2013.
Where the growth comes from
The financial disclosures don’t explain how public officials raised
their personal wealth, but the growth likely isn’t related to their
salaries.