Miami-Dade's Richest State Senator Is Gwen Margolis as Senators' Wealth Rises by 7 Percent

Keep New Times Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Miami and help keep the future of New Times free.

Gwen Margolis, an 80-year-old Democrat and longtime political veteran, is Miami-Dade's richest state senator, according to data recently released by FloridaWatchdog.org. For her 2013 filing, Margolis, who represents the state's 35th district, which encompasses much of the eastern part of the county, including Key Biscayne and Miami Beach, reported a net worth of $5,624,729 -- nearly $5 million more than the county's next richest state senator, Miguel Diaz de la Portilla, whose net worth was $863,756.

But Margolis' wealth is also paltry compared to her richest senate colleague: Don Gaetz, a republican state senator from the first district, in the Panhandle, reported a massive $26 million net worth.

Anitere Flores, another Miami-Dade state senator, reported a net worth of nearly $400,000, but the county's remaining state senators have bank accounts that are actually decidedly middle class: Rene Garcia reported $65,000, Dwight Bullard reported $54,900, and Oscar Braynon II reported $89,316.

Big picture, the watchdog found that Florida's senators are getting richer -- quickly. The body's net worth rose 18 percent since 2011 and a healthy 7.1 percent just since last year. Margolis' net worth rose near that average, by about 7 percent, while Dwight Bullard had quite a 2014 at the bank; his net worth jumped 115 percent (though, granted, he came in at just $25,500 last year).

The watchdog hasn't yet published this year's report on state representatives, but last year's tally showed that Miami-Dade's richest local representative is Michael Bileca, a Republican and dentistry businessman. Bileca's net worth was $14.2 million for the 2013 disclosure -- the richest of any state house member.

Here's the entire report of state senators' wealth:

FL Senators Net Worth2 Sheet1

Follow Miami New Times on Facebook.

Keep Miami New Times Free... Since we started Miami New Times, it has been defined as the free, independent voice of Miami, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Miami with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.


Join the New Times community and help support independent local journalism in Miami.


Join the New Times community and help support independent local journalism in Miami.