Vern Buchanan Net Worth is
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Vernon G. "Vern" Buchanan (born May 8, 1951) is a member of the United States House of Representatives. He has represented Florida's 16th congressional district since 2007. He is a member of the Republican Party. Rep. Buchanan is the only member from Florida on the House Ways and Means Committee, which has jurisdiction over tax policy, international trade, health care, and Social Security. Prior to serving in Congress, Buchanan was in business for over 30 years and was the chairman of both the Greater Sarasota Chamber of Commerce and the Florida State Chamber of Commerce. He served as member of the board and the executive committee of the United States Chamber of Commerce.


Buchanan grew up in Michigan, the son of a factory foreman in a family of six children. When he graduated from high school in 1969, he joined the Michigan Air National Guard, serving there for six years. Buchanan got a Bachelor's degree in Business Administration from Cleary University, in Michigan, and a Masters in Business Administration from the University of Detroit.
In June 2007, Buchanan, in his financial disclosure filing, reported having over $100 million in assets, making him among the five wealthiest members of Congress. Most of his wealth is from his automotive empire, which includes several dealerships in Florida. He also reported ownership interests in about fifty other businesses, including offshore reinsurance companies, and a charter-jet business. He reported receiving at least $19.5 million in income from these businesses in 2006.
In May 1976, Buchanan convinced the owner of a Michigan printing company that he could help the business grow. The two founded American Speedy Printing, which grew through franchising to more than 730 stores in 44 states. In 1989, a subsidiary of Merrill Lynch made Buchanan a $15.4 million loan, guaranteed by his ownership in the company. In 1992, the company filed for bankruptcy, three days after Buchanan resigned; at the time, he owned

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Vern Buchanan Latest News

New name and now open: All Abilities Play Space becomes a reality

JWAAPS2: Vern Wheatley, left, Angus Buchanan and Cheryl Jennings from Rotary, Nedlands Mayor Max Hipkins and Jo Wheatley at the official launch. JWAAPS3: The Jo Wheatley All Abilities Play Space is now open for business. JWAAPS4: Bella Hopewell ...
Posted: June 8, 2018, 7:27 pm

Buchanan, Roskam oppose House-approved CHIP funding cuts

U.S. Reps. Vern Buchanan (R-FL) and Peter Roskam (R-IL) were two of 19 Republicans who on June 8 voted against a White House proposal to cut $7 billion in federal aid for the national Children’s Health Insurance Program (CHIP). Nevertheless, the U.S ...
Posted: June 12, 2018, 2:07 pm

Teen convicted for murdering family in 2015

“My hope is that these convictions can bring about some sense of justice and closure for the family members of the victims,” said District Attorney, Vern Pierson. Buchanan was convicted of three counts of first-degree murder. Sentencing for the crimes ...
Posted: June 15, 2018, 5:13 am
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