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

Citrus industry squeezed if Congress doesn't help

“I'm cautiously optimistic, but we've been burned before,” Putnam said. U.S. Rep. Vern Buchanan, R-Fla., said Wednesday the Florida and Texas delegations have called the relief package “inadequate” in a letter to Trump administration. The citrus ...
Posted: December 13, 2017, 11:53 pm

Sen. Rubio, Colleagues Urge Agricultural Disaster Relief Before Christmas, Propose Bipartisan Framework

The letter was also signed by U.S. Senators John Cornyn (R-TX), Ted Cruz (R-TX), Bill Nelson (D-FL), and U.S. Representatives Michael Conaway (R-TX), Neal Dunn (R-FL), Tom Rooney (R-FL), Gus Bilirakis (R-FL), Vern Buchanan (R-FL), Kathy Castor (D-FL ...
Posted: December 15, 2017, 11:02 am

New VA ID applications halted amid system problems

Rep. Vern Buchanan, R-Fla. and the sponsor of the legislation which created the cards, said in a statement last week he hoped the new IDs “will make life a little bit easier for our veterans and serve as a constant reminder that our brave men and women ...
Posted: December 8, 2017, 7:23 am
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