The U.S. Capitol building in Washington, D.C.
The U.S. Capitol building in Washington, D.C. - 
Listen To The Story


STEVE CHIOTAKIS: We thought we'd test our knowledge of
international affairs once again, as we do every so often. And we're glad to bring in Stephan Richter, with this morning's Marketplace Globalist Quiz. Good morning, Stephan.

STEPHAN RICHTER: Good morning Steve. Are you ready for today's quiz?


RICHTER: Of the 535 members of the U.S. Congress, what's the share of millionaires? Is it A) less than 10 percent, B) close to half of all the members of Congress, or C) even two-thirds of the members of Congress.

CHIOTAKIS: I know they call the Senate the "millionaire's club." Well there's 100 of them right there. I would say half.


RICHTER: Half is a brilliant answer, but since you talked about the Senate, you should have gone for two-thirds are actually millionaires.

CHIOTAKIS: So Stephan, I'm curious about what's the comparison between how much the lawmakers make and the rest of us make in this country?

RICHTER: The median U.S. family has a net worth of about $120,000. For the average member of the U.S. House of Representatives, it's $666,000. So that goes to show that in terms of the representativeness of the U.S. Congress, there's a lot of rich people there and very few average folks.

CHIOTAKIS: Well I'm headed to Washington then. That's where the money is, Stephan.

RICHTER: That is probably truer than we all wish for.

CHIOTAKIS: And thanks for providing us with that insight, Stephan.

RICHTER: It was my pleasure, dollar for dollar.

CHIOTAKIS: Stephan Richter is publisher and editor-in-chief of The Globalist. To learn more about the global economy, politics and culture, visit

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.