WASHINGTON – Rep. Porter Goss (search), tapped by President Bush on Tuesday to become the next director of the Central Intelligence Agency (search), is one of Congress' millionaires, with a wide array of holdings in stocks and real estate.
Goss, R-Fla., reported assets worth between $6 million and $24 million last year, according to a personal financial disclosure form he filed with the House in June. The required annual report calls for the value of holdings to be described in broad ranges, not precise amounts.
Of the 44 holdings he reported owning individually or jointly, his biggest included $1 million to $5 million worth of shares each in IBM Corp., Wal-Mart Stores Inc. and General Electric Co.
Goss also listed joint ownership of Retreat Farm Produce LLC, a farm in Rapidan, Va., worth $1 million to $5 million. He reported undeveloped real estate on Fishers Island, N.Y., valued at $500,000 to $1 million.
Besides those holdings, 134 others worth millions more were listed in the name of his wife, Mariel.
The value of Goss' property far exceeds the $154,700 he is earning this year as a lawmaker. Goss, a 16-year House veteran, planned to retire from Congress in January.
The CIA director's salary is $158,100.
Goss, a former CIA operative, lives in the southwest Florida resort community of Sanibel.