WASHINGTON – Republican Sen. Lamar Alexander saw the value of his personal assets increase by at least several million dollars in 2013, according to a financial disclosure form released Friday.
Alexander and his wife, Honey, listed 63 assets worth between $9.3 million and $37.13 million, compared to the 2012 range of $6.67 million to $19.16 million.
Driving the increase was a big jump in the value of his stock in Custom Foods of Knoxville, which helps restaurants develop menu items.
Alexander's holdings in the company in 2012 were listed at between $1 million and $5 million. For 2013, they jumped to between $5 million and $25 million.
Honey Alexander also was listed as having more than a $1 million stake in Custom Foods.
Alexander's second-biggest asset continued to be $1 million to $5 million worth of commercial land and buildings in Knoxville.
He listed 2013 liabilities of $4.5 million to $18 million, compared to the previous year's $3.75 million to $16.5 million.
His biggest liabilities are three Bank of America mortgages valued at $1 million to $5 million apiece.
Members of Congress have to disclose assets and liabilities only in broad dollar ranges. They also don't have to list the value of their primary residence or automobiles.
As a senator, Alexander made the standard congressional salary of $174,000.
Alexander's opponent in the August Republican Primary, state Rep. Joe Carr of Lascassas, listed himself and his wife, Virginia, as earning $51,268 in 2013. The income came from two salaries, including one from the State of Tennessee, plus cattle sales and money earned by his wife as a private tutor.
Carr also listed assets of $31,000 to $116,000, including an individual retirement account and three bank accounts.
Carr's only liability was a $500,000 to $1 million mortgage from Farm Credit Services.
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