Richard Corcoran’s net worth drops 27 percent
Speaker of the House Rep. Richard Corcoran, R-Land O' Lakes, bangs the gavel down from the rostrum on the House floor Friday, April 28, 2017 at the Capitol in Tallahassee, Fla. (Photo by Phil Sears)

Legislature 45 ps 042817

House Speaker Richard Corcoran‘s net worth has fallen by more than 27 percent from last year, according to his latest financial disclosure.

His annual filing for 2016 was posted Wednesday on the Florida Commission on Ethics website.

Corcoran, an attorney and father of six children, reported a net worth of $341,750 as of Dec. 31, 2016—nearly $129,000 less than his 2015 reported worth of $470,640.

As assets for this year’s report, he listed his Land O’ Lakes residence, valued at roughly $500,000, and his house in Tallahassee, worth $365,000. He has $75,000 worth of unitemized “household goods and personal effects.”

Other assets include $40,000 in retirement savings and almost $5,000 in personal checking and savings.

He claimed $175,000 in income last year from the Broad and Cassel law firm, where he works “of counsel” as a commercial litigator, and $29,300 as a state lawmaker, his report says.

Corcoran, first elected in 2010, listed total liabilities of $643,608 to his hometown Regions Bank, which appear to be mortgages on both houses.

Jim Rosica

Jim Rosica is the Tallahassee-based Senior Editor for Florida Politics. He previously was the Tampa Tribune’s statehouse reporter. Before that, he covered three legislative sessions in Florida for The Associated Press. Jim graduated from law school in 2009 after spending nearly a decade covering courts for the Tallahassee Democrat, including reporting on the 2000 presidential recount. He can be reached at [email protected].


2 comments

  • Nancy Argenziano

    July 5, 2017 at 2:56 pm

    The filing he has to do is total BS. Anyone can usurp the intent. If you go to one of my last filings, I included a sheet of paper which explained how easy it would be to fake anything on that filing. It should still be in the file as it is public record. I had hoped one day someone would see it and understand the filing is total garbage. So easy to elude the intent. He has lost nothing. How many Speakers have ever lost? Do not be gullible. He is preparing for. Higher office and wants to say what a great public servant he was by losing money to work for the people. It’s smoke and mirrors people.

    • Brad

      July 6, 2017 at 11:52 pm

      Corcoran has a servants
      Heart and will strive to
      See a balanced path forward
      Slandering a courageous leader is small minded.
      “Grow up ” to those who do not see his sacrifice .

Comments are closed.


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