The management of the assets has been widely criticized for the lack of disclosure tied to payment of massive fees to hedge funds. The younger has pledged to create a higher level of transparency as he manages the more than $7 billion dollar state pension system. Seth Magaziner is the General Treasurer of RI his father, Ira, is the vice chairman and chief executive officer of the Clinton Health Access Initiative and his mother, Suzanne, chairs the Board of Trinity Rep. Magaziner Family, State Treasurer, Clinton Foundation, Philanthropists The husband and wife team's combined wealth is estimated at between $150 million and $200 million. Back in 2006, Roll Call magazine ranked Chafee as the 9th richest member of Congress. They are good at comebacks and the Chafees are wealthy, and Stephanie's side of the family (Danforths) are in the 1% of the 1%. The Chafees stay in the rankings because of two factors. He had close ties to the Obama White House and left the office far less scathed than former Governors like Ed DiPrete or Don Carcieri. Make no mistake about it, Lincoln Chafee could have been a significant force in Rhode Island and national politics at the conclusion of his term as Governor. The fall in influence was driven by an embarrassing failed campaign for the Presidency that started poorly with a focus on the metric system and went downhill from there. No one fell more in the rankings over the past two years than the Chafees. Stephanie and Lincoln Chafee, Philanthropist and former Candidate for President
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