Democrats may be right to be concerned that a Caroline Kennedy Senate appointment would make them look elitist, reports the New York Daily News in an analysis of public records that pegs the Kennedy scion's worth at a $100 million minimum. Though her financial records are held tightly, she’s sitting on a heap of inherited money and property, including a 366-acre Martha’s Vineyard spread, described by a realtor as “breathtaking” and worth $50 million to $75 million.
Among Kennedy's holdings:
- Her father's share of Joseph Kennedy's undisclosed fortune, millions in real estate, gas, and oil. Caroline collected $38 million in 1998 from the family's sale of Chicago's Merchandise Mart.
- At her death in 1994, Jackie Kennedy left Caroline and brother John an estate valued at $43.7 million; the sale of her belongings brought another $40 million at auction.
- John Kennedy Jr left the majority of his $50 million estate to Caroline and her three children at his death in 1999.