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Romney's So Rich It Surprised Even Him

With up to $247M, he's worth the other major candidates combined

By Caroline Zimmerman,  Newser User

Posted Aug 13, 2007 5:11 PM CDT
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(Newser) – Mitt Romney looks to be richer than the other presidential candidates combined, Bloomberg reports. In a filing today with the Federal Election Commission, the GOP contender today revealed that he and his wife jointly own assets worth between $190 and $270 million. Since their assets have been in a blind trust since 2003, the former VC says the numbers came as a surprise to him, too. 

Romney has already lent $8.9 million to his $12-million campaign. "More than any other candidate, he has a safety net he can rely on in terms of personal wealth," said one expert. Meanwhile, Giuliani counts $70 million to his name. Hillary is worth $51 million; Obama, a piddling $1.1 million.

Mitt Romney, seen here campaigning in Iowa, may be worth up to $247 Million, which may make him the wealthiest of the 2008 contenders.
Mitt Romney, seen here campaigning in Iowa, may be worth up to $247 Million, which may make him the wealthiest of the 2008 contenders.   (Getty Images (by Event))
Republican Presidential hopeful, former Mass. Gov. Mitt Romney (in personalized apron) serves drinks while working in the Iowa Pork Producers tent, Friday, Aug. 10, 2007, at the Iowa State Fair in Des Moines, Iowa. Documents disclosed to the Federal Election Commission today estimate Romney's worth at almost $250 million (AP...
Republican Presidential hopeful, former Mass. Gov. Mitt Romney (in personalized apron) serves drinks while working in the Iowa Pork Producers tent, Friday, Aug. 10, 2007, at the Iowa State Fair in Des...   (Associated Press)
Republican presidential hopeful former Massachusetts Gov. Mitt Romney smiles as he speaks to supporters after being declared the winner of the Iowa Straw Poll, Saturday, Aug. 11, 2007, in Ames, Iowa. (AP Photo/Charlie Neibergall)
Republican presidential hopeful former Massachusetts Gov. Mitt Romney smiles as he speaks to supporters after being declared the winner of the Iowa Straw Poll, Saturday, Aug. 11, 2007, in Ames, Iowa....   (Associated Press)
Republican Presidential hopeful, former Mass. Gov. Mitt Romney, right, talks with Jeff Mullen, of Atlanta, Ga., left, while working in the Iowa Pork Producers tent, Friday, Aug. 10, 2007, at the Iowa State Fair in Des Moines, Iowa. The would-be waiter is estimated to be the wealthiest of the current...
Republican Presidential hopeful, former Mass. Gov. Mitt Romney, right, talks with Jeff Mullen, of Atlanta, Ga., left, while working in the Iowa Pork Producers tent, Friday, Aug. 10, 2007, at the Iowa...   (Associated Press)
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US • Money • Politics

 
Mitt Romney • money • asset management • Republican presidential primaries • Election 2008 • presidential election

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