Romney wealth valued up to $250 million
August 12th, 2011
07:27 PM ET
3 years ago

Romney wealth valued up to $250 million

(CNN) - The turbulent financial climate of recent years has not had a noticeable impact on Republican presidential candidate Mitt Romney’s own wallet, according to personal financial information released Friday by his campaign.

The GOP frontrunner owns assets totaling $190 million to $250 million in value, according to a Romney campaign estimate. It is the identical amount his campaign provided four years ago in estimating the wealth of the former Massachusetts governor and his wife.

The campaign says the couple’s assets are kept in a blind trust with investments in energy, health care, telecommunications and other industries. The GOP presidential hopeful also donated the proceeds from his 2010 book, “No Apology,” to six charities.

Romney’s personal finances are also detailed in a financial disclosure report submitted Friday to the Federal Election Commission. That report, which does not require exact dollar amounts, puts his assets at between $85 million and $264 million.

Another deep-pocketed candidate in the GOP presidential field is former Utah governor Jon Huntsman. According to a financial disclosure report he filed earlier this year as President Obama’s ambassador to China, Huntsman owns assets valued between $17.8 million and $84.0 million.


Filed under: 2012 • Mitt Romney
soundoff (27 Responses)
  1. Debby

    Good he knows how to make money which the US needs right now!!!!!!

    August 12, 2011 07:31 pm at 7:31 pm |
  2. GI Joe

    Hmmmm - might explain why he doesn't want the wealthy to be taxed.

    August 12, 2011 07:36 pm at 7:36 pm |
  3. GI Joe

    He could cure the unemployment situation in this country all by himself - if he wasn't a stingy republican - LOL

    August 12, 2011 07:37 pm at 7:37 pm |
  4. Ken in NC

    So these hyper rich Republicans don't have to draw a paycheck or can donate it to a charity. BUT WILL THEY........NOT ON YOUR LIFE.

    August 12, 2011 07:56 pm at 7:56 pm |
  5. Patrick from Minnesota

    Romney is the last thing this country needs in it's highest office: another big-business and aristocratic suck-up. He is the dollar canidate, not the People's candidate.

    August 12, 2011 08:09 pm at 8:09 pm |
  6. Reggie from LA

    Just a regular American. Just like Sarah Pain, Michele Bachmann. Just doin' what reg'lar Americans. Sucking the cash outta other regular folks. You don't understand ignorant folks, they are just waitin' in line to pay their fair share of taxes. They're not hiding behind loopholes and tax breaks, right? Right. Romney knows how to make America work (for his back pocket). Interesting, we gather around Hollywood wealth and bit-h about how much star athletes get paid, but we don't give those celebrities money, but we pay off this clowns big times. What a bunch of dupes. What is Palin's industry anyway?

    August 12, 2011 08:09 pm at 8:09 pm |
  7. pass a note to obama

    must be nice because that idiot obama has cost me my savings and retirement and I actually HATE to even see the wuss.

    August 12, 2011 08:22 pm at 8:22 pm |
  8. NYC REPUB

    Nice for him....but who cares.

    August 12, 2011 08:24 pm at 8:24 pm |
  9. steven harnack

    I love how these guys always seem to have about 60 millions of dollars leeway in what they may or mat not have. I didn't know that 60 million was that easy to lose track of. Easy come, easy go, eh?

    August 12, 2011 08:29 pm at 8:29 pm |
  10. Clwyd

    Just what we need a member of a religious cult and a millionaire at that running this country! He sure knows about the Average American!

    August 12, 2011 08:33 pm at 8:33 pm |
  11. terry,va

    So what is the problem with the man having money? I know he won't be wasting his time writing books like Obummie. His money shows he has good business sense. Something this country desperately needs. On the other hand Obummie couldn't manage one of Herman Cain's pizza joints.

    August 12, 2011 08:37 pm at 8:37 pm |
  12. Myron8160

    Look like the H.care business ben good for mr rommey pocketbook

    August 12, 2011 08:45 pm at 8:45 pm |
  13. Howard

    Oh, well I guess CNN, and the democrats can start demonizing Romney for being financially successful. And, while you're at it, how about demonizing Ted Turner, who created CNN, John Kennedy, who was also a multi-millionaire, and John Kerry, who got his millions by marrying into it. What ever happened to valuing and admiring self made successful men and women, who fulfilled the American Dream ??? The captains of industry, who built this great country. Rags to riches hero's, like the characters from the Horatio Alger stories. Instead, today, the mainstream media, and the democrats have made it fashionable to demonize entrepreneurs, and people who achieve success. Maybe that's why America's economy is circling the toilet bow.

    August 12, 2011 09:01 pm at 9:01 pm |
  14. thomas

    Can't vote for Mitt.
    None of his 5 sons did any military service !

    August 12, 2011 09:07 pm at 9:07 pm |
  15. ThinkAgain

    Given to him from daddy and from the millions he made breaking up American companies, laying off American workers and outsourcing American jobs ...

    Priceless!

    August 12, 2011 09:15 pm at 9:15 pm |
  16. NVa Native

    How could the tea-bagger crowd expect Romney – who grew up in wealthy family and then expanded his "old money" by dismantling American companies, firing American workers, then selling the pieces to overseas corporations – how do these highly intelligent tea-baggers think Romney cares squat about anybody who works?

    August 12, 2011 09:20 pm at 9:20 pm |
  17. Indy

    I am sure he has more liquid then Trump the Chump. Kinda brings back that unemployed comment he said and makes it even worse. Rich people make the worst politicians because they just dont understand the average people, and they get richer while serving the people by pulling backdoor deals.

    August 12, 2011 09:25 pm at 9:25 pm |
  18. Claudia, Houston, Tx

    How's those Bush tax cuts working for you.

    August 12, 2011 09:33 pm at 9:33 pm |
  19. T'sah from Virginia

    That's because people are corporations!!

    August 12, 2011 09:34 pm at 9:34 pm |
  20. Cyrus

    Stop with this propaganda. He is unemployed. He is a patriot and hasn't applied for UI yet. Instead, he is trying to live his life with the "little" savings he has, unlike those free-loading unemployed people who keep asking for UI.

    August 12, 2011 09:40 pm at 9:40 pm |
  21. larry

    And they claim to know wht you and I need. REALLY

    August 12, 2011 10:35 pm at 10:35 pm |
  22. DENNA

    Now there's a man who can really relate to the middle class and the poor. Where are the jobs the Republicans promised? America, they lied to us again. Surprise!!!

    August 12, 2011 11:13 pm at 11:13 pm |
  23. Aaron

    Now all the Romney fans can really jump up and down armed with propaganda that Mr. Moneybags is concerned about them being able to feed their families, keep a roof over their heads, and afford to buy gas to get to and from work. If they think these super-rich cats care about them, they are delusional.

    August 12, 2011 11:29 pm at 11:29 pm |
  24. ChinaisRepublicToo

    Yes so he's 250 million times removed from the struggles of the average citizen. But at least he'll run America like a corporation, workers be damned. :/

    August 13, 2011 05:01 am at 5:01 am |
  25. diridi

    see, we are getting just like third world, India, politicians are robbing this nation, way to go....idiots, tell them to give all to this nation, because it belongs to this nation, not swiss banks...tax evasion...

    August 13, 2011 08:02 am at 8:02 am |
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