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........Election 2012: How rich are these guys?

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14 Jan 2012 15:40 #70763 by chairman
Mitt Romney Justin Sullivan/Getty ImagesTotal net worth: $85 million to $264 million
With no regular day job, Romney still earns a tidy income in the form of dividends and interest from his investments, and records filed with the Federal Election Commission show that the former Massachusetts governor commands between $20,000 and $68,000 on the speaking circuit.

Much of Romney's wealth is tied up in a blind trust, but some assets remain under his control -- including a few quirky items. For example, the FEC lists between $250,000 and $500,000 in horses, an asset the campaign says belongs to the candidate's wife. He owns another $250,000 to $500,000 in gold.

Romney has degrees from both Harvard Law and Harvard Business School, and had successful careers at the consulting shop Bain & Company and private equity firm Bain Capital before joining the Salt Lake City Olympics effort in 1999.


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14 Jan 2012 15:42 #70764 by chairman
Richard Ellis/Getty ImagesTotal net worth: $16 million to $72 million
The 51-year-old former governor spent much of his career in the public sector, but he also found time to work at the family business: Huntsman Corporation.

The candidate's father is one of the richest self-made men in the world, having given away more than $1 billion to fund universities and a cancer research center, among other causes.

Most of the younger Huntsman's assets are tied in some way to the family. He lists a family holding company worth between $5 million and $25 million as an asset.

The Utah native lists a few more conventional assets as well -- including investment funds from Vanguard and Fidelity.

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14 Jan 2012 15:43 #70765 by chairman
Newt Gingrich

Allison Joyce/Getty ImagesTotal net worth: $7 million to $31 million
The former house speaker is worth at least $7 million, putting him right in the middle of the 2012 pack.

The bulk of his assets come in the form of a promissory note from the Gingrich Group, LLC to Gingrich Productions, Inc., which are part of the tangled web of businesses the speaker maintains.

Most of the Georgia native's income comes from Gingrich Productions, a Washington-based multimedia company that paid out $2.4 million in disbursements to Gingrich.

Additionally, Gingrich lists between $565,000 and $1,150,000 in liabilities, including a now-closed line of credit at Tiffany and Co.

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14 Jan 2012 15:45 #70766 by chairman
Election 2012: How rich are these guys?Certain 2012 candidates are worth hundreds of millions, others far less.
Money
By Charles Riley | Money – 22 hours ago


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Mitt Romney Justin Sullivan/Getty ImagesTotal net worth: $85 million to $264 million
With no regular day job, Romney still earns a tidy income in the form of dividends and interest from his investments, and records filed with the Federal Election Commission show that the former Massachusetts governor commands between $20,000 and $68,000 on the speaking circuit.

Much of Romney's wealth is tied up in a blind trust, but some assets remain under his control -- including a few quirky items. For example, the FEC lists between $250,000 and $500,000 in horses, an asset the campaign says belongs to the candidate's wife. He owns another $250,000 to $500,000 in gold.

Romney has degrees from both Harvard Law and Harvard Business School, and had successful careers at the consulting shop Bain & Company and private equity firm Bain Capital before joining the Salt Lake City Olympics effort in 1999.

[See also: President Obama Seeks to Consolidate Government Agencies ]Jon Huntsman

Richard Ellis/Getty ImagesTotal net worth: $16 million to $72 million
The 51-year-old former governor spent much of his career in the public sector, but he also found time to work at the family business: Huntsman Corporation.

The candidate's father is one of the richest self-made men in the world, having given away more than $1 billion to fund universities and a cancer research center, among other causes.

Most of the younger Huntsman's assets are tied in some way to the family. He lists a family holding company worth between $5 million and $25 million as an asset.

The Utah native lists a few more conventional assets as well -- including investment funds from Vanguard and Fidelity.

Newt Gingrich

Allison Joyce/Getty ImagesTotal net worth: $7 million to $31 million
The former house speaker is worth at least $7 million, putting him right in the middle of the 2012 pack.

The bulk of his assets come in the form of a promissory note from the Gingrich Group, LLC to Gingrich Productions, Inc., which are part of the tangled web of businesses the speaker maintains.

Most of the Georgia native's income comes from Gingrich Productions, a Washington-based multimedia company that paid out $2.4 million in disbursements to Gingrich.

Additionally, Gingrich lists between $565,000 and $1,150,000 in liabilities, including a now-closed line of credit at Tiffany and Co.

[See also: The Unemployment Trend Matters More Than the Numbers ]

Barack Obama

Kristoffer Tripplaar-Pool/Getty ImagesTotal net worth: $2.8 million to $11.8 million*
While some of his Republican challengers are downright wealthy, President Obama isn't all that far behind.

Obama earns a $400,000 salary as the nation's chief executive, and the Center for Responsive Politics estimates his net worth to be somewhere between $2.8 million and $11.8 million.

Where did the former senator and law professor get that kind of cash? Book sales, mostly.

In 2010, the Obama family reported an adjusted gross income of $1,728,096, down from about $5.5 million in 2009, according to the first couple's tax returns.

His paycheck was much higher in 2009 because his books -- "Dreams from My Father" and "The Audacity of Hope" were registering strong sales.

The tax returns also show the family donated about 14% of their income to charity in 2010.

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14 Jan 2012 15:46 #70767 by chairman
How can millionaires who never had a hungry day in there lives,decide whats good for the working class and the poor.We need some working class opinions at those meetings.

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