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Whoa! Teresa Heinz Kerry worth $1 billion

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Sticky Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:06 AM
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Whoa! Teresa Heinz Kerry worth $1 billion
Heinz Kerry's family fortune worth estimated $1 billion
Ralph Vartabedian, Los Angeles Times
June 27, 2004

Teresa Heinz Kerry, through a network of investments in blue-chip corporations, venture capital funds and municipal bonds, controls a family fortune worth an estimated $1 billion, an analysis of public records shows.

The $1 billion figure is double the estimates of her wealth that are widely cited in news stories about her husband, Sen. John F. Kerry, the presumptive Democratic nominee for president.

The couple would rank as the wealthiest to occupy the White House, far surpassing such storied presidential fortunes as the Kennedys'. Their assets are so vast and far-reaching that they mirror the U.S. economy and will probably raise questions about conflicts of interest.

"She represents a new ballgame in terms of her wealth and in terms of the wealth she controls," said Kevin Phillips, a political commentator and author of the history "Wealth and Democracy."

-snip-

Because key details of Heinz Kerry's investments are not in the public record, a precise valuation is not possible. The Los Angeles Times' analysis produced estimates as low as $900 million and as high as $3.2 billion. Three senior executives at investment companies that handle accounts for wealthy clients reviewed the Times' study and said the $1 billion valuation was a fair and conservative estimate.

More:

http://www.startribune.com/stories/587/4848689.html
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billybob537 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:09 AM
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1. So what it's not what you got . It's what you do with it.
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TrueAmerican Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:09 AM
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2. Is it a crime to make a living nowadays?
Only if you are a Democrat, I guess.
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Soup Bean Donating Member (757 posts) Send PM | Profile | Ignore Sun Jun-27-04 12:11 AM
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3. Brains, beauty and buck$.
I'm in love. Kerry is brilliant simply for falling in love with such a strong woman. I like men who love strong women...they're confident about themselves, and they have the benefit of someone who is not afraid to tell them how wrong they were about a particular issue. Beats a Stepford Wife any day.
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2Design Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:13 AM
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4. and she does so many good deeds with her time, money, and heart
unlike any rethugs I have heard of in politics...
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PROGRESSIVE1 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:13 AM
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5. .................
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Sticky Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:15 AM
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6. Yes, good for her/them
They have been wise and careful with their wealth and know how to manage responsibility. They will be great leaders!
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IronLionZion Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:16 AM
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7. and Bush is humble man of the people
welcome to crazy world.

So what if Teresa is loaded? John has only about $6 million which is normal for an American politician.
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Sweetpea Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:19 AM
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8. Great
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kikiek Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:21 AM
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9. One of the "has mores", but not of the elite or base. Good for her.
It would really suck if only the assholes were rich.
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Stephanie Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:23 AM
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10. How much is Cheney worth? How much is GHW Bush worth?
?
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leftyandproud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 09:29 AM
Response to Reply #10
12. not NEARLY as much.
both definately less than 5% of what she has.
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KT2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-27-04 12:42 AM
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11. She spends it well
The Heinz foundations have supported work that no one else would touch - environmental health issues.

She is forward thinking and puts her money where her ideals are - health and the environment. The Repubs hate her for that. The idiots would rather undermine her and let their children die from pollution related illnesses.
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