Source:
AP via YahooBy JIM KUHNHENN, Associated Press Writer
WASHINGTON - Republican presidential candidate Mitt Romney, the wealthiest White House contender from either party, is worth as much as $250 million, according to information released by his campaign Monday.
The former venture capitalist's wealth — reported in a range of $190 million to $250 million — is spread throughout a dizzying array of investments, that include banks, large investment management firms, foreign export credit corporations and real estate.
Romney reported the details of his wealth in a personal financial disclosure report filed Monday with the Federal Election Commission and the U.S. Office of Government Ethics. Presidential candidates had been required to file such disclosures by May 15, but Romney asked for two 45-day extensions to obtain detailed values of his and his wife's blind trusts.
The report offers the most detailed public look yet at the finances of the former Massachusetts governor, who has refused to release his income tax returns, and who previously filed only state financial disclosure forms that described his holdings in the most general terms. His most recent Massachusetts report, filed in May for calendar 2006, was only 10 pages long, compared with the 47-page federal report.
The federal report was something of a revelation for Romney as well.
His assets have been held in a blind trust since January 2003, but the Office of Government Ethics requires a detailed list of individual holdings. Forced to open his blind trust, the Romneys — and the world — discovered precisely which stocks, bonds and mutual funds they own.
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A WALKING CONFLICT OF INTEREST--THINKS HE CAN BUY THE ELECTION, NO DOUBT.