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Forbes Estimates Romney Net Worth at $230 Million

Forbes Estimates Romney Net Worth at $230 Million

Forbes magazine, which is known for its annual compilation of the 400 richest Americans, turned its analytical efforts to Mitt Romney and on Wednesday announced its estimate of his net worth: $230 million.
The publication looked at Office of Government Ethics disclosure forms, which Romney filed in August 2007 and August 2011, and held discussions with high-level Romney officials familiar with specific changes to his holdings since that last report. “Seeking to remove as much guesswork as possible, we assigned a value to every single asset Mitt and Ann Romney own – 184 in all across the couple’s two blind trusts, IRAs and outright holdings,” it said.
Forbes broke his assets into the following categories: debt securities, $91 million; Bain Capital alternative investments, $52 million; other alternative investments, $29 million; mutual funds and ETFs, $23 million; real estate, $18 million; cash, $16 million; individual equities, $600,000; transportation, $425,000; gold, $260,000.
the National Journal’ reports.

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