Mitt Romney is indisputably a wealthy man, and if you’re wondering what’s Mitt Romney net worth in 2018 well, we shall disclose the figures for you but who is he? Mitt Romney was the Republican Party nominee for the president of the United States back in 2012 who ran against Barack Obama but lost to him both in Electoral College and popular vote. He is also a well-known businessman.
After his loss to the Whitehouse, Romney has kept a low profile, but now he has surfaced again now running for the Utah state senatorial position. Today we shall look at Mitt Romney net worth in 2018 and also reveal to you a few things you probably don’t know about Mitt Romney.
Willard Mitt Romney is the son of George W. Romney and Lenore Romney. He was born in 1947 in the state of Michigan, and he has three older siblings. He grew up in Bloomfield Hills where the father was the CEO of American Motors. Mitt attended Cranbrook School and graduated in 1965 joining Stanford University in 1965 and would later join Harvard University where he earned a master’s of Business Administration degree.
Mitt first met Ann Davies at the high school, and the two became engaged informally and in 1969, the couple married. His first son Taggart was born in 1970, and later he would have four more sons the youngest being Craig born in 1981.
Romney started off his career as a consultant and later as the CEO working for Boston Consulting Group in 1975. After two years he went to work for Bain & Company, and he became the vice president of the firm in 1978 and earned a reputation of being one of the best consultants. He would later leave the firm in 1984 and lead Bain Capital a company he co-founded. He became the president and the CEO of the company. Later on, he changes the focus of Bain Capital in investing in startup and shift to leveraged buyouts. He managed the firm, and it became one of the leading equity firms in America with billions of dollars under its management.
On his political career, Romney ran for U.S senator for Massachusetts in 1994, but he lost to Kennedy. In the year 2002, he ran for the office of the governor of Massachusetts where he won the seat becoming the 70th governor of Massachusetts. In 2008 Mitt Romney wanted the Republican presidential nomination ticket, and he hit the road campaigning, but he lost to McCain. During the 2008 elections, McCain lost to Senator Barack Obama.
Mitt dint quit his ambitions of becoming the president of the United States, and in 2012 he ran for the Republican Party presidential ticket where he clinched the ticket as the Republican nominee for president. They Faced off with the then President of U.S Barack Obama, but he lost to the incumbent president.
Currently, Mitt has shown some interest in returning to politics, and he is now running for the position of United States senator for Utah. He launched his campaign in February 2018.
On awards & achievements received by Mitt Romney among them are several honorary doctorates from the University of Utah, Southern Virginia University, Liberty University, Suffolk University among many others. He has also been awarded Canterbury Medal and Truce Ideal award.
Net Worth, Salary & Income
Mitt Romney net worth is estimated to be around $270 million according to disclosure forms he filed as part of his campaign for a U.S. Senate seat in Utah. The source of Mitt Romney net worth fortune is earnings from Bain Capital which turned out to be one of the largest private equity firms in the world. He makes his money from dividend income, capital gains, wages, salaries, interest incomes among other sources. However, considering the other partners on the private equity firm have a net worth of around a billion. I can help but suspect that Mitt Romney net worth has been underestimated.
5 Facts You Need To Know About Mitt Romney
Being a politician seeking a high elective post sometimes a lot of secrets are spilled over to the public, but that’s what not we are doing. Only that we are just letting you know a few things you probably don’t know about Mitt Romney.
1. He openly spoke against the Vietnam War and criticized the move.
2. At one time Romney was charged with trying to bribe a ranger with $50, but later the charges would be dropped because that was not the case.
3. His wife parents hated the idea of their daughter getting married to Romney who came from people who practiced Mormonism.
4. In 1994 during the U.S Senate campaigns where he wanted to unseat Edward Kennedy, he spent around $3 million of his own cash to do that, but he failed.
5. He met Ann Davies, the wife at a party.
Mitt Romney net worth in 2019 will read higher figures although no one will really know the exact net worth figure considering even now we are in doubts. We hope for him the best in the upcoming senatorial race where he is a candidate.