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Romney Worth $500 Million Plus, Times Says
NewsMax ^ | 3/11/07 | NewsMax

Posted on 03/11/2007 11:00:12 AM PDT by wagglebee

Former Massachusetts Gov. Mitt Romney is the richest man in the presidential race.

Presidential candidates are not required to disclose their net worth, and Romney has not. But analysts who track compensation in Romney’s business field said it was likely to exceed $500 million, according to a report in Saturday's New York Times.

Romney built his fortune with the Boston-based Bain Capital, a venture and buyout firm. In 1984, Romney began investing Bain’s $40 million venture fund that eventually grew to billions. Romney’s fund was the first investor in Staples, the office supplies store.

The Times also suggests that Romney has been using his personal wealth to woo conservative support for his presidential bid.

Examples include:



TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: doublestandard; kerry2004; mittromney2008; partisanwitchhunt; perot1992; perot1994; romney2008
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If Romney were to somehow become the nominee, the press would use this to destroy him.
1 posted on 03/11/2007 11:00:17 AM PDT by wagglebee
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To: Reagan Man; Spiff

Ping


2 posted on 03/11/2007 11:01:06 AM PDT by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
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To: wagglebee

Unless the Republicans nominate a hobo, the media will use his wealth to destroy him. They already act like George Bush is some megalomaniacal tycoon when he prefers staying at a small ranch in the middle of nowhere in Texas.


3 posted on 03/11/2007 11:04:07 AM PDT by Democratshavenobrains
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To: wagglebee

If Romney were to somehow become the nominee, the press would use this to destroy him.

Why? They didn't go after Forbes. He made money the american way, he earned it. How can the press attack someone that is successful? Because he hasn't given most of it away to the poor? Then again, the press can attack him for anything. maybe the food in his basement.


4 posted on 03/11/2007 11:04:48 AM PDT by Tulsa Ramjet ("If not now, when?" "Because it's judgment that defeats us.")
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To: wagglebee

They would certainly try, even as John Kerry's, or rather his wife's, wealth was not an issue to them at all.


5 posted on 03/11/2007 11:05:32 AM PDT by Huntress (I believe in government by grumpy old guys.)
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To: wagglebee

Staples is also invested in Algores Generation Investment Management....FWIW


6 posted on 03/11/2007 11:05:49 AM PDT by digger48
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To: Tulsa Ramjet
They didn't go after Forbes. He made money the american way, he earned it.

Steve Forbes DID NOT earn his money, he inherited a publishing empire from his father and the press did not make a big deal out of it because they never gave him a real shot at the nomination.

How can the press attack someone that is successful?

As long as they have an "R" after their name, they're fair game.

7 posted on 03/11/2007 11:08:32 AM PDT by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
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To: wagglebee

You mean he didn't inherit his wealth? Don't you just hate people who earn millions through their own hard work? Who wants someone like that in the White House?

BTW - The press will try to destroy whoever the Republican nominee is. That is unavoidable.


8 posted on 03/11/2007 11:09:10 AM PDT by Terpin (Missing: One very clever and insightful tagline. Reward for safe return!)
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To: wagglebee

If this is true, it doesn't sit too well. It's not having wealth that is a problem but to use it to influcence others to gain power shows where the heart is. In elections, it's either someone truly wants to make a change for the good of USA or merely wants power. It's up to us to sort it out. One thing for sure, the biased media wants to sort it out for us.


9 posted on 03/11/2007 11:12:18 AM PDT by presently no screen name
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To: wagglebee

"If Romney were to somehow become the nominee, the press would use this to destroy him."

Of course. Kerry was worth as much, but did it by marrying into it. The press was so on his case about that. (/sarc)

Romney actually engaged in individual accomplishment and achievement, and that is strictly forbidden! How dare someine be an example of American material success for others to emulate!

I really dont think it matters... whoever the GOP nominee is, the press will destroy - they will point out that by breathing, the GOP nominee is emitting CO2 and causing global warming, hence is responsible for hurricanes and drought ....

I *wish* I was kidding about it!


10 posted on 03/11/2007 11:13:51 AM PDT by WOSG (The 4-fold path to save America - Think right, act right, speak right, vote right!)
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To: wagglebee
If Romney were to somehow become the nominee, the press would use this to destroy him.

Huh? The press is filled with whores. If you have the money, and you pay them, they will lavish praises upon you. If you don't pay them, their other customers will get them to print lies about you at half the price. The press doesn't give a crap about the poor working stiff. They're just trying to fill your brain with swill.

11 posted on 03/11/2007 11:14:31 AM PDT by LoneRangerMassachusetts (The only good Mullah is a dead Mullah. The only good Mosque is the one that used to be there.)
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To: wagglebee

They'll use it against him, but it won't "destroy" him. Personally, I wish he'd adopt me.


12 posted on 03/11/2007 11:14:58 AM PDT by ozzymandus
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To: wagglebee

Hey, if Romney earned it honestly without harming others, more power to him!


13 posted on 03/11/2007 11:16:14 AM PDT by Clintonfatigued (If the GOP were to stop worshiping Free Trade as if it were a religion, they'd win every election)
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To: wagglebee
"If Romney were to somehow become the nominee, the press would use this to destroy him."


Romney and his supporters also contributed about $10,000 to a nonprofit group affiliated with the National Review.

 

Destroyed!!!
 

He can't run now.
 

HE CAN'T!!!!!!!

14 posted on 03/11/2007 11:16:29 AM PDT by SteveMcKing
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To: presently no screen name

"If this is true, it doesn't sit too well. It's not having wealth that is a problem but to use it to influcence others to gain power shows where the heart is."

Wow. Rudy has been campaigning for other candidates and is calling in chits. McCain is calling on 'friends' who've helped eachother. Hillary is out there practically buying South Carolina supporters. Obama OTOH is letting himself *get bought by others*.

"n elections, it's either someone truly wants to make a change for the good of USA or merely wants power."

Romney donated to conservative causes for the good of USA. I appreciate his efforts there and don't see anything wrong with it at all. It would be worse if he *DIDNT* support conservative causes!


15 posted on 03/11/2007 11:17:21 AM PDT by WOSG (The 4-fold path to save America - Think right, act right, speak right, vote right!)
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To: wagglebee
If Romney were to somehow become the nominee, the press would use this to destroy him.

Why? He earned it. He didn't inherit it. He didn't get it in the form of kickbacks, bribes, bogus stock or real estate deals.
16 posted on 03/11/2007 11:18:34 AM PDT by Beckwith (The dhimmicrats and liberal media have chosen sides and they've sided with the Jihadists.)
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To: wagglebee

"Steve Forbes DID NOT earn his money, he inherited a publishing empire from his father and the press did not make a big deal out of it because they never gave him a real shot at the nomination."

Correct.

Romney is the most successful 'self-made' candidate we've had in a long time.


17 posted on 03/11/2007 11:19:24 AM PDT by WOSG (The 4-fold path to save America - Think right, act right, speak right, vote right!)
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To: Clintonfatigued
Hey, if Romney earned it honestly without harming others, more power to him!

I agree completely. However, what we will hear is "unconfirmed reports" of unfair business practices, etc.

18 posted on 03/11/2007 11:19:27 AM PDT by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
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To: Beckwith
He didn't get it in the form of kickbacks, bribes, bogus stock or real estate deals.

Just wait for "unconfirmed reports" of this.

19 posted on 03/11/2007 11:21:14 AM PDT by wagglebee ("We are ready for the greatest achievements in the history of freedom." -- President Bush, 1/20/05)
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To: wagglebee

Remember his Senate run in 1994. He was in serious striking distance of taking down Kennedy. At the eleventh hour, the Kennedys dug up a handful of workers in Indiana who had lost their jobs after Bain Capital took over their company. They ran a full court press of critical ads in Mass.,and the sheeple fell for it hook, line, and sinker. The untold story was that Romney's firm took over a troubled firm on the verge of bankruptcy, implementd a solid business plan, made the tough decisions, and saved the jobs of many. We need that kind of leader in Washington.


20 posted on 03/11/2007 11:28:23 AM PDT by Bluestateredman (Self-sufficiency is the American Way)
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