Just how rich is Mitt Romney? Add up the wealth of the last eight presidents, from Richard Nixon to Barack Obama. Then double that number. Now you're in Romney territory.
He would be among the richest presidents in American history if elected — probably in the top four.
couldn't top George Washington who, with nearly 60,000 acres (24,000
hectares) and more than 300 slaves, is considered the big daddy of
presidential wealth. After that, it gets complicated, depending on how
you rate Thomas Jefferson's plantation, Herbert Hoover's millions from
mining or John F. Kennedy's share of the vast family fortune, as well as
the finer points of factors like inflation adjustment.
But it's safe to say the Roosevelts had nothing on Romney, and the Bushes are nowhere close.
former Massachusetts governor has disclosed only the broad outlines of
his wealth, putting it somewhere from $190 million to $250 million. That
easily could make him 50 times richer than Obama, who falls in the
still-impressive-to-most-of-us range of $2.2 million to $7.5 million.
think it's almost hard to conceptualize what $250 million means," said
Shamus Khan, a Columbia University sociologist who studies the wealthy.
"People say Romney made $50,000 a day while not working last year. What
do you do with all that money? I can't even imagine spending it. Well,
Of course, an unbelievable boatload of bucks is just
one way to think of Romney's net worth, and the 44 U.S. presidents make
up a pretty small pond for him to swim in. Put alongside America's 400
or so billionaires, Romney wouldn't make a ripple.
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