Mitt Romney is worth between $190 million and $250 million, according to a financial disclosure report released on Friday.
As is common with politicians, Romney has put his holdings in a blind trust to prevent any conflict of interest. Brad Malt of the law firm Ropes & Gray handles his account, according to a Romney spokeswoman.
The updated numbers make clear that Romney, who made his fortune in finance, successfully weathered the 2008 crisis. He disclosed a similar range on his wealth during his last presidential run four years. The former Massachusetts governor spent $45 million of his own money during that campaign, but has elected to finance his 2012 effort with donor cash alone so far.Among Romney’s assets are at least $3 million in funds run by Bain Capital, the company he co-founded.
The disclosures show that Romney was a sought-after speaker on the lecture circuit. He collected a high of $68,000 from the International Franchise Association for a speech and the same amount from Goldentree Asset Managemet. All told his speaking fees earned him at least $362,000. Romney earned another $113,880 from the Marriott International hotel chain for sitting on their board. According to the campaign, Romney donated all profits from his book No Apology to a mix of nine charities.