Sen. Rick Scott To Take Immense Wealth Out Of A Blind Trust

WASHINGTON, DC - JANUARY 17: U.S. Sen. Rick Scott (R-FL) speaks during a news conference at the U.S. Capitol January 17, 2019 in Washington, DC. Sen. Scott held the news conference to discuss the partial government ... WASHINGTON, DC - JANUARY 17: U.S. Sen. Rick Scott (R-FL) speaks during a news conference at the U.S. Capitol January 17, 2019 in Washington, DC. Sen. Scott held the news conference to discuss the partial government shutdown. (Photo by Alex Wong/Getty Images) MORE LESS
|
February 11, 2019 3:04 p.m.
JOIN TPM FOR JUST $1

Sen. Rick Scott (R-FL) will take his assets out of a blind trust, reversing a practice he instituted when he became governor of Florida.

According to a Tampa Bay Times report Monday, Scott was the wealthiest governor in Florida’s history, his net worth exceeding $200 million at the end of 2017.

His blind trust was far from perfect: the people in charge of his trust included his former personal adviser and it excluded his wife’s holdings, $173 million worth of investments that overlapped with his own assets.

He told the Times that he will make “normal filings,” or the annual financial disclosure forms required of members of Congress.

Comments
Masthead Masthead
Editor & Publisher:
Executive Editor:
Managing Editor:
Senior Editor:
Special Projects Editor:
Investigations Desk:
Reporter:
Senior Newswriters:
Newswriters:
Editor at Large:
General Manager & General Counsel:
Executive Publisher:
Head of Product:
Director of Technology:
Publishing Associate:
Front-End Developer:
Senior Designer: