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

Alex Wong/Getty Images North America

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.

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