Posted: Jan 28, 2012 4:29 PM by Associated Press
Source: Associated Press
WASHINGTON - 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.
He 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.
The 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.