Forbes Presidential Cadidates Wealth List, Net Worth (Top 20 Candidates)
Source: Forbes
Sept 29, 2015 @ 02:01 PM
Agustino Fontevecchia ,
Forbes Staff...
Forbes put together the definitive wealth list of the 2016 presidential candidates. Looking at both major parties, we have come up with net worth estimates for the 20 top Republican and Democratic contenders. Beyond Donald Trump, whose $4.5 billion net worth dwarfs the rest combined, we find that several candidates are worth more than $30 billion, including Lincoln Chafee, Hillary Clinton, and Carly Fiorina. At the same time, we found that only three of them arent millionaires (Bernie Sanders, Marco Rubio, and Martin OMalley). For a complete analysis of our list, see my post here.
To piece together a precise picture of their individual wealth, Forbes used a variety of documents, starting with financial disclosure with the Federal Election Commission. Candidates are only required to report their net worth in ranges, so the Forbes wealth team dug deep, looking through property records, mortgage papers, and tax records when available. We called experts and checked with county clerks. Finally, we called the candidates themselves, looking to corroborate our figures. We didnt always get a response.
(top five, hit link for rest).
1. Donald Trump
$4.5 bil
Richest candidate by a long shot is the GOP front-runner.
2. Carly Fiorina
$58 mil
Former HP CEO has over 1,000 investments.
3. Hillary Clinton
$45 mil
Half of power couple; the Clintons earned $28 million in 2014.
4. Lincoln Chafee
$32 mil
Rhode Island royalty inherited fortune, first U.S. Senate term.
5. Ben Carson
$26 mil
Retired neurosurgeon sat on boards of Costco, Kellogg K -0.39%.
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Read more: http://www.forbes.com/sites/afontevecchia/2015/09/29/forbes-2016-presidential-candidate-net-worth-list/
Check out this list..very interesting..Now who do you think is last? And why is that person last?
KamaAina
(78,249 posts)Stuart G
(38,427 posts)at the very end. How did that happen??
KamaAina
(78,249 posts)rather than making them saddle themselves with it.
If I were he, I would be hammering on this point at every single greasyspoon in Iowa and New Hampshire.
Stuart G
(38,427 posts)And college is extremely expensive these days. Says a lot about him
Andy823
(11,495 posts)That's one of the reasons why I support him.
Vinca
(50,271 posts)turbinetree
(24,701 posts)Last edited Tue Sep 29, 2015, 10:54 PM - Edit history (1)
because he is still number 1 in my book
moondust
(19,981 posts)Fearless
(18,421 posts)Either that or she's profoundly poor managing money.
dsc
(52,162 posts)also much of what they made was given to their foundation and often the media has reported it as if she personally got that money.
whatthehey
(3,660 posts)If I make a million a year in a new job, get a year's pay upfront, and take out a mortgage to buy a 1.5 million dollar house, which would be very responsible spending well below typical ratio, I have a negative net worth and am still very well to do and spending responsibly..
I have no idea how big and how many loans the Clintons have.
Yupster
(14,308 posts)The value of the house would be an asset.
You would only have a negative net worth if the value of your house went down a lot.
Lychee2
(405 posts)6. Jeb Bush
$22 mil
7. George Pataki
$13 mil
Former N.Y. governor is lawyer; advises on energy, environment.
8. John Kasich
$10 mil+
Ohio governor worked at Lehman Bros.; hosted Fox show.
9. Mike Huckabee
$9 mil
Longtime radio host made millions on Fox, giving speeches .
10. Jim Gilmore
$7 mil
11. Jim Webb
$6 mil
Ex-senator from Virginia wrote script for Rules of Engagement .
12. Bobby Jindal
$5 mil
Louisiana governor makes about $130,000 a year.
13. Ted Cruz
$3.5 mil
Tea Partier practiced law; wife works at Goldman Sachs.
14. Chris Christie
$3 mil
Wife made the money on Wall Street while he ran N.J.
15. Rand Paul
$2 mil
Sold ophthalmology practice for $220,000; wrote four books.
16. Rick Santorum
$2 mil
Former senator collects rent on six properties near Penn State.
17. Lindsey Graham
$1 mil
South Carolina senator gets fortune from homes, salary.
18. Bernie Sanders
$700,000
Vermont senator once worked as a carpenter and a filmmaker.
19. Marco Rubio
$100,000
Florida senator has house, boat, kids college plans and lots of debt.
20. Martin OMalley
Zero
Former Maryland governor took on debt to send kids to college.