Judging from the net worths of the nine leading Republican presidential nominees, politicians need to be wealthy to run for high office.
By most Americans’ standards, all nine are considered rich. The wealthiest candidate, Mitt Romney, is worth somewhere between $190 million and $250 million.
Those on the lower end of the spectrum, such as Rick Santorum and Rick Perry, are still worth at least $1 million. The wealth of these politicians has been amassed in several ways.
Some have made money in traditional ways. Romney made the majority of his fortune at management consulting firm Bain & Company, rising through the ranks to the top job, and at private equity firm Bain Capital, which he co-founded. Herman Cain made his money working as CEO of Godfather’s Pizza.
Keep reading ‘The Net Worth Of The Republican Presidential Candidates at 24/7 Wall Street >
This post originally appeared at 24/7 Wall St.
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