Romney is worth $230 million dollars not including another $100 million he put into a trust for kids

[NNN0LHI]

http://www.forbes.com/forbes/2012/0604/feature-romney-president-gop-real-estate-whats-mitt-worth.html

Feature

What's Mitt Worth

Edwin Durgy, 05.16.12, 06:00 PM EDT

Forbes Magazine dated June 04, 2012

The presumptive GOP nominee has diversified far past Bain Capital. From hedge funds to his kids' $100 million trust, FORBES reveals the most definitive valuation of the man who would be the richest President ever.

Mitt Romney isn’t the richest person to ever run for President—Ross Perot had him beat by a factor of ten. And if he’s elected, inflation adjustments might favor sprawling plantation owners like Washington and Jefferson, or Kennedy if family assets counted. But there’s no denying that in terms of total dollars a President Romney would be the wealthiest White House occupant ever. So just how rich is he?

FORBES spent the past month trying to answer that question definitively. The core basis for our valuation comes from Romney himself—specifically, the U.S. Office of Government Ethics disclosure forms, which he filed in August 2007 and August 2011, plus discussions with high-level Romney officials familiar with specific changes to his holdings since that last report. Of course, those disclosures, taken at face value, are about as concrete as a campaign promise, with vague asset ranges (“$1 million to $5 million”) and definitions.

[FSogol]

1. Does that include all the cash the Romenys hid overseas to skirt US tax laws?

[liberal N proud]

2. He is just one of us

[hedgehog]

3. Which is more important to the future of your kids -

having that extra $50 million to add to the trust, or maybe paying a fair share of taxes to ensure your grandchildren can grow up in a stable, prosperous country? Both my husband and son travel for work to countries where they don't dare to leave the hotel except with a company driver because of the threat of kidnapping. Is that the country Romney wants to leave his kids?

[hughee99]

6. If you have $50 million, you can always live in a stable, prosperous country.

it just might not be the same one your parents grew up in.

[magical thyme]

7. hell, you can just buy your own island

or island archipelago....

[RC]

4. I cannot conceive of anyone needing that much money for anything.

Beyond a certain point that money is just taking up space. It is useless for anything except for making more money that is not really needed for anything.

[shraby]

5. You beat me to it...I can't imagine why anyone would need that much money.