Investing

The Net Worth Of The Republican Presidential Candidates

Jon Huntsman
> Estimated net worth: $16 million – $71 million
> Major accomplishments: Governor of Utah, U.S. Ambassador to China

John Huntsman was ambassador to Singapore during the early years of the George H.W. Bush administration. In 2005, he became the Governor of Utah, serving a full term before being appointed ambassador to China by the Obama administration. Huntsman inherited some of his father’s fortunes and is estimated to have a net worth between $16 million and $71 million. Most of this wealth is in the form of stock in his father’s company.

Newt Gingrich
> Estimated net worth: at least $6.7 million
> Major accomplishments: Speaker of the House

According to the Los Angeles Times, Newt Gingrich has a net worth of at least $6.7 million. This is up from a net worth of somewhere between $873,000 and $2.4 million reported in 2006. The majority of this wealth comes “from a multimillion-dollar ‘promissory note’ from the Gingrich Group, LLC to Gingrich Productions, Inc., entities that are part of Gingrich’s eponymous network of nonprofit and for-profit organizations,” the LA Times writes. That promissory note alone is worth between $5 million and $25 million.

Rick Santorum
> Estimated net worth: $880,000 – $1.9 million
> Major accomplishments: Senator from Pennsylvania, Fox News commentator

Rick Santorum was a member of the House of Representatives in the early 1990s. He then became a senator from Pennsylvania until 2007. Santorum was a regular contributor to Fox News, a columnist, a consultant to an energy company, and a member of a conservative think-tank in D.C. According to Politico, the former senator’s public financial disclosure lists Santorum’s net worth as being between $880,000 and $1.9 million. According to Pittsburgh-based site Early Returns, most of Santorum’s assets “are tied up in rental properties he owns around the Penn State campus and college savings plans for five of his children.

Gary E. Johnson
> Estimated net worth: $3 million – $10.5 million
> Major accomplishments: Governor of New Mexico

Born in North Dakota, Gary Johnson founded Big J construction company, which grew to become one of the largest in the state. He became Governor of New Mexico in 1995 and sold the business for a substantial profit in 1999. According to Johnson’s public financial statement, his net worth ranges between $3.5 million and $10.5 million. Johnson’s biggest asset is his home in Taos, N.M., estimated as being worth between $1 million and $5 million.

Michael B. Sauter and Charles B. Stockdale