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Republican presidential candidate Mitt Romney has the kind of extravagant wealth the average American couldn’t dream of. Romney, worth a reported $250 million, is worth 2,708 times the average American family.
Based on 2007 figures, the median net worth of an American family was $120,300. That’s $249,879,700 less than Romney’s net worth. Even compared to his fellow politicians, Romney is wealthy. President Obama’s family has a reported net worth of $10 million, largely from the success of the President’s bestselling books. Romney is worth 250 times Obama, worth $240 million more than the Commander-In-Chief.
According to the Wall Street Journal, Romney is the richest presidential candidate in a decade, since multimillionaire publisher Steve Forbes ran for office in 2000. [WSJ]
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