Known for his extreme politics and for having been the Republican candidate in the 2012 presidential elections in the United States, Mitt Romney's net worth might be higher than you would imagine - though it's known that the politician has amassed a vast fortune due to his ventures as an entrepreneur.
While these day's he's mostly known for having served as the Massachusetts Governor and later bidding for the presidency, Mitt Romney's net worth actually comes from years in the management consulting industry, where he's been widely successful over the past forty years, since entering that area in the 1970s.
As Forbes reports, the media hasn't had it easy figuring out what exactly is Mitt Romney's net worth; while he's a very rich man after having spent decades in one of the industries where there's the most money in the world, many news outlets are shocked that the politician's wealth is not actually higher - even though it's impressive and well into the hundreds of million dollars.
Back when he was running for President in 2012, Mitt Romney's net worth became the subject of journalistic investigation, as, if he had won over incumbent President Barack Obama, the member of The Church of Jesus Christ of Latter-day Saints would have become the richest man ever to hold office in the White House, a fact that would've definitely influenced in his policy-making, as all news outlets and experts calculated that it would mean giving a bigger weight to those in the so-called 1 percent, possibly giving more benefits to the larger companies and billionaires.
The first official recognition of the politician's wealth came in September 2012, as Romney released his tax returns only a couple of months before the November election, according to NBC News.
In 2012, The Washington Post reported that Mitt Romney's net worth was around $250 million, between debt securities, Bain alternative investments, real estate, mutual funds and ETFs, cash, transportation, gold and individual equities.
