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Romney could become world’s richest head of government

By | October 26, 2012, 10:08 AM PDT

Image via Flickr / Austen Hufford

Image via Flickr / Austen Hufford

In the U.S. presidential election, Republican candidate Mitt Romney’s extreme wealth has been scrutinized and attacked by political opponents. Is it really that unique? After all, many world leaders enjoy extreme wealth. But according to a list recently put together by The Guardian, Romney is slated to become the world’s richest head of government if he wins this election.

Right now the title goes to Hassanal Bolkiah, the Sultan of Brunei. The Sultan can thank oil for his large fortune, which is estimated at $20 billion. King Bhumibol of Thailand’s net worth is greater, according to a 2011 Forbes list of richest royals, but he’s not a political leader.

Mitt Romney’s wealth far surpasses both of them, however. His campaign says his net worth is between $190 and $250 million, thanks to his business career and private equity firm Bain Capital.

As for his opponent? Forbes reports Obama’s worth just $6 million, measly in comparison.

[via The Guardian]

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Jenny Wilson

About Jenny Wilson

Jenny Wilson was a contributing editor for SmartPlanet from 2011 to 2012.

Jenny Wilson

Jenny Wilson

Contributing Editor

Jenny Wilson is a freelance journalist based in Chicago. She has written for Time.com and Swimming World Magazine and served stints at The American Prospect and The Atlantic Monthly magazines. She is currently pursuing a degree from Northwestern University's Medill School of Journalism.

Follow her on Twitter.

Jenny Wilson

Jenny Wilson

Jenny Wilson does not hold any investments in the technology companies she covers.

She writes for SmartPlanet and is not an employee of CBS.

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We have a Congresswoman who is far richer.
And she got the money off the taxpayers. $60 million in stimulus funds.

At least Romney earned his money.

http://www.cbsnews.com/8301-250_162-57529029/sen-mccaskills-spouse-received-$40-million-in-government-subsidies/

http://www.siliconinvestor.com/readmsg.aspx?msgid=28500490

Romney would also be far down the list of wealthiest leaders. Somewhere south of the Prime Minister of New Zealand and just a few steps above where President Obama sits now on the list.

http://en.wikipedia.org/wiki/List_of_heads_of_state_and_government_by_net_worth
Posted by Hates Idiots
Updated - 26th Oct
+1 Vote
+ -
What's the point?
Somehow it's a crime to be rich and be President? She failed to mention that way back when, back in 2003 there was a Democratic hopeful by the name of John Kerry, who was just as wealthy. Albeit, most of his wealth was from his spouse.
Posted by sekou.spencer@...
26th Oct
0 Votes
+ -
Honest work.
Well, here in Argentina we have Cristina Fernandez de Kirchner, that thanks to a dedicated life of honest ruling of this country, miraculously, was able to hoard and incredible number of millions of Dollars, probably many more than Mr. Romney, according to press reports. So, as you see, it takes only honest work to become a multimillionaire in 8 years, as her case shows.
Posted by David Traversa
Updated - 26th Oct
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