It's good to be Mitt

Report: Romney may be richer than all of the other major presidential contenders combined.

Published August 14, 2007 12:59PM (EDT)

In a filing with the Federal Election Commission, GOP presidential contender Mitt Romney says he and his wife have holdings worth somewhere between $190 million and $240 million. As Bloomberg News reports, Romney's pile of money may make him richer than all of the other major Republican and Democratic presidential candidates combined.

Update: As the Los Angeles Times reports, Romney's filing confirms that he has divested from companies that do business with Iran but also reveals that he still holds $50,000 to $100,000 worth of shares in China Petroleum and Chemical Corp., or Sinopec, a company that has major operations in Sudan.

By Tim Grieve

Tim Grieve is a senior writer and the author of Salon's War Room blog.

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