Mitt Romney Has Nearly US$ 45 Million in Liquid Assets, According to Wealth-X

NEW YORK, March 6, 2012 /PRNewswire/ -- Wealth-X, the global intelligence, prospecting and wealth due diligence company, today released that Republican Presidential hopeful Mitt Romney has US$45 million in liquid assets, as part of his $230 million fortune. Wealth-X recently ranked Mitt Romney as the #1 wealthiest U.S. presidential candidate since Ross Perot.

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In addition to over $45 million in liquid assets, including proceeds from salaries, bonuses, dividends, speaker's fees and other investments, Romney has nearly $52 million of Federal Home Loan Bank securities, an estimated $31 million in Goldman Sachs vehicles, $17 million in property, $13 million managed by the firm he cofounded, Bain Capital, $500 thousand in horses and another $72 million in other asset classes.

Although Mitt Romney has made recent public efforts to relate to the average American, it is hard to refute that Romney's wealth is not exceptional. "Mitt Romney last year made nearly $21 million, or roughly 800 times more than the $26,400 paid to median wage earners in the United States," said David S. Friedman, Co-Founder and President at Wealth-X. "Romney's wealth places him among the 0.0001 percent wealthiest Americans, a cohort that represents the richest Americans."

• Liquid Assets - $45 million
• Federal Home Loan Bank System Securities - $52 million
• Goldman Sachs Investments Vehicles - $31 million
• Property - $17 million
• Bain Capital Investment Vehicles - $13 million
• Horses - $0.5 million
• Other Investments - $72 million

Wealth-X provides its members with qualified prospects and intelligence on ultra high net worth (UHNW) individuals, along with the privately held-companies they control. We work with 8 of the top 10 global private banks, leading educational institutions, not-for-profits and luxury brands. Our firm's online business development solution profiles individuals who represent $10.7 trillion of the world's net wealth. The Wealth-X database additionally offers exclusive details on ultra wealthy individuals, including wealth, income, passions, philanthropic interests, affiliations, politics, advisors, families and biographies. Wealth-X is the global leader on UHNW individuals and the worldwide standard for professionals working with the ultra affluent. Headquartered in Singapore, the company has offices in New York, London, Lugano, Dubai, Mumbai, Guangzhou, Hong Kong and Sydney.

SOURCE Wealth-X

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