What the candidates are worth

July 29, 2015

 By Grant Smith

For the voyeurs among us, Republican presidential hopeful Bobby Jindal is the latest candidate to expose his personal finances to public scrutiny. Filings released by the Federal Election Commission today show that the Louisiana governor has 26 investment accounts and a couple bank accounts worth between $3.9 million and $11.3 million.

According to the documents, Jindal earned between $401,000 and $675,000, including a salary of $200,000 from the state of Louisiana and an advance on book royalties of nearly $76,000. (Because the worth of each account was declared within a certain range, it’s not possible to pin down his wealth more precisely.)

Republican presidential hopeful, Louisiana Gov. Jindal addresses an economic summit in Orlando,

Republican presidential hopeful, Louisiana Gov. Bobby Jindal addresses an economic summit hosted by Florida Gov. Rick Scott in Orlando, Florida, June 2, 2015. REUTERS/Steve Nesius

About half of the presidential candidates have filed financial disclosures so far, and their wealth and income are all over the map.

U.S. Sen. Marc Rubio’s wealth is estimated to be between $300,000 and $855,000, which includes the value of his wife’s event planning company. His income, not including his U.S. Senate salary of $174,000, was between $187,000 and $232,000.

Donald Trump’s worth is difficult to estimate, as his 92-page financial disclosure lists income from more than 500 businesses across the world. Earlier this month he said he was worth $10 billion; Forbes, which closely tracks the real estate mogul, says he’s worth just $4 billion. Bloomberg says it’s closer to $2.9 billion.

Reuters reported in May that Democratic frontrunner Hillary Clinton and former President Bill Clinton earned at least $30 million since 2014.

Reuters estimated Carly Fiorina and her husband’s worth to be around $59 million.

Martin O’Malley is less of a financial winner. The former Maryland governor left office earlier this year facing a mountain of debt and scrambled to replace his $150,000-a-year salary with paid speeches and other work in the months before he launched his presidential bid.

Democratic contender U.S. Sen. Bernie Sanders has 28 investment funds, worth between $76,000 and $440,000. Income since 2014 is individually listed as less than $201 for each of the accounts.

Republican hopeful Jeb Bush has not yet released his personal financial disclosure.

 

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