Election 2012: How Rich Are the GOP Candidates?

Barack Obama

Kristoffer Tripplaar-Pool/Getty Images

Total net worth: $2.8 million to $11.8 million*
While some of his Republican challengers are downright wealthy, President Obama isn’t all that far behind.

Obama
earns a $400,000 salary as the nation’s chief executive, and the Center
for Responsive Politics estimates his net worth to be somewhere between
$2.8 million and $11.8 million.

Where did the former senator and law professor get that kind of cash? Book sales, mostly.

In
2010, the Obama family reported an adjusted gross income of $1,728,096,
down from about $5.5 million in 2009, according to the first couple’s
tax returns.

His paycheck was much higher in 2009 because his
books — “Dreams from My Father” and “The Audacity of Hope” were
registering strong sales.

The tax returns also show the family donated about 14% of their income to charity in 2010.

Ron Paul

Richard Ellis/Getty Images

Total net worth: $2.4 million to $5.4 million
While nowhere near the poor house, Ron Paul has more modest assets than some of his deep-pocketed rivals.

The
Texas congressman also has a personal loan out from the First National
Bank of Lake Jackson that totals $250,000 to $500,000 with a 5-year
term.

Paul lists a Washington-area condo worth $100,000 to
$250,000 as an asset, and has an investment portfolio stuffed full of
mining stocks.

For example, the sound-money advocate holds
$100,000 to $250,000 in Barrick Gold Corporation and $500,000 to
$1,000,000 in Goldcorp Inc., two publicly traded mining companies.

In
all, the congressman is invested in more than 20 separate companies
that have the words “mining,” “mines,” “gold” or “silver” in their name.


Rick Santorum

Alex Wong/Getty Images

Total net worth: $1 million to $3 million
One of the poorest 2012 candidates, Rick Santorum is still a millionaire.

Much
of the former Pennsylvania senator’s money is tied up in rental real
estate properties, as well as education and savings plans for his
children.

Santorum also has some debt to his name — including
two mortgages for rental properties totaling between $350,000 and
$750,000. Those properties, located in State College, Pa., are worth
between $500,000 and $1.25 million, according to the FEC filing.

From
relatively modest means, Santorum served as a congressman and senator,
but has since found more lucrative compensation in the private sector.

Santorum
earned $1.3 million in income from January 2010 until August of last
year from a variety of jobs, including a gig at the Ethics and Public
Policy Center in Washington and as a contributor on Fox News.

Rick Perry

Rainier Ehrhardt/Getty Images

Total net worth: $1 million to $2.5 million
Rick Perry is not exactly poor. But it’s all relative. His assets place him at the back of the pack of 2012 candidates.

The
governor — who’s still on the job — collects both a salary and
pension from the state of Texas. The salary is $132,995 a year, and he
brings in a monthly annuity of $7,698.

In August, Perry revoked
his blind trust, giving a look into his portfolio. The candidate is
invested in a wide range of companies, including PepsiCo, Procter
Gamble, Chevron, Cisco and Microsoft.

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