Mitt Romney Net Worth (Updated 2026).

Mitt Romney, born on March 12, 1947, began his professional journey in the world of business, not politics. After earning his undergraduate degree from Brigham Young University and later an MBA from Harvard, Romney joined the management consulting firm, Boston Consulting Group. It was here that he honed his analytical skills and developed a reputation for strategic thinking.

Romney’s rise to prominence, however, came not from the corporate world, but from his time at Bain & Company, a management consultancy where he worked his way up to become CEO. In 1994, he left Bain to run for the U.S. Senate in Massachusetts, losing to incumbent Democrat Ted Kennedy. Despite the loss, Romney’s campaign garnered national attention, marking the beginning of his political career and eventual fame.

**Mitt Romney’s Current Net Worth (2025)**

As of 2025, Mitt Romney’s net worth is estimated to be around $400 million, according to Forbes. This significant wealth is a result of his successful career in business and politics.

**Career**

Mitt Romney, born in 1947, is a prominent American politician and businessman. He served as the Governor of Massachusetts from 2003 to 2007 and was the Republican Party’s nominee for President of the United States in the 2012 election. Prior to his political career, Romney enjoyed a successful career in business, co-founding the private equity firm Bain Capital in 1984.

**Other Ventures**

In addition to his political and business careers, Romney has been involved in various other ventures. He served as a Mormon missionary in France and later as a bishop and stake president in The Church of Jesus Christ of Latter-day Saints. He has also been a philanthropist, donating to various causes and founding the Salt Lake Olympics Organizing Committee.

**Assets**

Romney’s assets are primarily held in investments, including stocks and bonds. He also owns several properties, including a home in La Jolla, California, and a ranch in Deer Valley, Utah. His investment portfolio includes stakes in companies like Bain Capital, Marriott International, and Amgen.

**Annual Income**

Romney’s annual income varies significantly from year to year, largely due to his political activities and the performance of his investments. In 2012, for instance, his adjusted gross income was reported to be over $13.6 million. However, in other years, his income has been much lower. His exact annual income in 2025 is not yet known.

Frequently Asked Questions about  Mitt Romney

Frequently Asked Questions: Mitt Romney Net Worth

1. What is Mitt Romney’s net worth?

Mitt Romney’s net worth is estimated to be around $250 million.

2. How did Mitt Romney make his fortune?

Mitt Romney made his fortune primarily through his work in private equity at Bain Capital, which he co-founded. He also served as the Governor of Massachusetts and ran for President of the United States in 2012.

3. What is the source of Mitt Romney’s wealth?

The majority of Mitt Romney’s wealth comes from his investments and business ventures, particularly his time at Bain Capital.

4. How much money did Mitt Romney make from Bain Capital?

It’s difficult to pinpoint an exact figure, but it’s estimated that Mitt Romney made tens of millions of dollars from his time at Bain Capital.

5. What are some of Mitt Romney’s business ventures outside of Bain Capital?

Mitt Romney has been involved in various business ventures outside of Bain Capital, including investments in sports teams like the Boston Red Sox and the Los Angeles Dodgers, as well as real estate and other investments.

6. How much money did Mitt Romney make from his political career?

Mitt Romney’s political career, including his time as Governor of Massachusetts and his presidential campaigns, has not been a significant source of income for him.

7. What is Mitt Romney’s annual income?

Mitt Romney’s annual income varies, but it’s estimated to be in the tens of millions of dollars.

8. How much money did Mitt Romney spend on his 2012 presidential campaign?

Mitt Romney spent over $44 million of his own money on his 2012 presidential campaign.

9. What are some of Mitt Romney’s charitable donations?

Mitt Romney and his wife, Ann, have donated millions of dollars to charitable causes over the years, including to the Church of Jesus Christ of Latter-day Saints, various educational institutions, and healthcare organizations.

10. How does Mitt Romney’s net worth compare to other former U.S. Presidents?

Mitt Romney’s net worth is among the highest of any former U.S. President, trailing only Donald Trump and possibly Theodore Roosevelt.