Mitt Romney : Net Worth, Family, Wife, Education, Children, Age, Biography and Political Career

Mitt Romney, in full Willard Mitt Romney is a American politician who served as governor of Massachusetts and who later represented Utah within the U.S. Senate. He was the Republican Party’s presidential nominee in 2012.

The youngest of 4 siblings, Romney was born into one among the foremost prominent families within the Mormon faith. His father, George Romney, was a successful corporate executive who managed American Motors from near bankruptcy to record profits and who later served as governor of Michigan (1963–69) and as secretary of housing and concrete development (1969–72) within the cabinet of U.S. President Richard M. Nixon. The younger Romney attended Stanford University in California, but he interrupted his studies in 1966 to undertake a 30-month missionary campaign for the Mormon Church in France. While there he was seriously injured during a car accident, and he returned to the us a couple of months later. Romney graduated summa worthy from Young University with a B.A. degree in English in 1971. He earned J.D. and M.B.A. degrees from Harvard University in 1975.

Romney then moved into the private sector as an investment consultant. He spent most of subsequent 20 years with the Boston-based consulting company Bain & Company and its investment-focused spin-off, Bain Capital, which he cofounded in 1984 with Coleman Andrews and Eric Kriss. During his time at Bain, Romney acquired a multimillion-dollar fortune.

Mitt Romney Net Worth

Mitt Romney Net Worth is $ 300 Million in 2021.

Mitt Romney Family

Willard Mitt Romney was born on March 12, 1947, at Harper University Hospital in Detroit, Michigan, one of four children born to automobile executive George W. Romney and former actress and homemaker Lenore Romney. His mother was a native of Logan, Utah, and his father was born to American parents in a Mormon colony in Chihuahua, Mexico.

Mitt Romney Wife and Children

Mitt Romney is married to Ann Davies in 1969 and has five children.

Mitt Romney Career and Achievement

Governor of Massachusetts

Romney made an unsuccessful run the U.S. Senate in 1994 against Democratic incumbent Ted Kennedy. His successful turnaround of the scandal-plagued 2002 Winter Olympic Games in Salt Lake City, chronicled by Romney in Turnaround: Crisis, Leadership, and therefore the Olympic Games (2004), served as a springboard for his successful Massachusetts gubernatorial campaign in 2002.

After taking office in 2003, Romney addressed the state’s budget problems, implemented universal health look after the uninsured, and created a scholarship program for lower- and middle-income students to attend Massachusetts universities. Romney sometimes took centrist positions early in his political career (e.g., during his 1994 campaign against Kennedy, he argued that homosexuals needed “more support from the Republican Party” which “abortion should be safe and legal”), but later in his career he fashioned himself as a fiscal and social conservative, maintaining that his views on such issues had evolved. Romney was against gay marriage, and, after the Massachusetts Supreme Court ruled in November 2003 that the denial of marriage licenses to same-sex couples was unconstitutional, he tried unsuccessfully to possess the difficulty placed on the ballot. He didnt seek a second term as governor, and he left office in 2007.

Presidential Runs in 2008 and 2012

Romney turned next to pursuing the Republican nomination for president in 2008. His campaign platform stressed his achievements as governor, also as his business background, and suggested that his successes as governor might be repeated at the federal level. His campaign received a lift in August 2007 when he finished in first place within the Iowa straw vote . In January 2008, however, Romney placed a disappointing second in both the Iowa caucuses and therefore the New Hampshire primary, losing to Mike Huckabee and John McCain, respectively. He won the relatively uncontested Wyoming caucuses and emerged from Super Tuesday (February 5, 2008) in second place, behind front-runner McCain. Acknowledging the gap that existed between the amount of delegates that every candidate could claim, Romney suspended his campaign several days later.

Romney remained active in politics, and he also published the book No Apology: The Case for American Greatness (2010). In June 2011 he announced his decision to form a second run the presidency. Romney began the campaign because the perceived front-runner for the Republican nomination. During the following months, however, he struggled to draw support from social conservatives, who still viewed him as a moderate, and he placed second behind more-conservative candidates in important primaries, including Ohio’s. Nevertheless, he was ready to rally most of the Republican Party around his candidacy and earned enough delegates after the Texas primary in May 2012 to secure the presidential nomination. In August Romney chose U.S. Representative Paul Ryan of Wisconsin as his vice presidential campaigner.

Having emphasized his conservative credentials within the primaries (he called himself “severely conservative”), Romney adopted a more-centrist position during the presidential campaign itself. Throughout the race, Romney sought to convince undecided voters that he could provide what the Democratic incumbent, President Barack Obama, had thus far did not deliver: a full recovery from the good Recession of 2007–09. He vowed to repeal Obama’s health care reform law, the 2010 Patient Protection and Affordable Care Act (PPACA), calling it “job killer,” and to make 12 million new jobs in his first term by adopting business-friendly policies. Romney presented his own experience as a successful governor and businessman as evidence of his capacity to steer the country on the road to economic recovery and growth. Despite a robust campaign, Romney’s bid for the presidency was unsuccessful, and Obama was reelected.

Later Activities and U.S Senate

Although there was speculation that Romney would stage a 3rd presidential run, in 2015 he publicly stated that he wasnt entering the 2016 race. However, he was a notable presence during the campaign, becoming a vocal critic of Donald Trump, the eventual Republican nominee and winner. In February 2018 Romney announced that he was running for the U.S. Senate seat in Utah that was being vacated by the retiring Orrin Hatch. Despite their differences, Romney quickly received the endorsement of Trump. Although widely seen because the favourite candidate, Romney did not secure his party’s nomination during a vote during the Utah Republican convention in April, necessitating a primary . However, he easily won that contest two months later, and in November 2018 he was elected to the Senate. Shortly before taking office in January 2019, Romney wrote an op-ed during which he was harshly critical of Trump, alleging that the president “has not risen to the mantle of the office.” Later that year the House of Representatives impeached Trump over his actions involving Ukraine, charging him with abuse of power and obstruction of Congress, and in early 2020 the Senate held an attempt . Trump was easily acquitted, but Romney made history by voting to convict Trump of abusing his power, thereby becoming the sole U.S. senator to vote for the removal of a president from his own party. However, he acquitted Trump on the charge of obstructing Congress.

In the 2020 presidential election, Trump was defeated by Joe Biden, who had served as Obama’s vice chairman . Trump and various Republicans, however, challenged the results, alleging widespread voter fraud despite a scarcity of evidence. Romney condemned those claims as “reckless.” On Epiphany , 2021, he and other members of Congress met to certify Biden’s win, but the proceedings were temporarily halted when Trump supporters stormed the Capitol. When Congress reconvened hours later, Romney gave a speech during which he accused Trump of inciting the deadly siege. On January 13, one week before the top of Trump’s presidency, the House of Representatives impeached Trump for “incitement of insurrection.” At the Senate trial the subsequent month, Romney and 6 other Republicans joined with Democrats to vote for Trump’s conviction, the previous president, however, was acquitted.