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U.S. Presidential hopeful Romney worth $ 264 mln

(Xinhua)

11:27, August 13, 2011

WASHINGTON, Aug. 12 (Xinhua) -- U.S. Republican presidential hopeful Mitt Romney has a personal wealth as much 264 million dollars, according to financial disclosure report made public on Friday.

Romney, who grew up in a wealthy family before expanding his fortunes at the private equity firm Bain Capital, had the assets of him and his wife, Ann, managed in a blind trust administered by a trustee.

The Romneys "do not control the investment of these assets," said campaign spokeswoman Gail Gitcho.

Romney's investments include energy, finance, health care, industrial firms and telecommunications and high technology, held in more than 160 funds controlled by a variety of major investment firms, the records show.

The records suggest that Romney may have seen an 8 percent fall in his wealth than what he reported during his first White House bid in 2007, but he is still far richer than most, if not all, of his presidential rivals.

The only other candidate who might exceed Romney in personal wealth, former Utah governor and ambassador to China Jon Huntsman, has yet to file a disclosure.

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