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Mitt Romney Net Worth

Twenty-five years of leveraged buyouts, an Olympics rescue, and a career in office.

By Net Worth Watch Editorial · Reviewed by Net Worth Watch Research

Last updated Nov 3, 2026 · 2 min read

Portrait photograph of Mitt Romney
Photo: United States Congress, public domain, via Wikimedia Commons

Estimated net worth

$400 Million

USD · As of November 3, 2026

Source of wealth
Bain Capital, Retirement accounts, Property
Nationality
United States
Estimate by
CelebrityNetWorth

What is Mitt Romney’s net worth?

CelebrityNetWorth puts Mitt Romney’s net worth at $400 million in a profile dated 3 November 2026. His own filings have always been narrower than that.

The 2012 presidential campaign pointed to $80 million to $255 million, and his 2018 Senate disclosure was narrowed to $190 million to $250 million. The gap reflects private holdings whose value is not published.

Sources of wealth

Bain Capital is the origin. Romney left Bain and Company in 1984 to start the private equity firm, and by the time he left in 1999 it managed more than $4 billion and he had accumulated hundreds of millions from carried interest and investments.

An IRA worth $102 million in 2012 and a property portfolio in four states sit alongside those holdings.

How the fortune was built

He was born in Detroit in 1947, the son of a car executive who became governor of Michigan, and studied at Stanford, Brigham Young and Harvard, where he took both a law and a business degree.

After Bain he ran the Salt Lake Organizing Committee for the 2002 Games, was governor of Massachusetts from 2003 to 2007, lost the 2012 presidential election to Barack Obama and served as senator from Utah from 2019 to 2025.

How we estimate it

We publish the CelebrityNetWorth estimate dated 3 November 2026 and list the disclosures behind it. Tax returns released in 2012 showed $42.7 million of income over two years at an effective rate of 14 percent; returns for 2015 to 2017 showed $83.8 million.

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