Mitt Romney Biography, Education, Career, Controversies, And Net Worth
|Willard Mitt Romney was born on March 12, 1947, at Harper University Hospital in Detroit, Michigan. He is one of four children born to automobile executive George W. Romney and former actress and homemaker Lenore Romney. Romney’s family had strong ties to the Mormon Church, with ancestors who converted to Mormonism in its early days. He grew up with three older siblings, Margo, Jane, and Scott. Romney was named after a family friend, businessman J. Willard Marriott, and his father’s cousin, Milton “Mitt” Romney.
Mitt Romney Profile
Name | Mitt Romney |
Real Name | Willard Mitt Romney |
Date of Birth | 12 March 1947 |
Age | 76 years |
Nationality | American |
Occupation | Politician, Businessman, and Lawyer |
Religion | Christianity |
Marital Status | Married |
Net Worth | $450,000 |
Copied from | contents101.com |
Educational Background
Romney attended public elementary schools until seventh grade. He then enrolled as one of the few Mormon students at Cranbrook School, a private boys’ preparatory school. Romney later attended Stanford University during the 1965–1966 academic year. After his academic pursuits, he embarked on a 30-month stint in France as a Mormon missionary.
Career
After completing his joint Juris Doctor/Master of Business Administration program at Harvard Law School and Harvard Business School, Romney embarked on a successful business career. He joined the Boston Consulting Group (BCG) as a management consultant. Romney later moved on to work at Bain & Company, a leading management consulting firm. He quickly rose through the ranks and became a Vice President.
In 1984, he co-founded Bain Capital, a private equity investment firm. Under his leadership, Bain Capital became highly profitable and successful. Romney’s business acumen and success in turning around struggling companies became a central theme in his political career. After completing his joint Juris Doctor/Master of Business Administration program at Harvard Law School and Harvard Business School, Romney embarked on a successful business career.
He joined the Boston Consulting Group (BCG) as a management consultant. Romney later moved on to work at Bain & Company, a leading management consulting firm. He quickly rose through the ranks and became a Vice President. In 1984, he co-founded Bain Capital, a private equity investment firm. Under his leadership, Bain Capital became highly profitable and successful. Romney’s business acumen and success in turning around struggling companies became a central theme in his political career.
Romney’s public service career began when he was elected Governor of Massachusetts in 2003. He served one term from 2003 to 2007. As Governor, he enacted significant healthcare reform, known as “Romneycare,” which aimed to provide healthcare coverage to nearly all residents of Massachusetts. Romney also worked on education reform, environmental issues, and balancing the state’s budget.
One of the highlights of Romney’s career was his role in leading the organizing committee for the 2002 Winter Olympics in Salt Lake City, Utah. He took over as President and CEO of the Salt Lake Organizing Committee (SLOC) when it was facing financial and organizational difficulties. Romney successfully turned the Olympics around, making them a great success, both financially and logistically.
Romney ran for the U.S. Senate in Massachusetts in 1994 but lost to incumbent Senator Ted Kennedy. He made another bid for the U.S. Senate seat in Utah and was elected as the U.S. Senator from Utah in 2018. Romney ran for President of the United States twice. In 2012, he secured the Republican nomination for President and ran against incumbent President Barack Obama. Although he did not win the presidency, he garnered significant support from the Republican Party.Romney also briefly explored running for the 2016 presidential election but decided against it.
Controversies
One of the significant controversies during Romney’s political career arose from the comparison between the healthcare reform he enacted as Governor of Massachusetts (known as Romneycare) and the Affordable Care Act (commonly known as Obamacare) implemented during the presidency of Barack Obama. Critics argued that there were similarities between the two, which raised concerns among some conservatives and created a perception of inconsistency in Romney’s stance on healthcare.
During the 2012 presidential campaign, a video surfaced in which Romney made comments at a private fundraiser that were perceived by some as dismissive of a significant portion of the population. He mentioned that 47 percent of Americans were dependent on government assistance and unlikely to vote for him. These comments were criticized for appearing out of touch with a large segment of the population and were widely covered in the media, impacting his campaign.
Romney has been both a critic and a supporter of former President Donald Trump. His outspoken criticism of Trump’s character and behavior led to tensions within the Republican Party. He voted to impeach Trump during his first impeachment trial. While his principled stance gained him respect among some moderates and Democrats, it also made him a target of criticism from Trump’s loyal supporters within the party.
During the 2012 presidential debates, Romney made a comment about receiving “binders full of women” when discussing his efforts to appoint more women to positions in his cabinet as Massachusetts Governor. This comment was criticized for being awkward and out of touch with women’s issues.
Romney faced pressure to release multiple years of his tax returns during the 2012 presidential campaign. His decision to release only two years’ worth of returns and the delay in doing so led to questions about his financial transparency.
Critics have accused Romney of changing his positions on various political issues over time. This perception of flip-flopping on topics like abortion, healthcare, and gun control has been a point of contention in his political career.
Mitt Romney Social Media Handle
In October 2019, it was revealed that Mitt Romney used a secret Twitter account to keep tabs on the political conversation. The account was named “Pierre Delecto” and had tweeted infrequently in reply to other tweets. Romney confirmed that the account was his. Mitt Romney is on Instagram @.
Personal Life
During his time in France as a missionary, Romney gained an affection for the country and its people. He has remained fluent in French. He married Ann Davies in 1969. They married first in a civil ceremony in Bloomfield Hills and then in a Mormon wedding ceremony at the Salt Lake Temple.
The Romneys have five sons: Taggart, Matthew, Joshua, Benjamin, and Craig. Romney graduated from Brigham Young University (BYU) with a Bachelor of Arts degree in English in 1971.
He later pursued a joint Juris Doctor/Master of Business Administration program at Harvard Law School and Harvard Business School, graduating cum laude in 1975.
Mitt Romney Net Worth
Mitt Romney is estimated to be worth around $450,000.