Wow, it must be nice. As Gov. Warner likes to say, "you hear an annoying ring tone, I hear ka-ching, ka-ching!" :)
MARK WARNER FILES PERSONAL FINANCIAL DISCLOSURE WITH U.S. SENATEALEXANDRIA - Former Governor Mark R. Warner today released the Public Financial Disclosure Report filed with the U.S. Senate Committee on Ethics listing his income, assets, and liabilities. Because of the broad monetary ranges allowed within the report, Governor Warner's assets are valued somewhere between $88 and $390 million. However, the Governor previously has indicated his net worth is about $200 million.
Aside from some cash, retirement accounts, and real estate, Governor Warner's assets have been held in trust established after he was elected Virginia Governor in 2001. Governor Warner has not made investment decisions since the trusts were established, and did not have knowledge of his holdings until after he left the Governor's Office in January 2006."The aim of the trust managers has been to invest Governor Warner's assets in a diversified and balanced way," said Kevin Hall, communications director for Friends of Mark Warner. "The assets have been invested in a portfolio that reflects a risk and return profile that is appropriate for an individual of the Governor's financial circumstances, and that is consistent with similar investment trusts."
Warner, 53, is a self-made business executive, philanthropist and public official. Raised in a middle-class family in Indiana and Connecticut, Warner used part-time jobs and student loans to become the first member of his family to graduate from college. After graduating from The George Washington University and Harvard Law School in 1980, Governor Warner's first two business ventures failed quickly. He then got involved in the earliest days of the cellular phone business, co-founded Nextel, and was a founding partner of Columbia Capital, the largest technology venture capital fund in the mid-Atlantic region.
Governor Warner has been actively involved in several major non-profit organizations, co-founding the Virginia Health Care Foundation and the Virginia High-Tech Partnership. His philanthropic efforts have helped, among others, the Juvenile Diabetes Research Foundation and Venture Philanthropy Partners, a philanthropic investment organization that works to build strong, non-profit institutions serving at-risk children in the National Capital Region.
If elected to the U.S. Senate, Governor Warner will place his assets in a blind trust.
That being said. We should definitely continue to donate to the Warner campaign. a large number of donations translates as a large base of support. If not for financial reasons, I still intend to kick in a few bucks for political reasons. I encourage all to go ahead and do that.
$20 is not something that is out of reach of most. I know even that stretches some folks in this disaster of an economic collapse we all should see coming. But still, kick in a bit to get invested in this thing.
Just because MRW is wealthy, doesn't mean he doesn't need grassroots support. $5, $10 here or there will help and it's small donors at a large level that help the candidate.
So, I apologize if anyone thought I was pulling the "troll" card! It was nothing personal.
But good GOD $200,000,000 !!!!!