Jeb Bush's Net Worth: Up to $22M

He has made $29M since serving as Florida's governor
By John Johnson,  Newser Staff
Posted Jun 30, 2015 7:03 PM CDT
Jeb Bush's Net Worth: Up to $22M
Jeb Bush has made a nice living since leaving the governor's office in Florida.   (AP Photo/Pablo Martinez Monsivais, File)

Jeb Bush raised the pressure on his fellow candidates today by releasing 33 years worth of tax returns on his campaign website, with most stories focusing on the $29 million he has earned since leaving the Florida governor's office. He made that total from 2007 to 2013, mostly as a consultant to companies such as Lehman Brothers and Barclays or as a paid speaker, reports CNN. His campaign estimated Bush's net worth as between $19 million and $22 million. That's about 14 times Bush's worth when he was governor in 2007, notes Bloomberg. He's put his money since then "into an array of investments including offshore holdings and business ventures in the shipping and oil industries," it adds.

Over the 33 years, Bush has paid an average effective tax rate of 36%, a fact that he called "astounding" and evidence of the need for tax reform, reports Politico. "I think I speak for everyone, no matter your tax rate: we need to get more money back in your pocket and less in the federal kitty.” Bush has given about $750,000 to charity since leaving the governor's office. One weird nugget: Bush reported $6,575 in gambling winnings in 2013—the table prize at a dinner he attended. Bush's returns for 2014 were not among those released. (More Jeb Bush stories.)

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