|

Biography of Mitt Romney

Mitt Romney

Mitt Romney's political career has been brief: After an unsuccessful race against Ted Kennedy for U.S. Senate in 1994, he won his bid for governor of Massachusetts in 2002 and served one term. He used $6.3 million of his own money during the campaign, defeating Democrat Shannon O'Brien in the general election.

With a short political résumé, Mitt Romney draws on his business experience and his role on the 2002 Olympic Games committee as proof of his ability to run the nation.

After graduating from Harvard, Romney began his business career with the Boston Consulting Group in 1974, and went on to become vice president of another Boston-based consulting firm, Bain & Company, Inc. In 1984, he co-founded Bain Capital, a private equity investment firm. He headed the company for 14 years, investing in or buying well known companies such as Staples, Brookstone, Domino's, and Sports Authority. He and his wife have accrued a net worth of between $190 and $250 million.

Romney was brought in as the president and CEO of the 2002 Salt Lake City Olympic Games in 1999 to rescue the games from fiscal crisis. He overhauled the committee's leadership strategy and policies, reduced budgets, and increased fundraising. He also coordinated a $300 million security budget to ensure safety at the Games in the wake of the September 11, 2001 attacks.



|


stay connected

Sign up for our free email newsletters and receive the latest advice and information on all things parenting.

Enter your email address to sign up or manage your account.

Facebook icon Twitter icon Follow Us on Pinterest

editor’s picks

mother’s day cards & crafts

Let your kids
spoil you with
homemade
goodies!

GO

highlights

Printable Spring Fun To-Do List
Enjoy the warmer weather by using this printable checklist of fun springtime activities for your whole family.

Kindergarten Readiness App
It's kindergarten registration time! Use this interactive kindergarten readiness checklist, complete with fun games and activities, to practice the essential skills your child needs for this next big step. Download the Kindergarten Readiness app today!

Top 10 Earth Day Books for Children
Celebrate the environment by reading some of these great children's books about Earth Day, recycling, planting trees, and all things green!

Prom Dress Trends for 2014
Check out 2014 prom dress trends inspired by celebrities’ red carpet looks, but with a price tag under $100!