|

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

jack-o'-lantern creator

Design and print
your own
jack-o’-
lanterns!

GO

highlights

Top 10 Free Homework Help Websites
Is helping your child with homework more frustrating and confusing than ever before, thanks to the new Common Core standards? Check out the best free homework help websites to boost kids' success in math, science, English, and more.

Kindergarten Readiness App Wins Gold
Our Kindergarten Readiness app won the Gold Award of Excellence in the educational category at the 2014 Communicator Awards. This valuable checklist comes with games and activities to help your child practice the essential skills she needs for kindergarten. Download the Kindergarten Readiness app today!

11 Fantastic Fall Apple Desserts
Nothing says fall like the smell of an apple dessert baking in the oven. Use up your family's surplus of apples with our 11 favorite apple dessert recipes.

Find Today's Newest & Best Children's Books!
Looking for newly released books for your child? Try our new Book Finder tool to search for new books by age, type, and theme, and create reading lists for kids!