Gingrich's net worth has risen sharply since he left Congress
2. Newton Leroy “Newt” Gingrich ($6.7 million to $30.1 million)
After leaving Congress in 1999, The former House speaker started a number of for-profit companies. Between 2001 and 2010, the companies he and his wife owned in full or part had revenues of almost $100 million.
Gingrich’s assets were valued between $7.3 million and $30.7 million in 2010, the majority of which came from a multimillion-dollar “promissory note” from the Gingrich Group, LLC to Gingrich Productions, Inc., entities that are part of Gingrich’s network of nonprofit and for-profit organizations.
Gingrich Communications promoted Gingrich’s public appearances, including his Fox News contract and his Web site, newt.org. Gingrich received as much as $60,000 for a speech, and did as many as 80 in a year.
One of Gingrich’s nonprofit groups, Renewing American Leadership, which was founded in March 2009, paid Gingrich Communications $220,000 over two years; the charity shared the names of its donors with Gingrich, who could use them for his for-profit companies.
Gingrich Communications, which employed 15 people at its largest, closed in 2011 when Gingrich began his presidential campaign.
PREVIOUS: Mitt Romney NEXT: John Huntsman
