Mitt Romney -- Compensation & Financial Record
Mitt Romney Position: U.S. Senator, Utah (2019--2025); Presidential candidate (2012) Party: R
Government Compensation Annual salary: $174,000 (Senate rank-and-file) Total Senate salary earned: approximately $1,044,000 (6 years)
Retirement Romney is eligible for a deferred FERS pension beginning at age 62 with 6 years of service. Estimated annual pension: approximately $10,000--$17,400 per year based on FERS formula. This represents a negligible fraction of his disclosed net worth. Romney retired from the Senate in January 2025.
Financial Position Net worth at entry to Senate (2019): up to $270,000,000 Primary source: Senate campaign financial disclosure filed March 2018 Access: https://www.disclosure.senate.gov - search "Romney, Mitt" Voluntarily released tax returns (2015--2017): combined income $83,800,000 over 3 years ($41,500,000 in 2015, $20,000,000 in 2016, $22,300,000 in 2017) Primary source: Tax returns released by Romney campaign, October 2018 Reported at: https://www.deseret.com/2018/10/25/20657041/gop-senate-candidate-mitt-romney-made-83-8-million-in-the-past-three-years
Net worth at exit (2025): No primary source document available.
Post-Government Income Romney retired from the Senate in January 2025. Post-government income: No primary source document available. Official disclosure requirements end upon departure from government service.
Campaign Finance Senate 2018: FEC Candidate ID: S8UT00176 Direct link: https://www.fec.gov/data/candidate/S8UT00176/ Presidential 2012: FEC Candidate ID: P80003353 Direct link: https://www.fec.gov/data/candidate/P80003353/
Primary Sources
Senate Financial Disclosure Portal: https://www.disclosure.senate.gov
Voluntarily released tax returns (2018): https://www.deseret.com/2018/10/25/20657041/gop-senate-candidate-mitt-romney-made-83-8-million-in-the-past-three-years
FEC (Senate): https://www.fec.gov/data/candidate/S8UT00176/
FEC (Presidential): https://www.fec.gov/data/candidate/P80003353/
Notes Romney's wealth was accumulated primarily through his career at Bain Capital prior to government service. His Senate salary of $174,000 per year represents a negligible fraction of his annual investment income during his tenure. Post-government income: No primary source document available. Official disclosure requirements end upon departure from government service.
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