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News Friday, Jan 6 2012

Bloomberg: Santorum Becomes Millionaire In Six Years After U.S. Senate Loss

Jan 06, 2012

On January 5, 2012, Bloomberg reported:

Former Pennsylvania Senator Rick Santorum describes himself on the campaign trail as a frugal man of faith and limited means.

[…]

Since his 2006 re-election defeat, the former Pennsylvania lawmaker has gone from being one of the poorer members of the U.S. Senate to earning $1.3 million between January 2010 and August 2011. In 2007, he spent $2 million to buy a 5,000-square foot home in Great Falls, Virginia, according to property records.

Santorum’s financial rise was powered by consulting contracts with fuel producer Consol Energy Inc. (CNX), faith advocacy group Clapham Group and American Continental Group, a Washington consultancy, as well as media engagements.

Read the whole article here.


Published: Jan 6, 2012

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