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Heinz Kerry's family fortune worth estimated $1 billion
Los Angeles Times ^ | June 27, 2004 | Ralph Vartabedian

Posted on 06/27/2004 4:09:31 AM PDT by Liz

Teresa Heinz Kerry, through a network of investments in blue-chip corporations, venture capital funds and municipal bonds, controls a family fortune worth an estimated $1 billion, an analysis of public records shows.

The $1 billion figure is double the estimates of her wealth that are widely cited in news stories about her husband, Sen. John F. Kerry, the presumptive Democratic nominee for president.

The couple would rank as the wealthiest to occupy the White House, far surpassing such storied presidential fortunes as the Kennedys'. Their assets are so vast and far-reaching that they mirror the U.S. economy and will probably raise questions about conflicts of interest.

"She represents a new ballgame in terms of her wealth and in terms of the wealth she controls," said Kevin Phillips, a political commentator and author of the history "Wealth and Democracy."

Heinz Kerry's investments, worth an estimated $500 million in 1995, have grown over the past nine years to $1 billion or more, even accounting for large living expenses and charitable contributions, according to an analysis of Securities and Exchange Commission filings, Senate financial disclosure reports, probate documents and other public records.

Because key details of Heinz Kerry's investments are not in the public record, a precise valuation is not possible. The Los Angeles Times' analysis produced estimates as low as $900 million and as high as $3.2 billion. Three senior executives at investment companies that handle accounts for wealthy clients reviewed the Times' study and said the $1 billion valuation was a fair and conservative estimate.

--SNIP--

(Excerpt) Read more at startribune.com ...


TOPICS: Extended News; Politics/Elections
KEYWORDS: billionaire; billionaires; botox; democrat; demoncrat; dimmocrat; dumbocrat; election; forsalebyowner; fsbo; gigolo; heinz; kerry; ketchup; millionaire; monopoly; politician; politicianforsale; politics; richsnob; shelookslikeamillion; teresa; teresaheinz; wealth; wealthy
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To: Liz

Maybe she's paying people to rate her a 10 here:

http://scoreboards.hotornot.com/2004electionwives

Guys, we can get her number back down to reality, but be sure to vote kindly for the lovely Laura Bush while you are there.


21 posted on 06/27/2004 9:42:08 AM PDT by sharktrager (George Clooney has rubber nipples.)
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To: True Capitalist
Heinz Kerry paid $750,000 toward her 2003 federal, state and local income tax liability at the time of the extension filing, or about 32 percent of her gross taxable income.

So, Heinz Kerry paid 0.075% of her total wealth in taxes.

0.075%

One seventy five thousanths of one percent.

That is equivalent to paying less than eight cents:

on the wealth of one hundred dollars:

Hey, Kerry!

You want to "Tax The Rich"?

Then propose a Wealth Tax of 5% a year on all inherited wealth over $50 million.

That would make your wife's 2003 tax bill $50 million and she would still have $950 million left over.

22 posted on 06/27/2004 10:10:31 AM PDT by Polybius
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To: mewzilla

Can't wait to see that tax info....



It'll be published at about the same time as the details of the blind trust.


23 posted on 06/27/2004 10:33:01 AM PDT by bert (Don't Panic !)
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Estimate of Heinz Fortune Doubled Bay lawmakers among wealthiest -Feinstein and Pelosi continue to top the list

Democrats, party of the little people

24 posted on 06/27/2004 1:45:31 PM PDT by KneelBeforeZod (Deus Lo Volt!)
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Bay lawmakers among wealthiest -Feinstein and Pelosi continue to top the list

oopsie

25 posted on 06/27/2004 1:46:48 PM PDT by KneelBeforeZod (Deus Lo Volt!)
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Teresa on the Stump, Teresa Heinz Kerry, from Mozambique, PRO-ABORTION Catholic, UN Employee, etc.

Teresa Heinz Kerry, Drummond Pike and the Communist TIDES FOUNDATION

Kerry, Candidate and Catholic, Creates Uneasiness for Church

A Primer on Canon 915 Can. 915 Those upon whom the penalty of excommunication or interdict has been imposed or declared, and others who obstinately persist in manifest grave sin, are not to be admitted to holy communion

Excommunicate Kerry Website

Catholics Against Kerry

1400 Ecclesial communities derived from the Reformation and separated from the Catholic Church, "have not preserved the proper reality of the Eucharistic mystery in its fullness, especially because of the absence of the sacrament of Holy Orders."236 It is for this reason that Eucharistic intercommunion with these communities is not possible for the Catholic Church. However these ecclesial communities, "when they commemorate the Lord's death and resurrection in the Holy Supper . . . profess that it signifies life in communion with Christ and await his coming in glory."237

Can.  844 §1. Catholic ministers administer the sacraments licitly to Catholic members of the Christian faithful alone, who likewise receive them licitly from Catholic ministers alone, without prejudice to the prescripts of §§2, 3, and 4 of this canon, and ⇒ can. 861, §2.

The Bible and homosexuality [Kerry thinks the bible is for homosexuality]

Kerry’s Dirty Deeds (How, pray tell, do they comport with religious belief

Vatican Worries About Kerry

John Kerry and Unborn Victims

Catholic Pro-Abortion, Pro-Homosexual

Catholic and 100% Pro Abortion

Catholics Kerry and Kennedy have a 100% Pro-homosexual Record with the Human Rights Campaign! Page 10,11

26 posted on 06/27/2004 9:21:08 PM PDT by Coleus (Roe v. Wade and Endangered Species Act both passed in 1973, Murder Babies/save trees, birds, algae)
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To: Liz

27 posted on 06/29/2004 12:48:51 PM PDT by New Perspective (Proud father of a 6 month old son with Down Syndrome)
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To: New Perspective

Enough money to have a vice grip put on the plane fuel line.


28 posted on 06/29/2004 12:50:19 PM PDT by bmwcyle (<a href="http://www.johnkerry.com/" target="_blank">miserable failure)
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