How Mitt Romney Got So Rich... - Business Insider

The filings said that Romney was the "sole shareholder" of Bain Capital in the 1999-2002 period, more than 15 years after Bain Capital was founded.

If this is true, it is very startling, and it raises a host of additional questions:

Why would Romney be the sole shareholder of a firm launched within Bain Consulting? Wouldn't Bain want to own a piece of it?
Why did Romney get 100% ownership of the firm?
Weren't there any other partners added along the way?
Etc.
This is also probably part of the explanation about how Romney got so rich so fast: If he was the sole shareholder of Bain Capital 15+ years after its founding, this would be like Steve Schwarzman being the sole shareholder of The Blackstone Group, a private-equity firm he co-founded and runs. The Blackstone Group trades publicly and is worth more than $6 billion (and has thousands of shareholders in addition to Mr. Schwarzman). So unless Mitt Romney sold out of a lot of his stake in Bain, it would be conceivable that he could be worth a great deal more than the $250 million most people think he is worth.

Read more: http://laborspains.blogspot.com/2012/07/how-mitt-romney-got-so-rich-business.html

Full Story: http://www.businessinsider.com/how-mitt-romney-made-money-2012-7