Rick Scott’s new worth tops $232 million – Florida Politics

Rick Scott’s new worth tops $232 million

Gov. Rick Scott’s net worth soared to nearly $232.6 million as of the end of 2017, up more than $83 million from a year earlier, according to a financial-disclosure report filed Friday with the state Commission on Ethics.

Click here to view the state financial disclosure.

Scott, who made a fortune in the health-care industry and other businesses before entering politics, has put his investments in a blind trust while serving as Governor. As a result, the new financial-disclosure report did not detail the reasons that his net worth increased substantially in 2017. But the report showed the value of the blind trust at $215 million as of the end of 2017, up from $130.5 million at the end of 2016.

Overall, Scott reported a net worth of about $149.3 million as of Dec. 31, 2016.

The new disclosure listed a home in Naples valued at slightly less than $14.1 million as of the end of 2017, down nearly $1 million from the previous year.

Scott, who is running for the U.S. Senate this year, also listed a $1.5 million residence in Montana, with the value unchanged. Scott’s campaign issued a news release Friday evening that said he will file a federal disclosure report next month that is required for Senate candidates. The campaign said that report will make available additional details about Scott’s investments.

Scott’s campaign also got in a jab directed at U.S. Sen. Bill Nelson.

“Nelson has taken $4.4 million in taxpayer dollars and given himself 12 pay raises during his nearly half century as a career politician,” read the release from the campaign. “He has also never declined his salary, even as Floridians were personally impacted by Congress failing to pass a budget 12 times, including six government shut downs, during his time in office.”

State officials are required to file financial-disclosure forms by July 1 of each year, though they receive a grace period until Sept. 1. The reports typically reflect finances in the previous calendar year.

Material from the News Service of Florida was used in this post.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including Florida Politics and Orlando Rising and Sunburn, the morning read of what’s hot in Florida politics. Schorsch is also publisher of INFLUENCE Magazine. For several years, Peter's blog was ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.
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