Tuesday, June 08, 2010

WHAT'S IN BILL WHITE'S BANK ACCOUNT?

ENOUGH MONEY TO KEEP HIM GOING FOR A WHILE!

Gubernatorial candidate and former Houston Mayor Bill White released his 2009 tax returns today. It shows White is not running low on money. Tax records show White had income of $712,000 last year and paid $170,000 in taxes. Here's the breakdown of his worth which comes to about $6 million:

* Liquid net worth $2,700,000.

* Non-residential real property with an estimated value of $250,000 to $350,000

* Approximately $400,000 in common stock and mutual funds

* IRA accounts with an approximate value of $2 million

* A self-employed retirement account valued at approximately $500,000

* A private equity partnership with an estimated value of $250,000 to $500,000.

* White's Houston Home $2,120,195

* $60,000 in a college fund

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