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Rick Scott’s wealth grew after spending millions on campaign

in Statewide/Top Headlines by

Florida Gov. Rick Scott continues to see his wealth grow even after spending millions on his own re-election campaign.

Scott filed his annual financial disclosure forms Tuesday. Scott’s net worth was nearly $146.6 million by the end of 2014, a jump of nearly 11 percent over 2013.

Scott’s wealth increased even though he dipped into his own fortune to help with his re-election campaign. Scott spent nearly $13 million of his money.

Most of his wealth is shielded from public view. He has nearly $128 million in a blind trust and the individual assets are not disclosed. Legal attempts to block Scott from utilizing a blind trust haven’t been successful.

Scott’s lawyers have also been successful so far against a lawsuit that contends he hasn’t disclosed the full amount of his wealth.

Republished with permission of The Associated Press. 

Phil Ammann is a St. Petersburg-based journalist and blogger. With more than three decades of writing, editing and management experience, Phil produced material for both print and online, in addition to founding HRNewsDaily.com. His broad range includes covering news, local government and culture reviews for Patch.com, technical articles and profiles for BetterRVing Magazine and advice columns for a metaphysical website, among others. Phil has served as a contributor and production manager for SaintPetersBlog since 2013. He lives in St. Pete with his wife, visual artist Margaret Juul and can be reached at phil@floridapolitics.com and on Twitter @PhilAmmann.

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