00:25 Who Is Asa Hutchinson
02:20 Announcing His Candidacy
03:10 How Much Is Asa Worth?
04:11 What Differentiates Asa?
05:32 How Does He Compare To The Other Candidates
In a presidential race loaded with multimillionaires—as well as the world’s most famous billionaire—former Arkansas Governor Asa Hutchinson stands out as a candidate of relatively modest means, worth an estimated $1.5 million.
Like most Americans his age, the majority of Hutchinson’s wealth is tied up in his home, which he bought 13 years ago for $514,000. Today it’s worth roughly $1.2 million, and he has an estimated $300,000 left on the mortgage. He also has valuable pensions from the federal government and State of Arkansas, estimated to be worth nearly $300,000. Hutchinson spent some time in the private sector, dabbling in blank-check companies before the Great Recession, but he never struck it rich. Today his investment portfolio consists of a random assortment of holdings, including stock in a coffee business, shares of GE Healthcare and a position in the cruise company Norwegian, according to a financial disclosure report he filed a month ago.
It all adds up to a decent amount of money, especially considering where Hutchinson started. Born in Bentonville, Arkansas, he grew up as a farm boy in a nearby town named Gravette, cleaning chicken coops and building fences for his father. Hutchinson headed to South Carolina for college, where he attended a Christian school named Bob Jones University before returning home for law school at the University of Arkansas.
Although his life took him many places, he never strayed too far from Bentonville, his hometown. His first law office sat in the town square, near the local courthouse, where he tried some of his first cases. At the end of the day, he returned home to a double-wide trailer on the west end of town, where he lived with his wife Susan.
Read the full story on Forbes: https://www.forbes.com/sites/kylemullins/2023/08/06/heres-how-much-2024-presidential-candidate-asa-hutchinson-is-worth/?sh=31f29c0333f8
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.