After years of secrecy, Democrat millionaire John Hickenlooper finally revealed he’s worth at least $8 million and upwards of nearly $24 million, and owns stocks in major pharmaceutical companies, Exxon Mobil, and Apple.
That should set some teeth on edge among Democrats who are blindly backing the former governor to lead the race for the party’s U.S. Senate nomination.
Sure the investments are in a blind trust for office holders.
But the trusts aren’t so blind that office holders can’t access them to file reports and see, in Hickenlooper’s case for example, he owns:
- Proctor and Gamble, between $1 million and $5 million
- Merck Pharmaceuticals, up to $500,000
- Duke Energy, up to $500,000
- Exxon Mobil, up to $500,000
- Coca-Cola, up to $500,000
- Apple, up to $500,000
- ADP payroll, up to $500,000
And those are just the ones the Colorado Sun wrote about.
Hickenlooper income since January 2018 was upwards of $2.4 million.
Most of the income came from investment returns and dividends, but the totals also include his final year of salary from the state and his pension from his time as Denver mayor.
Hickenlooper’s campaign spokesperson tried to soften the public blowback by promising Hickenlooper would donate his Senate salary if elected.
Not much of a sacrifice for a millionaire, especially considering his congressional pension and health care coverage is worth a heck of a lot more than the salary.
As if he needs any more money, Hick’s mayoral, state and congressional pensions alone will provide a very comfy retirement.