Carly Fiorina has released by far the most detailed financial disclosure of any presidential candidate. The document details to a penny her net worth: $58,954,494.88.
Here’s the entire 87-page document:
“I’ve taken hundreds of questions–whether about hot dogs or my personal finances–and I think it’s all fair game. I think leadership of any kind requires trust and transparency and voters should demand no less from their political leadership in government,” Fiorina writes in a statement to the press.
In the same email, Fiorina’s spokeswoman breaks down some of the numbers:
The Fiorinas’ net worth is $59 million. This includes all financial assets, bank accounts, and real property. Note that real property is not required on the PFD. This means that if you are comparing her net worth to other candidates, you will need to add their real property to their PFD range.
In 2012 and 2013, the Fiorinas’ effective tax rate (federal, state, and local) was 30%. Their effective federal tax rate was 20%. Note that this is different than their marginal rate. I will be cranky if I see someone conflate the two.
In those years, the Fiorinas gave an average of 14% of their income to 501c(3) institutions. As you know, this does not account for her time. Carly has served in multiple charitable roles, including as Chairman of Good 360 and Opportunity International. As you can see from her tax returns, she did not accept compensation for either of these positions.