Rick Scott's Personal Wealth Has Soared While in Office

Categories: Politicks

Rick_Scott_mug_560.jpg
One of the hazards of having a governor who financed his way into office with his own immense fortune is that he probably has money stashed in all kinds of places that conflict with his political decisions. That certainly applies to our own magnate-turned-leader.

New disclosures this morning show that Scott's wealth has ballooned by more than 50 percent while in office in part because he and his wife sold a chain of clinics doing the same kind of drug testing he wanted to implement for state workers and welfare recipients. News of his growing fortune comes as Scott is fending off new attacks for another investment, in an oil company drilling close to protected Everglades territory. Being rich is hard!

Since taking office in 2011, Scott's wealth has jumped from $84 million to almost $133 million, according to disclosures he filed yesterday while qualifying for re-election. They show he earned gross income of $9.3 million in 2010, $80.3 million in 2011, and $8.7 million in 2012, with the big boost in 2011 likely due to his sale of Solantic, the chain of health care clinics.

His personal fortune, of course, came from a $300 million golden parachute from Columbia/HCA, the health care giant he helped found that was later forced to pay a $1.7 billion fine for Medicare fraud -- the largest in U.S. history.

Scott has tried to walk an ethical line as governor by placing his millions in a blind trust, meaning he doesn't personally have knowledge about where the money is being invested.

But that hasn't stopped conflicts from arising. The latest came last week when news broke that Scott has a $135,000 investment in Schlumberger Ltd., a French company that's drilling for oil in Collier County near the Everglades.

Even though the cash is in a blind trust, environmentalists say the stake makes the governor -- who oversees the Department of Environmental Protection -- hopelessly tainted.

"To have a governor who invests our money for Everglades restoration but also supports a company that wants to drill in the Everglades makes me very uncomfortable," Alexis Meyer, a Sierra Club organizer, tells the Miami Herald.

Even the notion of a blind trust may violate state rules. Scott's disclosure comes amidst a looming lawsuit claiming the trust breaks the Sunshine Amendment because the public can't see all of Scott's personal investments.

Scott's likely opponent, Charlie Crist, also filed his first disclosures yesterday. His wealth has also doubled, but Crist is just a regular rich guy.

His net worth still stands at just $1.2 million. Most of his cash came from his job working for the Morgan & Morgan law firm, which paid him $700,000 last year.

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47 comments
Likrish Sasha
Likrish Sasha

I am sorry, why is this news? This applies to every bloody corrupt politician. Next he will work in the private sector for some lucrative salary and get paid for speeches...The human world is a ridiculous place...

Jeff Dearing
Jeff Dearing

Blind trust my ass! Why isn't this rotten bastard in jail?

Shayla Walsh
Shayla Walsh

Obamas wealth is nothing compared to Scott's. He makes $400,000 a year, the same as EVERY president. Plus, if you think about the combined income they are actually losing money. Michelle used to make close to $300,000 a year as an exec at the hospital she worked for in Chicago.

Nicki Wood
Nicki Wood

Looks like he stopped going to the tanning bed.

Chris Cvnt
Chris Cvnt

and we're what surprised by this asshole? how about we tax the shit out of him.

Gerry Garcia
Gerry Garcia

He's a crook and now the people who voted him in are upset because he's corrupt. Then again, what do you expect from a politician.

DRAKEMALLARD.0
DRAKEMALLARD.0 topcommenter

The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the Senate, the Congress, the state houses, the city halls. They got the judges in their back pockets and they own all the big media companies, so they control just about all of the news and information you get to hear. They got you by the b alls. They spend billions of dollars every year lobbying. Lobbying to get what they want. Well, we know what they want. They want more for themselves and less for everybody else, but I’ll tell you what they don’t want. They don’t want a population of citizens capable of critical thinking. They don’t want well-informed, well-educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. That’s against their interests. That’s right.  They want your fu*kin' retirement money. They want it back so they can give it to their criminal friends on Wall Street. And you know something? They’ll get it. They’ll get it all from you sooner or later 'cause they own this fu*kin' place. It’s a big club and you ain't in it. You and I are not in the big club. By the way, it’s the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head with their media telling you what to believe, what to think and what to buy. The table is tilted, folks. The game is rigged and nobody seems to notice. Nobody seems to care. Good, honest, hard-working people: white collar, blue collar, it doesn’t matter what color shirt you have on. Good, honest, hard-working people continue — these are people of modest means — continue to elect these rich c0cksuckers who don’t give a fu*k about them. They don’t give a fu*k about you. They don’t give a fu*k about you. They don’t care about you at all! At all! At all! And nobody seems to notice. Nobody seems to care. That’s what the owners count on. The fact that Americans will probably remain willfully ignorant of the big red, white and blue d!ck that’s being jammed up their as sholes every day, because the owners of this country know the truth. It’s called the American Dream, 'cause you have to be asleep to believe it.  


George Carlin

Dan Supertramp
Dan Supertramp

Hey, if you don't like him then show up when it's time to vote him out. I'll be there.

SethPlatt
SethPlatt topcommenter

Blind trust, more like no trust...

Jorge Casas
Jorge Casas

Cari Gonzalez see, this is some REAL bullshit!!!

Carlos Rosario
Carlos Rosario

Yea, like if he needs more, greed will catch up to him

Michael Mariano
Michael Mariano

Isn't this the same asshole against raising the minimum wage?

Stefano Alessio
Stefano Alessio

According to the article, "Since taking office in 2011, Scott's wealth has jumped from $84 million to almost $133 million, according to disclosures he filed yesterday while qualifying for re-election. They show he earned gross income of $9.3 million in 2010, $80.3 million in 2011, and $8.7 million in 2012, with the big boost in 2011 likely due to his sale of Solantic, the chain of health care clinics. His personal fortune, of course, came from a $300 million golden parachute from Columbia/HCA, the health care giant he helped found that was later forced to pay a $1.7 billion fine for Medicare fraud -- the largest in U.S. history."

Jany D'Vahle
Jany D'Vahle

We should all post this on the President's Facebook page, twitter, etc...it's he taxpayer's money!!! Why can the prosecute people like him?

Brandon Agosto
Brandon Agosto

Oh wow big fucking surprise the crook got richer

Adrian Popescu
Adrian Popescu

Sh'it that office growing money like crazy ! Can we replace this people with the technology so .... Like they tray to replace our jobs with technology ! How sound ?

Joseph Degli
Joseph Degli

And your presidents has Sextupled, good journalism

Christian Meighan
Christian Meighan

Every politician gets significantly richer in office. Very few are already wealthy before going into office.

HarryTheHandyman
HarryTheHandyman topcommenter

Oil drilling in and around the Everglades has been going on for 70 years.  Nothing new.

EzƦă VɅǹ
EzƦă VɅǹ

You probably make pretty good money moonlighting for he Blue Man Group.

Jeffrey Knight
Jeffrey Knight

He never heard about putting his considerable wealth into a "blind trust". (Did he keep shares of his former company, Columbia-HCA?)

David Detweiler
David Detweiler

it's most politicians. Most are all sanctimonious and make public outcries and promises for their parties stance. How they have time while making good on these promises to amass more than they had before office is a parlour trick.

Bob Horton
Bob Horton

WE should all have a blind trust!

Elise Yany-Fleishman
Elise Yany-Fleishman

Look at the Obama's they are now multi millionaires lol, before his presidency he was a mere community organizer and a senator on a fixed income... Corrupt. Scott was wealthy before he went in office.

Michael del Vice
Michael del Vice

^ obviously it pays enough for politicians in south florida.

Carl Snyder
Carl Snyder

.... And you said crime doesn't pay.

SethPlatt
SethPlatt topcommenter

@HarryTheHandyman This company was accused of Fracking. That's new and damaging to the underground water supplies.

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