Senate candidate Hovde has at least $50M in assets

Posted:

By Tiffany Yapp - email

MILWAUKEE (WKOW) -- The wealthiest candidate in the U.S. Senate race appears to be Republican candidate Eric Hovde.

A financial statement provided to the Senate Ethics Committee shows he has assets of at least $50 million.

The Madison businessman's assets range from roughly $58 million to $240 million, with holdings in myriad stocks, banks, real estate, as well as an investment in the Cayman Islands.

His liabilities in loans, lines of credit and credit cards range from $5.2 million to $25.4 million.

According to the Milwaukee Journal Sentinel, the financial statements cover January 1, 2011 to June 29.

Hovde is running against former U.S. Rep. Mark Neumann, former Gov. Tommy Thompson and Assembly Speaker Jeff Fitzgerald in the Aug. 14 primary. The winner will face U.S. Rep. Tammy Baldwin in November.

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