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Perry supplemented wealth with profitable deals

By Chris Tomlinson

Associated Press

Published: Thursday, Sept. 15 2011 1:11 a.m. MDT

In this Aug. 14, 2011, photo, Republican presidential candidate Texas Gov. Rick Perry walks with his wife Anita as they arrive at the Black Hawk County Republican Party Lincoln Day Dinner in Waterloo, Iowa. Perry is a man of modest means when it comes to presidential candidates. But he has been able to supplement his government salary with more than $1 million from deals involving political backers.

Charles Dharapak, Associated Press

Enlarge photo»

AUSTIN, Texas — Texas Gov. Rick Perry is a man of modest means when it comes to presidential candidates. But he has been able to supplement his government salary with more than $1 million from deals involving political backers.

In 2007, Perry made $800,000 by selling land he had gotten from a Republican friend in the Legislature. Earlier, he made a quick profit selling stock in a company owned by a top campaign donor. Perry's office says the deals were legal and fully disclosed.

In all, Perry and his wife have earned about $2.4 million from real estate, stock trades, oil and gas leases and two trust funds.

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