From Deseret News archives:
Palin's uniquely Alaskan assets estimated at $1.2M
Add up the couple's 2007 income and the estimated value of their property and investments and they appear to be worth at least $1.2 million. That would make the Palins, like Democratic vice presidential rival Joe Biden and his wife Jill, well-off but not nearly as wealthy as multimillionaire couples John and Cindy McCain and, to a lesser extent, Barack and Michelle Obama.
One measure of financial health: While there is a home loan, Palin reported no personal credit card debt on her most recent financial report as Alaska governor. That compares to average household credit card debt among Americans of $9,840 last year.
A more complete picture will come when Sarah Palin outlines her personal finances in federal paperwork in coming days. It will include details of any mortgage debt and at least rough dollar totals for bank accounts and investments.
Palin this week characterized herself as "an everyday, working-class American" who knows how it feels when the stock market takes a hit.
In addition, each member of the Palin family received $1,654 in state oil royalties paid to all Alaskans.
The Palins' assets seem enviable: a half-million-dollar home on a lake with a float-plane at the dock, two vacation retreats, commercial-fishing rights worth an estimated $50,000 or more and an income last year of at least $230,000.
Recent comments
I, am so happy, that Sarah Palin and her husband have pieced together...
Brother Chuck Schroeder | Oct. 2, 2008 at 3:54 p.m.
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