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Election 101: Nine facts about Mitt Romney and his White House bid

Mitt Romney has been groomed to run for president. He has the look and the political lineage. He’s been a governor, the quintessential training ground. And he’s essentially never stopped running since he conceded his first White House bid three years ago.

5. How is his war chest?

Jim Mahoney/The Dallas Morning News/AP Photo
Republican Presidential hopeful Mitt Romney speaks during a stop at Rudy's Country Store and Bar-B-Q May 19 in Arlington, Texas.

  • By Ari Pinkus Correspondent

On May 16, Romney raised more than $10 million for his campaign, a one-day demonstration that fundraising is one of his strongest political assets. Previously he focused on raising funds for Free and Strong America PAC, his federal leadership PAC, and affiliated state PACs. The PACs started 2011 with $1.4 million in the bank and raised nearly $1.9 million in the first quarter. Donors include Richard Marriott and Donna Marriott, Goldman Sachs and Bain Capital employees, and Staples CEO Ronald Sargent.

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