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He did not seek re-election in 2006, instead focusing on his campaign for the Republican nomination in the 2008 U. Romney's considerable net worth, estimated in 2012 at 0–250 million, helped finance his political campaigns prior to 2012.
George was now serving in President Richard Nixon's cabinet as United States Secretary of Housing and Urban Development. military draft for the Vietnam War, Romney sought and received two 2-S student deferments, then a 4-D ministerial deferment while living in France as a Mormon missionary.
After stepping down from Bain Capital and his local leadership role in the LDS Church, Romney ran as the Republican candidate in the 1994 Massachusetts election for U. Years later, a successful stint as President and CEO of the then-struggling Salt Lake Organizing Committee for the 2002 Winter Olympics led to a relaunch of his political career.
Elected Governor of Massachusetts in 2002, Romney helped develop and then signed into law the Massachusetts health care reform legislation, the first of its kind in the nation.
Romney became a management consultant and in 1977 secured a position at Bain & Company.
Later serving as Bain's chief executive officer (CEO), he helped lead the company out of a financial crisis.
The firm's first significant success was a 1986 investment to help start Staples Inc., after founder Thomas G.