Alleged billionaire Meg Whitman has reported investments "in firms that sought to profit from the country's credit crisis, in venture capital and hedge funds open only to the wealthy, and in oil, gas, healthcare and other concerns seeking to influence state policy," as the L.A. Times described her holdings today.
This first-ever glimpse into Whitman's financial dealings are detailed in a financial disclosure statement filed with the state Fair Political Practices Commission, and reproduced below.
It's impossible to determine Whitman's exact wealth - thus our "alleged billionaire" designation - because the state forms only require candidates and elected officials to list a range of ownership, including "over $1 million." Forbes magazine lists Whitman as worth $1.2 billion, but that's an estimate as well.
The real interest is where the former eBay CEO parks her money, not necessarily how much she owns in each fund or stock. The Times suggested she could face conflicts if elected governor. Whitman spokeswoman Sarah Pompei said the candidate would "likely" move her holdings into a blind trust if she is victorious "and will scrupulously avoid any conflicts of interest."
Below is Whitman's Form 700 statement of economic interest. We'll post the other major candidates' forms as they come in.
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