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Mitt Romney is an American businessman and retired politician known for his roles as a United States senator from Utah (2019-2025) and the 70th governor of Massachusetts (2003-2007). As a member of the Republican Party, Romney has been a prominent figure in American politics for several decades. Notably, he was the Republican Party's nominee in the 2012 U.S. presidential election, facing incumbent Barack Obama. His career has spanned both the public and private sectors.

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Career Timeline

1984D$5M

Bain Capital co-founder

Co-founded Bain Capital, a private equity firm that would make him extraordinarily wealthy. His business acumen laid the foundation for his future political career.

1999C$100M+$95M

Salt Lake Olympics rescue

Took over as CEO of the 2002 Winter Olympics, successfully managing the games amid financial and ethical challenges. The high-profile success raised his national political profile.

2003B$150M+$50M

Massachusetts Governor elected

Elected Governor of Massachusetts, implementing healthcare reform that became a model for the Affordable Care Act. His governorship established his credentials as a moderate Republican.

2012A$200M+$50M

Republican presidential nominee

Secured the Republican nomination for president, running against incumbent Barack Obama. Despite losing the election, he became one of the most prominent Republicans in America.

2019A$230M+$30M

Utah Senator sworn in

Elected as U.S. Senator from Utah, returning to elected office after years in the private sector. His Senate position gave him a platform to voice independent Republican views.

2020A$240M+$10M

Trump impeachment vote defiance

Became the only Republican senator to vote to convict Trump in his first impeachment trial. His principled stand enhanced his reputation for integrity but made him a target within his party.

2023A$245M+$5M

Retirement announcement after one term

Announced he would not seek re-election in 2024, citing a need for a new generation of leaders. His decision marked the end of his electoral political career.

2026A$250M+$5M

Elder statesman respected voice

Regarded as one of the most respected Republican voices, known for his independence and integrity. His business success and political career have made him a household name in American politics.

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Last updated: February 23, 2026