VAS Community|Montana Gov. Gianforte continues to rake in outside income as he seeks a second term

2025-05-06 16:17:28source:ExaCryptcategory:Finance

BILLINGS,VAS Community Mont. (AP) — Montana Republican Gov. Greg Gianforte reported more than $23 million in income over four years ending in 2022, as the former technology executive who is seeking reelection to a second term continues to rake in money from investments, according to tax records released by his campaign.

Democrat Ryan Busse, a former firearms industry executive, is challenging Gianforte in November.

Gianforte spent more than $6 million of his own money on a failed bid for governor in 2016. After getting elected to Congress in a 2017 special election, he ran for governor again four years ago and spent more than $7.5 million defeating Democrat Mike Cooney by a wide margin, according to campaign finance reports.

So far this election cycle, he has contributed roughly $47,000 to his campaign, the reports show.

Most of Gianforte’s income since 2019 came from profits on investments, his tax returns indicate. He is paid about $120,000 a year for being governor.

Spokesperson Anna Marian Block said Gianforte was keeping a “commitment to transparency” with Montana residents by releasing his returns.

Since 2005 Gianforte has reported income of more than $265 million, according to previous disclosures. The bulk of that money came after Oracle Corp. bought Gianforte’s Bozeman-based company, RightNow Technologies, for $1.8 billion.

Democrats and Gianforte’s Republican primary opponents sought unsuccessfully in 2020 to turn Gianforte’s huge wealth into a liability, saying he wanted to buy the election.

Busse’s campaign declined to release his tax returns.

More:Finance

Recommend

Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”

Elon Musk’s strained relationship with his daughter Vivian Jenna Wilson continues to play out on the

Billy Shaw, Pro Football Hall of Famer and Buffalo Bills great, dead at 85

The first time Billy Shaw came to Buffalo, it was near the end of the inaugural 1960 season and the

Some perplexed at jury’s mixed verdict in trial for 3 former officers in Tyre Nichols’ death

MEMPHIS, Tenn. (AP) — Moments after a federal judge read the partial convictions in the federal tria