Arnold Not Short of Campaign Dough
California gubernatorial candidate Arnold Schwarzenegger — probably the most high-profile candidate for any race right now — disclosed on Sunday that, unlike his state of California, he is not suffering financially.
He made more than $50 million in two years, reports Reuters.
In a news conference making his tax records public, the “Terminator” star, 56, an Austrian-born Republican, showed earnings of $31 million in 2000 and payments of more than $10 million in state and federal taxes. Income dipped slightly in 2001 to $26.1 million, with $9.3 million paid in taxes.
He also made charitable donations of nearly $5 million in 2001 and 2002, including $1.1 million to Proposition 49, the voter initiative he successfully supported which boosts funding for after-school programs.
Although most of Schwarzenegger’s income is movie-related, he also owns stock in, among other companies, Starbucks, PepsiCo, Coca Cola and Roto Rooter, and he has millions of dollars in municipal bonds and real estate investments.
In other numbers relating to Schwarzenegger, a Time/CNN poll released Saturday found that he would win 25 percent of the vote if the election were held today, 10 points ahead of his closest competitor, the Democratic lieutenant governor, Cruz Bustamante. (Time and CNN, like PEOPLE, are both part of AOL Time Warner.)
In other strong numbers, Schwarzenegger’s announcement on lastWednesday’s “Tonight Show” delivered the second-highest rating of the year for Jay Leno, according to preliminary Nielsen numbers.
Only “Today” host Katie Couric’s job switch with Leno in May drew bigger numbers in Nielsen’s overnight sample of major media markets. Nearly 7 million people heard Arnold say he’s running.