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10 Candidates Who Spent Giant Sums of Their Personal Wealth
Steve Forbes (Lost)
07.9.09, 11:54 AM CDT

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Steve Forbes (R)

Race: 1996 President
Amount Spent: $37,900,000
Result: Lost 11.41%-58.82%

Race: 2000 President
Amount Spent: $38,700,000
Result: Lost .89%-62%

Steve Forbes, editor-in-chief of Forbes business magazine and CEO of Forbes, Inc. ran losing campaigns for the Republican Presidential nomination in 1996 and 2000.

Forbes' run for the Republican nomination for President in 1996 was based mostly on a platform of creating a flat income tax. Forbes sold some of his Forbes Inc. voting shares to pay for his campaign but was unsuccessful in his bid for the nomination. Forbes is estimated to have spent $37.9 million on his 1996 campaign and $38.7 million on his 2000 campaign.

 


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