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Greg Orman’s net worth would place him among wealthiest senators if elected

Independent Senate candidate Greg Orman owns assets worth between $21.5 million and nearly $86 million, according to a news release and documents provided by his campaign Monday.

The documents show Orman earned between $917,290 and $4,523,200 during the reporting period, according to the campaign statement.

A spokesman for the Orman campaign said the number reflects income received between January 2013 and August 2014, about 20 months. Virtually all of it comes from investments.

The 38-page personal financial disclosure statement, filed with the Senate, lists a broad range of asset valuations for dozens of investments. That’s why the candidate’s net worth is so wide.

The minimum asset range — $21.5 million — would appear to put Orman among the top 10 senators in net worth, if he defeats Sen. Pat Roberts in November.

In 2012, Roberts’ net worth was between $850,029 and $2,540,999 according to the Center for Responsive Politics.

Orman’s business ventures have faced scrutiny this summer. He’s been involved in several lawsuits, including a $29.6 million trademark infringement suit involving Combat Brands, a boxing equipment company.

The disclosure values Combat Brands between $1 million and $5 million. It also includes a note payable by Combat Brands in the same range.

The note paid Orman between $50,000 and $100,000 in interest over the reporting period.

Another of Orman’s companies is co-owned by Rajat Gupta, now in prison for insider trading.

Gupta once worked at McKinsey, a consulting firm. Orman worked there as well.

To reach Dave Helling, call 816-234-4656 or send email to dhelling@kcstar.com.

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