The purchase was financed with a mortgage from Anchorbank SSB.Mr. Ryan sold the properties in 2001, when they were valued close to $500,000. Read More
Bricks and Politics
Republican vice presidential candidate and P90X fanatic Paul Ryan owes a bit of his net worth–valued between $927,000 to $3.2 million–to a mix of trusts and inheritances, along with investments that include real estate, according to a recent report. Mr. Ryan paid upwards of $250,000 for three rental properties in his native home of Janesville, Wisconsin in 1998, for which he collected up to $50,000 a year from tenants, according to Business Insider.