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

2025-04-29 11:17:40source:Poinbankcategory:reviews

BILLINGS,NSI 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:reviews

Recommend

Michigan lawmaker who was arrested in June loses reelection bid in Republican primary

CHARLEVOIX, Mich. (AP) — A challenger in northern Michigan defeated a Republican state lawmaker who

Criminal charges lodged against Hartford ex-officer accused of lying to get warrant and faking stats

HARTFORD, Conn. (AP) — A former Hartford police officer accused by his own department of lying to ge

An elaborate apple scam: Brothers who conned company for over $6M sentenced to prison

A federal judge in California this week sentenced two brothers to 41 months in prison each after the