By JIM KUHNHENN, Associated Press Writer
WASHINGTON — Republican presidential candidate Rudy Giuliani reported a whopping $16.1 million in earned income over the past 16 months, most of it in speaking fees, according to financial documents filed Wednesday.
Democratic hopeful John Edwards reported earned income of $1.25 million, the biggest single source of which was a hedge fund that employed him part time. He and his wife, Elizabeth, reported $29.5 million in assets, including millions invested in the hedge fund — the Fortress Investment Group.
Giuliani’s report provides the first detailed picture of his vast holdings and income since his term as mayor of New York ended more than five years ago. Since then, Giuliani parlayed his image as an in-charge mayor during the Sept. 11, 2001, terrorist attacks into lucrative speaking fees and business enterprises.
He reported $13 million to $45 million in assets, including his share in Giuliani & Co., a partnership that provides an array of consulting services. He also listed income from dividends and interest on many of those investments of at least $411,332 and as much as $3.3 million.
The reports were part of a flurry released Wednesday by the Federal Election Commission. The deadline for filing was Tuesday, though several candidates received 45-day extensions, including Democrat Hillary Clinton, and Republicans Mitt Romney, John McCain and Tommy Thompson. Republican Jim Gilmore asked for and received a 30-day grace period.