February 7, 2008 / 6:10 PM / 9 years ago

FACTBOX: Some facts about Mitt Romney

2 Min Read

(Reuters) - Mitt Romney on Thursday pulled out of the Republican race for the U.S. presidential nomination.

Following are some facts about Romney.

* The former Massachusetts governor, who poured at least $35 million of his estimated $250 million fortune into his campaign, first gained national attention for turning around the scandal-plagued 2002 Salt Lake City Olympics. He earned degrees from both Harvard Business and Law schools before going on to make millions in business.

* But he lacked foreign policy experience and had an inconsistent record on some issues like abortion, which he said in 1994 should stay "safe and legal" before more recently declaring himself "firmly pro-life."

* After losing key contests in New Hampshire and Iowa despite vastly outspending his rivals, Romney retooled his campaign in January to emphasize his nearly 25 years of business experience that includes founding Bain Capital LLC, a successful Boston-based private-equity firm, in 1984.

* He also focused heavily on fixing a "fundamentally broken" Washington. But many political analysts said the message was complicated by his steadfast support for many of President George W. Bush's most polarizing policies -- from the Iraq war to tax cuts mostly benefiting the wealthy.

* Romney, 60, was the fifth Mormon to seek the White House. His supporters often discounted the role of religion in the race, noting that while some grass-roots evangelical Christians consider Mormonism a cult, Romney has support among many elite evangelicals in states where he performed well.

(Reporting by Jason Szep, editing by Vicki Allen)

email: jason.szep@reuters.com

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