John Kerry May Have Made $670,000 On Today’s Heinz Deal

Julia La Roche
Business Insider
2/14/2013

The “Oracle of Omaha” Warren Buffett’s Berkshire Hathaway and investment firm 3G Capital are buying ketchup maker Heinz for $28 billion.

The stock is up over 20 percent in the pre-market.

Everyone is probably wondering how much Secretary of State John Kerry and his wife Teresa Heinz Kerry, the Heinz ketchup heiress, might make from this deal.

All members of the Senate, House, Executive branch and Judicial branch are required to disclose assets belonging to their spouse and/or dependent children, according to Open Secrets.

According to Open Secrets, last year then-Senator Kerry disclosed his 2011 assets, which included a valuation of $3,000,003 worth of HJ Heinz Co.

It’s unclear what the more recent number is at this time, but for purposes of this report, we’re going to use that number and do some simple math…

The article continues at Business Insider.

UpdateHeiNZ INSiDeR KeTCHuP… at Zero Hedge.

Comments are closed.