Mike Huckabee reports lucrative media business in personal filing | Arkansas Blog

Saturday, August 1, 2015

Mike Huckabee reports lucrative media business in personal filing

Posted By on Sat, Aug 1, 2015 at 6:58 AM

MOVING ON UP: Mike Huckabee has been earning a healthy living and accumulating millions in assets as a media conglomerate, The lifestyle  includes this $3 million home in Florida.
  • MOVING ON UP: Mike Huckabee has been earning a healthy living and accumulating millions in assets as a media conglomerate, The lifestyle includes this $3 million home in Florida.

click to enlarge VALUES SCHMALUES: This sign greeted Mike Huckabee when he spoke to the Salina, Kan., Chamber of Commerce in 2014. He still picked up a $30,000 check.
  • VALUES SCHMALUES: This sign greeted Mike Huckabee when he spoke to the Salina, Kan., Chamber of Commerce in 2014. He still picked up a $30,000 check.
The post-gubernatorial life has been good to Mike Huckabee, whose personal financial report today as a presidential candidate shows more than $4 million in 12 months of income from his publishing, public speaking, media production and travel tour business, plus vacation rentals in Florida and millions in the value of accumulated investments and real estate.

Huckabee, who built  a $3 million home in Santa Rosa Beach, Fla., shortly after leaving office at the end of 2006 and still owns a home on the market in North Little Rock for about $675,000, filed at the deadline today the personal financial disclosure required of presidential candidates. He'd gotten two extensions before the filing. The reports requiring reporting in ranges, so a specific total of assets can't be reached.

Highlights:

* SPEAKING FEES: He reported payments for 44 speeches totaling more than $950,000 since May 2014, a year before he announced for president. Most of the speeches were in the $20,000 range. Many were for religious organizations and anti-abortion groups.

* BUSINESS INCOME: He reported $2.9 million in business income from Blue Diamond Horizons, which, among others, publishes his books.  No income is listed from either Huckabee's program on Fox, which he ended to seek the presidency, or his syndicated radio show, no longer on the air. This could mean that payments from those ventures are among the amounts reported as business income. 

* INTEREST: He reported income of $1,000 to $2,500 from bank accounts holding deposits totaling between $519,000 and $1.1 million.

* RENTAL INCOME: He reported between $200,000 and $2 million in income from two Blue Diamond Rental properties worth between $1 million and $5 million each. The report doesn't make clear what property this is.  He reported mortgages totaling somewhere between $1.5 million and $6 million on two rental houses, both for 4.75 percent and taken in 2013. He lists as a separate asset, held in trust, his house in Florida.

* ARKANSAS RETIREMENT: He's drawing between $50,000 and $100,000 in a state of Arkansas public employees pension.

* STOCK ASSETS: He reports a healthy list of investments in life insurance annuities, common stocks and mutual funds These include holdings in three mutual funds valued between $500,000 to $1 million each. He also holds nine mutual funds worth $100,000 to $250,000 and common stock in Home Banc shares worth $250,000 to $500,000. Five of those holdings produced income between $15,000 and $50,000 in the year covered.

* JANET HUCKABEE: Her assets list is much shorter. It includes an unspecified salary from her husband's publishing company several mutual fund holdings, including one worth between $100,000 and $250,000.

He reported no gifts or travel reimbursements.





Money can't buy you love, as the song the old bassist from Santa Rosa knows well. Today, the outpouring of criticism of his willingness to use federal troops to put an end to abortion has been enormous. Even P.J. O'Rourke has lost his stomach for this conservative.


Here, by the way, is the financial report filed by Huckabee's super PAC, Pursuing America's Greatness, which I reportedly earlier raised $3.6 million — mostly on the strength of $3 million from Little Rock poultry man Ron Cameron and $500,000 from Sharon Herschend, owner of Silver Dollar City and a frequent traveler on Huckabee-led tours to Israel. It started spending money in March, two months before Huckabee's announcement. Expenses include $28,000 on a film and payments to Noelle Nikpour of Little Rock of $5,300 for fund-raising expenses. Also note $29,000 in travel expenses to Mike Huckabee owned Blue Diamond Travel. He spent more than $30,000 with two companies based in Des Moines associated with political operator Nick Ryan.

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