House of Cards: Tom Ridge’s Code Rich

Tom Ridge was not a rich man when he resigned as the chief of the Department of Homeland Security in 2004. His financial disclosure from that year showed he had investments worth between $100,000 and $815,00 in companies. Though modest by the current standards of senior government officials, those investments included companies “with contracts with his department and others who want to profit from homeland security,” a CQ story said at the time.

Yet soon after leaving government service, Ridge bought a property in Chevy Chase, Maryland worth about $2 million. His home, which was featured in Home & Design, aka “The magazine of luxury homes and fine interiors,” boasts custom interior decorations, including a table designed by the brother of the late Princess Diana, a dining room paneled with “native Sweetgum” and artwork “representative of the Tudor period.”

So how exactly has Ridge made all his money?

Link (The Intercept)

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