Current estimated net worth: $70 million
The Republican former governor of Utah, Jon Huntsman was appointed by the Obama administration as ambassador to China in 2009. The Mandarin-speaking Huntsman had been the ambassador to Singapore and had invaluable knowledge of the region, making him a logical choice despite his party affiliation. However, some speculated he was appointed because he nursed aspirations to run for president and might pose a threat to Barack Obama’s 2012 re-election prospects.
It turned out to be more than mere speculation. The former governor became a Republican presidential candidate in 2011, but he didn’t catch on with the Republican electorate. After coming in third in the New Hampshire primary he withdrew from the race and endorsed former Massachusetts governor Mitt Romney.
Currently, Huntsman's estimated net worth is $70 million. Much of it comes from personal holdings in Huntsman Corp., a chemical company founded by his father, Jon Huntsman Sr.