Edwards Reports $29.5 Million In Assets

John Edwards NC Senator

Democratic presidential candidate John Edwards and his wife reported more than 29 million dollars in assets. including millions in a hedge fund he worked for part-time.

The couple also reported investment income of nearly six million dollars over the past 16 months and earned income for Edwards of more than a million dollars.

His biggest single source of earned income was his 479-thousand dollar salary from Fortress Investment Group, the hedge fund for which he was a consultant last year.

Edwards has made fighting poverty a signature element of his campaign. He has said his work for a fund that generally caters to the wealthiest of investors was designed to educate him about the relationship between poverty and wealth and should not overshadow his work for the poor.