Mitt Romney Is Rich, Part XXIV

By
LOS ANGELES, CA - JULY 20:  Republican presidential candidate and former Massachusetts Gov. Mitt Romney gives a thumbs up after speaking to supporters in front of vacant stores of the Valley Plaza shopping center to a campaign stop on July 20, 2011 in Los Angeles, California.  Romney criticized President Barack Obama's handling of the economy during the brief campaign event.  (Photo by Kevork Djansezian/Getty Images)
LOS ANGELES, CA - JULY 20: Republican presidential candidate and former Massachusetts Gov. Mitt Romney gives a thumbs up after speaking to supporters in front of vacant stores of the Valley Plaza shopping center to a campaign stop on July 20, 2011 in Los Angeles, California. Romney criticized President Barack Obama's handling of the economy during the brief campaign event. (Photo by Kevork Djansezian/Getty Images) Photo: Kevork Djansezian/2011 Getty Images

Mitt Romney has outgrown his $12 million, 3,009-square-foot beachfront home in La Jolla, California. The presidential candidate and his wife plan to bulldoze the house after the election is over and replace it with one nearly four times the size, because, a spokesman says, "with five married sons and 16 grandchildren it is inadequate for their needs." It's unclear why Romney couldn't wait a year before reminding voters that he is rich enough to do this. [WP]