Republican Presidential Candidate Mitt Romney

Republican presidential nominee Mitt Romney waves to the crowd at the conclusion of a campaign rally in Virginia Beach, Virginia, November 1, 2012.
Republican presidential nominee Mitt Romney waves to the crowd at the conclusion of a campaign rally in Virginia Beach, Virginia, November 1, 2012.
Pamela Dockins
Republican Mitt Romney, who is seeking to become the 45th U.S. president, is in a tight race against incumbent President Barack Obama.

With the presidential race focused largely on the sagging U.S. economy, Romney has touted his business experience.

The former Massachusetts governor made millions as a top executive with Bain Capital, one of the world's largest private investment firms.  Romney also led efforts to rescue the 2002 Winter Olympics in the western state of Utah from financial distress.

On the campaign trail, Romney has vowed to lower taxes, cut government spending and reduce the U.S. budget deficit.  He has said that, if elected, he will immediately repeal President Obama's signature health care law.

Obama's campaign has criticized Romney as being weak in the area of foreign policy.

  • Republican presidential candidate, former Massachusetts Gov. Mitt Romney waves to supporters as he arrives for a campaign stop at the Wisconsin Products Pavilion at State Fair Park in West Allis, Wis., November 2, 2012.
  • Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures as he speaks at a campaign event at Integrity Windows in Roanoke, Va., November 1, 2012.
  • Republican presidential candidate, former Massachusetts Gov. Mitt Romney gestures as he takes the stage for a campaign event at Meadow Event Park, Doswell, Va., November 1, 2012.
  • Republican presidential candidate former Massachusetts Gov. Mitt Romney, right, speaks during a campaign event along with his vice presidential running mate Rep. Paul Ryan, R-Wis., left, at the Celina High School gymnasium in Celina, Ohio, October 28, 2012.
  • Republican presidential candidate Mitt Romney addresses the media prior to a breakfast fundraiser in Salt Lake City, June 23, 2007.
  • Ann Romney, at center left in blue suit, sits with her family as Gov. Mitt Romney announces his candidacy for president at The Henry Ford Museum in Dearborn, Mich., February 13, 2007.
  • Massachusetts Gov. Mitt Romney introduces his wife, Ann, at the State Republican convention in Concord, N.H., September 30, 2006.
  • Massachusetts Gov. Mitt Romney addresses a gathering regarding electronic medical records at the Ether Dome at Massachusetts General Hospital in Boston, December 6, 2004.
  • Massachusetts Gov. Mitt Romney addresses reporters at the Statehouse in Boston, after Massachusetts' highest court ruled 4-3 Tuesday that the state's ban on same-sex marriage is unconstitutional, November 18, 2003.
  • Mass. Gov. Mitt Romney, front right, proposed legislation to hike the fines for companies that spill oil or other toxic substances into Massachusetts waters, May 20, 2003.
  • Mitt Romney, accompanied by Lt. Gov.-elect Kerry Healy, takes the oath of office as governor of Massachusetts at the Statehouse in Boston, January 2, 2003.
  • Massachusetts Republican gubernatorial candidate Mitt Romney waves to supporters and media in Boston after making his victory speech, November 5, 2002.
  • Massachusetts Republican gubernatorial candidate Mitt Romney speaks during a news conference in front of the Statehouse in Boston, October 3, 2002.
  • Mitt Romney, the new boss of the Salt Lake Organizing Committee, outlines his plans to spend no more money than the Olympics take in, Feb. 11, 1999.
  • Thomas S. Monaghan, founder and chairman of Domino's Pizza, Inc., left, and Mitt Romney, managing director of Bain Capital, Inc., sign an agreement for Monaghan to sell a "significant portion" of his stake in the company to Bain Capital in New York, September 25, 1996.
  • Republican U.S. senatorial candidate Mitt Romney greets supporters at the Columbus Day parade in Worcester, Mass., following his father's path into politics, October 10, 1994.
  • Ann Lois Davies and Willard Mitt Romney, second and youngest son of former Michigan Governor and Mrs. Lenore Romney, married in a civil ceremony at the brides family home in Bloomfield Hills, Mich., March 21,1969.
  • Gov. George Romney and his son, Mitt, look out over the New York World's Fair grounds from the heliport after attending a Michigan breakfast at the Top of the Fair Restaurant, May 18, 1964.

Questions about Romney's personal wealth have also dogged his campaign.

The 2012 race marks Romney's second bid for the White House.  He also ran in 2008 but lost that campaign to be the Republican presidential nominee.

The former governor faced questions early in the current presidential race about his membership in the Mormon Church -- a religious group that believes in the Christian Bible but also follows teachings from their founder and a holy book separate from the Bible.

Romney is from a political family.  His father served as governor of Michigan and ran for the Republican Party's presidential nomination in 1968.

Romney was born in Michigan.  He is a married father of five.
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