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Romney often says his dad grew up poor. But while George Romney's parents did face a series of difficult circumstances, they knew wealth as well as financial hardship. Romney's grandfather, Gaskell Romney, was a carpenter who led a prosperous life in a Mormon colony in Mexico, according to the book "The Real Romney," written by two Boston Globe reporters. When Romney's father was born there, the family was wealthy
-- until the Mexican revolution forced many of the colony's residents to flee back to the United States, when George was about
5 years old. The Romney family lost most of its money and moved from state to state. Gaskell eventually found success again as a builder in Utah, but lost much of his money again in the Great Depression. "He never took out bankruptcy, which he could have done several times," George Romney wrote of his father, according to "The Real Romney."
[Associated
Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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