The man actually claims to be "unemployed." From the Washington Post:
Republican presidential candidate Mitt Romney is planning to nearly quadruple the size of his $12 million California beachfront mansion.
Romney, a former Massachusetts governor and the nominal front-runner for the GOP’s 2012 presidential nomination, is planning to bulldoze his 3,009-square-foot home facing the Pacific Ocean in La Jolla, Calif., and replace it with an 11,062-square-foot home, according to the San Diego Union-Tribune.