Forbes Valuation

We estimate Jackson is worth at least $1 billion.

Tangent

Jackson is the second billionaire to run in a high-profile gubernatorial contest this primary season. Billionaire Tom Steyer, a Democrat, earlier this month fell short of making the gubernatorial runoff in California after spending more than $200 million of his own fortune on the race.

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What To Watch For

Billionaire and former GOP presidential candidate Vivek Ramaswamy won the Ohio GOP gubernatorial primary in May. He will face Democrat Amy Acton in the general election. The race is expected to be highly competitive.

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Key Background

Jackson, 72, is a political newcomer who heads Jackson Healthcare medical conglomerate, one of the largest private companies in the U.S. He touts a rags-to-riches story after growing up in foster care and starting his business by buying a two-person staffing company, then a small physician recruiting firm that became Jackson Healthcare. Jones has campaigned against Jackson by highlighting the millions he’s spent on his campaign, accusing him of buying votes, while Jackson, in turn, has accused special interest groups of buying Jones.

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