Well-Timed Land Deals Built Perry's Portfolio

The same might be said of his real estate deals.

Perry was not born into wealth and while he has drawn relatively modest pay as an elected official since 1985, he has made a small fortune on land transactions, some with the help of rich and politically connected friends. As the governor mulls a run for president, opponents and the news media are taking another look at his holdings and federal tax returns.

Michael Dell, the computer magnate, once bought a piece of property from Perry — for ...

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