Current:Home > StocksRekubit-Montana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state -EverVision Finance
Rekubit-Montana governor, first lady buy mansion for $4M for governor’s residence, will donate it to state
NovaQuant View
Date:2025-04-09 16:28:53
HELENA,Rekubit Mont. (AP) — Montana’s Gov. Greg Gianforte and first lady Susan Gianforte have purchased a historic Helena mansion for $4 million that they eventually plan to donate to the state for use as the governor’s mansion, the governor’s office announced Monday.
Gianforte, a Republican, is a multimillionaire who founded a cloud computing company that sold to Oracle in 2011 in a $1.5 billion deal.
“Susan and I are fortunate to have achieved the American dream, and with that, we believe we have an obligation to give back,” Gianforte said in a statement.
The Hauser House was built in 1885 by Samuel T. Hauser, an entrepreneur and one of Montana’s territorial governors. It was also once owned by former Montana Gov. Tim Babcock.
The nine-bedroom property, which is on the National Register of Historic Homes, was listed for sale for $6.18 million in June. Its assessed value with Lewis and Clark County is nearly $1.36 million.
The Gianfortes purchased the home last week and it will be their primary residence in Helena, his office said.
“Following my service, we will donate this home to the State and the people of Montana,” Gianforte said in a statement.
The existing governor’s mansion has near the Capitol has been closed since 2021 for renovations.
The Legislature has appropriated more than $2 million for the work. The Department of Administration, which maintains the house, said the renovations have been put on hold because of supply chain delays and a worker shortage that kept increasing the costs.
The Department of Administration will decide whether to accept the donated mansion and, if so, what the state would use it for. The agency would also decide what to do with the current governor’s mansion. A spokesperson did not immediately respond to an email Monday seeking comment.
Gianforte “is committed to ensuring future First Families have a governor’s residence that is in good repair, safe, healthy, and family-friendly, all while ensuring the state is a good steward of taxpayer resources,” the statement said.
Gianforte’s first term in office ends in January 2025. He has not said whether he will seek reelection, though he is widely expected to.
veryGood! (2)
Related
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Snowstorm slams Northeast, Great Lakes with mass power outages and travel mayhem
- Cicada-geddon insect invasion will be biggest bug emergence in centuries
- Caitlin Clark of Iowa is the AP Player of the Year in women’s hoops for the 2nd straight season
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Jonathan Majors' motion to dismiss assault, harassment conviction rejected by judge
- Iowa repeals gender parity rule for governing bodies as diversity policies garner growing opposition
- New rule strengthening federal job protections could counter Trump promises to remake the government
- DoorDash steps up driver ID checks after traffic safety complaints
- Women’s Final Four ticket on resale market selling for average of $2,300, twice as much as for men
Ranking
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Burglars steal $30 million in cash from Los Angeles money storage facility, police say
- Cute or cruel? Team's 'Ozempig' mascot draws divided response as St. Paul Saints double down
- 'We do not know how to cope': Earth spinning slower may prompt negative leap second
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Should you itemize or take a standard deduction on your tax return? Here’s what to know
- Snag This $199 Above Ground Pool for Just $88 & Achieve the Summer of Your Dreams
- South Carolina governor undergoes knee surgery for 2022 tennis injury
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
New York adulterers could get tossed out of house but not thrown in jail under newly passed bill
Amid violence and hunger, Palestinians in Gaza are determined to mark Ramadan
Nebraska lawmaker who targeted a colleague during a graphic description of rape is reprimanded
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
'Nuclear bomb of privacy' or easy entry? MLB's face recognition gates delight and daunt
Sen. John Fetterman says I thought this could be the end of my career when he sought mental health treatment
Cleanup begins at Los Angeles ‘trash house’ where entire property is filled with garbage and junk