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The Boston Globe

Politics

Heinz deal could grow Kerry’s portfolio

WASHINGTON — Secretary of State John Kerry’s family financial portfolio could grow by hundreds of thousands of dollars as a result of the $23 billion mega-deal between Nebraska billionaire Warren Buffett and a Brazil-owned investment firm to buy out ketchup and food producer H.J. Heinz Co.

Kerry, as part of his confirmation last month, agreed to divest holdings in dozens of companies after leaving his Massachusetts Senate seat. But Kerry’s wife, Teresa Heinz Kerry, held at least $3 million in Heinz stock through family trusts as of 2010, according to his most recent financial disclosure form. She was allowed to keep those assets under a January agreement approved by government ethics officials.

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