Katie Pavlich
Townhall
1/8/2013
New oil profiteer Al Gore is now richer than Mitt Romney according to Forbes. What put him on top? His recent sale of Current TV to Al Jazeera for a cool $500 million, which makes him worth $300 million. Gore received a $100 million cut of the deal last week and made the rest of him money off of global warming hysteria.
When former Vice President Al Gore ran for president more than 12 years ago, he had less than $2 million in assets to his name. Now it appears he is on the verge of making more than 50 times that amount from just one deal.
Taking into account taxes to be paid on the deal, possible earlier debt and the fact that Gore’s representatives declined to comment, FORBES conservatively estimates the former vice president’s net worth to be at least $300 million, making him wealthier than unsuccessful Republican presidential candidate Mitt Romney.
Last May, FORBES estimated Romney’s net worth to be around $230 million.
Now that Gore is among the “evil rich,” will Harry Reid accuse him of not paying taxes for the past ten years? Will the left, who demonized Romney as a wealthy business man for months, call for Gore to release his tax returns? Will Gore donate $50 million of his wealth to charity as Romney has throughout his life? Will Gore cut a voluntary check to the Treasury Department to pay down the National Debt in order to “pay his fair share?” Not likely…
The article continues at Townhall. Current’s staff, evidently, are not amused.
Update: CNBC’s Larry Kudlow interviews USA Survival’s Cliff Kincaid about Al Jazeera deal
Update 2: “How does raking in $100 million petrodollars fit with [Al Gore’s] life’s mission?”
… most of my progressive friends have a more tolerant attitude towards the transaction: “After what happened to him,” in the recount of 2000, one friend remarked, “I’d forgive him almost anything.” A politically active environmentalist, too, was taking the news in stride: “I don’t think the community is too upset,” he said. “My personal sense is he got a good deal.”
