Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

5/7/2013 (2 years ago)

Catholic Online (www.catholic.org)

Denounced as a 'limousine liberal,' former vice president is multi-millionaire

Say what you will about former U.S. Vice President Al Gore - he's not hurting financially. Denounced by many as a "limousine liberal," warning the world about global warming while flying cross-country in carbon-burning vehicles, wise investments has made Gore independently wealthy.

Al Gore's work and reportage on global warming have earned him a share of a Nobel Prize as well as a South Park cartoon parody in which he tries to scare school kids to his beliefs with a fictitious global-warming surrogate monster known as ManBearPig.

Al Gore's work and reportage on global warming have earned him a share of a Nobel Prize as well as a South Park cartoon parody in which he tries to scare school kids to his beliefs with a fictitious global-warming surrogate monster known as ManBearPig.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

5/7/2013 (2 years ago)

Published in Politics & Policy

Keywords: Al Gore, ManBearPig, wealth, investments, Internet, South Park


LOS ANGELES, CA (Catholic Online) - For example: In January, the Current TV network, which Al Gore helped to start in 2004, was sold to Qatari-owned Al Jazeera Satellite Network for about $500 million.

It's been estimated that Gore has a net worth of about $1.7 million. His assets include pasture rents from a family farm and royalties from a zinc mine, which are remnants of his rural roots in Carthage, Tennessee.

Gore then made an estimated $100 million in a single month 14 years later. After selling the network and settling debt, he grossed an estimated $70 million for his 20 percent stake, according to people familiar with the transaction.

Gore exercised options two weeks later, at $7.48 a share, on 59,000 shares of Apple Inc. stock that he'd been granted for serving on the Cupertino, California-based company's board since 2003. In essence, it was a $30 million "payday" based on the company's share price on the day he claimed the options.

All in all, it was a very good month for Gore. The former statesman has largely dropped from public view after losing the presidential election to George W. Bush in late 2000, based on 1999 and 2000 disclosure forms.

Gore hasn't yet begun to fight - as he isn't finished exercising his Apple stock grants. Those 59,000 are part of 101,358 Apple options and shares of restricted stock Gore has amassed, giving his total holdings a gross value of more than $45.6 million today.

The 65-year-old Albert Arnold Gore Jr. is an enigma unto himself and is extremely multi-faceted. Among friends and fans, he's the progressive Democrat who should have been president, visionary author and Internet prophet, the man who more than anyone drove climate change to the center of public consciousness.

His detractors view Gore as a tiresome pedant and climate alarmist who lives a jet-setting, carbon-profligate lifestyle while preaching asceticism for everyone else.

His work and reportage on global warming have earned him a share of a Nobel Prize as well as a South Park cartoon parody in which he tries to scare school kids to his beliefs with a fictitious global-warming surrogate monster known as ManBearPig.

One thing is for certain: Leveraging his aura as a technology seer and his political and climate work connections, Gore has remade himself into a wealthy businessman, amassing a fortune that may exceed $200 million.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for July 2015
Universal:
That political responsibility may be lived at all levels as a high form of charity.
Evangelization: That, amid social inequalities, Latin American Christians may bear witness to love for the poor and contribute to a more fraternal society.



Comments


More Politics & Policy

Under Obama, black people 'are worse now than just about ever,' Donald Trump declares Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

Republican presidential candidate Donald Trump claims that he commands a large percentage of the Hispanic vote. He now says that African-American people are also on his side after U.S. President Barack Obama has let them down. Trump gave his customary ... continue reading


Greenhouse emissions cut down even more under Obama administration Watch

Image of President Barack Obama says. "Not anymore."" title=""Climate change is not a problem for another generation," U.S> President Barack Obama says. "Not anymore."" class="img-responsive img-thumbnail pull-left spacer-right">

By Catholic Online (NEWS CONSORTIUM)

Far more drastic cuts on factory greenhouse emissions are coming; United States President Barack Obama has vowed to impose more cuts. The president, now in his concluding months of his presidency vows that these steps will be the most significant step in ... continue reading


What TOP-SECRET information is the Obama Administration keeping from you? Watch

Image of

By Nikky Andres (NEWS CONSORTIUM)

It seems as though the Obama administration is trying to bury significant materials away from the public. Seventeen unclassified Iran deal items have been placed away in ultra-secure facilities that are normally used solely for top secret evidence. MUNTINLUPA, ... continue reading


SEVENTEEN VERY SCARY SECRETS: Obama administration keeping details on Iran nuclear deal hidden Watch

Image of Important facts are being kept from the public, just as Congress is deciding whether to support or oppose the Iran deal.

By Catholic Online (NEWS CONSORTIUM)

The Obama administration is keeping details of the Iran nuclear agreement close to the vest. To date, only one aspect of the agreement has been made public. Seventeen other points made in the agreement is being kept secret with the exception of a few lawmakers. ... continue reading


California lawmakers run to the aid of communities suffering the worst in drought Watch

Image of The new legislation focuses on obtaining federal funding to get costly water projects off the ground. Feinstein and Boxer's bill pinpoints 26 promising desalination projects in California.

By Catholic Online (NEWS CONSORTIUM)

As the record-breaking California drought stretches into its fifth year, lawmakers are passing legislation intended to help the communities hardest hit by water shortages. California Senators Dianne Feinstein and Barbara Boxer have both introduced emergency drought ... continue reading


Why two religious Republican presidential candidates weren't invited to a major Christian event Watch

Image of The reason is not as controversial as many speculated.

By Talia Ramos (NEWS CONSORTIUM)

Some were left puzzled as to why two Southern Baptist presidential candidates from the GOP were left out of a major Christian event; the reason was not as bad as some speculated. According to the official statement from the organizers of the event, the two candidates ... continue reading


Judge threatens to hold IRS chief John Koskinen in contempt for failing to turn over Lerner emails Watch

Image of IRS Commissioner John Koskinen was threatened with contempt charges by a federal judge this week.

By Catholic Online (NEWS CONSORTIUM)

IRS Commissioner John Koskinen was threatened with contempt charges by a federal judge this week. Koskinen failed to produce, by decree, newly recovered emails of former IRS official Lois Lerner. U.S. District Court Judge Emmet Sullivan had ordered the IRS at ... continue reading


Mitch McConnell says he will wipe out Obamacare with simple 51-vote majority Watch

Image of In the waning days of President Barack Obama's presidency, Senate Majority Leader Mitch McConnell (R-Ky.) is vowing to overthrow his signature legislation.

By Catholic Online (NEWS CONSORTIUM)

In the waning days of President Barack Obama's presidency, Senate Majority Leader Mitch McConnell (R-Ky.) is vowing to overthrow his signature legislation. Health care reform, better known as "Obamacare" has been a cause of disagreement with conservatives and ... continue reading


Moves made to oust John Boehner from Speaker of the House position Watch

Image of Rep. Mark Meadows [not pictured] declared his intention a day before the House was set to leave town for its five-week summer recess. Described as a rare procedural move, it's by far the most serious expression of opposition to Boehner's [pictured] speakership.

By Catholic Online (NEWS CONSORTIUM)

Many of his fellow conservatives and Republicans were taken by surprise when North Carolina Rep. Mark Meadows said he was trying to oust Speaker John Boehner. Many say it's a bad idea, coming just before August recess. Others say such a move could plunge the House of ... continue reading


Ivana Trump hotly denies that ex-husband Donald Trump ever raped her Watch

Image of Ivana Trump, the former wife of GOP presidential candidate Donald Trump has denied claims that he ever raped her.

By Catholic Online (NEWS CONSORTIUM)

Ivana Trump, the former wife of GOP presidential candidate Donald Trump has denied claims that he ever raped her. "I have recently read some comments attributed to me from nearly 30 years ago at a time of very high tension during my divorce from Donald. The story is ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Numbers 11:4-15
4 The rabble who had joined the people were feeling ... Read More

Psalm, Psalms 81:12-13, 14-15, 16-17
12 So I left them to their stubborn selves, to follow ... Read More

Gospel, Matthew 14:13-21
13 When Jesus received this news he withdrew by boat ... Read More

Saint of the Day

Saint of the Day for August 3rd, 2015 Image

St. Lydia Purpuraria
August 3: Lydia Purpuraria (1st century) was born at Thyatira (Ak-Hissar), ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter