What is Al Gore’s Net Worth?

goreCCD Editor’s note: With all the recent clatter about dirty oil money turning scientists into global warming skeptics, I came across this recent article about Al Gore’s net worth. It sort of makes the $1 million given to the Smithsonian over ten years seem a bit trivial. Now why don’t the WaPo or the NY Times report about this naughty one percenter? From DaveManuel.com:

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Al Gore currently has a net worth of an estimated: $173,333,081

Al Gore’s net worth decreased by $356,295 on 2/25/2015

Information: When Al Gore ran for President in 2000, he filed a public financial disclosure report that revealed that his net worth was somewhere between $700,000 and $1.9 million.

This filing revealed that Al Gore had a fairly modest net worth, with his largest asset being listed as a home in Arlington, VA that was worth between $250,001 – $500,000.

Things changed drastically for former Vice President Gore when he left public office, as his net worth has dramatically increased since that time. Much was made of Mitt Romney’s net worth during the 2012 Presidential election, but Al Gore may be worth more than even Mitt Romney, thanks to a very fruitful last 13 years.

One of Al Gore’s biggest scores over the past 10 years came from Current TV, which was purchased by Al Jazeera in January of 2013 for a reported $400 million. The network, which was founded by Gore and Joel Hyatt in 2002, officially launched in August of 2005 and was sold roughly 7 1/2 years later.

Al Gore owned a 20% stake in the network and reportedly walked away with $70 million once outstanding debt had been paid off.

Another major contributor to Al Gore’s meteoric net worth increase over the past 13 years – his ties to Apple and Google.

One of Al Gore’s first moves upon leaving office was to take a job at Google as an advisor. Al Gore took this job a full three years before the company went public in 2004, and it is rumored that Gore received stock options that were valued at as much as $40 million.

Gore also made a fortune off of his decision to serve on Apple’s Board of Directors. Gore was appointed to the role in 2006 and has seen his net worth skyrocket thanks to the parabolic rise of Apple and its shares. Gore controls over 100,000 shares of Apple (combination of common shares and options that are still vesting), meaning that his stake in Apple is valued at well over $40 million.

So let’s see – $70 million from his stake in Current TV, roughly $45 million from his position with Apple and another $30-$40 million (estimated) from his stake in Google.

On top of all of that, Gore also has a significant portion of his net worth invested in hedge funds, as well as owning a healthy real estate portfolio.

As if all of that weren’t enough, Gore also makes between $150,000 – $200,000 per speech.

Notes:

In short – the former Vice President’s time outside of public office has been very fruitful, as he has managed to amass a massive personal fortune over a relatively short period of time.

Al Gore is worth 2,242 times more than the median US household. If Al Gore sold everything that they owned, they could fund the United States’ deficit spending for 0.1 days.

Source and footnotes

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Comments (17)

  • Avatar

    Gator

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    He is worth almost twice as much as Dick Cheney, and Cheney’s money is in oil. So what does [i]that[/i] tell you?

    • Avatar

      Dougal

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      There is more money in CO²

      • Avatar

        Gator

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        At the very least, more profit, and at our expense. Fossil fuels do not receive federal or state funding, “green” ventures do, and often both.

  • Avatar

    Amber

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    You can’t say he isn’t clever but I doubt he hits homers every time at the plate . I don’t begrudge anyone making a buck including AL Gore .

    Having said that the overhype on the effect of human generated CO2 is appalling .

    From what I’ve seen big $earners usually don’t get there without some large costs.
    Maybe he is different but I doubt it .

    • Avatar

      Gator

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      I don’t begrudge any man who is [i]honestly [/i]making a buck, in fact I cheer the success of others. Real success benefits [i]all[/i] parties. But Gore is a fraud.

      • Avatar

        Jake

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        I second that! Motion carried!

  • Avatar

    prestigio

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    there’s money in
    climate fraud

    how astounding

  • Avatar

    Gator

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    I believe his current fee is now $175,000. But saving the world just keeps getting costlier! 😀

    “But it turns out that the book money is small potatoes compared to what Gore could earn from his various eco-friendly investments. As a partner at Silicon Valley venture capital heavyweight Kleiner Perkins Caulfield & Byers, Gore is poised to reap hundreds of millions from investments in the companies that will benefit from the government’s increased emphasis on green technology. According to The New York Times’s John Broder, Gore could become the world’s first “carbon billionaire.”

    Yep! Most salesmen pay to advertise, and pay for armies of little crap pushers, but Gore just funds his buddies. And then they tell two friends, and they tell two friends…

    Nope, no self interest there! 😀

    • Avatar

      Gator

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      Right money and right trends!

      Like the money made off the opium trade?

      Or maybe the slave trade?

      I prefer my money to be crime free.

      Speaking of crime, how is your buddy Pachauri doing? I heard he may be flipping burgers. What have you heard?

      • Avatar

        Gator

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        No conflating, crime compared to crime.

        Al Gore, who stood on stage next to your buddy Pachauri, is a fraud. He goes around making speeches to scare little fools like you so he can get even more filthy rich.

        All criminals. Drug pushers, scammers, and serial creeps.

        Here we are, years into this debate, and you still have never provided any proof that natural variability has been disproven.

        You have repeatedly told us you have when we all know you haven’t, and unfortunately for you, the internet saves your dishonesty.

        Your dishonesty goes hand in glove with Gore the scammer and the serial creep Pachauri.

        Creeps of a feather.

        [b]GORE[/b]:[i] ’cause the interior of the earth is extremely hot, several million degrees…'[/i]

        You guys belong together! 😀 😀 😀

  • Avatar

    sonnyhill

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    I didn’t pay much attention to the Global Warming stories early on, just another fad theory it seemed. When I read that Al Gore was working with the United Nations, alarms went off. A failed politician and a flawed organization predicting a climate Armageddon if we don’t change our ways. Now they’re holding an Inquisition to undermine researchers (infidels?)who dare to challenge them.

  • Avatar

    Ckent

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    Some of you guys surely must be kidding. First, Halliburton was the sole source, Cheney received the majority of his gains from his stock in Halliburton after awarding the company as the sole source no-bid prime contractor for rebuilding Iraq, after Cheney started the war to destroy it. It seems much better for people to heed the words of those who profit from cleaning up the air, soil and water, rather those evil people who start wars and dirty the air and water… or is that just too obvious?

    • Avatar

      Gator

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      Cheney did not start any wars.

      We declared war on Iraq in 1990, and forced Saddam to sign a [b]conditional cease fire[/b] in 1991. The war [i]never[/i] ended, there was [i]no[/i] peace treaty.

      Then Saddam broke the terms of that conditional cease fire [i]at least 18 times over 12 years[/i]. As a matter of law, we had no choice but to live up to our earlier obligation and go back and finish the job. That is the consequence of a [i]broken conditional cease fire[/i].

      Halliburton was the [i]only[/i] company in the world with the means to live up to the needs of the US military invasion of Iraq, and you don’t open up bidding when you are planning an invasion. This was [i]not[/i] a state fair.

      CO2 is [i]not[/i] a pollutant. It is the essence of life on this planet, and necessary. Your lungs are filled with CO2. Plants [i]cannot[/i] survive at CO2 levels below about 150 ppm.

      150 ppm – the minimum concentration below which many plants may face problems to run photosynthesis and stop growing

      180 ppm – the concentration during ice ages

      280 ppm – the concentration during interglacials, i.e. also the pre-industrial concentration around 1750

      391 ppm – the concentration today

      500 ppm – the concentration around 2060-2070 (unlikely that before 2050 as they claim)

      560 ppm – the concentration around 2080-2110 (the “doubled CO2” relatively to the pre-industrial values) relevant for the calculations of climate sensitivity); a concentration routinely found outdoors today

      700 ppm – the concentration in an average living room

      900 ppm – concentration in an average kitchen

      1,270 ppm – the concentration used to double the growth of Cowpea in a famous video

      1,700 ppm – the average concentration in the Cretaceous 145-65 million years ago (early mammals came, plus figs, magnolias, birds, modern sharks)

      4,500 ppm – the concentration 444-416 million years ago (the Silurian dominated by corals and mosses); see other values in geological epochs

      10,000 ppm – sensitive people start to feel weaker

      40,000 ppm – the concentration of CO2 in the air we breath out

      I am all for clean water and air. I am also an environmentalist. What I cannot stand is liars, and those that put their religion before the millions of innocent humans that starve every year.

  • Avatar

    flyer

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    Gore is member of crooked family.

  • Avatar

    Klaus Heil

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    Gore made his money by not making a big stink about the rigged Bush election in Florida since he was promised riches by the Bilderbergers for doing so.
    More $$$$ to come in the near future.
    He will be richer this way than as an ex President.
    Our shadow government is still pulling the strings.
    You people need to look behind the curtain
    Where the puppet masters are hiding.

  • Avatar

    Klaus Heil

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    VOTE TRUMP !!!!!!!!!!!!

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