Gore amassed a huge fortune from his “global warming” investments after he left the Vice Presidency. As a partner in the law firm Kleiner Perkins, Gore invested $1 billion in 40 different firms and he was the co-founder and chairman of Generation Investment Management which has more than $15 billion of assets under management.
MIT climate scientist Dr. Richard Lindzen once predicted: “Al Gore wants to become the word’s first carbon billionaire.”
Gore net worth ballooned from less than $2 million in assets when he left the Vice Presidency in 2001 to more than $100 million by 2008, according to an analysis by Fast Company magazine. (Al Gore’s $100 Million Makeover – Fast Company – Feb. 8, 2008).
Gore also was on his way to being a “government billionaire” as he “benefited from more than $2.5 billion in loans, grants and tax breaks’, as part of Obama’s stimulus.”
Gore also further financially benefited greatly from the sale of his TV network to Al Jazeera in 2013. See: AlGorjeera — It’s Official: Al Gore is by far the most lavishly funded fossil fuel player in the global warming debate today -‘Gore’s massive personal cash influx from oil-backed Al Jazeera makes him by far the most lavishly funded fossil fuel player in the global warming debate today. Will the media now accurately label Gore an industry funded climate activist every time they report on him?’
According to CNBC, “the YouTube video with Munger’s service investing strategy comments had less than 3,000 views as of Friday morning.”
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Related Links:
Flashback 2009: Climate Depot on Gore’s path to become the first ‘Carbon Billionaire’
$100 million man — Gore to be govt billionaire?! Al Gore has thrived as green-tech investor — ‘Benefited from more than $2.5 billion in loans, grants and tax breaks’, as part of Obama’s stimulus — ’14 green-tech firms in which Gore invested received or directly benefited from more than $2.5 billion in loans, grants and tax breaks, part of Obama’s historic push to seed a U.S. renewable-energy industry with public money…Gore’s orbit extended deeply into the administration, with several former aides winning senior clean-energy posts. GIM saw its earnings quadruple from 2008 to 2009, although there is no way to know how much can be tied to federal support’
The Global Warming Science Machine: $79 Billion and Counting
Big Green: ‘Skeptics are fighting a billion dollar industry aligned with a trillion dollar trading scheme’ — Warmists get ‘3,500 times as much $$ as anything offered to skeptics’ — ‘It buys a bandwagon of support, a repetitive rain of press releases, and includes PR departments of institutions like NOAA, NASA, the Climate Change Science Program and the Climate Change Technology Program. The $79 billion figure does not include money from other western governments, private industry, and is not adjusted for inflation. In other words, it could be…a lot bigger’