Oil Funded Al Jazeera Makes Al Gore Richer Than Mitt Romney
Katie Pavlich News Editor, Townhall Jan 08, 2013 01:50 PM EST
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.