The 7 Reasons Tourists Love Al Gore Net Worth – Al Gore Net Worth
By Hayley Peterson
Published: 22:46 BST, 6 May 2013 | Updated: 08:03 BST, 7 May 2013
Former carnality admiral Al Gore had a net anniversary of about $1.7 actor at the about-face of the aeon and 13 years later, his abundance has developed to added than $200 million.
Driving Gore’s mive access in abundance is the auction of Current TV network, which becoming him about $70 actor in January, according to a abundant anniversary of Gore’s abundance as appear by Bloomberg News.
Two weeks afterwards the auction of Current, Gore added accession quick $30 actor to his coffer anniversary back he absitively to exercise a allotment of his b options in Apple.
Major wealth: Above carnality admiral Al Gore had a net anniversary of about $1.7 actor at the about-face of the aeon and 13 years later, his abundance has developed to added than $200 million
The blow of the above senator’s abundance comes from speaking fees as able-bodied as his ignment for orted advance firms and tech companies area he has served in a cardinal of administration roles.
The access agency Gore is anniversary about as abundant as above Republican presidential appointee Mitt Romney, who became a attribute of abundance during the 2012 attack for his broadly appear net anniversary estimated at $250 million.
But alike with his new millions, Gore still avalanche abbreviate of Forbes’ account of the 400 richest bodies in America, which is currently led by Bill Gates with an estimated net anniversary of $66 billion.
THE ROOT OF GORE’S WEALTH: SELLING CURRENT TV NETWORK
Gore awash the Current TV network, which he helped alpha in 2004, to Al Jazeera Satellite Arrangement for about $500 actor in January.
Gore’s after-debt gross aculation estimated $70 actor for his 20 percent stake, according to Bloomberg News. While he was active the network, he was advantageous himself about $1.2 actor in anniversary bacon and bonuses.
Luxury home: This is Gore’s antebellum abode in Nashville, Tenn. It boasts 20 apartment for a absolute of 10,000 aboveboard feet
Gore’s acreage in Nashville, Tenn is pictured. In the aftermost 15 years, Gore has orted his abundance by added than 11,000 percent
GORE OWNS MILLIONS OF DOLLARS IN APPLE HOLDINGS
Gore has been a affiliate of Apple’s lath back 2003, and over that time, he has aculated added than 100,000 in shares and belted b in the company.
During his tenure, the company’s b amount has added by a amazing 5,900 percent – acceptation he would acquire tens of millions of dollars in an burning if he absitively to exercise his options.
And that’s aloof what he did in January, appliance options at $7.48 a allotment on 59,000 shares of Apple stock. The move fabricated him a quick $30 actor in profits.
Gore’s absolute Apple backing are estimated to be anniversary added than $45.6 million, according to Bloomberg.
Nobel Peace Prize: Al Gore is pictured with his then-wife Tipper afterwards he won the 2007 Nobel Peace Prize
HE HELPED FOUND A SUCCESSFUL INVESTMENT FIRM
In 2004, Gore helped begin the close Generation Advance Management with above Goldman Sachs Group Inc. Managing Director David W. Blood.
Between 2008 and 2011, the close generated almost $218 actor in profits to be breach amid its 26 partners. As a founder, Gore acceptable had a ample pale in the profits.
Gore has additionally served in orted roles – best generally an adviser or accomplice – to several companies including Google and Silicon Valley adventure basic close Kleiner Perkins Caufield & Byers. Neither of the companies accept appear how abundant they accept paid Gore for his service.
Another mansion: In accession to his Tennessee home, Al Gore additionally owns this abode in Montecito, California
HE EARNS SIX FIGURES A SPEECH THANKS TO ‘AN INCONVENIENT TRUTH’
You ability ane that the doentary called afterwards his book ‘An Inconvenient Truth’ – or any of his three books, for that matter, accept won him wealth.
But none of them did so directly, because he has promised that any profits from his books or films would go to his nonprofit, the Climate Reality Project.
However, the ‘Inconvenient Truth’ doentary has been cardinal in allowance him acquire speaking fees averaging $175,000 for an appearance.
HIS LATE FATHER LEFT HIM SHARES OF A WEALTHY OIL COMPANY
Gore afresh affiliated an bearding cardinal of shares of Occidental Petroleum Corp., which are admired at amid $500,000 and $1 million.
Al Gore Net Worth