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Al Gore's $100 Million Makeover

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Herman Munster Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-28-07 03:02 AM
Original message
Al Gore's $100 Million Makeover
http://www.fastcompany.com/magazine/117/features-gore.html

What no one is talking about is that he has also become a stunningly successful businessman--and that has fueled his comeback. Since his nonelection, Gore has become a millionaire many times over, bringing him, in financial terms, shoulder to shoulder with the C-suite denizens he used to hit up for campaign cash. In addition to the steady flow of six-figure speaking gigs, he has become an insider at two of the hottest companies on the planet: at Google (NASDAQ:GOOG), where he signed on as an adviser in 2001, pre-IPO (and received stock options now reportedly worth north of $30 million), and at Apple (NASDAQ:AAPL), where he joined the board in 2003 (and got stock options now valued at about $6 million). He enjoyed a big payday as vice chairman of an investment firm in L.A., and, more recently, started a cable-television company and an asset-management firm, both of which are becoming quiet forces in their fields.

Financial disclosure documents released before the 2000 election put the Gore family's net worth at $1 million to $2 million. After years of public service--and four kids needing high-priced educations--Al and Tipper used to fret occasionally about money. Not anymore. They have a new multimillion-dollar home in a tony section of Nashville and a family home in Virginia, and have recently bought a multimillion-dollar condo at the St. Regis condo/hotel in San Francisco. Available data indicate a net worth well in excess of $100 million.

It's good to be the president, even metaphorically, of Al Gore Inc. And that helps explain why he's wary of reentering the political fray. Here, then, is the untold tale of Gore's unlikely rebirth.

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Hekate Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-28-07 03:14 AM
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1. Let me be the first to KnR.All the best to Al and Tipper as they do well by doing good.
Why would he give up all this to run for president and take the chance of getting clobbered again by the BFEE?

Hekate

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AndreaCG Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-28-07 06:08 AM
Response to Reply #1
2. Why will Gore enter the race?
Edited on Thu Jun-28-07 06:10 AM by AndreaCG
Because America needs him. No other candidate measures up. Even Wes Clark although I love him, but people are sorry they didn't vote for Gore the first time. And this time he won't take any crap.

He's even slimmng down. My mom who's usually sensible said she wouldn't support Gore cause he got fat. I told her not only was that absurd but she's a hypocrite cause she's way fatter than he is. She could only laugh cause she knew I was right.
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Chico Man Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-28-07 08:06 AM
Response to Reply #1
3. It looks like he'd be the one doing the clobbering
Edited on Thu Jun-28-07 08:06 AM by Chico Man
And I think he'd enjoy that.
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mod mom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-28-07 09:14 AM
Response to Original message
4. This is a successful man who deserves to lead this country back on the right track!
Edited on Thu Jun-28-07 09:15 AM by mod mom
RUN AL RUN!

We need a leader NOT indebted to corporate America.
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