There is something obscene about Gore having (declared $2 million when he left in 2001,) to 8 years later, having hundreds of millions currently.
How much do you think he will be taxed?
Would his father finally be proud of his drippy son? His father who as a Senator, voted AGAINST the Civil Rights Act?
As a private citizen, Mr. Gore does not have to disclose his income or assets, as he did in his years in Congress and the White House. When he left government in early 2001, he listed assets of less than $2 million, including homes in suburban Washington and in Tennessee.
Since then, his net worth has skyrocketed, helped by timely investments in Apple and Google, profits from books and his movie, and scores of speeches for which he can be paid more than $100,000, although he often speaks at no charge.
He is a founder of Generation Investment Management, based in London and run by David Blood, a former head of Goldman Sachs Asset Management (the firm was quickly dubbed Blood and Gore). Mr. Gore earns a partner’s salary at Kleiner Perkins. He has substantial personal finances invested at both firms, officials of the companies said.
He also serves as an adviser to high-profile technology companies including Apple and Google, relationships that have paid him handsome dividends over the last eight years.
Mr. Gore’s spokeswoman would not give a figure for his current net worth, but the scale of his wealth is evident in a single investment of $35 million in Capricorn Investment Group, a private equity fund started by his friend Jeffrey Skoll, the first president of eBay. |
