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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?

To: ManyMoose who wrote (186323)	11/9/2009 10:11:31 PM
From: KLP	Read Replies (1) \| Respond to of 225578

In part, Gore: Graft, double dipping, and gore.... dailyfinance.com Gore has earned tens of millions of dollars since leaving the government at the end of the Clinton administration. He has served on the board of directors at Apple, the iconic computer, music and mobile company, as well as a outside adviser to Google, the Web search giant. During his time in the private sector, Gore has made a number of investments in green technology ventures, including projects making solar cells and waterless urinals. $35 Million Investment Hints at Wealth As a private citizen, Gore does not have to disclose his income or assets, as he did in his years in Congress and the White House, but 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," Broder reports. Today, Gore does not reveal his net worth, but the fact that he was able to single-handedly make a $35 million investment in Capricorn Investment Group, a private equity fund started by his friend Jeff Skoll, the Silicon Valley entrepreneur and film producer, speaks volumes about the magnitude of his wealth. Some of Gore's private sector green tech activities include: • Founder of, and investor in, London-based Generation Investment Management, which is run by David Blood, a former head of Goldman Sachs Asset Management • Partner at, and investor in, Kleiner Perkins. • Invested in partnerships and funds that try to "identify and support companies that are advancing cutting-edge green technologies and are paving the way toward a low-carbon economy." • Stake in "the world's pre-eminent carbon credit trading market and in an array of companies in bio-fuels, sustainable fish farming, electric vehicles and solar power." • Adviser to high-profile technology companies including Apple and Google, "relationships that have paid him handsome dividends over the last eight years." • Capricorn has invested in Falcon Waterfree Technologies, the world's leading maker of waterless urinals. • Generation has holdings in Ausra, a solar energy company based in California, and Camco, a British firm that develops carbon dioxide emissions reduction projects.