Monday, December 10, 2007

"A convenient £50m for green Gore"

Here.

Excerpt:
WHO would have thought that saving the planet could be such a lucrative business? Al Gore, the former US vice-president turned environmental campaigner, has made more than £50m in just seven years from his books, speeches and shrewd investments in technology and green ventures.

Gore, 59, a failed presidential candidate, has already reinvented himself from the nearly man of American politics into the first global green celebrity. This week he will pick up the Nobel peace prize in Oslo before flying to Bali to take centre stage at the United Nations climate change conference.

Today Gore commands between £50,000 and £85,000 a speech, holds stock options in Google worth £15m and has made as much as £4m from advances on his book deals. He is also advising a US venture capital company on how to invest a $600m green technology fund.

He has come a long way since losing the 2000 presidential election to George W Bush when, according to official documents, Gore was worth just £1m. His biggest assets were his two homes in Nashville, Tennessee, and Arlington, Virginia, valued at £375,000, and £500,000 invested in oil company shares.
A related article is here.

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