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Al Gore Now Richer than Romney, Thanks to Oil, Not Green Energy
Posted By Daniel Greenfield On January 9, 2013 @ 12:28 pm In The Point | 12 Comments
100 million dollars of Al Gore’s estimated 300 million dollar net worth comes from Qatar, an oil tyranny that funds terrorists and he got that money by selling the political access that he used to illegitimately gain access to 60 million viewers for the Current TV cable network.
Forbes notes that as a Green Energy guru, Gore has been a failure.
Over the five years since Al Gore joined KPCB to promote environmentally-correct “green tech” investments, the results have been pretty dismal. According to VentureSource, of the more than 60 companies that have received KPCB equity backing, only three have been acquired or merged into other companies. And since the time Gore joined KPCB, only two have managed to go public. Shareholders of one, Amyris, Inc. a biomass company, have lost 80% of their value since the firm’s 2010 IPO. The other, Enphase Energy which went public last March, was listed by the Wall Street Journal in December as the worst IPO of the year.
In the White House, Gore cashed in by selling access to China. Outside the White House, Gore cashed in by selling access to Qatar.
But in one setback for the House of Gore, he didn’t manage to dodge his patriotic taxes on money gotten from a terrorist state.
“Unfortunately for Mr. Gore, the purchase wasn’t consummated until January 2nd, depriving him of success in his efforts to beat the clock on an estimated $100 million payback before higher tax rates kicked in on January 1.”
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