Al Gore’s Amazing Assets
Let me get this straight. A couple decades ago we were ‘teasing this guy cause he said he invented the internet,’ or cause he couldn’t spell potato correctly? Wait a minute. That’s Dan Quayle on the potato spelling issue. Anyway, is this the same Al Gore guy we’re talking about here?
The reason I say that is because Al is ‘back in the news’ today as one of the hot topics. The reason he’s being talked about today? Money. Big Money!
According to CNBC:
Gore — a director on Apple’s board — exercised an option to purchase nearly 60,000 shares of the tech giant at the bargain basement price of $7.48, costing him a total of about $445,000.
But with Apple’s current market price at about $500 a share, Gore’s holdings are worth $29.75 million, giving him a huge windfall-on paper at least.
Cah Ching! But wait, there’s more.
In early January, the environmental crusader sold his Current TV venture to Qatar-based news organization Al Jazeera for $500 million. Published reports say the sale of Gore’s 20 percent stake in the network – worth an estimated $100 million – would bring his net worth to about $300 million.
What do you say to that? I say, ‘atta boy Al!
Well, it got me wondering. If you could take a little rubbing and a little heat today and turn it into, say $300 million in 20 years would you? I’m thinking…maybe it was me who invented the internet.