Al Gore has made millions from climate awareness
Former Vice President Al Gore made headlines this week by delivering an angry soliloquy on climate change at the World Economic Forum in Davos, Switzerland, but as the Daily Mail reports, the same global perils of which he warned have also helped make him extremely wealthy.
As a result of his inside involvement in green technology investments and his willingness to make the rounds on the public speaking circuit, Gore has accumulated an impressive net worth estimated at roughly $330 million, up from the modest $1.7 million he claimed a little over two decades ago.
Gore's “green” fortune
A few years after losing the White House to George W. Bush back in 2000, Gore, together with friend and former Goldman Sachs executive David Blood, launched Generation Investment Management, a firm dedicated to supporting companies committed to advancing environmentally friendly technology.
The success of the firm is undeniable, with its current worth hovering around $36 billion, and from that, Gore draws a staggering $2 million per month in salary.
As the Mail noted, at the time of the firm's inception, Gore acknowledged his lack of investment knowledge as well as his arguably ceremonial role atop the entity, saying, “I'm not a stock picker.”
The riches generated by Gore's investment firm have been prolific in scope, with a reported $218 million in profits amassed between 2008 and 2011, an amount divided among 26 partners, including the former vice president, surely helping him afford such luxuries as a San Francisco high-rise condo, a Montecito, California mansion, a Virginia home worth several million dollars, and a Nashville spread that reportedly has energy usage 20 times the national average.
Though the firm holds shares in household names including Microsoft, Amazon, and the like, it has also placed investments in smaller, green-tech firms known for making electric scooters and the like.
Contemporaneously with the launch and early years of his investment fund, Gore transformed himself into the veritable face of climate alarmism, delivering lectures about the dangers global warming presented to the world's very existence.
Gore parlayed those speeches into a marquee role in the controversial climate change documentary An Inconvenient Truth, subsequently taking his wildly lucrative – yet apocalyptic – message about global warming to audiences around the world.
Gatherings of the world's liberal elites have always been favored – and receptive – destinations for Gore, with his appearance at the 2020 World Economic Forum (WEF) yielding a particularly dramatic characterization of where things stand.
Referencing great battles and crises throughout history, Gore attempted to spur attendees into urgent action, saying, “This is Thermopylae. This is Agincourt. This is Dunkirk. This is the Battle of the Bulge. This is 9/11. We have to rise to the occasion.”
“Rain bombs” and other perils
Gore's most recent warnings of impending disaster came this week, again in Davos, when he shouted about climate change and his assessment that it is “boiling the oceans” and producing destructive “rain bombs,” as Fox News noted.
The former vice president railed at those who would ignore the perils of climate change and treat the Earth's atmosphere as an “open air sewer.”
Speaking of the troposphere he claims is being used as the aforementioned sewer, Gore said, “We're still putting 162 million tons [of greenhouse gas] into it every single day and the accumulated amount is now trapping as much extra heat as would be released by 600,000 Hiroshima-class atomic bombs exploding every single day on the earth.”
That, Gore said angrily, is “what's boiling the oceans, creating these atmospheric rivers, and the rain bombs, and sucking the moisture out of the land, and creating the droughts, and melting the ice and raising the sea level, and causing these waves of climate refugees.”
Greenpeace calls foul
Environmental activist group Greenpeace was among those calling out uber-rich attendees – like Gore – for their posturing at the World Economic Forum, blasting them for, as the New York Post noted, their “ecological hypocrisy.”
“Europe is experiencing the warmest January days ever recorded and communities around the world are grappling with extreme weather events supercharged by the climate crisis,” said Klara Maria Schenk of the organization. “Meanwhile, the rich and powerful flock to Davis in ultra-polluting, socially inequitable private jets to discuss climate and inequality behind closed doors.”
While arguments about the double standards exhibited by WEF attendees and their private jets are certainly well-taken, a different type of objection to the seemingly hypocritical riches enjoyed by the likes of Gore was sarcastically conveyed by journalist Jim Treacher who tweeted, “[That feeling when] you made millions screaming the sky was falling and then it didn't.”