My father was willing to give up literally everything he had and pack his bags and bring us here, Alec told a reporter in 2016. Carter expects the league and its owners to move cautiously, given how some owners might be wondering if their own business interests could stand up to scrutiny. Because, as it turns out, the man formerly known as Eliasnow Alec Gores, founder and CEO of leveraged buyout firm The Gores Grouphas a net worth currently estimated at $2.1 billion. Sports franchise owners have been forced to unload teams, but that typically has involved financial troubles or questionable personal behavior, such as the racist remarks made by former L.A. Clippers owner Donald Sterling and former Cincinnati Reds owner Marge Schott. The campaign against Gores began not long after his Beverly Hills private equity firm acquired Securus for $1.6 billion in 2017. His family is an immigrant from Israel, and they moved to Detroit in 1969. Criminal justice activists want for-profit companies out of the system, including private prison operators and service providers, such as Securus. // Photo courtesy of The Cabinetworks Group. The other brothers havent done too badly, either. The foundation worked with Detroit's Parks and Recreation Department. The debate over prison telephone companies comes as criminal justice reform has found broad purchase, with newly elected Los Angeles County Dist. But he owns so much other real estate that it almost hurts our noggin to think of it. The opposite of Thunberg is Gates. Sadly, his father died of cancer shortly after the deal closed. However, it wasnt a straight shot to success for the Gores boys, who have come to personify the archetypal American dream. What Does it Cost to Attend an Arizona Cardinals Game? 409. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Believing that a team of outstanding people could meet almost any challenge, Mr. Gores began selecting the best and brightest he came in contact with to join him. Its the one that almost always has a dozen luxury vehicles parked in a neat row out front (Maybachs, Bentleys, Ranges, Astons and the like). Mr. Gores appears on both the Forbes list of the Worlds Billionaires as well as the Forbes list of Richest Americans, and is among the youngest individuals ever to appear on either. In 2017, someone called Gregory Wrightstone wrote a book trying to debunk Al Gore.It was called Inconvenient Facts: The Science that Al Gore doesnt want you to know.You can check out both books by clicking on the links below: Frankly, I didnt get much out of reading the book written by Al Gore. So were just gonna expand on her previous story. (A middle brother, Sam, is the chairman of Paradigm Talent Agency. He and the wifey still lay claim to a luxury compound in Grosse Ile, Michigan. In a letter to NBA Commissioner Adam . Toms brother Alec Gores is a billionaire by his own right too although the method of acquiring o wealth is similar to that of Tom; Alec earned his net worth of $2 billion by leveraging buyout of technology companies. Although his portfolio did not involve sports teams, he looked critically at the deal and realized that although the Detroit Pistons had been losing their value, the other assets involved were too good to pass by so he acquired both Detroit Pistons and Palace Sports & Entertainment for $325 million. He joined the paper in 2015 as an assistant business editor and has overseen finance, real estate and Washington business coverage. No, lets just raise taxes (because bloated government solves everything, right? That reporter was from Forbes. Are you seeing why we wroteall this up? [13], On June 1, 2011, Gores and Platinum Equity bought Palace Sports and Entertainment (PS&E) (the parent company of the Pistons and their former arena, The Palace of Auburn Hills) becoming the third owner in the franchise's 70-year history. Ordera Ryans Roses? At some point, it seems, Mr. Gores was planning to build a massive complex up there. Jets dodge 0 . Or both, right? Some [subjective] things certainly rise to the level of being untenable, maybe Marge Schott with the Cincinnati Reds and Donald Sterling with the Clippers, he said. Tom and Lisa Gores were doing the hokey-pokey! Its another inconvenient truth.. We digress! Then there is, Read More 10 Things You Didnt Know about Phoenix Suns Owner Robert SarverContinue, Football is one of the most popular American pastimes. Im not sure how this inconsistency can be hand-waved away. Last thing. So you are saying that Al Gore is not a hypocrite?! There is the outspoken Jerry Jones whose opinions are generally restricted to the NFL and his Dallas Cowboys. Al Gore segment on Hannity's America showing the eco-warrior taking a luxury private jet in late August. Is there no place sacred? Its all new money and foreign money, kiddies. Under the category of "time flies," this summer marks 10 years since Tom Gores purchased the Pistons franchise. And of course he owns the Detroit Pistons NBA team. Oops. The purchase was not in cash entirely but involved trading in another 3.2-acre property in Bel Air. The estate sits directly between David Geffen and Ron Burkles mega-estates and directly across the street fromFleur de Lys, that mega-mansion that sold for a ludicrous $88,300,000 back in 2014. Worth Rises, a New York nonprofit, made the demands in a letter sent Dec. 10 to NBA Commissioner Adam Silver and the leagues board of governors, contending Gores has failed to live up to pledges to lower the rates charged by Securus Technologies. An 8-to-5 job just wasnt a fit, he once told an interviewer. But offer up ACTUAL PROOF. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. Tom graduated from high school in 1982 and enrolled at Michigan State University on a scholarship. Bombardier Global 7500. When it comes to environmental politics, they are literally struggling to come up with one single proper argument. Make sense? Mister Donald Trump himself. To prove that he doesnt use them then you need to state with, with actual citated facts the name of the airline and if he flies in coach/business class/1st class. And just because hes an LA boy now doesnt mean that Mr. Gores has abandoned his roots. When their aunt went to pick them up from the airport she instantly gave Tewfiq and his brother new names; Elias became Alec while Samir changed to Sam. In October 2010, it was reported that then-Detroit Red Wings and Detroit Tigers owner, Mike Ilitch, would purchase Detroit's NBA franchise. Elon Musk was called out in June for flying in a private jet. As yall may be aware, Mr. Gores is no longer a Mulholland Estates resident he sold off all three of his holdings in 2012 and 2013 (to three different buyers). After all, I keep myself updated on nearly any environmental issue that can be found out there.But Inconvenient Facts was quite an interesting read. The Goreses were born in Israel Alec in 1953 and Tom in 1964 and moved as kids to Michigan. By Sean Corp Sep 2, 2020, 3:31pm EDT. Mr. Gores has two older brothers Alec and Sam who are both extremely powerful and successful (and rich) in their own right. Gore has lots of money and he makes more money talking about global warming and burning fossel fuel doing so. We didnt intend to post this on Halloween. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Do Not Sell or Share My Personal Information, Troubled companies made him billions. Unfortunately, EpiPen is quite expensive, and the two girls decided to make the treatment more accessible to the less privileged families. One is apparently a Dassualt Falcon 7X, 3 engine high performance long range jet for getting around the globe as quick as possible. NBA bylaws allow the league to revoke a teams ownership under certain conditions by a three-fourths vote of owners. . I can see that some angry Republicans are already filling the comments section here, which isnt very surprising. When the NBA resumed play July 30 after a hiatus for COVID-19, Black Lives Matter was emblazoned in huge black letters across the court where games were played in the bubble, and on players jerseys. Top business publications have recognized Platinum Equity as one of the most important private companies in America, ranking 22nd on the 2015 Forbes list of Americas Largest Private Companies and #5 on the 2013 Los Angeles Business Journal list of LAs Largest Private Equity Companies. In his youth, he stocked shelves at his father's small grocery store in Flint. Laurence Darmiento covers wealth and dealmakers in Southern California for the Los Angeles Times. He is the founder of Platinum Equity, a private equity firm with headquarters in Beverly Hills, California. Mr. Pellicano did just that and guess what? In 1964, Tewfiq Georgious (AKA Tom Gores) a longtime fan of the head-tilt was born in Israel (he is not Jewish, in case you were wondering). Mr. Gores was born in 1964 and resides primarily in Beverly Hills with his wife and children. In fact, weve, Read More How Much Does it Cost to Attend a Baltimore Ravens Game?Continue, As arguably one of the most recognizable sports franchises on the face of the planet, the logo for Los Angeles Dodgers has played an important role in developing its brand. It was Ms. Harrah who sold the house in 2005 for $14 million to Vegas-based entrepreneur Carl Parmer, who then raked in a profit of more than $20 million by selling it to Mr. & Mrs. Gores. Tom Gores, chairman and CEO of Platinum Equity and owner of the Detroit Pistons, announced plans today to build a new $20 million community center in Rouge Park on the City of Detroit's west side. How Much Does It Cost to Attend a San Francisco 49ers Game? In 2016, Gores and his wife Holly donated $5 million to the hospital to establish the Gores Family Allergy center, which helps provide comprehensive care and research in allergy studies. We and our partners use cookies to Store and/or access information on a device. During an interview over the summer, I asked Gates what he does to lower his own carbon footprint. It's also a question criminal justice reform activists have directed to Detroit Pistons owner Tom Gores, whose private equity firm owns Securus. I have a goal of connecting eco-conscious consumers and brands to expand the overall focus on sustainable products and services. Hi, thanks for your nice and well-written comment. At the conclusion of the Pistons 20182019 season he made a donation of $255,000 to S.A.Y Detroit which was the result of a pledge Gores made during the annual radiothon to donate $5,000 for every Pistons win during the regular season and a $50,000 bonus for making the Playoffs. Thats a story for another day (soon, we promise!). Los Angeles-based Platinum is run by billionaire founder Tom Gores. Last but most definitely not least, theres Mr. Gores latest acquisition the $100 million mansion on hoity-toity Carolwood Drive. For what its worth, the mega-mansion next doorandthe one across the street are both owned by members of the Saudi royal family. This site uses Akismet to reduce spam. In October 2016, he spent $100,000,000 to buy a 30,000 square foot mansion in Holmby Hills estate and according to TMZ Sports the property once belonged to Barbara Streisand. He served on the board of trustees of the Los Angeles County Museum of Art (LACMA) until October 2020 and was also a member of the board of directors at both St. Joseph's Hospital and the UCLA Medical Center. Every single time some (poorly educated) climate denier loses an argument in a discussion about whether or not climate change is real, they would come up with: You know whatI dont believe in climate change, and neither do the people that promote it. The fact is that money is king. An activist group is pressuring the NBA to oust Detroit Pistons owner Tom Gores unless his private equity firm divests itself of a prison telephone company. It accuses the suburban Dallas telecom of price-gouging families that are disproportionately Black, brown, and low-income as they struggle to keep in touch with their incarcerated loved ones, and cites the leagues commitment to the Black Lives Matter movement. In May 2009, Gores purchased The San Diego Union-Tribune for an estimated $30 million[5] (the newspaper was sold in 2011 for $110 million). So were gonna put it down on paper (or at least in a blog post) so we can forget about it all. "The Microsoft founder owns a private jet and is one of the wealthiest people in the world." He doesn't own "a" private jet. Speaking of 2006, thats when our beloved Mr. Gores transformed into a bonafide real estate baller. In November 2008, the perennially itchy-footed fellow forked out $18,000,000 for a 7,000+ square foot mansion. Its leather interiors and beautiful colour schemes help make this jet . He is the founder of Platinum Equity, a private equity firm headquartered in Beverly Hills, California. He razed the not-yet-complete compound, the one he just spent millions building! Mr. Gores (and his wife Holly, we assume) were represented in the $100 million sale by his nieces, Tiffany & Christy Martin, and by his sister Samira Gores, all of The Agency. While this community home to klassy folks like Charlie Sheen, Paris Hilton, Sydney Holland and Slash carries a 90210 zip code and therefore is considered part of the Beverly Hills Post Office, its technically located within the much less-glam Valley neighborhood of Sherman Oaks. In an interview with Forbes, Tom revealed his reasons for purchasing the team after someone approached him. [7], After high school, he attended Michigan State University, where he worked as a janitor and telemarketer to make ends meet. Sam is the founder of Paradigm Talent Agency, which is one of the top entertainment agencies in the whole wide world. I like to move fast, and I like to work hard. A third fund debuted in 2011, aptly called Gores Capital Partners III. Alecs daughter, Rochelle Gores Fredston, founded the Philanthropic Society Los Angeles in 2010 (renamed Learning Lab Ventures in 2017). He studied acting at the American Academy of Dramatic Arts in New York City, and in 1977 he took a job at The Gage Group, a talent agency headed by well-known industry player Martin Gage. Signing up for our Newsletter is subject to our Privacy Notice. The private investigator had tapped the phones of Tom and Lisa, and the conversation was therefore recorded leading to Alec putting his suspicions to rest. Ellen DeGeneres Buys Another Grand Old Montecito Estate, Reclusive Texas Billionaire Paid $45 Million for Paul Allens Beverly Hills Estate, Refined Estate in the Hills Sells to Fayed Family Member, was also a non-standard transaction that involved cash and two vacant parcels of land, might be fooling around with his little brother Tom, already performed an in-depth and very comprehensive dissection, to professional screecher and chair turner Christina Aguilera, part of his trade in exchange for his new $100 million house, Eva Longoria, Jos Bastn Hang $23 Million Price on Secluded Beverly Hills Estate, Socialite Jamie Tisch Sends Sun-Drenched Sunset Strip Midcentury Back to Market, YouTuber Cody Ko Puts Snazzy Venice Compound Up for Sale, Michael Milkens Son Asks $64 Million for Longtime Palisades Home. She said she emailed the league back that her group had already done that over nearly two years of discussions with Platinum Equity. Are you concerned now about Big Tech? Do you get concerned about the oil and gas industries as opposed to clean tech and solar? In addition to all these properties weve just discussed, Mr. Gores lays claim to many more less-significant holdings in LA. Our commitment to the community and to social justice is visible every day in impactful programs in Detroit supporting education, economic development, community involvement, civic and voter engagement, athletics and philanthropy, the statement said. Catherina was so passionate about the initiative that she settled on studying business and nonprofits at the University of Southern California. [9], Gores was first listed on the Forbes 400 list of the wealthiest Americans in 2002. Give it a rest. Matt Stromberg October 9, 2020. He has funded scholarships in the city for underprivileged kids, is on the board of trustees for the Los Angeles County Museum of Art, and previously served on the board of directors at both St. Josephs Hospital and UCLA Medical Center. How Much Does it Cost to Attend a Baltimore Ravens Game? They buy a house in Malibu, duh! He's also one of the biggest and deepest-pocketed investors in clean-energy technologies. He is! And he liked what he saw with his team pulling out a . [6] When he was around five years old, he and his family left Nazareth and settled in Genesee, Michigan located 10 miles northeast of Flint. Garrett by trade is a personal finance freelance writer and journalist. Securus, owned by Tom Gores' private equity firm Platinum Equity, rakes in more than $700 million annually charging families disproportionately from Black, Brown, and economically distressed communities for phone calls from prisons, jails, and immigrant detention centers. Literature two books about Al Gore and his environmental politics, An Inconvenient Truth fantastic documentary, Inconvenient Facts: The Science that Al Gore doesnt want you to know. [9] In 2006, he led a deal to acquire PNA Steel, ultimately selling it to Reliance Steel & Aluminum Co. in 2008 for a net profit of $512 million. No, he does not. - In a gesture meant to call people to action on climate change and the environment, Al Gore took to the skies in a private jet to write "Save the Planet" in the sky, sources confirmed Monday. Related by financial asset: Hostess Brands, Inc, Related by origin of wealth: private equity. OF THE CLASS HE FLIES IN. Leonardo DiCaprio and Elon Musk springs to mind. Darmiento previously had been the managing editor of the Los Angeles Business Journal and was a reporter for the Los Angeles Daily News and other outlets. Not since Bren Simon and Patrick Soon-Shiong several months ago, in fact. Gores bought the team from the Davidson estate, controlled by Bill's wife, Karen. Alec struck out on his own in 1978,getting an $8,000 loan from his dad and setting up a computer hardware and software distribution business in his basement. As a result, it is natural for people living in San Francisco and the surrounding region to be interested in seeing the San Francisco 49ers play, Read More How Much Does It Cost to Attend a San Francisco 49ers Game?Continue. Over 30,000 scientists have signed a petition calling out all this nonsense too, but you cultists just plug your ears and sing. The consent submitted will only be used for data processing originating from this website. If we are not making progress, I am very impatient. On June 1, 2011, Gores and Platinum Equity became the owners of the National Basketball Association's . He had a hunch, you see. About Tom Gores. A New York native, he is an alumnus of Cornell University. He is the founder of Platinum Equity, a private equity firm with headquarters in Beverly Hills. The property worth $100 million is on 3.2 acres of land and is over 300,000 square feet of interior space with ten bedrooms and twenty bathrooms across both the main and guest house. There are only around 22,000 private jets in use worldwide, and even a majority of these are simple minivan-size craft and other puddle-jumpers, commonly flown by hobbyist pilots; they would strike most observers as less luxurious than alarming. In January 2016 Gores launched FlintNow, a campaign to raise private sector funds to address the Flint, Michigan water crisis. Tom Gores, chairman and CEO of investment firm Platinum Equity and owner of the Detroit Pistons, has a net worth estimated at $4.65 billion, per Bloomberg's Billionaires Index as of June 4. 2023 Forbes Media LLC. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million, How Bebe Rexha Achieved a Net Worth of $10 Million. It would appear that Gores would be even less likely to want to part with the Pistons, whom he rooted for growing up in nearby Flint, Mich. Gores acquired a controlling stake in the team and its suburban arena in 2011 for $325 million and bought out the remaining 49% stake in 2015. In 1995 he decided to go it alone, starting Platinum Equity. The earth does change. Theres a million-dollar condo in the Stone Canyon area near Mulholland Drive, a tiny house in the flats of Beverly Hills (acquired for $3,325,000), a tiny house in Mandeville Canyon (purchased for $1,900,000), and a large (and rather ugly) fixer in the hills of Brentwood, purchased earlier this year for $7,400,000. June 12, 2018 10:30 am ET. As that Victoria Beckham creature would say, its mayja. Tom is willing to pay as much as $10 billion for the acquisition which he is making through Platinum Equity. Amid a growing national referendum on criminal justice reform, Gores stepped down from the board of the Los Angeles County Museum of Art two months ago over the deal, and now the Los Angeles billionaire finds himself under fire again. Life has its weird sense of humor; someone out there has to work day and night to pay a rent of less than $1,000 while another person is spending millions of dollars to buy a house. The sports court sold in March 2012 for $1,600,000 to Armenian TV producer Vaagn Sarkissian (who has since built a large mansion on the property), the smaller mansion sold in October 2012 for $4,800,000 to whack-a-doodle non-winning actor Charlie Sheen (who used it to house his third ex-wife Brooke Mueller before selling it in June 2016 for $5,415,000 to real estate agent Matthew Altman), and the large mansion (which Mr. Gores briefly rented to former Real Housewivesstar Adrienne Maloof)sold in April 2013 for exactly $10,000,000 to professional screecher and chair turner Christina Aguilera. In early 2002, he paid $1,105,000 toacquire a small vacant lot directly across the street, which he gated and hedged and developed with little more than a patch of grass and a sport court. United Site . Gores oversee more than 40 companies through his private Equity firm. This July, Sir Tom Jones will sing 'Delilah' at Cardiff Castle for the first time after the Welsh Rugby Union banned the song. Platinum Equity has acquired The Cabinetworks Group in Ann Arbor. Now listen up. Detroit Pistons owner Tom Gores became one of L.A.s richest men snatching up imperiled companies and offloading them for profit. Tom Gores: The Beverly Hills financier counts hotels, transit companies and an aerospace . In August 2003, Mr. Gores slammed down a baller-style $22,600,000 to acquire internet entrepreneur Marc Andreessens mansion located on what is oft-considered to be one of the best strips of sand in the city. But in the five years since, much has been sold or bought. Growing up in the Rust Belt was a far cry from the brothers' future positions in Hollywood's upper crust. Gore flew from coast to coast and wrote the message in the sky above dozens of metropolitan areas in a courageous move to ask people to stop burning jet . Tom Gores founded Platinum Equity in 1995 and his guidance, core philosophies, and strong principles drive the strategic development and direction of both the firm and its portfolio. I hope that you are a vegan, have never stepped your feet into an airplane, dont own a car and only shower in cold water!. The property also includes a wine room, lounge, theatre complex, spa, pool, and steam rooms. . Gores has characterized himself as a change agent, defending his ownership to the museum board during a meeting in which he talked about his efforts to lower rates and reform Securus. [18], In April 2016, Gores and Cleveland Cavaliers owner, Dan Gilbert, announced their intention to bring a Major League Soccer franchise to Detroit,[19][20] although that deal is currently in limbo as the MLS considers multiple expansion options. Lisa and Alec divorced in August 2001 as Fox News reported. Light that beotch up. All you have done is say, state that he does not use any private jet. Here he developed his principles of empowerment, hard work, and integrity. Not sure if you are serious or not, but hey: we are all allowed to have our opinion, dont we? Most of them can be found on Netflix. 360 N. Crescent Dr.Beverly Hills, CA 90210. If Mister Gore, or someone else, pointed fingers towards people that had a certain lifestyle, he would probably have to defend that by living in the same way himself. He flies around the world in his private jet (I dont care what the f. In 1999, Mr. Gores significantly upped the stakes with the $4,595,000 acquisition of a 10,000+ square foot mansion in the Mulholland Estates guard-gated enclave. [40], In 2016, Gores purchased a contemporary-style mansion in the Holmby Hills area of LA. We don`t . Reflects change since 5 pm ET of prior trading day. When you have that kind of money, one size jet just won't do. The two-house spread features a pool, a pool house, a full soccer pitch, and a private boat dock on the Detroit River. Not to overly toot our own horn, but yall know Yolanda was the first to call that one, right? This year, San Francisco became the first county in the nation to offer free phone calls. For those of you wonderful readers who have been following this silly blog for some time, you may know that its been quite awhilesince weve posted one of our absurdly legendary real estate baller profiles up in here. We have exhausted that channel. You may unsubscribe any time. learn electric principals of physics and basic electricity before u fall into the green energy trap do any of you even know what OHMs law is? Tom and Alec spent their 20s learning the buyout business together before splitting in 1995. During the Flint water crisis, Tom pledged $10 million for relief efforts. With over 10 years experience he's covered businesses, CEOs, and investments. Your email address will not be published. NBA team owner Tom Gores stepped down from the board of the Los Angeles County Museum of Art on Thursday night after calls for the billionaire's ouster over his investment firm's ownership of a . The firm says it has around $23 billion in assets under management and also owns the NBA's Detroit Pistons. In August 2015 he purchased Platinum's stake, giving him 100% of the team's equity. Most people would justify this by stating that managers dont do much in the way, Read More The Five Highest Paid MLB Coaches Heading into 2017Continue, Owners of professional sports teams in the United States cover a gamut of personalities. job candidate or employee who may not look, at first glance, to be exceptionalthose with Super Bowl talent and determination who need the chance to be drafted to prove themselves. $2.5 billion, according to our most recent tally. Between 1996 and 2001, Gores led 32 acquisitions, including those of Pilot Software, Racal, and Williams Communications. Email Share Tweet . But Mr. Gores wasnt done spending the cash. He also allowed his teams new practice facility to serve as a polling place this year. In the face of the criticism, the firm still raised $10 billion, its biggest fund yet. Today, Tom, who is number 200 on the Forbes 400, is worth an estimated $3.9 billion. [25] In June 2018, Gores hired former Toronto Raptors head coach and the reigning NBA Coach of the Year, Dwane Casey. TAPPER: This is a criticism we hear from conservatives all the time when talking about people like you or Elon Musk or Leonardo DiCaprio, that you, yourself, have a large carbon footprint. 2023 Dirt.com, LLC. ), and aim for zero CO2 (because what is photosynthesis? And can you guess who was behind the false private jet claim? George Gascn announcing on his first day in office that he would eliminate the use of cash bail. A central closet in the house holds geothermal heat-pumps drawing ground water through pipes . Good school choice, Miss Gores. 30,000-square-feet of spec-built space, two outdoor pools, one indoor pool, a 5,300-square-foot master suite, and plenty of space for taking all the head-tilt photographs hecould want. Climate alarmist cults been saying the world will end in 10 years for the last 75 years. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Our Mr. Alec Gores goes out and pays Anthony Pellicano at that time widely-known as the top private investigator in LA a whopping $280,000 to spy on his wife and brother and to wiretap both their phones. [3][6], After college, Gores had a short stint at Continental Telephone before helping found a lumber-logistics software firm (Ventech). Tom worked at Continental Telephone after graduating, and it was there that Tom met Holly, who would become his wife. The jet thing doesnt bother me much, at a minimum you can say that he has to travel around to spread his message and we havent developed a greener way to do it than airplanes yet. Inconvenient Facts: The science that Al Gore doesn't want you to know, An Inconvenient Truth: The Planetary Emergency of Global Warming and What We Can Do About It. ), and make everything electric (power companies really love this one, but lets not look at where power comes from or accept that solar/wind is not dependable) because lets not actually ask questions, no thats unforgivable, but not as unforgivable as being a heretic to the climate cult dogma. Mr. Gores first LA property purchase (we think) was his 1995 acquisition of a mansion out in the Valley.