Gates' asset portfolio and annual income

not that i ever thought he was, but he clearly ain't one of the grassroots...

Gates is a member of the board of directors of NACCO Industries, the Cleveland-based parent of the NACCO Materials Handling Group, a lift-truck company and Defense Department contractor. He holds stock worth $100,000 to $250,000 and earned $134,750 in director fees from the company since 2005, the financial report he filed with the federal government shows.

Gates is part of BLO Family Properties, a family owned company in Mount Vernon, Wash. He described that asset as worth $1 million to $5 million.

Other assets and earnings detailed in Gates' financial report from 2005 to the present include:

• $752,788 in salary as president of Texas A&M University.
• $137,469 in a lump sum from a Texas A&M deferred compensation plan.
• $397,834 in compensation from Fidelity Investments, where he is chairman of the board of trustees.
• $163,000 from a total of 10 speeches, including $16,000 each in speaking fees from National Pest Management, AIM Investments, Mellon Financial, Target Corp. and others and $20,000 for addressing the Securing America's Future Energy Foundation.
• $91,000 in director fees from Parker Drilling Co.
• $80,033 in director fees from Brinker International [Chili's, Macaroni Grill, etc.].
• $64,749 in consulting fees from The Mitchell Group, an energy consulting group in Houston.
• A $5,000 consulting fee from Temple Inland, a real estate firm in Austin, Texas.

not using a calculator and having no head for numbers, that looks like an income of upwards of $1.8M in, what, maybe a year and a half...? not too shabby... ya think he can relate to those poor grunts dying or coming back wounded from iraq...? < ponders > nah...

(thanks to commenter ed h. at liberal doomsayer...)

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