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May 24, 2007

Man of the people: Al Franken worth over $4.3 million

Al Franken is truly a man of the people, just as long as you define "people" as "those worth somewhere between $4.3 million and $9.9 million." Spokesman Andy Barr says it's more towards the low end. His salary last year - via his company Alan Franken Inc. - was just over $1 million.

Meanwhile, his opponent, Senator Norm Coleman, can only come up with a $564,000 IRA rollover.
...Franken, a former "Saturday Night Live" writer and performer, lists assets including mutual funds, municipal bonds in New York and Minnesota, bank accounts and Alan Franken Inc. Most are owned jointly with his wife, Franni. Alan Franken Inc. is valued at between $500,000 and $1 million.

The report also lists a few dozen sources of compensation of at least $5,000, including "Saturday Night Live" residuals; film residuals for the movie "When a Man Loves a Woman," which Franken co-wrote with Ron Bass; and speaking engagements. Those fees were all paid to Al Franken Inc., Barr said.

Posted in StuartSmalley at May 24, 2007 10:49 AM

Monitoring Air America Radio [TM] so you don't have to.


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