Tuesday, May 22, 2007

Al Franken's Worth Nothing to Laugh At

WASHINGTON - Al Franken, a comedian and best-selling author before launching his Senate campaign this year, is worth between $4.3 million and $9.9 million, according to a financial disclosure form he filed with the Senate.

Franken, a Democrat who hopes to challenge Minnesota Sen. Norm Coleman next year, listed a salary of just over $1 million last year from his corporation, Alan Franken Inc.

That corporation is the business entity that provides Franken's services - such as speaking engagements and his prior service on Air America Radio - and then pays Franken a salary at the end of the year after commissions, taxes and other fees are paid, said his campaign spokesman, Andy Barr.

The disclosure reports require figures to be reported only in broad ranges. Barr said that Franken's net worth is closer to $4.3 million than $9.9 million......

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