Connect with us

Politics

Wawa Stock and $500,000 in Cattle: Dr. Oz’s Senate Bid Reveals His Wealth

Published

on

Tv made Dr. Oz wealthy, however now we’ve a greater thought simply how wealthy.

The superstar physician Mehmet Oz, whose TV profession was given liftoff by Oprah Winfrey and who left it behind to run for the Senate in Pennsylvania, has a private fortune of $76 million to $300 million, he disclosed Wednesday evening in a authorities submitting.

The property, which Oz owns solely or collectively together with his spouse, embody a big personal funding within the iconic Pennsylvania gasoline and comfort chain Wawa, in addition to far-flung properties in New Jersey, Pennsylvania, New Hampshire, Florida and Turkey, from which his mother and father emigrated earlier than he was born.

Final 12 months, Oz purchased a cattle farm in Okeechobee, Fla., whose cows are price as much as $500,000. A house he owns in Palm Seaside, Fla. is valued between $5 million and $25 million. Exact figures can’t be decided as a result of the monetary disclosure, required below federal legislation, asks for asset values in a broad vary.

However this a lot is evident: If elected, Oz can be one of many wealthiest members of the Senate. Constructing on his superstar, he has used his fortune to propel himself towards the highest of the Republican subject in one of many nation’s most costly main races. He put in $5.3 million of his personal cash final 12 months, and he might nicely report including extra in a brand new marketing campaign submitting later this month.

Advertisement

Oz, 61, is vying for the G.O.P. nomination in what’s broadly considered as one of many nation’s most pivotal Senate races, to fill the seat of a retiring Republican, Pat Toomey. Republicans view it as a must-win race for management of the Senate. Democrats regard Pennsylvania, which President Biden narrowly received in 2020, as an opportunity to offset potential losses by the celebration’s most susceptible incumbents in states like Georgia and Arizona.

To achieve the final election, Oz must emerge victorious from a nasty slugfest with one other superrich first-time candidate, David McCormick, the previous chief government of Bridgewater Associates, the world’s largest hedge fund. McCormick, who has not but filed a monetary disclosure, should accomplish that no less than 30 days earlier than the Could 17 main.

Collectively, Oz, McCormick and a number of other tremendous PACs funded by their rich supporters have juiced the rivalry with greater than $37 million in promoting, largely on tv, in keeping with Advert Influence. Professional-McCormick tremendous PACs have gone after Oz as a closet liberal. A brilliant PAC backing Oz has denounced McCormick as delicate on China.

Though Oz usually criticizes Large Tech on the marketing campaign path, and he has sought to enchantment to Trump-centric main voters by opposing “huge authorities, huge media and massive enterprise,” his disclosure reveals he has enormous investments in among the nation’s largest corporations, together with Amazon, Apple and Alphabet.

Earlier than operating for workplace, he presided for greater than 12 years over “The Dr. Oz Present” on daytime TV, which he co-produced with Winfrey’s firm. He reported incomes $2.2 million final 12 months because the present’s host and supervising producer and one other $7 million as an proprietor of Oz Media, which co-produced the present. It went off the air in January.

Advertisement

One other supply of 2021 earnings was paid speeches: Oz earned $120,000 to handle a medical basis in Texas and $125,000 to talk to the American Pistachio Growers commerce affiliation in California. (He as soon as promoted a pistachio protein shake by means of his present.)

At a discussion board for Republican Senate candidates final week, Oz stated he had gladly walked away from his profitable present and its spinoff enterprises to hunt public workplace. “I made a decision that I might burn the boats,” he stated. “Quit a tv present — the highest well being present on the planet. 13 years. Ten Emmy Awards. Cease all of the books. I’ve offered 20 million books, most likely. Cease the companies.”

He stated the selection felt “cathartic nearly,” as a result of public workplace was “maybe a very powerful contribution you’ll make.”

After clashing on the airwaves, Oz and McCormick lastly met on the identical stage on the business-sponsored discussion board, held in Erie. McCormick swiped at his rival over his place on fracking, a high difficulty in energy-rich Pennsylvania.

“Mehmet, in your reveals and in your columns, you’ve argued for extra regulation in fracking,” McCormick stated. “You’ve made the case that there’s well being results from fracking. And also you’ve argued for a moratorium in Pennsylvania.”

Advertisement

“That may be a lie and it’s a lie,” Oz objected. “You’ve been operating these adverts over and over claiming issues are dishonest.”

The moderator squelched the back-and-forth, reminding candidates that the discussion board was not a debate and that they’d agreed to guidelines barring private criticisms.

Two different G.O.P. Senate candidates current, Jeff Bartos and Kathy Barnette, expressed deep frustration that their efforts to barnstorm the state, assembly voters nose to nose, have been being eclipsed by the high-priced tv air warfare between Oz and McCormick.

With lower than six weeks till the first, there could also be no stopping the dominance of the ultrawealthy candidates.

  • Choose Ketanji Brown Jackson was confirmed to the Supreme Court docket, turning into the primary Black lady to be elevated to the highest of the judicial department. Three Republican senators joined all 50 members of the Democratic caucus in voting for her nomination. Observe reside updates.

  • The New York State lawyer basic, Letitia James, filed a movement asking a choose to carry Donald Trump in contempt for failing to show over paperwork in her civil investigation into his enterprise actions.

  • Our colleague Jonathan Weisman studies on an increasing authorized effort to disqualify from re-election lawmakers who participated in occasions surrounding the Capitol riot. At the moment, a gaggle of voters and a progressive group filed swimsuit towards three elected officers in Arizona to bar them below the 14th Modification from operating once more.

  • And Speaker Nancy Pelosi examined constructive for the coronavirus, becoming a member of a collection of distinguished officers in Washington who’ve grow to be contaminated in latest days.

how they run

Advertisement

When one of many Republican contenders for a congressional seat in New Jersey was arrested not too long ago after being pulled over on suspicion of driving below the affect, he deployed a novel protection: “You recognize I’m a congressional candidate on this district, proper?”

You wouldn’t essentially comprehend it from appears alone. A health club proprietor who gained a following for defying the state’s coronavirus restrictions — at one level, he known as Gov. Phil Murphy a “slimeball” — Ian Smith doesn’t reduce the determine of a standard Republican candidate.

Closely muscled, with a protracted beard and tattooed shoulders he shows whereas carrying camouflage tank tops, Smith is what you would possibly name a Marjorie Taylor Greene Republican — an uncommon cocktail of bodily health, anti-government sentiment and skepticism of overseas intervention. He would look extra at house in an episode of “Duck Dynasty” than a congressional listening to.

“I’m not a part of the institution,” Smith stated when kicking off his marketing campaign in February. “Individuals are in search of one thing completely different. They’re hungry for one thing completely different.”

Within the Trump period, Smith’s path to workplace as soon as appeared nearly believable. He had a passionate, dedicated base of supporters animated by lockdowns and masks mandates, and had raised hundreds of {dollars} on-line to fund his authorized battles with the state authorities. And in spite of everything, within the 2021 legislative elections in New Jersey, an unknown truck driver dethroned the state’s longest-serving Senate president.

Advertisement

“Let’s face it, not lots of people come out in these main elections,” stated Micah Rasmussen, who runs the Rebovich Institute for New Jersey Politics at Rider College.

In accordance with a police report of the March 27 incident, Smith’s Ford pickup truck was pulled over after it was “failing to keep up its lane.” The officer on the scene stated that he smelled alcohol on Smith’s breath and that his eyes have been “bloodshot and watery.” Smith failed a roadside sobriety take a look at, then refused a breathalyzer take a look at on the station and was launched to a “sober third celebration.”

Smith disputes that he was drunk, and denies failing the sobriety take a look at. A marketing consultant for his marketing campaign, Steve Kush, stated it “seemed to me like he walked a straight line” within the video launched by the Cinnaminson Township Police Division.

As for the remark about being a candidate, Kush stated, “What he was making an attempt to say is, ‘I’m operating for Congress, I wouldn’t do one thing so silly.’” Kush added: “He could have his day in courtroom, he can be vindicated and everybody will owe Ian a giant fats apology.”

Smith is operating towards Consultant Andy Kim, the Democratic incumbent, in New Jersey’s redesigned Third District, which bisects the state to the east of Philadelphia. Earlier than redistricting, Kim was thought of one of the crucial susceptible members of Congress. His new district is far friendlier Democratic territory.

Advertisement

Smith at all times confronted lengthy odds. In 2007, he was convicted of vehicular manslaughter after hitting and killing a young person whereas intoxicated and served time in jail. He spoke concerning the accident in an Instagram video, wherein he stated he accepted “full duty” and stated that anybody who hated him was “utterly justified.”

He makes for a pointy distinction with Kim, whose most well-known second in workplace was an expression of modesty: a viral picture captured of the congressman on his fingers and knees, cleansing up the wreckage of the Jan. 6 riot on the Capitol.

Kim faces a considerably extra believable Republican challenger in Robert Healey, a yoga teacher who owns a yacht-making enterprise and was as soon as the lead singer in a punk rock band known as the Ghouls.

Is there something you assume we’re lacking? Something you wish to see extra of? We’d love to listen to from you. Electronic mail us at onpolitics@nytimes.com.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Politics

Video: Julian Assange Walks Free After Guilty Plea

Published

on

Video: Julian Assange Walks Free After Guilty Plea

new video loaded: Julian Assange Walks Free After Guilty Plea

transcript

transcript

Julian Assange Walks Free After Guilty Plea

After more than a decade of legal battles, the founder of Wikileaks left a courthouse in Saipan and boarded a plane home for Australia.

How does it feel to be a free man, Mr. Assange? Finally, after 14 years of legal battles, Julian Assange can go home a free man. This also brings to an end a case which has been recognized as the greatest threat to the First Amendment in the 21st century.

Advertisement

Recent episodes in U.S.

Continue Reading

Politics

Popular Republican and Trump running mate contender makes first Senate endorsement in 2024 races

Published

on

Popular Republican and Trump running mate contender makes first Senate endorsement in 2024 races

Join Fox News for access to this content

Plus special access to select articles and other premium content with your account – free of charge.

By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive.

Please enter a valid email address.

Having trouble? Click here.

EXCLUSIVE – Republican Sen. Tim Scott of South Carolina, who’s under consideration as former President Donald Trump’s running mate, is weighing in on the GOP Senate primary in a key battleground state.

Scott on Wednesday endorsed former Rep. Mike Rogers of Michigan, a former House Intelligence Committee chair who is the front-runner in the August Republican primary in the fight to succeed longtime Sen. Debbie Stabenow, a Democrat who is not seeking re-election this year.

Advertisement

The seat is one of a handful that Republicans are aiming to flip from blue to red in the autumn elections as they push to regain the Senate majority they lost in the 2020 cycle.

“Mike Rogers’ commitment to service has always been about putting the American people first. When Mike and I served together, he was a leader who delivered results and fought to expand opportunities for working families and those pursuing their American Dream,” Scott said in a statement. “I’m proud to endorse him to be Michigan’s next U.S. Senator because I know Mike will bring his servant leadership to the U.S. Senate.”

WHAT THE REPUBLICAN SENATE CAMPAIGN CHAIR TOLD FOX NEWS ABOUT WINNING BACK THE MAJORITY

Republican presidential candidate former President Donald Trump looks to Sen. Tim Scott, R-S.C., during a Fox News Channel town hall Tuesday, Feb. 20, 2024, in Greenville, S.C. (AP Photo/Chris Carlson) (AP Photo/Chris Carlson)

Scott’s backing of Rogers, which was shared first with Fox News, is his first formal endorsement in a Senate race this election cycle, although he’s helped other Republican candidates raise money.

Advertisement

Rogers, an Army veteran and a former FBI special agent before serving in Congress, enjoys the backing of the National Republican Senatorial Committee (NRSC), which is the campaign arm of the Senate GOP. And in March, Rogers landed the endorsement of Trump, the party’s presumptive presidential nominee.

6 KEY SENATE SEATS REPUBLICANS AIM TO FLIP IN NOVEMBER 

“Senator Scott has been a tremendous champion for conservative values in the U.S. Senate and I’m honored to receive his endorsement,” Rogers said in a statement. “Together in the Senate we will work with President Trump to help Michigan families, lower the cost of gas and groceries, and secure the southern border.”

Rogers has also been endorsed in recent months by seven other Republican senators, as well as Mike Pompeo, who served as Secretary of State and CIA director in the Trump administration. He’s also been endorsed by former Detroit police chief James Craig, who backed Rogers after ending his own Republican Senate nomination bid earlier this year.

Republican presidential candidate former President Donald Trump listens as Michigan Senate candidate former Rep. Mike Rogers speaks at a campaign rally in Freeland, Mich., Wednesday, May 1, 2024. (AP Photo/Paul Sancya)

Republican presidential candidate former President Donald Trump listens as Michigan Senate candidate former Rep. Mike Rogers speaks at a campaign rally in Freeland, Mich., Wednesday, May 1, 2024. (AP Photo/Paul Sancya) (AP Photo/Paul Sancya)

As they work to win a Senate election in Michigan for the first time in three decades, Republicans were hoping to avoid a potentially costly and combustible primary.

Advertisement

But Rogers doesn’t have the field to himself.

The primary race also includes wealthy businessman and investor Sandy Pensler, who’s making his second run for office and has been spending big bucks to run ads targeting Rogers. Former Republican presidential candidate Vivek Ramaswamy endorsed Pensler.

Among the others running for the GOP nomination are former Rep. Justin Amash, who as an independent House member joined Democrats in voting to impeach then-President Trump in his first impeachment trial in 2019.

The state primary in Michigan will be held on August 6.

Advertisement

Scott, the only Black Republican in the Senate, ran unsuccessfully for the 2024 GOP presidential nomination but remains a very popular and influential figure in the party.

The senator, who was known for his ferocious fundraising as he cruised to a Senate re-election in 2022, has strong ties with many leading figures in the GOP donor class. The money raised two years ago served as a down payment for his 2024 national run.

Besides raising money for himself, Scott has also been very active in helping fellow Republicans running for office.

In the 2022 cycle, the senator raised nearly $1 million for other candidates and donated more than $1 million to down ballot races. And two outside groups aligned with Scott spent $13 million on top Senate and House races, while also transferring $5 million to the top super PAC supporting Senate Republicans.

A super PAC allied with Scott announced earlier this month it would spend $14 million to help Republicans grow support among Black voters.

Advertisement

Get the latest updates from the 2024 campaign trail, exclusive interviews and more at our Fox News Digital election hub.

Continue Reading

Politics

Cost of bringing clean drinking water to California communities estimated at $11.5 billion

Published

on

Cost of bringing clean drinking water to California communities estimated at $11.5 billion

California has made significant progress helping small communities address problems of contaminated drinking water, but the costs of bringing safe tap water to hundreds of communities over the next five years will run more than $11.5 billion, according to a new state estimate.

In a newly released report, the staff of the State Water Resources Control Board estimated that at the start of this year approximately 913,000 Californians depended on public water systems that are failing to comply with drinking water regulations, while an additional 1.5 million people depended on water systems that are determined to be “at-risk.”

Officials carried out the assessment nearly five years after the state established the Safe and Affordable Funding for Equity and Resilience, or SAFER, drinking water program. They said in the report that under the program, the state water board has since 2019 given more than $831 million in grants for drinking water projects in disadvantaged communities, and that about 250 failing water systems serving more than 2 million people have come into compliance with drinking water standards.

“What our analysis has shown time and again is that the common denominator is size,” said Joaquin Esquivel, chair of the state water board. “Small systems struggle, especially in communities that have experienced discrimination and disinvestment, and their challenges will be amplified as weather grows more extreme, new contaminants emerge and costs increase.”

Aggressive and impactful reporting on climate change, the environment, health and science.

Advertisement

California declared access to clean, safe and affordable water a human right in 2012, but the state has faced significant challenges in developing policies and securing adequate funding to bring solutions for communities where people live with contaminated tap water.

In small rural communities across the state, the water pumped from wells contains harmful levels of contaminants including naturally occurring arsenic, bacteria from sewage leaks, nitrate from animal manure, fertilizers or other sources, and carcinogenic chemicals.

Not all systems that are deemed to be failing deliver water that is contaminated, but many of them have at least one contaminant at levels that violate safe drinking water standards.

Advertisement

According to state data, about 56% of the 385 failing water systems supply disadvantaged communities, and 67% of them supply majority communities of color.

“All of our current failing water systems are on track to come off the failing list,” said Kristyn Abhold, senior environmental scientist for the state water board. “They are working on long-term solutions, and our staff and funding resources are being targeted to the ones that are in most need.”

State water regulators have found that the vast majority of the failing water systems serve a small number of residents, while 98% of the state’s population receives water from sources and suppliers that meet drinking water standards.

For a water system to come into compliance with regulations, it takes not only funding but also planning, engineering work and permits, Abhold said.

State officials have assessed other communities that are at risk by analyzing the potential for water quality violations or water shortages, among other factors.

Advertisement

The number of people affected has fluctuated in recent months as some water systems have come off the list and others have been added. The state’s latest estimates show that 738,000 people currently receive water from failing systems, while more than 1.8 million people depend on 548 systems with drinking water supplies determined to be at risk.

The state’s report includes estimated costs for infrastructure solutions such as installing treatment systems, drilling a new well, or consolidating by connecting one water system to another.

The estimated costs of solutions in the latest report were substantially higher than previous state estimates. In a 2021 report, the state water board included a range of estimated costs up to $9.1 billion. Officials said they used new methods and improved data this time, including more water systems and risks in their analysis.

According to the report, the estimated costs of long-term solutions for failing and at-risk public water systems total $6.6 billion over five years, while the costs of solutions for “high-risk” small water systems and domestic wells total $4.9 billion.

Those combined costs, totaling more than $11.5 billion, would be significantly higher if loan repayment costs and operations and maintenance costs are included, the report said, pushing the total estimated cost of “achieving the human right to water” to $15.9 billion.

Advertisement

Officials projected that $2 billion in state grant funds will be available over five years, as well as $1.5 billion in state loans, leaving a substantial gap in available funding. Officials said a large portion of the money to address the problems may need to come from “local cost share” funds collected through rates, fees and taxes.

The report’s higher cost estimates were released amid discussions about budget cuts in Sacramento.

Citing recent cuts, more than 180 organizations, including environmental groups and other organizations, wrote to state leaders urging them to approve placing a $10 billion bond on the November ballot to provide “direct and meaningful investments in the California communities and natural resources most impacted by climate change.”

As part of that ballot measure, they called for including $1 billion for drinking water and wastewater infrastructure for communities and tribes.

Leaders of the groups wrote that “recent and proposed cuts to funding for such programs have prompted consensus that additional bond funding is necessary to ensure priority programs continue beyond this year.”

Advertisement

Jennifer Clary, California director for the group Clean Water Action, said: ”drinking water infrastructure isn’t a luxury item. Without these projects, thousands of Californians will continue to lack access to safe and clean drinking water.”

Clean water advocates have also voiced concerns as state officials have reviewed the costs of a program that provides household tanks and hauls water by truck to thousands of low-income families whose wells have gone dry.

More than 3,000 domestic wells have run dry throughout California since 2020, according to reports submitted to the state. Those with dry wells have started relying on water delivered by tanker trucks to fill their tanks, while also receiving bottled water.

Leaders of the nonprofit group Self-Help Enterprises, which manages the water-hauling effort, recently urged Gov. Gavin Newsom and other state leaders to reject proposals that would take away critical funding for the program. They wrote in a June 11 letter that taking away $17.5 million would “cut off access to water for more than 20,000 people who are still awaiting a permanent solution.”

The letter, which was first reported by the news site SJV Water, was also signed by leaders of other organizations, including the Community Water Center and Union of Concerned Scientists.

Advertisement

“The reversions of these funds will cut off access to water for more than 20,000 people who are still awaiting a permanent solution,” the groups said. “Cutting funding for such a crucial program would have devastating effects on rural and disadvantaged communities by immediately cutting them off from their sole source of water supply, and doing so with no warning.”

Leaders of some groups said later that the funding for the program has been restored.

Continue Reading

Trending