Robert F. Kennedy Jr., who built his public profile as an environmental activist and crusader against polluters, earned tens of thousands of dollars from an oil and gas rights leasing company.
The independent presidential candidate reported the earnings on his financial disclosure form filed last June from Arctic Royalty Limited Partnership, which leases land for oil and gas extraction in Oklahoma, Texas and other states.
Arctic Royalty, which is part of a portfolio of investments from Kennedy’s family trust accounts, leases land to multiple companies that have been fined for pollution and regulatory infractions, as well as to the chemical subsidiary of the company that polluted East Palestine, Ohio, in the trail derailment last year.
Kennedy earned between $17,759 and $29,257 from Jan. 1, 2022, to June 30, 2023, from Arctic Royalty — which is a significant portion of the possible earnings from his three family trust accounts. Those accounts produced an income between about $36,000 and $97,000, according to Kennedy’s form. Arctic Royalty has been registered as a business entity in numerous states since 1985.
Overall, however, his Arctic Royalty earnings are a relatively small fraction of his overall income, which he reported at about $9 million.When POLITICO asked about his earnings, Kennedy said he sold most of his stake in Arctic Royalty last December after his candidate financial disclosure form became public. He did not share documentation confirming the sale.“I sold all my stake in this company in December. I still indirectly own a very small interest in Arctic Royalty through my brother David’s estate. It generates approximately $1,000 per year. I own 1/10 of that estate. Because other family members are also owners, I have no power to sell off this investment,” he said in a statement.On the campaign trail, Kennedy has centered his career as an environmental activist and anti-pollution litigator. He also criticized the Biden administration’s handling of the East Palestine cleanup in a campaign video, saying if he was president that “everybody involved, the corporate officials and the regulatory officials, would be held accountable, both criminally and civilly.”
Here are the top political news stories for today.
@LivelyWaspLibertarian2yrs2Y
The “alt-media” sphere really beclowned itself by kissing RFK Jr’s *** because he went on their dopey podcasts to regale them with fake Kennedy Dynasty myths. Duped by a complete charlatan whose entire “campaign” was predicated on a fraud
@SmeltBillTranshumanist2yrs2Y
Regardless..he still has more bravery in a single pinky finger than the rest of the DNC combined. There is a reason people don't go up against the global corporatist medical racket...and it's not because they are such swell, well meaning professionals.
@CreativeFreeTradeGreen2yrs2Y
Complete charlatan. Ouch. I really started to fall for his rhetoric, during his interviews. I didn't care about the John K stories, but believed that rfk was solid anti-status quo, and had the courage and connections to push for real change.
@Feder4l1stSamGreen2yrs2Y
This is your big story to disrupt the announcement today?
@TruthfulElandSocialist2yrs2Y
the boat and bridge and p diddy were the distraction stories NO?
My goodness. They’re getting desperate. RFK announced the date of his VP pick over a week ago and this was the best smear piece they could muster?
Which democrats suddenly discovered? Bite me
@QuokkaJasmineUnity2yrs2Y
And the hit pieces begin!! Totally Biden negative campaigning. Expect more. This is a sign that RFK’s campaign is beginning to beginning to get traction
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
@ISIDEWITH2yrs2Y
I honestly feel the top two are most important because we need to protect our home and our people instead of destroying it and eachother.
this is pathetic. The vast majority of anyone who owns any of type of retirement funds gets at least some dividends from the oil and gas companies.
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