
According to Forbes, Pickens’ fortune dropped below the $ 1 billion mark for the first time since 2005. His net worth once amounted to an estimated $2 billion, but now it sits at around $950 million.
He told the hosts of MSNBC’s “Morning Joe” that he had “lost [his] ass in the [wind] business

In 2008, Pickens debuted his “Pickens Plan,” which aimed to increase the nation’s use of wind energy and decrease America’s dependence on OPEC oil. With the help

The plan collapsed after natural gas prices fell and selling wind power

After his failure in the wind market, Pickens revamped his Pickens Plan to focus on the use of natural gas

He has made moves to convert all trucks from using gasoline to natural gas. As part of this effort, he has encouraged Obama

Pickens says that this new endeavor is mainly an effort to “end America’s addiction to foreign oil,” though critics also speculate that although the former billionaire is now 84, profits are driving his interest in energy policy.
The American energy man wants the world to know that he will be able to survive living off of his mere $950 million. When ESPN’s Darren Rovell confronted Pickens over Twitter about his new status as a millionaire, Pickens tweeted, “Don’t worry. At $950 million, I’m doing fine. Funny, my $1 billion charitable giving exceeds my net worth.”
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