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TN Governor Bill Haslam - Low Oil Prices Have Helped Him

Posted on 1/22/15 at 8:36 am
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/22/15 at 8:36 am
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quote:

Since August, Gov. Haslam has seen his net worth more than double, from $980 million to an estimated $2 billion. Forbes cites falling gas prices for Haslam's financial success this year.

Gov. Haslam's father, Jim Haslam II, founded Pilot Flying J in 1958, which is headquartered in Knoxville, Tenn. Haslam's brother Jimmy is the current CEO of Pilot, but the governor still owns 15% of the $38 billion truck stop giant.

More people have been filling up, along with buying snacks and drinks, at Pilot's gas stations thanks to cheap, unleaded gas. Pilot Flying J's 12-month operating income has grown from $1.1 billion in August to $1.4 billion, reports Forbes.


Nothing really to add, just thought I would share.

ETA: This may be better for the poli board, but I don't go there.
This post was edited on 1/22/15 at 8:38 am
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