The Very Rev. Al Sharpton, Civil Rights Leader

Alan Feuer,  Asking How Sharpton Pays for Those Suits; Case Offers Glimpse of His Finances, NY Times (Dec. 21, 2000): 
"He says he owns no suits, but has 'access' to a dozen or so. He says he owns no television set because the one he watches in his home was purchased by a company he runs. He says he has no checking accounts, no savings accounts, no credit cards, no debit cards, no mutual funds, no stocks, no bonds, no paintings, no antiques. The only thing he admits to owning is a $300 wristwatch and a 20-year-old wedding ring.

"The finances of the Rev. Al Sharpton have a somewhat troubled history. He was indicted on charges of income tax fraud and stealing from charitable donors in 1989, but was eventually acquitted at a trial. In 1993, he pleaded guilty to a misdemeanor charge of failing to file a tax return for 1986. His eponymous promotional company has no official documents on record with the state. As recently as two years ago, he drew no salary, but he still manages to send his daughters to an expensive and respected private school.

"Mr. Sharpton has always been studiously circumspect when talking about his pocketbook in public, yet this month he suddenly announced that he could not afford to pay a judgment entered against him in the Tawana Brawley defamation case. ...

...

"Among the quirks that surfaced from Mr. Sharpton's answers [in a deposition] were these: he owns no silverware or stereos, he has not filed tax returns since 1998 and he uses the front door of his Brooklyn home for business visitors and the back for family and friends. He drew a tangled road map of his finances that might well have confused a professional tax accountant. He said 99 percent of the salary he made from his nonprofit corporation was immediately invested into a private promotional company called Rev. Als Productions -- making sure to indicate that there was no apostrophe before the S in 'Als.'"

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