RFK Jr.’s family trust earns thousands from an oil and gas company

By Brittany Gibson | 03/26/2024 12:09 PM EDT

He is a longtime fossil fuel critic and anti-pollution activist.

Independent presidential candidate Robert F. Kennedy Jr. speaks during a campaign event.

Kennedy said in a statement that he sold his stake in December. Eva Marie Uzcategui/Getty Images

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.

Advertisement

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.

GET FULL ACCESS