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Peloton’s former billionaire CEO says he’s lost all his money and had to sell his possessions(finance.yahoo.com)

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return2ozma@lemmy.world
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matt1126@feddit.uk
10 points

You could live comfortably on the interest alone on $6 million, even with just a 1% AER you’d be getting $5k gross per month.

So yeah, fuck that guy.

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TheRealKuni@lemmy.world
5 points

Exactly. Although you can conservatively invest like, two thirds of it, and live much more extravagantly than $5k per month and still never run out.

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matt1126@feddit.uk
3 points

For sure, not financial advice but more of an indication of the absurd amount of money $200+ million is.

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