Foley was once worth $1.9 billion, according to Bloomberg, but left the company with a net worth of $225 million.
Jeez, the poor guy… only $225 mill… how do you go on living when you’ve sunk that low? /s
I’ve done the math. I could live my entire life without working (except for fun) on $6 million. This MF has $225 million and describes it as losing all his money.
Fuck that guy.
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.
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.
Sounds like he was living beyond his means. Maybe he should have not bought an iPhone, had avocado toast, and had Starbucks all the time. He can pick himself up by his bootstraps.
(Yeah, I know he’s still worth a couple hundred mil. Smallest fiddle for him.)
“I don’t have much money left”
Proceeds to get 25 million in funding for his new company. Come the fuck on guy, you live a life practically nobody else does. Even if you were left with a paltry 50 million after you were kicked out of the company you drove into the ground with predatory subscription tactics. That’s more than enough for you, your kids, and your grandkids to all live on comfortably… but no, you have over quadruple that.
Selling the 55 million dollar home just made sense because it wasn’t making money for him the same way cash would.
Imagine exploring exploiting thousands of people and still ending up poor
I’m pretty sure after exploring thousands of people you’re more likely to get chlamydia than rich. I could be wrong though, maybe try it?
How could anyone last a week like that? Absolutely abandoned by society, that man is.
Its so easy to guess this shit. Billionaire? Definitely has fucked people over.