185
Peloton’s former billionaire CEO says he’s lost all his money and had to sell his possessions
(finance.yahoo.com)
this post was submitted on 28 Aug 2024
185 points (96.0% liked)
Not The Onion
12274 readers
1453 users here now
Welcome
We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!
The Rules
Posts must be:
- Links to news stories from...
- ...credible sources, with...
- ...their original headlines, that...
- ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”
Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.
And that’s basically it!
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Jeez, the poor guy... only $225 mill... how do you go on living when you've sunk that low? ~/s~
That's not even 3 yachts!
Won't someone think of the poor starving yacht builders!
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.
For sure, not financial advice but more of an indication of the absurd amount of money $200+ million is.
Yeah but his car doors go like that, not like this.
I also lost all my money and had to sell my possessions, but like literally. $ 0 ( zero ) left, that's what i understand, when i hear or say loosing all my money.
Foley should eat a bag of foul foley.