return2ozma@lemmy.world to Not The Onion@lemmy.worldEnglish · 5 months agoPeloton’s former billionaire CEO says he’s lost all his money and had to sell his possessionsfinance.yahoo.comexternal-linkmessage-square26fedilinkarrow-up11arrow-down10cross-posted to: upliftingnews@lemmy.world
arrow-up11arrow-down1external-linkPeloton’s former billionaire CEO says he’s lost all his money and had to sell his possessionsfinance.yahoo.comreturn2ozma@lemmy.world to Not The Onion@lemmy.worldEnglish · 5 months agomessage-square26fedilinkcross-posted to: upliftingnews@lemmy.world
minus-squareTheRealKuni@lemmy.worldlinkfedilinkEnglisharrow-up0·5 months agoI’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.
minus-squarebradorsomething@ttrpg.networklinkfedilinkEnglisharrow-up0·5 months agoYeah but his car doors go like that, not like this.
minus-squarematt1126@feddit.uklinkfedilinkEnglisharrow-up0·5 months agoYou 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.
minus-squareTheRealKuni@lemmy.worldlinkfedilinkEnglisharrow-up0·5 months agoExactly. Although you can conservatively invest like, two thirds of it, and live much more extravagantly than $5k per month and still never run out.
minus-squarematt1126@feddit.uklinkfedilinkEnglisharrow-up0·5 months agoFor sure, not financial advice but more of an indication of the absurd amount of money $200+ million is.
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.
Yeah but his car doors go like that, not like this.
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.