Peloton’s former billionaire CEO says he’s lost all his money and had to sell his possessions
Peloton’s former billionaire CEO says he’s lost all his money and had to sell his possessions
“At one point I had a lot of money on paper,” says Peloton’s ex-CEO John Foley.
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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
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.
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.