This is some asshat complaining that he isnt a billionaire anymore and how he is now humble and hungry to make it back there since his net worth is now only a lowly 225 million and he had to sell his 55 million dollar home. He is not pennyless selling his possessions he just had to downgrade his living style from wasteful worthless billionaire to the low level of a few hundred millionaire.
Don’t worry everyone he started a direct sales rug company he thinks should get him back to 500 million. Fuck this article and that guy.
Someone should buy him a Peloton for christmas
Can’t afford the subscription :'(
A used one that he still needs to pay to activate.
Man, I too could rough it with 225 million, maybe… someone should give that to me, to see if I can make ends meet! I’d like to try that experiment.
Womp womp
I prefer my uplifting news without the schadenfreude.
Yeah I am not into uplifting news because somebody had to go down. I like news of socially conscious people doing good to people in need of uplifting.
He’s still got millions, so it’s not that bad.
Except the fact that his “down to millions” is a setback and not a planned reinvestment in the economy or something.
mumble mumble…“trickle down”… mumble …My ass…
Perk up bud. You can always sell your blood.
Nobody taught him how to billionaire right.
I find it funny you posted this to Uplifting, that’s just so… Lemmy.
Kind of inappropriate, technically, but made me laugh none the less.
Well, billionaires should not exist so the news was uplifting to me.
To be fair, I agree. I just think it’s funny. If this was any other platform (like the one that starts with R), you only get fluff pieces that you see a million times and aren’t even real news. Lol
Also uplifted!
And really, how could a billionaire really lose their money? Like, you have a billion dollars… stop fucking about and retire! You don’t need more. Clearly no concept of money.
The majority of his wealth was in the stock price of his company. Same as most billionaires.
Sounds like a pretty dumb way to not diversify
It’s uplifting because it is going to incentivive this titan of industry to create a new company to regain all his wealth. Think about how much wealth will trickle down when he makes another billion dollar company.
He’s fine. All he has to do is pull himself to by his bootstraps, cancel his Netflix account and he’ll be back a billionaire in a year.
He’s still buying avocado toast. He’ll never financially recover.
🥑 🍞 🎻 😢
I was one of the retail investors in 2020 who quadrupled up in a couple months and then had the good sense to get out. How did the fucking CEO think that kind of growth was long-term sustainable?
They didn’t but they also thought they could come out clean. Thinking you are better than the system you are working in it’s fine as long as you are. He wasn’t lol
did he go broke because he had to pay for a subscription to Peloton?
Fucking richers
correct community to post this in
the orphan crushing machine is running in reverse
is it possible to uncrush them?
"The ex-Peloton chief was forced to downsize twice—including selling a $55 million East Hampton waterfront home and uprooting his family. “My family took it well,” the 53-year-old told the New York Post. “My wife’s super supportive. My kids are probably better for it, if we’re keeping it real.”
Can we burn these fucking people for warmth?
