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What is mind blowing is that even $103bn is not a lot of money in the grand scheme of things. $100m isn't even a rounding error in the global economy. AB Inbev,

What is mind blowing is that even $103bn is not a lot of money in the grand scheme of things. $100m isn't even a rounding error in the global economy. AB Inbev, a beer company, also recently paid $100bn to acquire their main competitor. That puts into perspective how reasonable it is to expect to be able to make $10-20-50m building and running a business.

skinnymuch 9y ago
AB InBev growth and mergers is astounding. The number of companies that form the [original base] of the company is insane. To be fair to AB InBev, they had to give up substantial portiona of SABMiller to get the merger through which as you said was a $100B+ [cash] deal. Combined company revenue is supposed to rise by around $11B this year. While SABMiller did $19B in revenue alone before the merger. SABMiller sold off at least $25B of the company before or during the merger. Not always for the best price either as all sides knew the sales had to happen.
- charlesdm 9y ago
  Honestly, I think Inbev is one of the most interesting cases when it comes to wealth building. Interbrew was a merger of small(er) Belgian breweries, run mainly by old money aristocratic families. And they basically levered and merged their way up, into a global player worth hundreds of billions in market cap.
  - skinnymuch 9y ago
    Definitely. It's like a handful of Belgian families and the Brazilians at 3G owning a majority of the company still after all this time. Amazing.
Synaesthesia 9y ago
I don’t see at all how it makes it reasonable that a person should earn that much running a business at all. Maybe it’s reasonable to the board of that company but I don’t consider it reasonable.
- jdmichal 9y ago
  I think you interpreted the comment wrong. Of course it's not reasonable for them to expect that money to just show up. But it's perfectly reasonable for them to expect that they could capture that much business. Because there's a lot of money flowing all the time, and 50 million is really a very small portion of it.

skinnymuch 9y ago

AB InBev growth and mergers is astounding. The number of companies that form the [original base] of the company is insane. To be fair to AB InBev, they had to give up substantial portiona of SABMiller to get the merger through which as you said was a $100B+ [cash] deal. Combined company revenue is supposed to rise by around $11B this year. While SABMiller did $19B in revenue alone before the merger. SABMiller sold off at least $25B of the company before or during the merger. Not always for the best price either as all sides knew the sales had to happen.

charlesdm 9y ago
Honestly, I think Inbev is one of the most interesting cases when it comes to wealth building. Interbrew was a merger of small(er) Belgian breweries, run mainly by old money aristocratic families. And they basically levered and merged their way up, into a global player worth hundreds of billions in market cap.
- skinnymuch 9y ago
  Definitely. It's like a handful of Belgian families and the Brazilians at 3G owning a majority of the company still after all this time. Amazing.

Synaesthesia 9y ago

I don’t see at all how it makes it reasonable that a person should earn that much running a business at all. Maybe it’s reasonable to the board of that company but I don’t consider it reasonable.

jdmichal 9y ago
I think you interpreted the comment wrong. Of course it's not reasonable for them to expect that money to just show up. But it's perfectly reasonable for them to expect that they could capture that much business. Because there's a lot of money flowing all the time, and 50 million is really a very small portion of it.