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"Gates earned a mere $1.6 million for shares he sold that day, but his remaining 45% stake in the company was worth $350 million, instantly making him one of th
by daniel-cussen 16y ago
"Gates earned a mere $1.6 million for shares he sold that day, but his remaining 45% stake in the company was worth $350 million, instantly making him one of the nation's 100 wealthiest individuals."
I'm surprised. I thought that, even in 85-86, you needed like a billion to crack that list.
- TomOfTTB 16y agoIt turns out you only needed $150 million to make the Forbest 400 in 1985 (the equivalent of around $310 million today): http://tinyurl.com/4sjgdbh http://tinyurl.com/4sjgdbh These days it takes a billion: http://tinyurl.com/4ggvbak http://tinyurl.com/4ggvbak