3 ms·
He also gets a 10% dividend on his (preferred) stock. I'm pretty sure that you only get that dividend if the company turns a profit, but thats pretty fucking g
by maximilian 18y ago
He also gets a 10% dividend on his (preferred) stock. I'm pretty sure that you only get that dividend if the company turns a profit, but thats pretty fucking good. Not only that, but after 3 years they can buy it back for a 10% premium. So, if they do well profit wise and buy back their stock, he will have $3B*(1.40)= $4.2 Billion. Not bad.