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No. As an officer of a public company, he sells his shares on timetable as required by insider trading regulation. You can cash out your entire net worth with
by brador 15y ago
No. As an officer of a public company, he sells his shares on timetable as required by insider trading regulation.
You can cash out your entire net worth within a month to year max. Sergey, practically, can never realise his entire net worth, or anything close to it.
- hugh3 15y agoActually if I'm reading his post correctly, his $2 million net worth is imaginary, and is based on an estimate of how much money it would take in order to passively generate the $60K per annum-ish which he currently works for. Kindof an odd way of putting things.
- ajross 15y agoThis is a digression, but you are completely misunderstanding my point. I can't "cash out" my "$2M" because I don't have it. I have a job that provides the income I'd get from about $2M in conservatively invested assets. That is much less liquid than Brin's shares (he can borrow against them, for example, where I've already tapped that avenue with my mortgage).