4 ms·
"Much of Mason's wealth comes from Groupon's stock. He owns 7 percent, or about 46 million shares, according to FactSet. Based on Thursday's closing price, that
by vellum 14y ago
"Much of Mason's wealth comes from Groupon's stock. He owns 7 percent, or about 46 million shares, according to FactSet. Based on Thursday's closing price, that's worth more than $208 million."
I think he'll be more than ok.
http://www.npr.org/templates/story/story.php?storyId=173182095 http://www.npr.org/templates/story/story.php?storyId=1731820...
- fpp 14y agoas GRPN's share price went up almost 20% since his announcement - well I guess its fair to say he made about $40M (on paper) by leaving.
- grey-area 14y agoAs long as he sells soon and realises his gains, otherwise he might end up with nothing. The money isn't real till the shares are sold.
- abat 14y agoThe funny thing is he would have been much richer if he got fired much sooner. That would have given him an excuse to sell his stake before it tanked. Being the CEO meant he couldn't dump his stock.