CEOs are employees, and stocks are considered passive income. Granted, he might still have to be on the "board", but he could get pretty close to passive income

CEOs are employees, and stocks are considered passive income. Granted, he might still have to be on the "board", but he could get pretty close to passive income. To spell this out: Most successful businesses eventually hire someone to run them w/o much intervention from the investors/founders. He can do the same.