News for hackers. Stuff that matters.

A comment on After a 30-Year Run, Rise of the Super-Rich Hits a Wall. Parent comment

Re:After a 30-Year Run, Rise of the Super-Rich Hits a Wall by dhouston on Friday August 21, 2009 @04:24AM (#777196)
Article said a couple years after going public he sold his remaining stake, bringing his total gains to $100mm (presumably cash.)
[ Parent | on HN ]
Re:After a 30-Year Run, Rise of the Super-Rich Hits a Wall by dkersten on Friday August 21, 2009 @08:06AM (#777364)
The he probably invested in banks (AIG?) and property and got recessioned down to $4M. Or something like that, anyway.
[ Parent | on HN ]
Re:After a 30-Year Run, Rise of the Super-Rich Hits a Wall by knightinblue on Friday August 21, 2009 @10:08AM (#777539)
If you read the article, it says he invested heavily in Lehman Brothers.
[ Parent | on HN ]