DISQUS

Candide · 4 months ago

Correction: it's $702 million, not billion.

Schwartzman made a promise to donate $100 million to the NY Public Library a year or so ago. Let's see him up that.

cherryblossom · 4 months ago

So seven out of ten are in the energy sector. Makes ya think.

KC · 4 months ago

I'm in the wrong business.

Flexo · 4 months ago

Yes -- same here.

Writer's Coin · 4 months ago

It's funny because I've thought of this a million times and whenever I break it down and say, "I"ll invest half in a conservative series of index funds," it hits me. Will I really invest hundreds of millions of dollars in index funds? It's scary. Yet I have no problem investing all/most of my Roth IRA money (which is nowhere near that amount, obviously) in those funds.

I guess I feel like, if I had that much money, I wouldn't "risk" it like that. I'd probably commit a cardinal sin and stash it in my house somewhere.

Candide · 4 months ago

I work with a client who's worth well in excess of $100 million. He uses short term T-bills and notes.

Jim · 4 months ago

Yahoo finance shows the compensation of top executives. They have figures as of Dec 2008. Ellison's base bay is about $11M. He exercised over $540M in stock options. Irani at Occidental had base salary of just under $5M and exercised about $185M in stock.

I bet that most of that compensation for those executives was in the form of cashed in stock incentives.