Intel CEO Lip-Bu Tan loses $5 million on his $25 million Intel investment as stock tumbles
https://www.tomshardware.com/tech-industry/intel-ceo-lip-bu-tan-loses-usd5-million-in-intel-investment-value-as-stock-tumbles
40 points · 5 comments · view on lemmy.world
5 Comments
RQG@lemmy.world · 17 pts · 1y
Oh no.
Anyways.
DebatableRaccoon@lemmy.ca · 9 pts · 1y
Considering how much price gouging Intel's been guilty of, I find it very hard to feel sorry for him.
MonkderVierte@lemmy.ml · 5 pts · 1y
Why did he invest if he has already $25 million, enough for 3 lifetimes?
GuStJaR@lemmy.world · 6 pts · 1y
He is likely worth >$500m. I'm not challenging your question. It's even more poignant. Why does one need to gather more wealth when they have so much. Maybe to invest to support others :/
Bakkoda@sh.itjust.works · 3 pts · 1y
Intel world qualify as high risk imo.
New headline: Rich person loses some money on bad stock investment which really doesn't matter because he knew it was risky and 5 mil is chump change