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To: RummyChick
Geeze...guys who make $10 million (plus) a year should be very conservative with their spending and their investments. A $150,000 Mercedes S Class is fine...an $2 million Bugatti is stupid. Investing in Boeing or Microsoft is fine. Investing in race horses...or racing cars...is stupid.
31 posted on 10/17/2023 10:21:14 AM PDT by Gay State Conservative (Two Words: Banana Republic)
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To: Gay State Conservative

I am not familiar as to how these celebrity things work but I have seen deals where the buy in is essentially their star power. So they might not drop 10 million into a deal. It might be $1 million and they get a 25% stake to promote. Then when you sell out for huge dollars sometimes you get an ‘earn out’ which is what happened with Reynolds and Aviation Gin. He made some jokes about his “earn out”


40 posted on 10/17/2023 10:41:59 AM PDT by RummyChick
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