Are you In business for the money? Sometimes it helps… But what is enough, when do you stop, what do you do next… Sometimes is it too much, how much can you spend?
Google (NASDAQ:GOOG) – major shareholder Sergey Brin unloaded 83,334 shares of the company’s stock on the open market in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $1,133.96, for a total value of $94,497,422.64. (approx. £57 million)
He had 24,600,000 shares before the sale, so even after pocketing over $94 million he still has 24,516,666 shares still in the company. Not bad going for a business that was incorporated only 16 years ago.
Sergey Brin currently has a net worth of an estimated: $24.4 billion (approx. £14.6 billion) what would you do if you had all that money?