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re: Todd Graves worth $7.6 Billion - According to Bloomberg

Posted on 11/16/23 at 4:58 pm to
Posted by fwtex
Member since Nov 2019
2027 posts
Posted on 11/16/23 at 4:58 pm to
quote:

I am always fascinated with people that keep working when they could sell out for 1 billion or more (even less). Even with very basic conservative money management the passive income would top $50 million a year. It would be a job just to spend a billion dollars in a lifetime and I have pretty expensive tastes (that I can not indulge 'cause I am po). You would have to buy shite just to buy shite.


Because people who build that much wealth through work have an internal drive that they can't sit idle and do nothing but spend money.
Posted by Thecoz
Member since Dec 2018
2597 posts
Posted on 11/16/23 at 5:07 pm to
Do not know if the story is true but the legend is .. he presented his business model of canes to his prof in some LSU business class.. Prof said that you needed to diversify your product and could not build a business one one product… Gave him a C on his project..

Yeah the prof probably had to walk by the original canes location every day and shake his head.. ( fyi cane number one is one block off campus next to the apartment Todd lived in when in college)

Posted by SWCBonfire
South Texas
Member since Aug 2011
1279 posts
Posted on 11/16/23 at 5:07 pm to
Don't know about you, I could spend a billion dollars in the time it took to survey and issue title on a handful of properties.

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