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

Posted on 11/18/23 at 11:19 am to
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
9728 posts
Posted on 11/18/23 at 11:19 am to
quote:

No one/business/entity would pay 8 billion dollars for Raising Canes. These things are all hypothetical written by valuation nerds. The free market would value that much less IMO.

Maybe it’s been addressed elsewhere in the thread, but they aren’t saying his stake in Cane’s is worth $7.6 billion. They are estimating his net worth at $7.6 billion. His net worth would also include any other investments he has made with his earnings from Cane’s so far - which is why the article cites the estimated valuation of Cane’s plus the dividends he has received up to this point.
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