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re: Houston billionaire trader John Arnold retiring at 38
Posted on 5/4/12 at 6:04 pm to barry
Posted on 5/4/12 at 6:04 pm to barry
quote:
Houston hedge fund manager John Arnold, a major force behind Enron’s once-mighty energy trading operation and one of the city’s richest men, has decided to retire — at 38.
Wait a minute...this guy was calling the shots on Enron's trading desk at what, like 25??
This dude must be the shite.
Posted on 5/4/12 at 6:44 pm to ZereauxSum
quote:
Wait a minute...this guy was calling the shots on Enron's trading desk at what, like 25??
This dude must be the shite.
From Wikipedia:
quote:
John Douglas Arnold, born in 1974, is an American hedge fund manager, specializing in natural gas trading.
Using their new Internet-based trading network, EnronOnline, he is credited with making three quarters of a billion dollars for Enron in 2001 and was rewarded with an $8 million bonus. One of his former colleagues dubbed him "the king of natural gas."
In 2009, John Arnold is believed to have made $900 million dollars.[13]
In Forbes magazine's 2011 list of The Forbes 400, John Arnold ranked 91, with a net worth of $3.5 billion. In Forbes magazine's list of 2012 The World's Billionaires, John Arnold is ranked 377, with a net worth of $3 billion.
In 2011, he and his wife donated over $100 million dollars to different causes[14][15] including the Laura and John Arnold Foundation which they founded.
Him and his wife:
Posted on 5/4/12 at 11:15 pm to ZereauxSum
quote:
Wait a minute...this guy was calling the shots on Enron's trading desk at what, like 25??
This dude must be the shite.
He turned roughly 10 million into 3.5 billion in 11 years. Uh yea he's the shite.
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