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re: What’s the fastest you’ve ever seen someone legitimately become rich?
Posted on 8/8/26 at 11:18 am to FlyingTigerBo
Posted on 8/8/26 at 11:18 am to FlyingTigerBo
Jeff Bezos wife became the richest woman in America with the stroke of a pen. So, however long it took to sign her name, that quick.
This post was edited on 8/8/26 at 11:18 am
Posted on 8/8/26 at 11:53 am to JohnnyKilroy
quote:
I don't remember specifically but I believe the speculation was that he had hundreds/thousands of coins. He was shilling for it extremely hard when it was less than 100 bucks a coin iirc.
When it was like $10 a coin I think
Posted on 8/8/26 at 12:12 pm to CatfishJohn
Did he wipe all of his threads or something? Would love to re-read some of those.
Posted on 8/8/26 at 12:23 pm to FlyingTigerBo
Growing up in Lafayette in the 60s, you saw a fair amount of families that seemed to up their standard of living real quick. As I remember, the dads were independent geologists or land men and hit a big find.
Posted on 8/8/26 at 1:08 pm to ElderTiger
quote:Late 70s/early 80s, our little corner of God’s Country was the center of an oil exploration boom. Multiple wells drilled and land was being leased for over $2K/acre/year. My old man had about 50 acres and still managed to pocket $300K or so over several years. Nothing changed for us other than buying more land. Neighbors with actual oil wells on their property did okay—built pools and remodeled houses. Don’t really remember anyone outright retiring.
Growing up in Lafayette in the 60s, you saw a fair amount of families that seemed to up their standard of living real quick
Posted on 8/8/26 at 4:51 pm to Sus-Scrofa
quote:
Early 90s, sixth grade, cosmic bowling. Once an hour they’d stop everything and draw a name for someone to bowl a strike for $100.
Called my name. Bowled a strike. I had never had $100 before.
Woke up the next morning and biked to the card shop and spent it all.
Owned a card shop in the 90's. One morning this naive kid walked in with $100. I took the little guy for the full amount.
Posted on 8/8/26 at 5:00 pm to GreenRockTiger
quote:
I have a cousin who became rich within a few weeks, then spent 3 years in the federal penitentiary He’s not rich anymore
I want to hear this story.
Posted on 8/8/26 at 5:10 pm to halleburton
quote:
Did he wipe all of his threads or something? Would love to re-read some of those.
Chicken has them and won’t release them.
I think Wiki got in touch with him and asked him kindly to delete. Or Chicken extorted him to delete.
Posted on 8/8/26 at 5:17 pm to RebRxV
quote:
Owned a card shop in the 90's. One morning this naive kid walked in with $100. I took the little guy for the full amount.
That means you’re the guy that chased the beanie baby craze all the way to having to close your shop down!
Posted on 8/8/26 at 5:27 pm to FlyingTigerBo
October 29, 2004
Posted on 8/8/26 at 6:21 pm to Darth_Vader
quote:
Back in the late 90s when UPS first became a publicly traded company, a lot of their employees became rich overnight. I was good friends with the UPS driver who did the daily deliveries to my work. Of course, I never asked how much he made, but I do know he bought a very nice house on Lake Guntersville and retired by the end of that year despite being in his early 50s
The IPO was on November 10, 1999. When UPS was a private company held only my management and directors, stock awards were about 15-30% of managements total compensation depending on the pay level. UPS stock would split every few years. Managers were strongly discouraged from ever selling the stock and the fact that it paid a great dividend, made it easy to hold on to. The IPO made a lot of multi-millionaires out of mangers who had started in the 80’s.
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