He sold the company for $1.6bn, but he had a 10% stake. So his stake was worth $160m. He kept $100m. So he gave away $60m.
He did not give away a billion dollars. The article headline and the article itself is written in such a way that it arguably obscures the facts and confuses.
It’s great he gave away $60m but it’s got little to nothing to do with his opinion that he doesn’t believe in billionaires; including that in the headline makes it seem like he gave away a billion dollars.
He sold the company for $1.6bn, but he had a 10% stake. So his stake was worth $160m. He kept $100m. So he gave away $60m.
He did not give away a billion dollars. The article headline and the article itself is written in such a way that it arguably obscures the facts and confuses.
It’s great he gave away $60m but it’s got little to nothing to do with his opinion that he doesn’t believe in billionaires; including that in the headline makes it seem like he gave away a billion dollars.