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Thread: Can McCarthy pull a rabbit out of the hat?

  1. #26

    Re: Can McCarthy pull a rabbit out of the hat?

    Quote Originally Posted by lardy View Post
    He probably wouldn't.

    Most of his net worth is probably from owning stakes in businesses, i.e. shares. If he started selling off shares to raise $100m in cash, then as a prominent figure that is going to cause panic which will negatively affect the share price. His remaining shares will be worth less, which means his net worth will also drop.

    Facebook's share price dropped 5% with the outage on Monday. Zuckerberg's now worth about 6 or 7 billion less than he was at the weekend.


    By the way, according to Forbes, Tan's net worth is about half that.

    https://www.forbes.com/profile/vince...h=39ce4f41d0b7
    My point is that he can afford to spend. He just chooses not to.

  2. #27

    Re: Can McCarthy pull a rabbit out of the hat?

    Quote Originally Posted by NYCBlue View Post
    My point is that he can afford to spend. He just chooses not to.
    see my above post. I suspect we have a big challenge to avoid FFP problems by the end of 2022

  3. #28

    Re: Can McCarthy pull a rabbit out of the hat?

    Quote Originally Posted by NYCBlue View Post
    My point is that he can afford to spend. He just chooses not to.
    My point is that he understands that spending £100m would actually cost him a lot more than that.

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