Yeah its happened a lot
IPOs, LBOs, Mergers large stakeholders can make 200mill in a day.
I think Ballmer made like 1-2B the day he left Microsoft because the stock went up.
Yeah its happened a lot
IPOs, LBOs, Mergers large stakeholders can make 200mill in a day.
I think Ballmer made like 1-2B the day he left Microsoft because the stock went up.
But if you started a company, you probably grow it for 5 years before that billion dollar IPO. And that is when the market is hot. I imagine alot of guys made that in a day though during the .com boom back in a day when they own millions of shares and the stock skyrockets 1 day.
http://www.forbes.com/sites/bruceupbin/2013/08/23/ballmer-quits-instantly-makes-almost-1-billion/
Microsoft shares went up 10% at market open when Ballmer quit as CEO. This immediately made him 800 mill richer.