Taking his bank bonuses in Scotia equity, rather than cash, he's built up a sizable personal
stake in the company worth $ 34.5 million in shares and deferred share units, plus options worth another estimated $ 48 million.
While the company doesn't make quite as sexy headlines, such as Tesla for example, it has managed to reach a wider audience recently, thanks to Carl Icahn, the prominent activist investor and $ 20 billion - dollar man, who decided to purchase
a stake in the company worth around 6 % in October 2013.
Not exact matches
He's still one of the biggest shareholders
in the
company, with a 5 % - plus
stake that's
worth about $ 300 million, according to SEC documents, mostly
in a trust for his kids.
«The subscription economy is
in its early innings,» Shasta Ventures Managing Director Jason Pressman told Term Sheet (Shasta owns an 8.3 %
stake in the
company, now
worth about $ 153.7 million post-offering).
Ackman's Pershing Square Capital has a 6.2 percent
stake in the
company — a $ 3.3 billion bet that was
worth as of Wednesday afternoon $ 618 million.
At the closing price of $ 44.90, Evan Williams»
stake in the
company is
worth $ 2.6 billion.
Various news outlets this week reported that Chinese Internet
company Alibaba, which has expansion plans
in North America, is interested
in purchasing a
stake in Snapchat, and assessing it to be
worth 11 figures.
Dick Costolo, who became CEO
in 2010 and groomed the
company for its stock debut, owns a
stake worth $ 345 million.
That means co-founder and CEO Tobias Lutke essentially doubled his net
worth in just a few hours; his 14.6 %
stake in the
company amounts to more than $ 300 million.
The hedge fund manager, whose Yelp
stake was
worth about $ 10 million at the end of 2015, has made at least several million dollars
in the stock just this week, after telling investors that he believes the
company's revenue could double
in the next three years.
In November, Starboard Value pressed Yahoo and Mayer to reverse the company's plan to spin off its large stake in Alibaba, worth north of $ 25 billion, amid tax concerns about the dea
In November, Starboard Value pressed Yahoo and Mayer to reverse the
company's plan to spin off its large
stake in Alibaba, worth north of $ 25 billion, amid tax concerns about the dea
in Alibaba,
worth north of $ 25 billion, amid tax concerns about the deal.
They can easily see what
stakes they have
in companies and what those shares are
worth now, and then use eShares to create financial reports for their limited partners (the people or institutions whose money they manage).
Combs has built his
stake in the
company over time to about 3 %, which is now
worth nearly $ 900 million.
In 2004, his company purchased a 20 % stake in Tory Burch, becoming the first and largest outside investor in the fashion house, which has since blossomed into a powerhouse retailer worth over $ 3 billio
In 2004, his
company purchased a 20 %
stake in Tory Burch, becoming the first and largest outside investor in the fashion house, which has since blossomed into a powerhouse retailer worth over $ 3 billio
in Tory Burch, becoming the first and largest outside investor
in the fashion house, which has since blossomed into a powerhouse retailer worth over $ 3 billio
in the fashion house, which has since blossomed into a powerhouse retailer
worth over $ 3 billion.
(It is
worth noting that ESPN parent Disney does own a large
stake in the MLB's popular streaming video arm, BAMTech, but it's still to early to say how the
company will use that asset and whether it will be successful
in doing so.)
Uber said on Monday that it had invested $ 700 million
in its Southeast Asian operations and that it will now own a
stake in the combined
company «
worth several billion dollars».
SAN FRANCISCO (Reuters)- Facebook Inc director Peter Thiel sold roughly $ 400 million
worth of shares
in the Internet social networking
company last week, cashing out most of his
stake, according to a regulatory filing.
The tiny
stake gained by American, based
in Fort
Worth, reflects the sheer size of the
companies and reluctance
in both countries to give foreign investors meaningful say
in how an airline is run.
While
in most
companies the venture capitalists have to worry about their reputation along with their capital,
in the case of Uber there is simply too much money at
stake: transforming a $ 68 billion paper return to a real return (and guaranteeing a per partner return
in the nine figures) is
worth whatever reputational damage is incurred along the way.
Buffett's Berkshire Hathaway (NYSE: BRK - B) has the largest
stake in this energy
company, with 13 million shares,
worth over $ 500 million.
After the close of the deal, Yahoo shareholders will still own shares
in what is left of the
company, essentially an investment fund with two holdings: a 15 percent
stake,
worth about $ 32 billion based on its recent share price,
in the Chinese internet
company Alibaba; and a 35.5 percent
stake,
worth about $ 8.7 billion,
in Yahoo Japan.
Costolo, who invested $ 25,000
in the fledgling
company in 2007, holds a 1.4 percent
stake worth about $ 360 million.
I've been using a spreadsheet since I have some weird entries like assumed net
worth of a partial
stake in a real estate deal,
company stock options, etc..
Yahoo!, for one, will be selling about $ 8 billion
worth of shares for the IPO but will still retain a 16.3 percent
stake in the
company.
Analysts and shareholders believe the
company and its
stake in Alibaba would be
worth more separately, as long as the spinoff is not subject to tax incurred from selling the shares.
Alibaba, China's leading e-commerce
company, will pay approximately $ 214 million for a 9.9 % equity
stake in Hong Kong - listed Intime and subscribe to $ 478 million
worth of convertible bonds issued by Intime.
Durov and his brother Nikolai Durov, a mathematical genius, were behind the creation of VK, «Russia's Facebook»,
worth an estimated $ 3 billion, but were effectively forced to sell their
stake in the
company by oligarch shareholders deeply connected to the Putin - led government.
Currently, Stan Kroenke, an American sports tycoon with a net
worth of approximately $ 7.4 billion, is the majority shareholder
in the clubs parent
company, Arsenal Holdings Plc with a 67 %
stake.
While this would mean that the paper value of my investments are less, and my net
worth is then lower, it would also mean that my new capital goes further by buying larger
stakes in the
companies I'm actively purchasing.
Mr. Market is a partner
in that
company and every day,
in fact, every minute he tells you what he thinks your
stake is
worth.
That
stake's still
worth about 15 times the board's total annual compensation — a far higher multiple than you'll find at virtually any other UK - listed
company — so they still have a huge amount of skin
in the game.
Clearly both
companies are keen on their future potential
in the space (& Stahl's letter was obviously
worth linking)... but as things stand, $ FRMO doesn't provide meaningful exposure, whereas $ GROW does via its
stake in HIVE: CN.
Shares represent a proportional
stake in the
company's net
worth, income, cash flow, dividend, etc..
The offering, likely to become the largest ever
in London, will see the Swiss - based
company sell a 20 %
stake worth between $ 10bn (# 6.1 bn) and $ 12bn (# 7.3 bn).
The money came from angel investors
in the Pittsburgh area, a combination of high - net -
worth individuals who had previously
staked the young artificial intelligence
company and some newcomers.
Durov and his brother Nikolai Durov, a mathematical genius, were behind the creation of VK, «Russia's Facebook»,
worth an estimated $ 3 billion, but were effectively forced to sell their
stake in the
company by oligarch shareholders deeply connected to the Putin - led government.
Once finalized, Uber China's investors will own a 20 percent
stake in the merged
company, which is expected to be
worth approximately $ 35 - billion due to the combined valuation of Uber China and Didi Chuxing.