I'm now more interested in how you've never seen a urinal.
Guntrigger
According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you need a net worth of $871,320 U.S. Credit Suisse defines net worth, or “wealth,” as “the value of financial assets plus real assets (principally housing) owned by households, minus their debts.” Source
So, yeah, but only if you've been saving your entire wage and paying no tax for the past 15 years.
Oh sweet summer child
I would advise against it for many other reasons before you even reach his oozing sludge tunnel.
Fair enough, you didn't say you condone it. But your comment does read with much more support than I would offer. And asking me which charities I'd donate to... ha! I don't see why that's relevant. Maybe I would do the same, but I don't already have an $800,000/yr base salary.
More relevant: this windfall would be 250yrs income for me. And on that income I already do donate to charity (albeit probably about 2% of my earnings). If this chump followed my percentage they would be donating 6 whole years worth of my salary on this windfall (plus 1/3 of my salary per year).
The point is "treating yoself" to $12mil after tax is absolutely obscene whatever way you look at it. Not to mention still sitting on 3x more than that.
Awarded themselves shitloads of stock, then sold a quarter of their shares each as soon as humanly possible. That money is not being invested in the company, it's going straight in these individual's pockets.
Share prices don't only fall if the company liquidated stock. They will also fall from something like a mass sell-off because lower and lower prices will be commanded to sell large volumes of stock.
You know, like the one in the article that talks about the 25% drop in share value.
True, but if you just got elected as the head of a US friendly nation, it probably wouldn't be quite so unbelievable.
Won't somebody think of the poor shareholders.
When I treat myself, it's to a takeaway meal that's like $20. Reddit has "never made a profit"™. Siphoning $16mil out of it on day one is obscene.
It's kind of interesting that this franchise grew entirely out of the failure of SimCity in the same space. Now they are the ones fumbling their captive market and I wonder if another city builder franchise is going to spring up soon.
Sure. But does the 3D modeller then integrate their changes into DLC format and bundle it to work with the main game and paywall mechanics? It goes both ways. There isn't just a 3D artist making a bug free DLC package on their own.
Now I'm even more intrigued: a Finnish name, but deep south US vernacular.