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#348902 - 08/21/09 10:49 AM Millionaire has to fly coach to Belize
deadserious Offline
Originally Posted By: Valleywag
In 2007, Mr. McAfee sold a 10,000-square-foot home in Colorado with a view of Pike's Peak. He had spent $25 million to buy the property and build the house. He received $5.7 million for it. When Lehman collapsed last fall, its bonds became virtually worthless. Mr. McAfee's stock investments cost him millions more.

One day, he realized, as he said, "Whoa, my cash is gone."

He has sold a 10-passenger Cessna jet and now flies coach. This week his oceanfront estate in Hawaii sold for $1.5 million, with only a handful of bidders at the auction. He plans to spend much of his time in Belize, in part because of more favorable taxes there.


http://valleywag.gawker.com/5342412/anti+virus-software-mogul-forced-to-get-by-on-4+million



Edited by deadserious (08/21/09 10:49 AM)
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#348933 - 08/21/09 01:59 PM Re: Millionaire has to fly coach to Belize [Re: deadserious]
papashine Offline
Well having to get by on just 4 mill doesn't sound very hard to do eh.
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#348935 - 08/21/09 02:08 PM Re: Millionaire has to fly coach to Belize [Re: papashine]
SP Daily Offline
It is if you are used to 100 mil...

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#348936 - 08/21/09 02:09 PM Re: Millionaire has to fly coach to Belize [Re: papashine]
deadserious Offline
Originally Posted By: papashine
Well having to get by on just 4 mill doesn't sound very hard to do eh.


If you see him around town, try to be a bit sympathetic.
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#348937 - 08/21/09 02:09 PM Re: Millionaire has to fly coach to Belize [Re: SP Daily]
papashine Offline
Poor baby frown
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Reality..What a concept!

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