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Intel CEO Lip-Bu Tan loses $5 million on his $25 million Intel investment as stock tumbles
(www.tomshardware.com)
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Oh no.
Anyways.
Considering how much price gouging Intel's been guilty of, I find it very hard to feel sorry for him.
Why did he invest if he has already $25 million, enough for 3 lifetimes?
He is likely worth >$500m. I'm not challenging your question. It's even more poignant. Why does one need to gather more wealth when they have so much. Maybe to invest to support others :/
Intel world qualify as high risk imo.
New headline: Rich person loses some money on bad stock investment which really doesn't matter because he knew it was risky and 5 mil is chump change