back to article Icahn trousered $700m from Netflix stock sale?! Er, it would appear so

Billionaire investor Carl Icahn has cashed in on Netflix's good fortunes, bagging profits of between $700m and $800m by selling three million shares earlier this month. Icahn bought shares in the video streaming site just over a year ago for around $58 each and sold some of them yesterday for $341.44 per share, a 457 per cent …

COMMENTS

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  1. The FunkeyGibbon
    Meh

    Rich man makes money...

    Woo yeah. *yawn*

  2. Andrew Tyler 1

    Rich asshole, richer, bigger asshole than ever before.

    Quoth The Onion some time back.

  3. Tom 35

    On a positive note

    At least he didn't ask them to borrow a load of money and give it to him this time.

  4. Anonymous Coward
    Anonymous Coward

    Looser

    Tell me when someone with a lot of money looses it, that *might be a story, whereas rich person makes more money isn't.

    * not really.

    1. Captain DaFt

      Re: Looser

      "Tell me when someone with a lot of money looses it,"

      You mean like in those old movies where some nut starts chucking fistfuls of cash out a window onto the crowds below?

      I think that would be news worthy, plus I hope I'm in the crowd when it happens IRL!

    2. Anonymous Coward
      Anonymous Coward

      loser's loose language lumps lose with loose

      soz, I couldn't help myself ..

  5. Tom 13

    For once

    I won't begrudge Ichan his profits.

    If he made all of his money this way, I wouldn't begrudge him any of it.

  6. Down not across

    Apparently Icahn can play nice too

    If you invest in a company. Shares rise 457% and you then sell. Well can't argue with that.

    Shame he usually has less honorable business practices.

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