The high-tech economy spawned a new breed of the super-wealthy by appealing to the gambling lust of some very smart and extremely ambitious people. They made their fortunes not through blood, sweat and tears, but through stock options. Some of the billionaires thus created are worth a few billion dollars (US$) less now that the high-tech frenzy seems to have rolled to a more manageable pace — if not quite a halt.
Loading ...
Are Dot-Com Options Still an Option?
Posted by: Mick Brady July 19, 2000 12:00 AMThe high-tech economy spawned a new breed of the super-wealthy by appealing to the gambling lust of some very smart and extremely ambitious people. They made their fortunes not through blood, sweat and tears, but through stock options. Some of the billionaires thus created are worth a few billion dollars (US$) less now that the high-tech frenzy seems to have rolled to a more manageable pace — if not quite a halt.