Useless Former CEO of Yahoo!, Terry Semel, cashed out big time. It's truly amazing how much he earned while only working 3-4 days/week in Silicon Valley and spent extended weekends in southern cal. Wouldn't you like to be a baller like him?
Transaction History:
- 2003, sold shares worth $25.4 million
- 2004, dumped some more for $230 million
- 2005, ran away with the money bag worth $173.6 million
- 2006, like he needed more money, but he dumped some more for $19 million
- 2007, still has shares worth more than $80 million
Oh, such dismay and outrage of shareholders...
