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Suzanne D. Rich wrote:
>
> Kjeld stays in top 200 of The Richest People in the World.
> Just think of all the LEGO sets we could buy with a billion dollars!
Yea, if we had a billion dollars to spend on LEGO, we would double the
annual production (note the sales of 1.1 billion...). Gee, I wonder how
many custom sets you could convince them to make if you have a billion
bucks to throw around...
> summary:
> year 1997 1998 1999 2000
> list place 126 > 145 > 175 > 154
> billions 2.5 > 2.3 > 2.8 > 3.1 • ...
> What's new: Announced a restructuring in January, laying off up to 1,000
> employees. In May reported losses ($28 million) for the first time since his
> grandfather founded Lego in the 1930s.
Interesting, they lost 0.028 billion, yet Kirk's personal wealth still
grew 0.3 billion... Obviously he has been investing his wealth somewhere
else besides just TLC...
--
Frank Filz
-----------------------------
Work: mailto:ffilz@us.ibm.com (business only please)
Home: mailto:ffilz@mindspring.com
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In article <3AA5574E.7D55@mindspring.com>,
Frank Filz <ffilz@mindspring.com> wrote:
> Interesting, they lost 0.028 billion, yet Kirk's personal wealth still
> grew 0.3 billion... Obviously he has been investing his wealth somewhere
> else besides just TLC...
Probably, but also note that a company can, strangely enough, lose money
and become more valuable at the same time. Take, for example, Amazon, whose
stock shot up like Discovery... have they actually turned a profit yet?
-JDF
--
J.D. Forinash ,-.
foxtrot@cc.gatech.edu ( <
The more you learn, the better your luck gets. `-'
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