Eddie Antar and his family made over $90 million from selling their shares. Eventually, the company's real profits slowed. The stock price dropped by more than half. A businessman named Elias Zinn bought enough shares to become majority owner.
In the 1980s, the discount electronics chain store Crazy Eddie was so famous, its commercials were parodied on "Saturday Night Live." So when the family business began selling its company shares on Wall Street — making millions — nobody questioned its success.