Moneywise Inside the $30M Exit of a Socialist Buddhist
197 snips
Mar 18, 2025 
Chris Cooke, a former skeptic of capitalism turned millionaire, shares his unique journey post-sale of his company for $30 million. He talks about how he spent most of it within six months on a weed farm, beach house, and comedy club in Thailand, all while embracing his Buddhist principles. Chris candidly discusses the conflicts between his values and financial success, the challenges of managing relationships after sudden wealth, and how he’s now focused on building a sustainable business rather than just chasing growth.
AI Snips
Chapters
Transcript
Episode notes
The $30 Million Exit
- Chris Cooke sold his company for $30 million but only received $5 million due to missed targets.
- He chose to pay taxes in the UK despite potential savings by going offshore, aligning with his socialist values.
Rapid Spending
- After receiving his payout, Chris Cooke quickly spent nearly all of it within six months.
- He admitted to resenting the money and feeling compelled to spend it.
Early Influences
- Chris Cooke grew up in Thailand, exposed to both Buddhism and the lives of affluent, often unhappy, international school kids.
- He developed a contempt for money but also a desire for success, partly driven by his father's hard work.