
#4 The Remarkable Life and Turbulent Times of Joseph P. Kennedy
Founders
00:00
The Wealth of a Part-Time Job in the 1920s Entertainment Industry
Kennedy negotiated a salary of $2,000 a week and 100,000 fully paid shares of Path stock/nThe sale of Kennedy's Path stock netted him over $579,000 (over $7 million today)/nKennedy earned a combined annual salary of $208,000 in the 1920s while also negotiating to take over the KAO chain of theaters/nAs part of the KAO deal, Kennedy was given a two-year option to buy 75,000 shares of KAO stock for $21 and another unlimited expense account
Transcript
Play full episode