Although He Sold Tlc to Mattel for $4.2 Billion, He Only Reportedly Netted About $11.2 Million from the Deal. the Company Was Buried in over $1 Billion of Accumulated Debt by the Time Mattel Took Over. When He Left, He Invested $500,000 of His Payout in Storagenow Holdings, Which He Later Sold for over $4.5 Million.
Did Kevin O'leary Lose Money?
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6 min read
★ Key Takeaways
Although He Sold Tlc to Mattel for $4.2 Billion, He Only Reportedly Netted About $11.2 Million from the Deal. the Company Was Buried in over $1 Billion of Accumulated Debt by the Time Mattel Took Over. When He Left, He Invested $500,000 of His Payout in Storagenow Holdings, Which He Later Sold for over $4.5 Million.
Direct Answer • Key Takeaway