Coons Has Doubled His Net Worth While in the Senate
Chris Coons assumed office on November 15, 2010. His net worth was: $5,281,178
Now Coons is worth a cool $10,100,000. That’s a 91.2452% increase.
Probably not corrupt at all. Just, you now, savvy investing.
I have a serious question. With this kind of wealth, why is Coons such a sniveling, shuffling obsequious dick?
Why is he always trying to curry favor with Republicans assholes? With his wealth he really should be able to say “fuck you” when Tyson chicken plant lobbyist come calling, but he seems to get off on the bowing the scraping.
Capital Hill Meets Turkey Hill:)
I agree with your assessment of Coons and his attitude.
However, given the movement of the financial markets in the past decade, there’s no brilliance involved in doubling your assets.
Index funds and modest additional investments would have been all he needed.
That’s true. There is no better way to make $10 million than to start with $5 million.
And yet, that is real “fuck you” money. I find it strange who Coons picks to say “fuck you” to.
He says FU to anybody he perceives might slow his march to $50 million.
That checks out.
This is a stretch. With moderate risk investments it takes about 7 years to double your $. Just another rich kid getting richer from his parents money.
Exactly. The S&P 500 has increased more than 250% over the same period of time. If anything the honorable Senator has been a poor allocator of capital.
I’m pretty sure that has been established and the point of the thread is more about why, with his wealth, is Coons such a sniveling, shuffling obsequious dick?
Because the only impact wealth has on people is to exaggerate both positive and negative aspects of their personalities. Nobody is exempt from this.
Good point
Hey, emerging from political office richer by far then when you went in is a great tradition in politics, particularly in the third world. Any one ever see an “Insider trading” suit prosecuted as of late? Me neither.
Hope you got your money’s worth!