“Mark Zuckerberg made more than $28 billion this morning after Meta stock makes record surge” https://www.cnn.com/2024/02/02/business/meta-stock-surge-mark-zuckerberg/index.html
seems fair.
this post was submitted on 17 Feb 2024
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$14m seems far too low:
- 40 years at $350,000 per year
- 480 months at $29,170 per month
- 14,600 days at $960 per day
Those don't sound too bad until you get to:
- 350,400 hours at $40 per hour.
$40 an hour in exchange for losing most of your life - and the vast majority of your best years - is a fucking disgrace.
not to mention the need for psychological damage compensation. The guy lived 40 years with people around him, his friends and maybe relatives thinking that he brutally raped and murdered a young girl. I would have gone crazy probably, and die of stomach cancer or sth.
I agree he should receive a higher compensation, but have no idea what that should be. I can't look at it in terms of dollars per hour and think of an appropriate amount worth giving up 40 years of life. If I was in that position I don't think 1billion would be fair.
Is the 14m taxable?
I saw it differently, I was pleasantly surprised to see an amount that high because now he has the remainder of his life, maybe 30 to 40 years, to spend 14 Million USD. He could buy a home and car and still have enough for a modest retirement, if he chooses to.
If he invests the remainder into VYM then the dividends alone would be more than my annual salary.
No amount of money is worth 40 years
Agreed, but if a person were given a sum of money then that amount would seem about appropriate to me. Minimum 8M depending on legal fees, but preferably closer to 40M if we want him to be extra well off. We cannot undo the past.
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It should be total FU money. The state should give him free healthcare, free public transportation, free legal services, free public utilities, and free internet.
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Just a forty year whoopsie daisy.
This story is like male disposability meets eminent domain.
“Meh, he was compensated for his time”
Your tax dollars at work /s
Not to mention the tax dollars spent to house and feed an innocent man. And the salaries of the lawyers and cops involved to get him there.
Is he actually gonna get it or is there gonna be an appeal where he’s dragged through the courts again for years and only awarded $500k after being forced to pay $10 million in legal fees?
It’s a settlement, which means the city agreed to pay the $14,000,000 instead of going to trial and risk a verdict of a much higher amount. So no there won’t be any appeals and he should see the money.
reads the headline without context
Reality TV is going too far these days if you ask me..
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