Boilermaker Rick wrote:
Keep in mind this is a guy that turned down $800k a year. He was clearly very smart with his money if he could afford to do that. At worst, he knew that he'd be making little to no money on Webio until it became the newest internet sensation.
Also, he does work, and probably gets a decent paycheck for his national hosting job.
You and I have a different definition of "decent paycheck", because there is no way when you combine everything he does it is over $100K a year. probably more like $60-75K
He turned down $750K on principal and has been on record that he might have done things differently? Yeah? No shit
Before turning down the $750K he didnt have the expenses of monsters in the morning, which he funded and lost, then his web show, which lost money , then his Webio expenses, now his web like thing.
I would say that now he is turning a profit, but not much.
If you remember, North was asked to go get a better offer, so he "peddled around town" talking to everyone and nobody would give him a nickel.
And the bank does not let you declare a short sale on your land, if your finances are fine.
I dont think the guy is broke, but the warchest is severely depleted, due to his ego, nothing more.