Know the net worth of co-founder and CEO of Vice, shane smith

Know the net worth of co-founder and CEO of Vice, shane smith

The co-founder and chief executive officer of vice media is now a billionaire, all thanks to his stake in the American company, which was as a result of an investment of $450 million. With shane smith vice valued to be around $5.7 billion, with $1 billion allotted to him. This latest investment was from a private equity firm TPG.

Smith who is 48 years of age presently owns approximately 20% of vice. In 2014, when he was estimated at about $400 million he said, he doesn’t care about money and that he is worth more cash than he can ever spend.

When Mclnnes left the company in 2007 over the issues of creative differences. With Alvin still in the company, he has far less stack compared to Smith.

With this figure attached to his name, Smith is living large. He is the proud owner of a mansion in Santa Monica California worth $23 million dollars, also a house in Pacific Palisades in California, which cost $3.8 million.

It is sometimes beneficial to go public, the company at one time was trying to reach out to the young generation audience is now present one of the most valuable media cooperation. shane smith developed an ability to keep investors convinced, this shaped this company to become a household name.

Although Smith lifestyle cannot be copied for someone starting out in journalism. But he still a role model with his achievements. Shane stands to be a very influential person in the media industry.

Having over $30 million in real estate, he is worth to be approximately $1.5 billion. Hard work really brings result but being smart and making wise investment choice is a game changer. He intelligently meets the right people that can take shane smith vice media to the next level. Even now when he is not the CEO, he still works continuously because it brings him happiness.

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