What if he just pockets the money and basically stops working in his mid 30s? If he was wise with his money he should have a minimum $25 million nest egg at that point to earn interest and dividends off. Just squeezing out 4-5% from that annually would net him a cool million a year.
Would the investors be entitled to 20% of his interest and dividend income?
Maybe he's got some sort of legal trust or offshore account planned that would shield his investment income. Or maybe the contract is structured to exclude that. It could be a good deal for him if he's got something like that.
I can't see why anyone would sign up for something like this if they intended to keep earning a lot, unless they really needed the money immediately (which doesn't seem to be the case here).
Would the investors be entitled to 20% of his interest and dividend income?
Maybe he's got some sort of legal trust or offshore account planned that would shield his investment income. Or maybe the contract is structured to exclude that. It could be a good deal for him if he's got something like that.
I can't see why anyone would sign up for something like this if they intended to keep earning a lot, unless they really needed the money immediately (which doesn't seem to be the case here).
[size=8pt]"For I reckon that the sufferings of this present time are not worthy to be compared with the glory which shall be revealed in us.”[/size] [size=7pt] - Romans 8:18[/size]