WTF Anurag Dikshit

There are many things we'd buy with $750M, like, say, um, a Coca~Cola.

There are many things we'd buy with $750M, like, say, um, a Coca~Cola.

The unfortunately named Anurag Dikshit is selling a huge remaining stake of his shares in PartyGaming.

But here’s the kicker: he’s not selling them to buy a yacht, or a NFL franchise, or a new wife, or even a spacecraft like device that his six year-old son named Falcon could then let off into the atmosphere with initial media reports claiming he was on the craft and fell to the ground but then it turns out he was just hiding in the attic and then turns out it was all just a hoax.

No, Dikshit is cashing out 66% of his total remaining shares, reducing his total stake from 28% to 9.5%, at an estimate value of $350M, and is giving all of the proceeds from this sale to charity.

And no, Charity isn’t his stripper girlfriend’s name either.*

Now you may recall last December when Dikshit paid the U.S. American government $350M to basically leave him the fuck alone and not prosecute him for developing the PartyPoker gaming software. Now he’s giving another estimated $350M away from this stock sale to the Kusuma Trust, an organization he started which “provides welfare support and educational opportunities to at-risk children in Gibraltar, India and the U.K.”

So apparently Dikshit is just giving buckets of $350M away. That’s $700M he’s just given away, “here, take it, don’t want, all yours,” in less than a year.

Even more mind-blowing is Dikshit is planning on selling his remaining 9.5% in the coming months and giving that to charity as well.

Man. Some people.

For an idea of what we would use $700M on, view this this this this this this this and this. And we’d still have about $708,340,020 or so left to spare.

Read more about this mind-boggling giving-money-to-charity-thing here. Thanks to Kid Dynamite for the link.

* Rehashed joke many times over but we have lots of new readers.

 

5 Responses

  1. Nik

    October 20, 2009 10:37 pm, Reply

    Sounds like a scam. I mean come on, this guy is giving 350m away to a charity the he started. He is basically giving the money to himself and saying that he’s giving 350m to charity. Who knows what happens to that money once the charity has it.

  2. Da Man

    October 21, 2009 10:54 pm, Reply

    “Now he’s giving another estimated $350M away from this stock sale to the Kusuma Trust, an organization he started…” – And since he started this charity he controls the financing, meaning he’s pulling cash out of PartyGaming and moving it into one of his other accounts. Meantime the headlines scream “Dickshit gives money to charity!” Braziliant.

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