$68 Billion Firm CEO Decides To Quit So That He Can 'Sit At The Beach And Do Nothing'

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$68 Billion Firm CEO Decides To Quit So That He Can 'Sit At The Beach And Do Nothing'

Jupiter Fund Management CEO Andrew Formica has just quit his job in order to be able to sit at the beach and do nothing.


Formica, who was born and raised in Australia, said he plans to move back to his homeland and spend quality time with his parents, following his decision to retire.


Although he is only 51-years-old, the CEO has built an extremely successful career, including increasing the value of the asset management company at $68 billion (£55.3 billion).


He told Bloomberg:


"I just want to go sit at the beach and do nothing. I'm not thinking about anything else."


In order to understand Formica's successful path in creating wealth, we only need to compare him to company founders and billionaires, Elon Musk and Mark Zuckerberg, the former estimated to worth $225.3 billion, while the latter, $57.9 billion.


According to Tipalti Approve, Elon Musk is currently on track to achieve trillionaire status by 2024.


Based on reporting by: Ladbible]


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Thinking Humanity: $68 Billion Firm CEO Decides To Quit So That He Can 'Sit At The Beach And Do Nothing'
$68 Billion Firm CEO Decides To Quit So That He Can 'Sit At The Beach And Do Nothing'
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