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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote] am very interested in what industry is paying a 28 year old enough to accumulate $1 million net worth. [/quote]

Both of my kids are over $1M net worth self made ages 26 ($4M) and 28 ($1M). They had no college debt, are engineers for big tech with signing bonuses and $200k+ 4 year vesting schedule stock grants just before AI growth, one in a mag 7 and the other in a company that has led S&P growth the past 2+ years. Total comp excluding stock is ~$200k annnual and they are savers. Good fortune, no doubt, but also hard workers through school, college, and new careers.[/quote]

200k x 4 = 800k —> 4M ?

Troll better you turd.[/quote]

If it’s NVIDIA yes. Anything else it doesn’t make sense. Entry level employees aren’t getting $200K RSUs / year for Eng roles at those companies either. It’s closer to $75-100K annual RSUs and base comp is more like $150-200K. [/quote]

I’m the PP. It’s Palantir.[/quote]

Nice. Idk why you’d lie about entry level SWE comp which is easily verifiable via Levels FYI.

Entry level SWEs at Palantir start at $150K ish and stock is $50K / year before gains.

So their total stock grant was $200K for 4 years, not $800K for 4 years.

So their total NW on Palantir stock is $1 - 1.2 before tax. Not $4. [/quote]

PP - That’s assuming their grant was priced around $30 / share which was the 2020/2021 value. So yeah this was fun to verify in real time someone full of crap on here and overestimating NW by $3M…. Wowzers[/quote]

You people are morons. Their stock was between $6 and $8 in 2022-2023, and $200k of grants at $7.50/share is $4.45 million at today’s price. And total comp includes salary, benefits and bonus.[/quote]

“Most overinflated stock in history” and we’re the morons. Including benefits in TC… what a clown[/quote]

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