Actor Arnold Schwarzenneger Is Worth Over $1 Billion Thanks To Smart Investments

Summary

アノニムスな起業家として知られるアーノルド・シュワルツェネッガーは、映画「ターミネーター」での成功だけでなく、不動産投資などにも積極的に関わり、その投資家としての側面が彼を億万長者へと押し上げた。オーストリアの小さな町から出発し、筋肉競技と俳優として名を馴染めた後、特に「ツインズ」でのギャグ役での成功が彼の財産を劇的に増やした。彼はロサンゼルスの商業不動産やスターバックスやグーグルの初期投資などにも手を出しており、特にディメンション・ファンドアドバイザーズの投資が彼の財産を約60倍に膨らませた。しかし、プラネット・ハリウッドの失敗や離婚など、投資における失敗もあり、彼の財産には影響を与えた。現在も彼は活発で、毎朝5時に起きて動物の世話をし、映画撮影や自らの財団を運営しているという情熱とエネルギッシュな姿勢が彼の成功に寄与している。

Takeaways

• 💰 アーノルド・シュワルツェネッガーは俳優としての成功だけでなく、投資家としても成功しており、億万長者となっています。
• 🌟 彼の出身はオーストリアの小さな町であり、非常に謙虚な家庭出身でしたが、ボディビルディングと俳優として名を上げました。
• 🏠 彼はカリフォルニアの不動産投資で早くから出発し、その投資が彼の財産を築きました。
• 🎥 映画「ツインズ」での収益シェア契約により、俳優としての大きな成功を収め、その収益が3500万ドルを超えました。
• 🏢 彼はロサンゼルスとサンタモニカを中心に、多くの不動産を所有し、数百万ドルの物件を売買して不動産投資家として成功しました。
• 📈 スターバックスやGoogleなど、彼はいくつかの企業への初期投資を行い、特にDimension Fund Advisorsへの投資が大きく成功し、その投資は約60倍成長しました。
• 🛍 オハイオ州コロンバス近くのEast Mallにも投資しており、その発展は彼の財産にも寄与しています。
• 💸 Planet Hollywoodというレストランチェーンへの投資は失敗しましたが、他の投資は成功しており、彼はその失敗から学びました。
• 👥 彼は離婚により財産の半分を失いましたが、それでも彼の億万長者の地位は変わりませんでした。
• 🗳 カリフォルニア州知事としての経験は彼の映画出演や投資活動に影響を与えましたが、彼はその間も積極的に投資家として活動していました。
• 🤔 彼はリスクを冒すことを恐れず、その姿勢が彼の投資成功に寄与していますが、時にはそのリスクテイクも彼に損失をもたらしました。

Q & A

アーノルド・シュワルツェネッガーはどのくらいの資産を保有していますか？

アーノルド・シュワルツェネッガーは10億ドル以上の資産を持ち、億万長者とされています。

アーノルドの幼少期の生活環境はどのようなものでしょうか？

アーノルドはオーストリアの小さな町タール出身で、彼が生まれた時には数百人しか住んでいませんでした。幼少期は非常に貧しく、多くのものを持っていませんでした。

アーノルドはどのようにして俳優としてデビューしましたか？

1968年にアメリカに移住し、1970年に小さな映画「ヘラクレス in ニューヨーク」でデビューしましたが、その映画はあまり成功しませんでした。

アーノルドが俳優としてのブレイクスルーを受けた映画は何ですか？

アーノルドは70年代に「ターミネーター」という映画でブレイクスルーを果たしました。

アーノルドは映画「ツインズ」での役割を通じてどのように収益を上げましたか？

「ツインズ」では俳優料を諦めて、映画の売上からの20％未満のロイヤリティを得ることにしました。その結果、3500万ドル以上の収益を得ることができました。

アーノルドの不動産投資について教えてください。

アーノルドはロサンゼルス、特にサンタモニカを中心に多くのアパートやオフィスビルを買い取り、数倍の価格で売却することで不動産投資で成功しました。

アーノルドはどの企業に投資し、その投資がどれくらいの成功を収めましたか？

ディメンション・ファンド・アドバイザーズに投資し、当初の小さな投資が現在では700億ドル以上の資産を管理する企業となり、その投資は約60倍の成長を遂げ、現在はほぼ5億ドルの価値があります。

アーノルドは過去に失敗した投資もありますが、その例を挙げてください。

アーノルドはプラネット・ハリウッドというレストランチェーンに投資し、後に破綻した例があります。また、彼はシンガポール航空にリースしたボーイング機の投資も成功しませんでしたが、損失は出ませんでした。

アーノルドの離婚は彼の財産にどのような影響を与えましたか？

アーノルドとマリア・シュライバーの離婚は彼の財産に大きな影響を与えました。もし彼らが婚前協定を持っていなかったと仮定すると、彼の資産の半分、約5000万ドルが彼女に渡された可能性があります。

アーノルドは政治に参入し、それが彼の財産にどのような影響を与えましたか？

カリフォルニア州知事として給与を諦めていたため、映画出演料として得られる推定200万ドル相当の収入を犠牲にしましたが、彼の既存の投資からは引き続き収入が生成されていました。

アーノルドは現在も投資活動を続けていますか？

現在の情報に基づくと、アーノルドは引き続き投資活動を続けており、資産は増加傾向にあると思われます。

アーノルドの日常の様子はどのようなものですか？

アーノルドは毎朝5時に起きて動物の世話をし、映画の撮影や自らのインスティテュートやチャリティー活動に勤しむとされています。

アーノルドは過去に性別差別などの問題についてどのように対応していますか？

過去に性別差別などの問題に関する複数の告発を受けていましたが、後には自分の行為について謝罪し、謝罪の意を示しています。

Outlines

00:00

💰 アーノルド・シュワルツェネッガーの億万長者への道

アーノルド・シュワルツェネッガーは映画「ターミネーター」で半分以上の利益を得ただけでなく、カリフォルニアの不動産投資から現在では7180億ドルの投資会社まで所有しています。彼はオーストリアの小さな町出身でしたが、筋肉競技と俳優業を通じて名を上げ、特に投資家として知られるようになりました。彼は積極的な投資家であり、映画スターとしての知名度を財産に変え、投資によって億万長者を超えました。

05:02

🎬 アーノルドの映画業績と投資戦略

アーノルドは1968年にアメリカに移住し、1970年に映画デビューを果たしましたが、その当時はすでに不動産投資を通じて百万長者でした。彼は映画「ターミネーター」での出演料として75万ドルを得た後、1990年代にはアクション映画で2000万～3000万ドルの報酬を得ていました。しかし、彼は喜劇映画「ツインズ」での出演を通じて、成功を収めました。彼は出演料を賭けて売上高の20％を獲得するという取り決めを行い、その結果、3500万ドル以上の利益を得ました。

10:04

🏢 アーノルドの不動産投資と企業投資

アーノルドはロサンゼルス、特にサンタモニカを中心に不動産投資を行い、アパートメントやオフィスビルを買い取り、数倍の価格で売却することで財産を増やしました。また、スターバックスやGoogleの初期投資家としても知られていますが、最も大きな投資は、ディメンション・ファンド・アドバイザーズの少なくとも5％の所有権です。その投資は彼が投資した1990年代以来、資産が60倍以上に成長し、現在では約7000億ドルの資産を管理しており、彼の投資は約60倍に成長し、現在ではほぼ5億ドルの価値があります。

15:04

📉 アーノルドの失敗した投資と財産の推定

アーノルドは「プラネット・ハリウッド」というレストランチェーンへの投資も失敗しましたが、所有権を2年かけて交渉し、最終的には損失を被ることなく利益を得ました。彼はシンガポール航空にリースするボーイング機を購入するなど、大きな投資も行いましたが、予想以上の成果は得られませんでした。しかし、最も高価な失敗はマリア・シュライバーとの離婚かもしれません。彼らの離婚により、彼の財産の半分が奪われ、彼の財産総額は離婚しないままであれば倍になっていた可能性があります。

🗳️ アーノルドの政治的キャリアとその影響

カリフォルニア州知事として政界に参入したアーノルドは、報酬を取らず、映画出演料を賭けたことで約2000万ドルの損失を被りました。彼の投資は盲目の信頼として管理され、彼は積極的に新しい収入を獲得できませんでしたが、彼の過去の投資からの利益を生み出しました。彼の投資家としての姿勢は彼の財産を形成する上で重要な役割を果たしました。

🤔 アーノルドの現在の生活と投資家の姿

アーノルドは現在も活動的で、毎朝5時に起きて家にいる動物たちを世話し、映画の撮影や自らのインスティテュートやチャリティーを運営しています。彼は70代になっても休まずに活動しており、彼の成功には彼の働き蜂のようなエチカと投資へのリスクを恐れない姿勢が大きく寄与しています。彼の財産は今後も成長し続ける可能性が高く、予測不可能な大きな事態が発生しない限り、彼は億万長者リストから外れることはないでしょう。

Keywords

💡アノルド・シュワルツェネッガー

アノルド・シュワルツェネッガーは、オーストリア出身の元ボディビルダーで俳優、かつてカリフォルニア州知事も務めた人物です。このビデオでは彼が俳優としての成功だけでなく、投資家として億万長者となっていると報道されています。彼の成功は、俳優としてのキャリアと積極的な投資活動の両方から来ていると説明されています。

💡投資

投資は、将来の利益を得るために資金を他の事業に提供する行為です。ビデオではアノルドが映画収益だけでなく、特に不動産やスタートアップ企業への投資を通じて財産を築いたと語られています。特に、彼がディメンション・ファンド・アドバイザーズへの投資が大きく成功し、彼の億万長者への道を築いたと紹介されています。

💡億万長者

億万長者は、少なくとも1億ドル以上の資産を持つ非常に裕福な人々のことで、ビデオではアノルドがその一人になったと報道されています。彼の億万長者への道は、映画俳優としての成功と積極的な投資活動の両方から来たとされています。

💡映画

アノルドは「ターミネーター」などの映画で有名になりましたが、ビデオでは彼が50本以上の映画に出演し、それらが55億ドル以上の興行収入を上げたと紹介されています。映画収益は彼の財産形成に寄与した重要な要素の一つです。

💡不動産

不動産投資は、アノルドの財産形成において重要な役割を果たしました。ビデオでは、彼がカリフォルニア州のサンタモニカを中心にアパートやオフィスビルを買い取り、数倍の価格で売却することで財産を増やしたと説明されています。

💡スターバックス

スターバックスへの投資は、アノルドの投資先としてビデオで取り上げられています。彼は比較的初期の段階でスターバックスに投資し、その後の成功に寄与しています。

💡ディメンション・ファンド・アドバイザーズ

ディメンション・ファンド・アドバイザーズへの投資は、アノルドの最も大きな成功投資の一つです。ビデオでは彼がその会社の株式を5％近く所有し、その投資が彼の財産を大幅に増やしたと報道されています。

💡プラネット・ハリウッド

プラネット・ハリウッドは、アノルドが投資したレストランチェーンで、ビデオではその失敗について触れられています。公開時には高評価でしたが、数年後には破産に陥りました。アノルドは所有権の交渉により損失を免れたとされています。

💡東モール

東モールは、ビデオで紹介されるアノルドの投資先の一つです。レズ・ウェクナーによって始められたショッピングモールで、アノルドは初期投資家として関与しています。

💡スキャンダル

ビデオでは、アノルドが過去に性暴力などの嫌疑を否定していたが後には謝罪したこと、また、そのスキャンダルの拡大について触れられています。特に、デビッド・ペッカーが彼のアフェアに関する報道を買収していたことが明らかにされています。

Highlights

The Terminator earned half a billion dollars at the box office and even more from investments.

Arnold Schwarzenegger is reported to be a billionaire.

Schwarzenegger's humble beginnings in a small Austrian town.

He became a millionaire before his big acting break through investments in real estate.

Schwarzenegger leveraged his role in Twins to negotiate a profit-sharing deal, earning over $35 million.

He has been an aggressive investor, turning his celebrity into a fortune.

Schwarzenegger's investments in commercial real estate in Los Angeles and Santa Monica.

Early investments in companies like Starbucks and Google paid off significantly.

His biggest investment is a nearly $500 million stake in Dimensional Fund Advisors.

Schwarzenegger owns a stake in East Mall, which was started by Les Wexner.

He was involved in the Planet Hollywood restaurant chain which went bankrupt.

Schwarzenegger's divorce from Maria Shriver could have cost him half of his wealth.

He was mentioned in Donald Trump's New York City hush money trial.

Schwarzenegger did not take a salary when he was governor of California, forgoing around $200 million in movie paychecks.

His investments had to go into a blind trust during his governorship.

Schwarzenegger's financial advisor describes him as a smart and risk-taking investor.

He is still very active in his 70s, running his Institute and charity work.

Schwarzenegger's fortune is expected to continue growing, keeping him on the Forbes billionaires list.

Transcripts

the Terminator earned half a billion

dollars at the box office but even more

from early bets on everything from

California real estate to now a $718

billion investment

firm hi everybody I'm Britney Lewis a

reporter here at Forbes joining me now

is my Forbes colleague jamaa makoy jamaa

thanks for coming on in thanks for

having me Forbes has some interesting

news to report you're reporting that

Arnold Schwarzenegger is a billionaire

we all know who the actor Arnold

Schwarzenegger is but he comes from very

humble beginnings tell us about them yes

so I'm not sure if a lot of people know

Arnold Schwarzenegger's background but

he's from Austria obviously he's from a

small town called tal which has a

population today of about 2,500 people

but back when he was born there um he's

76 years old so 76 years ago it was a

lot smaller just a few hundred people um

he you know explains his background was

very

uh you know they didn't have a lot

growing up but he obviously made a name

for himself first in bodybuilding and

then in acting um and then probably a

lesser known part of his legacy is as an

investor he's been a very aggressive

investor over the years and has turned

his celebrity into a fortune and the

investor side of him is what helped him

Propel over the line of billionaire and

we will get to that in a moment but

first what most people know Arnold

schwarzeneger as is the actor so take us

to the beginning of his acting career

and then walk us through a turning point

for him which was the comedy Twins and

how he leveraged that to make a decent

chunk of change sure so Arnold moved to

the US in I think 1968 and he got his

first acting role in

1970 um in Hercules in New York um it

was a pretty small film didn't end up

doing very well but it was his you know

Bridge into acting um and the

interesting thing about Arnold is that

he was a millionaire before he ever even

took a big role in a film so this meant

that he was and this was from investing

his money from bodybuilding and some

side hustles into real estate in

California so he managed to make a

million dollars and this gave him a

Financial Freedom that meant that he

didn't have to take the first acting

role that came across his plate so

instead of taking you know like Side

characters he held out for you know the

big role uh which was a pretty

interesting thing to do considering the

fact that when he moved to the US

you know here's a guy with a thick

Austrian accent a lot of people didn't

want to take him for their movies they

didn't want to be his agent so he really

had to fight for this but he did end up

getting his breakout role in Terminator

in the 70s um and he was paid about

$750,000 for that role which you know

was a huge Blockbuster but as you

mentioned twins was really a big moment

for him um in the 1990s he stars in this

buddy comedy with um Danny DeVito and he

had only done action movies up until

this point and he'd been making a lot of

money doing them he'd been getting 20

even 2530 million for movies in the 90s

um but he decides he doesn't just want

to be you know cast as this action hero

who can't do anything else so he pitches

the studios with Danny deito of a comedy

um and they're hesitant to make it

because they just want to make another

action movie so what he does is he says

okay I won't take a salary instead take

a portion of you know the sales of how

the movie does so they come to this

agreement where he's going to get just

under 20% um of all of the backends so

that means like any DVD sales any kind

of money that the film makes and this

ends up being you know his biggest

financial success as a film he makes

over $35 million from it so it kind of

just shows how he was very early to

invest these I mean early to negotiate

these smart profit sharing deals ended

up making him a fortune in Hollywood

how he made his money from twins was a

gamble but that seems to be a theme in

Arnold Schwarzenegger's life especially

when it comes to investing you mentioned

he's an aggressive investor he's not

risk averse he's been in nearly 50

movies but what else contributed to that

fortune yeah definitely so you know the

big foundation of his fortune comes from

films so uh as you said he made 50

movies they grossed $5.5 billion at the

box office and he took home after taxes

and fees and everything about2 $ million

and instead of sitting on that spending

it like a lot of you know Hollywood

people do he made some pretty big um and

out there Investments and some of them

paid off and some of them didn't um he

invested a lot in commercial real estate

in Los Angeles in Santa Monica

specifically so he started up by buying

apartment buildings and then he would

sell it you know a few years later for

double the price and ended up owning a

significant amount of real estate and

then he branched into Office Buildings

commercial properties too and these are

you know multi-million dollar properties

that he was buying and flipping and so

he became a pretty significant landlord

outside of that he was also pretty

active and forward thinking and

investing in the stock market so he was

a relatively early investor in Starbucks

he uh participated in the series a round

of Google um but then his biggest

investment at least that I was able to

find is he owned uh he bought less than

five just under five % of dimensional

fund advisors which was a at the time

when he invested in the 1990s was like a

pretty small investment firm uh it's

ballooned to uh it's about 60 60 times

the size of what it was when he invested

it's now 700 plus 700 billion in assets

under management um and so his

investment has grown by you know roughly

60 times and that's worth nearly $500

million today so you know he took some

early gambles on small companies or

companies that were up and coming and

these turned out to be really successful

I want to get back to his real estate

portfolio you mentioned he has places in

Santa Monica in California I'm going to

go across the country to Ohio a bit and

talk about the East Mall and why that

connection is so relevant today yeah so

um a a little known thing about Arnold

Schwarzenegger is he does own a Stak in

East Mall which is a mole outside of

just outside of Columbus that was

started by Les Wexner um the former

owner of Victoria Secret and L Brands

which was a big retail conglomerate so

Les Wexner had a bit of a full from

Grace or a significant full from Grace

when he was uh caught up in uh the

Scandal around Jeffrey Epstein he was

Jeffrey Epstein's big financial backer

um and he uh so he started this mole and

Arnold was an early investor and has

continued to invest um so it's not clear

if if um it's not clear if Les Wexner

still owns a stake in the moall but it

was his project and so at some point

Arnold did credit Les as a as a mentor

SL teer of his so we know that they had

a close connection at some point but

it's unclear if that still uh exists

today you mentioned some gambles that

did payoff for Arnold Schwarzenegger but

not everything has always been Rosy for

him financially can you walk us through

those times especially the failure of uh

Planet Hollywood as well as his divorce

from Maria Shriver yeah so um I'm sure

some people will remember Planet

Hollywood it was a restaurant chain like

Hollywood themed that was started by the

same guy behind the Hard Rock Cafe and

so they got a bunch of actors including

Arnold and Sylvester Stallone and Bruce

Willis to invest in this chain it went

public in the early '90s I think

1991 um at a $3 billion valuation so it

was a pretty hot IPO back at the time

and then just a few years later it went

bankrupt it was kind of a bit of a

financial disaster um a lot of people

lost a lot of money a lot of investors

did and actors did but um Arnold was

actually smart and uh took two years to

negotiate his ownership stake um which

meant that he actually came out without

losing any money and did make money

according to his financial advisor so um

another big splashy investment that he

made was he bought an $130 million

Boeing uh commercial jet which he then

rented back to or leased back to

Singapore Airlines um and so this was a

big investment at the time everybody was

talking about you know this crazy $130

million purchase and it didn't end up

doing as well as um they had anticipated

but he didn't lose money on it so those

are a couple of things but you know as

you mentioned the divorce for Maria

Shriver um who is a Kennedy Heir and a

former newscaster that is probably his

most cost ly mistake if you will um we

we don't know the arrangements that he

had with her whether they had a prup or

not um it's not public so we did our

math assuming that they didn't um have a

prenup so we took away 50% of his assets

when they divorced in 2021 and so he

could be worth double the amount that we

put him at which is a billion today if

he hadn't been through the divorce so uh

that is probably on the list of you know

uh Investments that didn't go right

that's the top of it Arnold

Schwarzenegger was also mentioned

recently in Donald Trump's New York City

hush money trial can you elaborate on

that for us yeah absolutely so um David

pcker the the former publisher of the

national Inquirer was a key witness in

Trump's trial and he was testifying

about you know paying for and killing

stories from women um about Trump and it

also came up that he was doing the same

thing for Arnold Schwarzenegger when he

was running for governor in 2003 um so

David pecker testified that uh he made

an agreement with Arnold where he would

um basically buy stories from women that

were coming forward to him with

allegations of Affairs or or sexual

harassment even um and then he would buy

the stories from the women and then

quote kill them which means like pay for

the story and then you make sure it

doesn't go anywhere um and he testified

a trial that he did that was either

somewhere between 30 and 40 women so uh

we knew that in the past he had faced

allegations of sexual misconduct um the

LA Times had this big Blockbuster report

from when Arnold was running for

governor where they outlined over a

dozen allegations from women of groping

and harassment um and Arnold at the time

denied them but he since admitted um

he's admitted wrongdoing and said and

apologized for those allegations but

this was new at the trial because just

of the scale that David pecker outlined

of 30 to 40 women is a lot higher than

you know what was previously reported so

that did bring him back in the headlines

um and his Representatives didn't

respond to requests for comment there

from me I do want to talk about that

foray into politics 20 years ago how did

that affect his fortune if it did in any

way yeah so Arnold famously did not take

any salary when he was governor of

California

um and you know one of the reasons for

that was he was so wealthy already but

he did forgo he's estimated around $200

million worth of movie paychecks um when

he was governor you know he was turning

out two films a year and taking home 20

million plus for each film so over his

two terms in office that equates to

about 200 million um and he also wasn't

able to play an active role in managing

his Investments so all of his

Investments had to go into a blind trust

that was managed by his investment

advisor so for about eight years he

wasn't you know actively bringing in new

income but he was still generating

income off of his previous Investments

and some like small roles that he played

so and can you talk about a moment that

you mentioned in your story when he was

sitting I believe at a basketball game

and was talking to his financial advisor

what did he indicate that he do yeah so

I did speak with his financial advisor

for the story and he was kind of

outlining to me what type of investor

Arnold is and how he is so um he likes

taking a risk and this was during the

financial crisis and so they weren't

allowed to talk about his Investments as

part of the his governorship um and the

blind trust but he says that they were

at a Lakers game uh in I think

2009 and Arnold turned to him and was

like you better not be selling right now

and he said that that's you know all his

other clients were panicking during the

financial crisis and telling him to

offload assets um but Arnold knew that

this was just a dip and things would

come back up and uh so he thought that

that was a pretty good example of you

know this guy being very smart when it

comes to investing um and not afraid of

risk at all aside from his financial

advisor who else did you speak to and

what did you learn about who Arnold

Schwarzenegger is yeah so unfortunately

Arnold would not speak with me for the

story I think generally he kind of shies

away from talking about wealth SL

financial matters um but I did speak to

his his longtime financial adviser um

Paul wter who is the founder of Main

Street advisors which is a celebrity

advisory firm that was founded basically

because he was advising Arnold and

realized that there was a market for

more celebrity clients um but so Paul

knows him very well was gave me a lot of

you know back ground on his Investments

and then also spoke to his um Chief of

Staff who is also a longtime employee of

Arnold who's worked with him since his

days as Governor um and then his former

press secretary from when he was

governor so I really wanted to speak

with people that you know have worked

with him a long time and know him and

could kind of get into his brain a

little bit and tell me how he managed to

you know become so successful in

investing um and then finally I spoke

with the head of the Schwarzenegger

Institute which um many people might not

know this but uh in in the after he left

um his position as governor in 2011 I

think he uh arranged for a $20 million

donation uh to USC to start the

Schwarzenegger Institute which is a

public policy Think Tank he's still

involved today so I spoke to the head of

that about his involvement there

something interesting and interesting

anecdote you included in the story is

that I believe that during his time as

governor no one was allowed to use the

word tired around him it was referred to

as the t- word I'm wondering if now in

his mid 70s if he's still on the go on

the go not slowing down not using the

word tired what does a typical day in

Arnold Schwarzenegger's life look like

yeah so I'm not sure if the word tired

is still banned but he does seem to be

as active as ever you know according to

his chief of staff he's up at around 5:

every morning uh to feed his animals he

lives and has a donkey and a pig and a

bunch of other farm animals on at his

house um so then he is working all day

you know he's like shooting movies he's

running his Institute his charity so

even though he was fitted with a

pacemaker earlier this year he is as

busy as ever according to his chief of

staff so I think that's also another key

reason that he's managed to be so

successful um you know there's only 14

other celebrities that we have on our

billionaires list of you know 2,500 plus

billionaires around the world only 15

celebrities 14 celebrities in the US

have managed to do this so it's not easy

um and a big part of that seems to be

his work ethic his acting career alone

didn't get him on the Forbes

billionaires list his Investments played

a huge part in that as you said so is

there any indication that his

investments will keep him there uh it

seems at this point that he he should

stay on the list unless there's a big

you know economic downturn and his

Investments don't perform well then he

could potentially dip off but if

anything he's been it's been his fortune

has been growing a lot um as far as we

can tell so I wouldn't expect him to

drop off anytime soon um unless there's

some other big you know thing that we

can't predict coming up but um yeah I

think he'll he'll be on there for the

foreseeable future jamaa maoy thanks for

joining me thank you very much for

having me