What's a co-founder of Oculus splurged after selling $ 2 billion on Facebook



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A new Tesla Model S, the automaker's popular luxury sedan, costs between $ 75,000 and over $ 135,000, depending on the set of features you choose. Meanwhile, CarGurus.com is selling 1969 Ford Mustang Convertibles at prices ranging from $ 16,000 to almost $ 33,000.

The third article on which Luckey was made funny took a little more training than cars. "Shortly after, I bought a helicopter," he told CNBC Make It. Helicopters can cost from hundreds of thousands to millions of dollars.

The reason Luckey wanted to take the sky in his own helicopter was when he was a child, he said: "Growing up, I always wanted to be a helicopter pilot. most rich people in a private jet, but it's much colder by helicopter, so I'm having a lot of fun doing it. "

According to the New York Times, Luckey received his student pilot license in 2016, but he admits that he is still improving his piloting skills. "I would not recommend that you ride with me – I always learn – but it's very fun," he says.

Luckey stayed at Oculus, owned by Facebook, until 2017, when he left to found the start-up defense technology company Anduril Industries. Luckey, who has faced controversy on Facebook about his political contributions to far-right groups, recently told CNBC that "it was not my choice to leave" [Oculus]. "(Brendan Iribe, co-founder of Luckey, also left Facebook last week.)

Meanwhile, when it comes to managing money, Luckey says that he takes a conservative investment approach that he learned from his grandfather. "My grandfather has learned about money, and he's taught me to invest cautiously and preserve what you have."

Overall, Luckey 's investment strategy is to invest money in relatively low – risk index funds that divide money between stocks and stocks. "I do not try to beat the market," he says. "I agree and think that as long as the US economy is fine, I will do well."

Even though he's earned a multi-million dollar fortune selling Oculus, Luckey says he's not doing too much effort to invest his money. "I do not pretend to be a venture capitalist, or something like that," he says. "My goal is to make my business a success, to succeed for my employees, not to spend my time turning the money I 've already earned into more money by investing in it. what do others do, I believe in what I do more than I believe in almost everyone else doing, so that's where I should invest my time. "

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