Billionaire tech CEO: ‘I’ve lost all my money…..’

John Foley, former Peloton CEO, disclosed to the New York Post that he lost his fortune following his departure from the company in 2022. Once valued at $50 billion during COVID-19, Peloton’s valuation plummeted to $1.7 billion. Foley has sold significant assets and launched a new venture, Ernesta, with hopes of financial recovery.