Pudgy Penguins CEO Luca Netz said in a recent interview that while he has never spent as much as other wealthy people, he did admit to buying a Rolls-Royce Cullinan. It is reported that the starting price of its 2023 model is more than $375,000.
Netz said: "The Rolls-Royce Cullinan was the last thing I should have bought, and I regret it. It's easily the worst car I've ever owned. On paper, it's a great car. . But it was big and bulky—I called it an oil rig. It had no gadgets and few features. It had no use other than a nice orange interior."
When asked if he planned to sell it, he joked: "It will always be an oil rig on my front lawn in case one day we find a mine and I need to start drilling for oil. Maybe that thing can be sent Come in handy."
It is understood that Netz sold his e-commerce imitation gold jewelry business at the age of 18 and became a self-made millionaire. He later bought Pudgy Penguins for $2.5 million and most recently oversaw the launch of the brand's stuffed toys at Walmart. Today, the 25-year-old estimates he may be worth more than $100 million. (Fortune)