John McAfee
John McAfee knows about risk. A mathematician by training, in the late 1980s he developed the antivirus computer software program that has become a household name. In the 1990s he pioneered instant-messaging. In both cases, he grew bored and cashed out. At his peak, he was reportedly worth about $100 million. [..] "Oddly enough, when real estate markets crash, it's the higher end properties that crash the most ... Simply because they're not necessities," he said. "My father always said, 'Real estate, you can't lose in real estate' ... You know, oddly enough you can." Ref. Source 5
John Mcafee (Hover)
He seems to be taking it all somewhat happily. For someone to have lost an estimated 90% of his wealth he seems oddly accepting. I guess the positive is that he still has money left and is not completely bankrupt.
International Level: Politics 101 / Political Participation: 0 0%
It doesn't matter what kind of situation the economy is in, a bad investment is a bad investment. This is what I try to tell young couples before they invest in a home - look at the value, will you be able to resell for a higher price if you need to? Is the property in a location where others will want to come and live, raise a family, etc.?
International Level: Junior Politician / Political Participation: 100 10%
Software company founder John McAfee was seeking asylum in Guatemala, because he feared persecution in Belize for the November slaying of a fellow American ex-pat. Police in Belize have called McAfee a person of interest but say there is no warrant for his arrest. Ref. USAToday
Guatemala seeks to expel McAfee
Guatemalan police arrested US software guru John McAfee on Wednesday for illegally entering the country and said it would expel him to neighbouring Belize, which he fled after being sought for questioning over his neighbour's murder. Ref. Source 9
Anti-virus software founder John McAfee has been released from detention in Guatemala and is heading to the United States. Ref. CNN