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Star Trek - Original Series The one that started it all...

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Old March 30 2011, 12:45 AM   #1
the G-man
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Shatner's a billionaire?

William Shatner, Stock Market Billionaire?
  • He may be, thanks to Priceline.com.

    Quietly PCLN shares have surged to yet another record high. They're up nearly $90 bucks this year alone and are closing in on $500.

    When Captain Kirk .. er, Shatner .. became Priceline's pitchman more than a decade ago, he smartly (or desperately) decided to be paid in stock. After a brief run during the tech boom Priceline shares went into the dump, bottoming out below $2.

    Then the run began.

    While we don't know how many shares or options Shatner was given, or if he has held onto them, reports last year were that his stake was worth some $600 million dollars. And that was when Priceline was trading at a mere $300/share.

    With the stock up nearly $200 more/share since then, its possible Mr. Shatner is getting darn close to being a good, old fashioned stock market billionaire.
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Old March 30 2011, 12:55 AM   #2
Vulpes
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Re: Shatner's a billionaire?

I know that he has a decent interior design budget, considering his appearance on American Pickers.
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Old March 30 2011, 01:32 AM   #3
Merky
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Re: Shatner's a billionaire?

I don't know if being a Stock Market billionaire is a good thing or a bad thing. The stocks is funny money imo
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Old March 30 2011, 01:38 AM   #4
A beaker full of death
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Re: Shatner's a billionaire?

A billion ain't what it used to be.
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Old March 30 2011, 02:08 AM   #5
Leroy
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Re: Shatner's a billionaire?

Ashes of Eden must have sold better than I thought.
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Old March 30 2011, 02:54 AM   #6
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Re: Shatner's a billionaire?

According to Brent Spiner... actors do okay finacially too.
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Old March 30 2011, 03:06 AM   #7
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Re: Shatner's a billionaire?

holy crap... priceline.com stock is that expensive!!!!!
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Old March 30 2011, 09:04 AM   #8
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Re: Shatner's a billionaire?

Current Share Price = $492
Shatner's alleged equity = $1, 000, 000, 000

So Shatner would have been given 2, 032, 520 shares in the company to appear on the TV ads.

This would make him the second largest holder of this company's shares behind PRICE (T.ROWE) ASSOCIATES INC who own 2,288,914 shares, or just over 4% of the company.

Assuming he signed on in March 2001 when the stock was near its rock bottom, Priceline paid him :

$2.53 x 2, 032, 520 = $5, 142, 275.60 to do the ads.

I think we can safely say the Shat isn't a Priceline billionaire, but if he bought and held, he's done very nicely (as would have anyone owning these shares).

As we speak, Shatner is hopping on a plane to fly all the way to Australia to do a Star Trek convention. If he were a billionaire, he sure must love appearing at conventions a whole lot more than he lets on
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Old March 30 2011, 05:58 PM   #9
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Re: Shatner's a billionaire?

If he is, good for him! If he isn't, hang in there, Bill. You're going to be.
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Old March 31 2011, 01:33 AM   #10
Admiral James Kirk
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Re: Shatner's a billionaire?

A beaker full of death wrote: View Post
A billion ain't what it used to be.

Really? Well if you have a billion that you don't want I'll be happy to take it off your hands.
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Old March 31 2011, 03:23 AM   #11
Elder Knight
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Re: Shatner's a billionaire?

I don't know ... his latest commercial wherein you use PriceLine to negotiate your income taxes . . . that could go horribly wrong.
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Old March 31 2011, 03:38 AM   #12
Admiral Buzzkill
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Re: Shatner's a billionaire?

They could have done a little research - Shatner has mentioned more than once that he sold most of his stock shortly before the dot.com bust and that was quite a while ago.
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Old April 1 2011, 12:23 PM   #13
Botany Bay
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Re: Shatner's a billionaire?

I believe "click bait" is the name they use for this kind of stuff.

A lot of news websites are drowning in this crap - its getting hard to find the actual news in amongst the rubbish hastily thrown up to get page views.
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Old April 1 2011, 10:55 PM   #14
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Re: Shatner's a billionaire?

Dennis wrote: View Post
They could have done a little research - Shatner has mentioned more than once that he sold most of his stock shortly before the dot.com bust and that was quite a while ago.
Even if this is true, I hope Shat's doing well financially. You hear a lot of stories of celebrities who foolishly lose their money or have it squandered by unscrupulous financial managers. He deserves to be living well.
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Old April 2 2011, 08:39 PM   #15
Markas
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Re: Shatner's a billionaire?

No one at this point knows how many shares Shatner was granted, nor how many he has held on to. He sold some after the dotbomb for $5.xx per share. Priceline won't say how many shares they gave him beyond the original grant, which was either 100k or 125k shares.

Yeah, he's plenty rich, but probably not a billionaire from PL.
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