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Don't bogart that billion, my friend.

Submitted by Jim Downey on October 16, 2009 - 11:51am.

I think Bloomberg's been had. In a profile piece about Ted Turner, there's these passages:

“If you were around at the time, I gave everybody a hundred thousand dollars if they came up with anything,” Turner said. “I just couldn’t hold onto it. I wanted to keep it moving. I get a dollar, I give it to you, you spend it, somebody else gets it. You know, pass it around. You know, it’s kind of like a joint -- you just pass it around, light it up, you know, share with your friends.”

The former media mogul’s Turner Enterprises owns about 2 million acres in 12 U.S. states and Argentina. More than 50,000 bison roam on parts of his land, according to the company. Some of those bison wind up in burgers and other dishes at Ted’s Montana Grill, a restaurant chain he co-founded in 2002. Ted’s has more than 50 outlets, according to its Web site.

Turner said he has learned to live with less, yet he still bemoans the decline in his net worth.

“To drop out of that league, that was hard to do,” Turner said. “I’ve had the experience of being on top and riding the roller coaster down again, nearly to the bottom. You know, if you economize and don’t buy new airplanes or long-range jets, or that sort of thing, you can get by on a billion or two.”

They write the piece like this was serious - but it sure sounds to me like Ted is jerkin' their chain pretty hard. Either way, it's a laugh.

Jim Downey

Via BJ.

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