A-Rod will make bank as jet firm goes public...
The early bird gets many things — including an occasional financial windfall.
On Monday, private jet group Wheels Up announced it was going public — something that will net a select group of Florida residents serious wealth after they made early investments in the charter plane ride-sharing platform.
Among the earliest investors in Wheels Up, the Miami Herald reported in 2015, were baseball legends-turned-investors Alex Rodriguez and Mike Piazza, now both Miami Beach residents; Miami-based investing group Krillion Ventures; transportation executive Thomas Oakley of Polk County; and former Chico’s CEO Scott Edmonds, most recently of Fort Myers.
Specific investment amounts were not disclosed. But it probably wasn’t close to the $2.1 billion that Wheels Up now estimates it is worth.
Read more here: https://www.miamiherald.com/news/business/article248921764.html?fbclid=IwAR0wjGqtaHz95YHfIMAhIHAkCeMUUz3N_imEFNr_KBfch_0pegIJDEaoRpo#storylink=cpy