4.7 • 1.1K Ratings
🗓️ 23 February 2023
⏱️ 41 minutes
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After cashing out, John McAfee uproots and tries to reinvent himself. He starts a new company and forms a yoga retreat. Reporter Jamie Tarabay also looks into a new and extremely dangerous hobby that captures McAfee’s interest.
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0:00.0 | The world needs solutions. On October 24th at the London edition of the Bloomberg Technology Summit join leaders, innovators and entrepreneurs to discuss technologies that are poised to solve our most pressing global challenges. |
0:13.0 | From reducing CO2 emissions and making cities more livable to affordable healthcare and combating food insecurity. |
0:20.0 | Examples from Deliveroo, Zeeman's Graphical Remore will examine where tech innovation can take us. Learn more at BloombergLive.com slash tech summit 2023. |
0:30.0 | Jim Goal is an auctioneer based in Miami. He says that one day in 2009, he's phone rang. |
0:37.0 | The office called me and they said, John McAfee and don't call him McAfee. He has called and has properties and wants to speak with you. |
0:47.0 | Well, I know who he is because everyone was talking about antivirus, so I was honored and humbled. |
0:55.0 | Only months earlier, the stock market had crashed and the American economy sank into a deep recession. On employment hit 10%, people who taken out loans on homes they couldn't afford lost them. |
1:08.0 | It was a manic Monday in the financial markets. The Dow tumbled more than 500 points. |
1:15.0 | We're in the midst of a serious financial crisis. |
1:18.0 | Lehman Brothers, a 158-year-old firm, filed for bankruptcy. |
1:23.0 | Brought down by bad mortgage investments, Lehman, which has 25,000 employees, will be liquidated. |
1:30.0 | Against this backdrop of banks foreclosing properties and people being forced from their homes, |
1:36.0 | John McAfee wanted to offload too if he's vacation houses. |
1:40.0 | They were in obscure, hard-to-reach places. One of them in Hawaii had been a leper colony in the 1800s. |
1:48.0 | So that's not a place where the cruise ships go. They have like one flight in and out of Molokai. It's not like going to Honolulu. |
1:56.0 | And his properties in Rodeo were just north of the Mexican border and there would be mules going through that area. |
2:05.0 | He had guns in every corner of his house. The border patrol was everywhere. |
2:09.0 | You had to travel far out of your way to reach those kinds of places. |
2:13.0 | And Jim says this was deliberate on McAfee's part. |
2:17.0 | So he was kind of reclusive and he liked to live well. He traveled the world. |
2:24.0 | And he just wanted to get out of the rat race of life. |
2:29.0 | He just wanted to get away from it all. |
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