this post was submitted on 26 Sep 2023
1254 points (84.5% liked)

Linux

48184 readers
1419 users here now

From Wikipedia, the free encyclopedia

Linux is a family of open source Unix-like operating systems based on the Linux kernel, an operating system kernel first released on September 17, 1991 by Linus Torvalds. Linux is typically packaged in a Linux distribution (or distro for short).

Distributions include the Linux kernel and supporting system software and libraries, many of which are provided by the GNU Project. Many Linux distributions use the word "Linux" in their name, but the Free Software Foundation uses the name GNU/Linux to emphasize the importance of GNU software, causing some controversy.

Rules

Related Communities

Community icon by Alpár-Etele Méder, licensed under CC BY 3.0

founded 5 years ago
MODERATORS
 

Reading about FOSS philosophy, degoogling, becoming against corporations, and now a full-blown woke communist (like Linus Torvalds)

you are viewing a single comment's thread
view the rest of the comments
[–] tal@kbin.social 32 points 1 year ago* (last edited 1 year ago) (9 children)

https://moneyinc.com/linus-torvalds-net-worth/

How Linus Torvalds Achieved a Net Worth of $150 Million

Red Hat and VA Linux went public, and since they acknowledged it would not have been possible without the programmer, Torvalds received shares reportedly worth $20 million. Before it went public, Red Hat had allegedly paid Torvalds $1 million in stock, which the programmer claims was the only big payout he received.

He revealed that the rest of the stock Transmeta and another Linux startup awarded him were not worth much by the time he could sell them. However, in the case of his Red Hat stock, it must have been worth his while because, in 2012, Red Hat became the first $1 billion open-source company when it reached the billion-dollar mark in annual revenue.

Whether he exercised his stock options is unclear, but the money he makes from the gains could be the reason why his net worth has continued to soar.

Well, that's one definition of being communist, I suppose. Myself, I think that it's fairly safe to say that Torvalds is okay with private ownership of industry.

[–] askat@programming.dev 21 points 1 year ago

I don't know about his political views, but I think Linus deserves every last penny he got from Red Hat.

load more comments (8 replies)