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William Shatner a stock market billionaire?


March 30, 2011 - Washington

Is Canadian actor William Shatner officially a billionaire? He could be, courtesy Priceline.com.

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

When 'Star Trek' Captain Kirk 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 dollars.

Then the run began.

Though it's not known 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 dollars/share, reports the Fox News.

With the stock up nearly 200 dollars more/share since then, its possible Shatner is getting darn close to being a good, old fashioned stock market billionaire.

ANI

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