Walmart shut down Jet.com in 2020.
In 2018, while still at Walmart, Lore founded Wonder, a food delivery startup he says will one day be a “super app for mealtime.”
Already that company is another unicorn, with an estimated valuation of $7 billion following a $600 million fundraising round last month, according to Bloomberg. Wonder acquired Blue Apron and GrubHub for a combined $750 million over the past year.
Retail analyst Chris Walton scoffed at Wonder’s ambitions and said on his Omni Talk podcast last year, “I already have a super app; it’s called DoorDash.”
“But who am I to question them, especially Marc Lore; he sold two businesses that never made any money and don’t exist anymore,” Walton said.
Alex Rodriguez, one of the new owners of the Timberwolves, made hundreds of millions during his baseball career, including a 10-year, $275 million contract with the New York Yankees. (RICHARD PERRY/The New York Times)
Rodriguez, 49, became a millionaire not long after the Seattle Mariners drafted him first overall in 1993 when he was 17. Then in 2000, Rodriguez set a baseball contract record when the Texas Rangers signed him to a 10-year, $252 million deal. He broke his own record in 2007 with a $275 million 10-year contract with the New York Yankees.