For Silicon Valley millionaires, too much is never enough
For Silicon Valley millionaires, too much is never enough – International Herald Tribune
MENLO PARK, California: By almost any definition – except his own and perhaps those of his neighbors here in Silicon Valley – Hal Steger has made it.
Steger, 51, a self-described geek, has banked more than $2 million.
The $1.3 million house he and his wife own on a bluff overlooking the Pacific is paid off. The couple’s net worth of roughly $3.5 million places them in the top 2 percent of families in America.
Yet Steger continues to toil in what a colleague calls “the Silicon Valley salt mines,” working as a marketing executive for a technology start-up company, still striving for his big strike. Most mornings, he can be found at his desk by 7 a.m. He typically works 12 hours a day and logs an extra 10 hours over the weekend.