Courts Give Kim Dotcom And Family $60K Monthly For Expenses

Posted: Mar 23 2012, 2:30pm CDT | by , Updated: Mar 23 2012, 2:35pm CDT, in News | Technology News


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More money from a month than many make in a year

I don't know where you live, but in my area, $60,000 is a very nice yearly income. In the world of Megaupload CEO Kim Dotcom $60,000 is what he needs to get by for a month. Courts have agreed to give Dotcom $60,000 each month to cover expenses. The judge said that $20,000 of that monthly income would come from interest drawn on $10 million worth of government bonds.

The second $40,000 monthly payment will come from a bank account Dotcom owns that was seized when he was arrested that has about $300,000 sitting in it. The courts also allowed Dotcom access to a 2011 Mercedes-Benz that he owns. It's hard to imagine needing $60,000 each month just to get by, the rent on the mansion where Dotcom was arrested is said to be about $1 million each year.

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
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