Corporate Greed: Dennis The Menace

Dennis Kozlowski built Tyco into a global conglomerate by buying everything in sight. Now he's the latest CEO to resign in disgrace

Dennis Kozlowski is fond of saying that "money is the only way to keep score." And by that measure, as CEO of the conglomerate Tyco, he often came out on top. He took home more than $300 million in total compensation in the past three years. He amassed an impressive collection of toys: three Harley-Davidson motorcycles; a 130-ft. classic 1930s sailing yacht; a private plane; lavish homes in New York City, coastal New Hampshire, Nantucket and Boca Raton, Fla.; and a small stake in the New Jersey Devils and the New Jersey Nets. Most important, in the past decade, he paid...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!