This is probably too conspiracy theory-ish, but I feel like he made some shady side deal or bet that he could destroy the company in record time. You know, bored rich people stuff. I personally can't fathom how someone can be THAT incompetent and still run so many successful companies. He televises himself as a fool in the public scene, but we don't know him personally, so we really can't know. Maybe it's all for show to highly underestimate him so he can swoop in at pivotal moments... Or he is genuinely a loser rich kid. Haha