I read an article a couple of years ago that if he had simply invested his inheritance in the market, he'd be worth about $12 billion, not the probably less than $1 billion he has now, as net worth (as a real estate "tycoon" he is heavily leveraged and would not get that much in any sales of property)..... All his wheeling and dealing has cost him money, and lots of it.....
I read an article a couple of years ago that if he had simply invested his inheritance in the market, he'd be worth about $12 billion, not the probably less than $1 billion he has now, as net worth (as a real estate "tycoon" he is heavily leveraged and would not get that much in any sales of property)..... All his wheeling and dealing has cost him money, and lots of it.....
I read an article a couple of years ago that if he had simply invested his inheritance in the market, he'd be worth about $12 billion, not the probably less than $1 billion he has now, as net worth (as a real estate "tycoon" he is heavily leveraged and would not get that much in any sales of property)..... All his wheeling and dealing has cost him money, and lots of it.....
Clearly, Dumpster's life's work, regarding money, has been to make a small fortune... out of a large one.
Yes, that's true.