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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsOnce hailed 'America's richest man,' he's now raising cash by selling his jet, 257-foot yacht, art..
Once hailed as Americas richest man, hes now raising cash by selling his jet, 257-foot yacht and loads of art
https://www.marketwatch.com/story/once-hailed-as-americas-richest-man-hes-now-raising-cash-by-selling-his-private-jet-257-foot-yacht-and-loads-of-art-11600655045
I realized that for far too long, I have been holding onto too many things that I dont use or even want. I concluded that its time for me to clean house, simplify and give others the chance to enjoy some of the beautiful things that Ive acquired just as I have for decades.
Often when people say this sort of thing, its masking something else. In Ronalds case, its true, Graydon Carter, the former editor of Vanity Fair whos know Perelman for three decades, told Bloomberg. He has learned to love and appreciate the bourgeois comforts of family and home.
...
But Richard Hack, the author behind a 1996 biography of Perelman, isnt buying it.
If you want a simpler life, you go buy a farm in Oklahoma, not sell a painting out of your townhouse in Manhattan, he told Bloomberg. If hes selling his art, its because he needs cash.
Where's my violin?
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Once hailed 'America's richest man,' he's now raising cash by selling his jet, 257-foot yacht, art.. (Original Post)
Roland99
Sep 2020
OP
LiberalArkie
(15,703 posts)1. Or he is converting things into hard currency.
delisen
(6,042 posts)2. Signal that art.yacht and private jet markets to crash
and liquid assets are in.
Rich man not donating the art to museums?
Mopar151
(9,975 posts)3. Cutting down on the overhead!
Yauchts, and jet planes, have very high "cost of ownership". High end art costs for security/insurance to keep around. If they don't make you happy anymore, sell 'em!
Backseat Driver
(4,381 posts)4. Got caught in the FinCEN Ponzi caper?
crickets
(25,952 posts)5. Preparing for the crash. nt