You're acting like he bought a depreciating asset or something. Newsflash friend....If you're worth $1 billion and you buy a $100 million dollar house, you're still worth $1 billion.
And when you make 10% on your 100 buck house, you make another 10 bucks. You gotta throw big stones into deep ponds. Pebbles into puddles gets you no where.
nice weather, low taxes, rich people are moving out of NYC. I think Miami would be replaced NYC as world trade center. There're a lot of constructions in miami (I was there quite recently).
He needs to spend another $50K on a new plastic surgeon to fix the damage the last one did on that bird's lips.
%% True; in days of old, not true now-Carl Ichan is moving down to Miami. He bought a place there in 1990's; maybe he saw another big trend coming?? P Tudor Jones moved to Palm Beach years ago; looks like a big hot trend against big taxes/regs.,