(1/2) Tech/$MSFT billionaire makes boatloads of $$ in the first #techbubble and buys trophy property with it. That RE soars in value during the #housingbubble, then even more in the generalized asset bubble we're seeing now. Then he looks to cash out for 7.7X his $$ ...
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Asking is one thing but closing the deal is another...
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(2/2) before costs? Good for him! The
$SPX only returned ~2.95X during the same 21 years (before DVDs). Of course, you can ask whatever you want. It's what you get that counts. And it's worth noting Enchanted Hill reportedly sat on the market for 5 yrs before Allen bought in '97Thanks. Twitter will use this to make your timeline better. UndoUndo
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