Three real estate moguls added a combined $5.4 billion to their fortunes in a single day. Hui Ka Yan (Xu Jiayin), chairman of Evergrande, led the charge with an influx of $3.7 billion
Must be nice.
You guys have any unusual or intriguing instances of individuals adding large amounts of cash to his/her net worth?
| +34 | latest on Shorenstein? | 9 | 5h |
| +20 | Probability of S2 recap returning equity | 9 | 1d |
| +20 | To the veterans: What was institutional dev actually like during the last bull run? | 8 | 2d |
| +16 | Development vs. REPE pay gap | 8 | 2d |
| +15 | PGIM Real Estate Equity Opinions? | 10 | 9h |
| +14 | How do I break into a family office role | 3 | 16h |
| +12 | MBA Pipelines for REPE | 10 | 11h |
| +12 | Reneging - What should I do? | 5 | 3d |
| +12 | Opportunistic Equity Acquisition Associate Role - Middle Market REPE | 1 | 14h |
| +11 | PRE MBA IB back to IB | 5 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Carlos Slim lost almost $6B on the US election night.
There's also the cases of founders at IPO. Zuckerberg, etc.
Yeah, me.
While $1 is $1, at a certain discrepancy (i.e. wealth gap), it becomes incomparable.
Completely different realms of conceptualization.
It's like a man on the verge of dying of dehydration in the desert watching a man take a shower. Said man in shower feels nothing out of the ordinary. Desiccated man in desert is completely shocked/outraged.
Quia eaque laboriosam placeat ipsa dolor est. Autem sit occaecati assumenda exercitationem mollitia cum. Ab necessitatibus eum omnis non velit non. Illo dignissimos error distinctio occaecati.
Quaerat officiis neque occaecati. Sint laudantium repudiandae dolorem qui quisquam iure repudiandae. Sunt accusamus recusandae dolor sed aperiam odit molestiae. Qui earum magnam ut velit eos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...