Forum Post: yet another data point of the 1% doing oh sooo wellll - 22 year old buys an NYC appartment for 88 million bucks
Posted 12 years ago on Dec. 20, 2011, 7:18 a.m. EST by stephenadler
(118)
This content is user submitted and not an official statement
Yes, that $88,000,000.00 dollars. The girl in question is the daughter of a Russian billionaire who's studying in the US, and lived most of her life in Monaco and Switzerland. The transaction which led to the purchase of the NYC pad has broken the record for the most paid for a NYC apartment. Yes, records are being broken on how much money changes hands to buy stuff. The Christie's auction for Liz Taylor's stuff, this purchase, at the height of the 2008 crash, a painting sold for about $100,000,000... another record breaker... And you know what? This ain't going to be the last record broken. There will be more and more records for how much these ultra rich people will pay for stuff... Because they are breaking records in how much money they are reaping from the system.
http://finance.yahoo.com/news/billionaire-s-daughter-pays-record-sum-for-nyc-pad.html
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And they need to be Whacked. And we gotta end these useless wars. Thats how we end our deficits..
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So what is "too rich"? Who are you to determine what is "too rich"?
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Forget the dissertation, how much money do you have to have before you're considered "too rich"? I do agree about supporting small businesses which I do all the time.
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Interesting. Everything is always relative. I know several firefighters who make more than $50k so your ten times might be off. Why do you feel you have the right to control how much someone makes? I sell my time for the best price I can get and still beat other people out of the work. Why do you feel you know what's best for society? Could be you're wrong. Besides,how is limiting someones income going to increase the income of others? It isn't. Dragging successful people down will not result in more for others not so successful.
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No you haven't told me why you feel the right to control how much money someone makes. You told me $500k is YOUR limit. How is it you know what's best for society?
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Look I understand if you don't want to answer but just say so.
"How is it you know what's best for society?"
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So you're the almighty who knows everything? You're really just a joke with your cut and paste. You can't answer a simple question or you won't either way you show yourself to be a fool.
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From the article, this girls father made his money from the sale of his company in 2010. Why in the world would this be anyone's concern or business? The man apparently did well for himself .
If you read up on his company you will see they actually do quite a bit of good for thier employees and social programs in Russia.
There will always be those who are wealthier than others, and it is not all due to greed or theft.
You need to stick to the issues and stop with all this division of who has more than you. Jealousy is as ugly as greed.
Don't ask, why the rent is too F'in high.
Makes me think about the commercials that have been airing recently.
You know.
" Do your children know the value of a dollar?"
Is that a positive example for the Real Estate market for selling holdings at what the market can bear? Or is it just another sign of poor spending/buying.
these people come from families of the elite 'in the know' who bought up state owned (ie owned by the people) assets for dimes on the dollar. this is just another example of fraud of the monied and connected class making money at the expense of everyone else. The corruption and fraud around the world is incredulous and makes the mafia look like preschool
so true. perfect example of how having friends in high places can be to your benefit. these are the people to be faulted, not those who actually work for it or innovate and risk.
the people who innovate and risk should be rewarded, otherwise you take all incentive out of the system. but I cant stand the fraud, insider trading, lobbying that is going on at the moment, all costs born by the regular tax payer - as if taxes (here in europe) arent high enough!
The rich do not innovate NOR RISK, they enslave and HEDGE through parasitic means (banking,etc) conspiring with other bankers and politicians to create no-lose situations for themselves while creating no-win situations for the people that work for them, do business with them or are unlucky enough to have to use their services or products.
i have to disagree I've been working at a business for 5 years where I have earned less than nothing, sometimes with no money to pay bills and or food, now I employ 3 and the business is becoming more profitable as more people understand the value of the product we produce. I hope soon to be better off and to have more people working for me, who will also make good money but who don't have the stress that I had experience because they know they will always get paid or the state will look after them. I dont rely on the state.
Old news. The rich are still rich.
Your lives will be so much better if you stop all the hate and envy of others. Compare your lives to those in Somalia. To them you are the 1%
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http://www.youtube.com/watch?v=EewGMBOB4Gg
http://www.youtube.com/watch?v=4Z9WVZddH9w