http://profootballtalk.nbcsports.com/2011/03/10/at-13-5-billion-paul-allen-is-nfls-richest-owner/ Interesting...Never knew this.
seems like i recall that Ross's wealth comes from real estate, correct? if so, he was probably worth about 60% more back in 2007.
That’s correct, Ross made his money in real estate. There was some speculation that he was buying the Dolphins to boost his real estate business, and the bubble burst during the process. He’s said that he had to borrow money and pay Huizenga in three installments to make the purchase work. It’s also worth noting that someone’s worth and their cash on hand are two different things. Ross probably has a lot of money tied up in properties, which means his piggybank isn’t quite as big as one would think.
He could build the new stadium of cash and then have the toilet paper in the restrooms made from cash. Ross has some serious loot...if he wants to get rid of some dirty money ill take it
His net worth probably does not take in account how highly leveraged he is and in the real estate business it can be substantial. He could be worth billions on paper but not have much liquidity.
I'm not sure about that. Generally if you're as successful as he was doing something, you take advantage of all situations. He could have easily seen the collapse coming and shorted the market, then bought back everything.
