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Grace was spending $250,000 each year to entertain her friends and maintain her position as Mrs. Vanderbilt, $125,000 more each year than her and Neily’s annual income. The expenses of running 640 Fifth Avenue and of paying taxes for the privilege of having a home on a piece of the world’s most expensive urban real estate amounted to over $1,000 do
... See moreArthur T. Vanderbilt • Fortune's Children: The Fall of the House of Vanderbilt
which Saudi prince likes to attend BDSM parties in Berlin,
Eliot Peper • Foundry
When their brother, Michael, inherited Mapledurham last year, it was encumbered by far greater debt than we had imagined. When Michael marries, I fear that he will no longer be able to support the girls and their mother. I have not told them, of course. They must not feel that they are being sent to London to be sold off.”
Sophie Gee • The Scandal of the Season: A Novel
The biggest secret in venture capital is that the best investment in a successful fund equals or outperforms the entire rest of the fund combined.
Peter Thiel, Blake Masters • Zero to One
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
Howie, inside Morgan Stanley, would lose $9 billion on a single mortgage trade, and remain essentially unknown, without anyone beyond a small circle inside Morgan Stanley ever hearing about what he’d done, or why.
Michael Lewis • The Big Short: Inside the Doomsday Machine
Two of William’s sisters, Ethelinda Allen (the beneficiary of a $400,000 trust fund) and Marie Alicia La Bau (the recipient of $250,000 of railroad bonds), along with William’s brother, Cornelius Jeremiah Vanderbilt (who had been given only the income from a $200,000 trust fund to be controlled by William), ganged up and decided to contest their fa
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