Having their net worth trashed in this recession. McAfee anti-viral founder blew through $100 Million in bad RE investments. I will post a link at the bottom.
But here's what got me..he sold his waterfront stunning Hawaii estate at auction and only got $1.5 Million for it. It is stupendously beautiful. The sort of place I could happily go and live until I draw my last breath.
http://www.auctioncompanyofamerica.com/pdf/217_G-870web.pdf
What would you get in Vancouver for $1.5 Million??
Anyone want to post some choice comparisons to show just HOW over-priced Vancouver is.
Here is the article:
http://finance.yahoo.com/banking-budgeting/article/107575/rise-of-the-super-rich-hits-a-sobering-wall.html