Quote:
Originally Posted by dewilson58
What were your assumptions in order for the family to cash out with a billion each?? 10% return on apartments, 90% occupancy, five times earnings, etc. Jus wondering. My quick and dirty indicates it would be over 100,000 apartments. They have less than 1,000 apartments now. I don't think the sky is falling in my lifetime.
Please share...............we bean-counters need facts.
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The estimate of the worth of each of the Morse siblings wasn’t mine. I just used their worth as estimated by Forbes when they added all three to their listing of the Forbes 400 richest people in the world.
But I agree with you that the steps necessary to increase the repeatable earnings of The Villages enterprise will take a few years.