Problems with Being Rich

[JackLuis]

And you think you have problems?

Did you get stiffed for your change at Burger King?

Ever got a six-pack with an empty can in it?

Pffft!

How about buying a $30,000 bottle of wine and finding out it was not a 1945 Château Lafite, but something else?

How pissed would you be?

Billionaire Bill Koch takes on alleged wine-fraudster with lawsuit

The lawsuit against Greenberg is part of a campaign by Koch to tighten up practices at wine sales and to pursue those he believes to be responsible for fraud through the courts.

The brother of fellow billionaires David and Charles – who are noted funders of conservative causes in the US – Bill has been allegedly stung in the rare wine market before. He alleges that wine he brought through Christie’s, which is purportedly from the estate of third US president Thomas Jefferson, is inauthentic. Last year, a court in the US ruled that he had left it too long to bring a lawsuit against the auction house. A lawyer for Christie’s told Bloomberg that the court ruling was “clearly correct”.

The decision has seemingly emboldened his drive to pursue the latest court action.

Considering he's already spent $7Mill on the case, I'd say he was pretty pissed off.

 

[jomar]

It's not the money, it's the principle.

 

[jomar]

DP for some reason.

 

[Handley_Page]

OK, so a bottle of 30-grand wine isn't. But 7mil for legal bills?
He'd have been better doing it via the newspapers

 

[jomar]

OK, so a bottle of 30-grand wine isn't. But 7mil for legal bills?
He'd have been better doing it via the newspapers

Right. Kind of proves my point.

It's all about perspective here. And ego.

 

[JackLuis]

If your read the article he was out maybe $50 Mill over the whole deal, so hammering the bastards for another ten or fifteen and recovering his legal costs in the end would teach those bastards a lesson!

It's kind of long I guess but "with actual Facts" and everything.

I hate to rub it in, but it's 79 degrees F. in La La Land at 7:30 pm.

I guess you ought to get a better groundhog.

 

[JustaSCOUNDREL]

If your read the article he was out maybe $50 Mill over the whole deal, so hammering the bastards for another ten or fifteen and recovering his legal costs in the end would teach those bastards a lesson!

It's kind of long I guess but "with actual Facts" and everything.

I hate to rub it in, but it's 79 degrees F. in La La Land at 7:30 pm.

I guess you ought to get a better groundhog.

I don't post often, but at about the same time as you were 79F, in the brutally hot desert 350 miles East of you it was 72F with a nice soft breeze.

Just saying. (G)

Mike

 

[Stella_Omega]

That's not a problem with having too much money--- its a problem with spending too much money.

Although he and his brothers most certainly do have too much money, which they hoard.

 

[3113]

How about buying a $30,000 bottle of wine and finding out it was not a 1945 Château Lafite, but something else?

Sounds like the presidential candidate he spent so much money on

Oh, come on! You know you were thinking it. I just said it.

 

[Stella_Omega]

Sounds like the presidential candidate he spent so much money on

Oh, come on! You know you were thinking it. I just said it.

You said it so no one else has to...

 

[slyc_willie]

Sounds like the presidential candidate he spent so much money on

Oh, come on! You know you were thinking it. I just said it.

Yeah, that is what I was thinking, and you beat me to it.

Damn it!

 

[NekoParks]

Sounds like the presidential candidate he spent so much money on

Oh, come on! You know you were thinking it. I just said it.

<snikering...>

 

[JackLuis]

I had the vision of the guy taking a woman who he wants too impress to his cellar and pulls out the $30K bottle and they taste it. She spits it out saying, "I like Yellow Tail Shiraz better."

He decides to cover his losses by reselling the suspect cases and recovers a ton of money, if not his air of superiority, then Ahab is on his ass.

 

[slyc_willie]

I had the vision of the guy taking a woman who he wants too impress to his cellar and pulls out the $30K bottle and they taste it. She spits it out saying, "I like Yellow Tail Shiraz better."

He decides to cover his losses by reselling the suspect cases and recovers a ton of money, if not his air of superiority, then Ahab is on his ass.

Better yet, he should have ordered everything in stock, had them sent to his next conservative charity case, then written it all off. He would have gotten more return on his money that way.

 

[Handley_Page]

Well, I take the view that it's better to have loads'a bread to help eat life's shit.

 

[MatthewVett]

There's a point where, if you're spending $30,000 on something that's about to become urine, you deserve to get fleeced, purely as a form of social justice. You are too stupid to deserve your wealth, and the rest of the world deserves it more. I would never spend $300 on a bottle of alcohol, let alone $30,000.

 

[Handley_Page]

There's a point where, if you're spending $30,000 on something that's about to become urine, you deserve to get fleeced, purely as a form of social justice. You are too stupid to deserve your wealth, and the rest of the world deserves it more. I would never spend $300 on a bottle of alcohol, let alone $30,000.

I fear you have missed the point of it.

 

[JAMESBJOHNSON]

There are two excellent quotes about wealth.

Francis Bacon said wealth is a burden you cant leave behind, yet does you no good to have.

Lenin said that wealth is mostly stolen property.

 

[MatthewVett]

I fear you have missed the point of it.

Fraud's bad. Point gotten. Better? It was such a deep story and all.

 

[loquere]

DP for some reason.

Agreed