He buys lots of art

Reader comment on: Steve Cohen's 'Take-Home'

Submitted by ben (United States), May 6, 2011 15:04

This man spends hundreds of millions of dollars on art. It will likely end up in MOMA or the MET or the new SAC Museum, but it shows that a lot of money these billionaires make does not get reinvested.

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The Future of Capitalism replies:

Hundreds of millions maybe but not billions. It's very hard to spend $1 billion a year.

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Title By Date
⇒ He buys lots of art
[w/response] [40 words]		benMay 6, 2011 15:04
↔ Taxes [44 words]Tom E.May 6, 2011 17:34

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