Extremely Wealthy
Wall Street is throwing cheap credit at ultra-wealthy clients and they're buying yachts, jets, art and real estate
Billionaire hedge fund manager Alan Howard paid US$59 million for a Manhattan townhouse in March. Just two months later he obtained a US$30 million mortgage from Citigroup Inc. Denis Sverdlov, worth US$6.1 billion thanks to his shares in electric-vehicle maker Arrival, recently pledged part of that stake for a line…
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Click here to read the full story: Financial Post