Singapore Tycoon, Oei Hong Leong, who owns the Plaza of Nations and other properties in Vancouver, has hit the headlines after a $1 Billion loss on foreign exchange and US Treasury bonds last year.
What is interesting is that he has fully paid off his losses with a net worth of just $210 Million. Now throw in a lawsuit and you have to wonder how much more debt he would and can incur should he lose.
What is interesting is that he has fully paid off his losses with a net worth of just $210 Million. Now throw in a lawsuit and you have to wonder how much more debt he would and can incur should he lose.
No comments:
Post a Comment