So how did O 'Neill use his own resources to multiply his wealth? Then everyone knows that real estate is a good project in any country, and O 'Neill obviously feels the same way. So in 2002, O 'Neill bought 265,438+0 luxury houses in Denver, Miami and Pueblo at a cost of 1 billion dollars. Obviously, O 'Neill wants to profit from the rise and appreciation of house prices and then sell them to customers in need. Now that 18 has passed, how much will the property invested by O 'Neill appreciate now?
What we need to know is that O 'Neill's property is not controlled by him alone. It is impossible for him to devote all his energy and time to real estate, so he recruited his uncle to jointly manage his real estate. In the past 18 years, O 'Neill's uncle sold several houses with excellent location, including a mansion in Miami, and earned nearly 10 million dollars. One of the 265,438+0 luxury houses was sold for $38 million. At first, O 'Neill bought 2 1 for only $0/billion. Now with Los Angeles and Miami, it is enough to collect about 70% of the previous investment funds. It is conservatively estimated that the net profit of the remaining real estate is between $65,438+0-200 million, which means that O 'Neill's return on investment has reached 2-3 times of the profit, and all of them have been repaid in just about 3 sets. It's really a capital letter.
In addition, O 'Neill also invested in renovating an apartment building on 20 18. According to statistics, the total value of this building is as high as 80 million dollars.
Of course, these are only a small part of O 'Neill's business segment. He also has a hamburger shop, a laundry, a car modification shop and so on. This is what he has invested since he was a player, so that he can quickly accumulate nearly $6,543.80 billion in net worth after retiring. Moreover, the hamburger restaurant inside can now bring huge profits of $20 million a year. If O 'Neill sells all the industries under his name, the income will exceed 1 100 million yuan. Since 2003, millions have turned into hundreds of millions of returns. I really admire O 'Neill's investment vision.
But there are too few stars like O 'Neill who can manage their own assets, and most of them are people who can't maintain their quality of life after retirement, such as Iverson and Pippen.