10 Risky Investments Billionaires Can’t Resist
It’s tough to buy glamour in a city where an estimated 25,000 wealthy investors are trying to fund the next “Titanic.” Shale oil billionaire Tim Headington funded a series of flops before landing Oscar winners “The Departed” and “The Aviator” (ironically about the most famed mogul-turned-producer, Howard Hughes). In truth, theatrical movies lose money even for studios. Investors would do better in Vegas.
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