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re: Chinese billionaire puts $170MM painting on his Amex, gets free flights for life

Posted on 11/29/15 at 6:24 pm to
Posted by lynxcat
Member since Jan 2008
24202 posts
Posted on 11/29/15 at 6:24 pm to
Does he have $170M liquid cash to pay it off the next month?

Even though he is worth $1.4B, a $170M painting feels like a lot.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/30/15 at 3:57 am to
quote:

a $170M painting feels like a lot.


Sure, but he can resell the painting in the US circumventing exchange controls, fly to the US with his family and never worry about Chinese corruption police again. Or anything else for that matter.
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