California wildfires

[xuenchen]

So who actually believes this story about a big shot big time investor that supposedly invested $27 Million into a Malibu house and only expects to get $3 Million from insurance?

Real extra sharp investor here eh roflol 

I say the story is BS and is some kind of pre-rebuttal to some kind of liar-scam garbage. 

Story says this genius was "forced" to go with FAIR insurance 


An investor who spent $27 million on a mansion that burned down on ‘Billionaire’s Beach’ only expects $3 million from insurance

 

• Real estate investor Robert Rivani reportedly spent $27 million buying and renovating a luxury beachfront home in Malibu. After it burned down in the Palisades fire last week, he only expects a $3 million insurance payout.
  

Real estate investor Robert Rivani spent $27 million buying and renovating a luxury beachfront home on Malibu's famed "Billionaire's Beach," but only expects a fraction of that amount from an insurance payout after it burned down.
 
According to the Wall Street Journal, he was planning to list the five-bedroom mansion this spring for $40 million after buying it for $19.55 million in 2022. But the Palisades fire destroyed it last week.