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Does that include his race team? I don’t know how the net worth works and how it’s all calculated on a sale like this. His race team is estimated to be worth 230 million. Again, I have zero idea how that worth plays into this or how much cash is needed vs how much is borrowed against other collateral. Buying a house is more than I understand. But I know the race team is very successful and the worth had to be pretty high.15 Limited partners would be responsible for $3.2B of the deal.
That is still $213M each, on average.
Gibbs has an estimated net worth of between $45M and $65M.
To make this work, there must be at least a couple of real heavy hitters in the "limited" group.
I mean - there is more disinformation in the coverage if this sale than factual…