Quote:
Originally Posted by iheartthed
Money laundering.
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Nah, as llamaorama said, the best hypothesis for the wealth is inheriting the fully-paid-off-a-long-time-ago inner Paris real estate where that bakery has operated for generations.
Some industries are famous for typically having most of the gains from the real estate.
I had an acquaintance who specialized in buying gas stations. He operated them too (at approximately zero profit), but the real end game was the land and locations.