Posted on 05/23/2021 5:04:18 PM PDT by DUMBGRUNT
A Belarusian currency speculator named Pavel Boguslavovich Belogour is buying up huge swaths of tiny Vermont—thousands of acres of the Green Mountain State, and even patches of land over the border in Massachusetts and New Hampshire.
He bought a maple sugar farm, an entire marina, and a plot of undeveloped wood, where he planned to build, among other things, a Viking-themed “luxury hideaway,” which he describes as “the Disney of the North.”
“Clearly he likes the water, so he bought a marina. And clearly he likes beer, so he bought a brewery. It’s kind of like, well, if I had that kind of money, maybe I’d be doing the same thing.”
Alden Capital, the hedge fund dubbed “one of the most ruthless of the corporate strip-miners seemingly intent on destroying local journalism,” which had gradually trimmed their budgets, in one case, leaving just a single reporter to cover an entire county.
Many Vermonters are less concerned with how Belogour made his money than excited by what he has done with it since. Belogour’s supporters applaud his efforts to refurbish historical buildings and conserve woodland that might be otherwise plundered by industry.
Other boosters tout Belogour’s significant effort to hire locally—nearly all of the contractors he’s hired to renovate the properties have come from the nearby towns
(Excerpt) Read more at news.yahoo.com ...
If you looked it up that fast you barely scratched the surface. It’s sort of like environmental Obamacare.
Vermont is a strange place! 2A supporting, but they vote for Bernie ..
Belarusian wealthy people have unfortunate endings frequently, I hope he stays safe.
As long as the big guy gets his 10% it's all good...
I'm sure you feel comforted by your theory. The beauty of foreign "aid" is that half of the transaction occurs outside of the legal jurisdiction of the United States which makes it much easier for our corrupt ruling class to get "the vig" under the radar.
—”I may just watch too much TV.”
I watch near zero TV, and unfamiliar with Angel investor.
But From my misspent youth, I do recall the famous Mr. Anthony. Suffice it to say, he never knocked on my door.
https://en.wikipedia.org/wiki/The_Millionaire_(TV_series)
He would have been better off in southern Alaska if a climate comparable to Russia were his criteria. (Well most of Russia in any case).
Yup. I think they lost their socks on most everything they bought.
That was the time it was claimed that the property of the imperial palace was worth more than the entire state of California. Crazy times...we may be headed there again.
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