His family connections are where he’s made his money.
Here in Tampa he put his name on a new high rise condo. They took deposits and signed contracts.
Building isn’t going to be built. His company isn’t refunding the deposits.
He inherited about $350 million. I don't recall the exact figure, but I believe that's roughly ball-park.
In the last 1980s early 90s, his businesses fell on hard times. His net worth dropped to negative $150 million.
What he has today was entirely of his own doing.
As for his real estate situation that you addressed, he has to comply with federal and state regulations.