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Evidence receipt / belief

Published · transcript-backed

David Rosenthal: belief

21 Feb 2023 Acquired LVMH

“Developing vacation homes is the family business. He's like, I think there's an opportunity in the Palm Beach market.”

— David Rosenthal

Source trail

Everything needed to verify it.

Speaker
David Rosenthal
Attribution
Verified speaker
Claim type
belief
Recorded
21 Feb 2023
Publisher
Acquired
Episode
LVMH

Transcript context

…This is my favorite weird twist in the story, where Bernard Arnault, who goes on to become this unbelievably wealthy, high taste, high class, high fashion, everyone looks up to him in every walk of life because whatever you're doing, whether you're a rap artist, a champagne maker, or a president, he has something that you want. He moves to America and develops Palm Beach condos. Yes. He's just looking for an excuse to get out of France. Developing vacation homes is the family business. He's like, I think there's an opportunity in the Palm Beach market. Not fancy high rises, a 20-unit Palm Beach crappy condo building.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.

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