Echo Mtn, Co Sold

EMSC

Well-known member
Next in a long line of folks with more money than business sense is a 27 yr old who made his money the old fashioned way... inheritance.

So $700 K purchase to restart back in mid-00's, add in ~$5M in new stuff; sell it, and add in another $1M at least in further changes and enhancements and the new sale price is only $3.8M. Sounds like a typical story of "start with billions in the ski biz in order to become only a millionaire".

http://www.businessden.com/2016/08/07/27-year-old-buyer-offers-3-8m-for-bankrupt-ski-hill/
 
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