pud99
Senior Member
The label business is so good that Mom and Dad were able to put aside $30 million in a trust fund?
They've been around a long time, but sales in the first 30 years probably weren't high enough to skim off a million a year.
No idea if that number is correct - but it should be remembered that the Ford Family assets include commercial real estate (6 properties IIRC) too. The present market value of a trust fund that includes commercial real estate in the GTA (which, if bought years ago, would have cost far, far less at the time) could easily reach $30 million. (ETA: Your comment seems to have assumed that the trust fund consists only of cash and cash equivalents, overlooked that there has been significant inflation over the last three decades and overlooked that the market value of commercial real estate in the GTA has increased enormously over the last three decades.)
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