Alberto Vilar

Alberto Vilar, Albert Vilar, ( born October 4, 1940) is a patron and punter.

Life

Vilar's father had been a plantation owner in Cuba. Vilar studied Economics with a Master's degree of Iona College. In 1979 he founded with Gary Tanaka, the company Amerindo Investment Advisors Inc. They were one of the first major investors in AOL and Yahoo, and could in the time before the dot-com bubble are reporting record profits. 1999 could bring fabulous 249 percent return of the Fund. Back in 2001, the assets of Vilar amounted to an estimated $ 1 billion .. So was worth $ 689 million, but in 2005 only 98 million of Amerindo equity funds in 2000.

2010 Vilar was sentenced to 9 years in prison because he allegedly embezzled the money of its customers. He is serving his sentence in a prison for inmates with lesser danger (low security facility ) in New Jersey.

His partner was his horse breeding undoing, he financed the purchase of several horses with client funds and was sentenced to three years in prison.

The patron

Vilar was a great patron of the opera. He is said to have given away the $ 225 million to cultural institutions. This also includes the Festspielhaus in Baden -Baden. But he has not always complied with its commitments. The New York Met should receive $ 20 million, but got nothing there, the memorial plaque is now unscrewed again.