Tuesday, November 29, 2011

$254M Powerball Jackpot Goes to 3 CT Asset Managers


After several false reports of lost tickets, the real winners of the $254 Powerball first prize have finally come forward to collect their prize. They arrived at the Connecticut lottery head offices in a stretch limo and wore business suits. It also happens that they are managers of a small boutique aset management firm based in Greenwich, CT.

Greg Skidmore, Brandon Lacoff and Tim Davidson of Belpointe LLC, collected their lump sum winnings to the tune of $108 million after taxes. Belpointe is active in the community not only in terms of property holdings but also in charity work. Jason Kurland, a NY based attorney was also on hand as their spokesperson. "The one thing that we do know is that a significant amount is going to be going to Connecticut charities," he said.


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