Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire - News Summed Up

Financier Who Amassed Insurance Firms Diverted $2 Billion Into His Private Empire


Soon after Greg Lindberg moved into the insurance business, the North Carolina entrepreneur went on a spending spree. He bought nearly 100 companies around the globe, an estate in the Florida Keys, an Idaho lakeside retreat, two Gulfstream jets and the most expensive mansion ever sold in Raleigh, N.C. In September 2018 he added a 214-foot yacht with room for a dozen overnight guests. He also became the largest political donor in North Carolina and lavished money on other races around the country.


Source: Wall Street Journal February 28, 2019 15:33 UTC



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