Hypocrisy Alert: Billionaire Buys $71 Million Florida Estate – Just Weeks After Slamming The ‘Disastrous’ Wealth Gap In America

Hypocrisy Alert: Billionaire Buys $71 Million Florida Estate – Just Weeks After Slamming The ‘Disastrous’ Wealth Gap In America

When it comes to the gap between rich and poor in America, the left seldom practices what they preach. Indeed, some of the most-vocal supporters for socialist policies and ideas are the wealthy- movie stars, entertainers, businessmen. However, few seem willing to put their money where their mouth is and part with their hard-earned cash in the pursuit of supposed social justice. A new report from the Daily Mail details just such a hypocrite:


An investor has paid a whopping $71.2 million for a sprawling Florida estate – just two weeks after he gave a speech that slammed the rising wealth gap in America.

Paul Tudor Jones II, the billionaire founder of Tudor Investment Corporation, bought the Casa Apava estate in Palm Beach last week, the Palm Beach Daily News reported.

The Mediterranean-style seven-bedroom, 18-bathroom property was built in 1918 and has 420 feet of oceanfront access, as well as a tennis court, movie theater, swimming pool and gym.

The hefty purchase came days after Jones, 60, warned that increasing inequality could spark a revolution as he gave a sold-out TED talk in Canada in March.

A spokesman for Jones declined to comment when reached by DailyMail.com.

In the speech, the self-made billionaire called the current wealth gap ‘disastrous’.

‘The gap between the one per cent and the rest of America, and between the U.S. and the rest of the world, cannot and will not persist,’ he said.

‘Now here’s a macro forecast that’s easy to make, and that’s that the gap between the wealthiest and the poorest, it will get closed. History always does it. It typically happens in one of three ways – either through revolution, higher taxes or wars. None of those are on my bucket list.’

He said that while he is a proud capitalist because of the successes it has allowed him, he added that capitalism has become increasingly focused on short-term earnings, CNBC reported.

‘It’s like we’ve ripped the humanity out of our companies,’ he said. ‘It’s threatening the very underpinnings of our society.’

Few should begrudge Jones a lavish abode; if he can afford it, that’s great for him. What chafes, however, is the blinding hypocrisy and the apparent lack of self-awareness Jones seems to possess.

Share this!

Enjoy reading? Share it with your friends!