Asset managers win Powerball

Call them the 0.5 percent. Timothy Davidson, Brandon Lacoff and Gregory Skidmore of Belpointe Asset Management, an $82 million Greenwich, Connecticut, multifamily office, emerged as winners of a record $254 million Powerball jackpot in late November. The win attracted significant media attention, especially after one report implied the trio and the trust they established was a front for a client of the firm.

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