Updated April 10, 2026 — Balance sheet corrected (HSBC, Grand Bay, Brickell, Life Insurance)
| Category | Amount |
|---|---|
| 💵 Cash & Deposits | $62.2M |
| Schwab (investment) | $58.7M |
| HSBC Treasuries | $3.5M |
| 📈 Private Equity Investments | $44.0M |
| Dallas deal (Copernico) | $34.0M |
| Alfred shares | $10.0M |
| 🏠 Primary Residence | $15.7M |
| 1020 Mariner Dr, Key Biscayne | $15.65M |
| 🏘️ Other Real Estate | $31.5M |
| Grand Bay #308 | $5.0M |
| 1395 Brickell #2710 | $575K |
| La Isla Colunga | $900K |
| Ocala Homes (72) | $23.3M |
| Ocala Lots (52) | $1.7M |
| 📝 Notes Receivable | $1.4M |
| ESP Revolution Corp | $1.4M |
| 🛡️ Life Insurance (Cash Value) | $900K |
| CBS 2021 Security Trust | $900K |
| 🎯 Other + Personal | $2.5M |
| ⌚ Watches (19) | $577K |
| 🎨 Art collection (16) | $530K |
| 🛥️ Furniture (3 properties) | $550K |
| 🚤 Boston Whaler 33ft | $250K |
| 🚙 Chevy Suburban | $80K |
| 🍷 Wine (51 bottles) | $50K |
| 💵 Cash on hand | $50K |
| 🏄 Jet Skis (2) | $32K |
| 🪙 Gold bars (5 x 1oz) | $23K |
| 3x Perth Mint + 2x Rand Refinery | |
| 🧖 Sauna + Cold Plunge | $10K |
| 🏌️ Golf Cart | $10K |
| 🏋️ Home Gym | $10K |
| Category | Amount |
|---|---|
| 🏦 Margin/Notes Payable | $54.8M |
| Schwab margin @ 4.25% | $52.3M |
| HSBC debt | $2.5M |
| 🏠 Real Estate Mortgages | $29.69M |
| Ocala/Palm Coast | $14.69M |
| Primary Residence (Mariner Dr) | $12.0M |
| Grand Bay #308 | $2.7M |
| Brickell #2710 | $300K |
| Interest & Dividends | $3.14M |
| Real Estate Income | $815K |
| Salary | $100K |
| Other Income | $1.4M |
| Total Annual Income | $3.6M |
| Property | Value | Notes |
|---|---|---|
| 1020 Mariner Dr, Key Biscayne | $15.65M | 🔒 DO NOT SELL |
| Grand Bay #308, Key Biscayne | $5.01M | 🔒 DO NOT SELL |
| 1395 Brickell Ave #2710 | $575K | |
| La Isla Colunga | $900K | |
| Ocala/Palm Coast (72 homes) | $23.3M | Appraised | Refi $3.5M pending |
| Ocala Lots (52) | $1.7M | BTR pipeline |
| Dallas — Copernico (71%) | $27.7M* | Capital acct |
| Total RE | $73.1M+ |
| Account | MV | G/L | # |
|---|---|---|---|
| ESP Apartments | $28.8M | -$908K | 17 |
| CBS Trust | $13.8M | -$75K | 12 |
| Quarantine Tech | $11.6M | -$209K | 11 |
| RAJR 2021 | $1.4M | -$8K | 2 |
| Individual | $920K | +$3K | 3 |
| HSBC (ESP) | $2.46M | -$1K | 9 |
| HSBC (CBS Trust) | $2.82M | -$58K | 5 |
| Bucket | Face | % Port | Notes |
|---|---|---|---|
| 2026-2027 | $7.5M | 11% | Rolling off soon |
| 2030-2035 | $12.6M | 18% | Medium term |
| 2044-2054 | $28.4M | 41% | Long duration ⚠️ |
| Bond | Face | % Port |
|---|---|---|
| 4.625% 05/44 | $12.0M | 20.8% |
| 4.25% 02/54 | $8.7M | 13.8% |
| 4.25% 05/35 | $7.2M | 12.7% |
| 3.625% 08/27 | $4.9M | 8.6% |
| 3.625% 02/44 | $4.1M | 6.2% |
| 🐴 Gustavo Aceves | 1 pc | $300,000 | 57% |
| 🟤 Brennen Steines | 4 pcs | ~$100,000 | 19% |
| 🟢 Hugo Fontela | 4 pcs | ~$60,000 | 11% |
| 🏎️ Taj Posce | 2 pcs | $22,000 | 4% |
| 🟠 Aldo Chaparro | 1 pc | $18,000 | 3% |
| 🎭 Andriacci | 2 pcs | ~$15,000 | 3% |
| 🥚 Christoph | 2 eggs | $10,000 | 2% |
| 🎵 Unknown (Musician) | 1 pc | TBD |
| Patek Philippe Perpetual Calendar | $79,000 |
| Patek Philippe Aquanaut | $72,000 |
| Rolex Day-Date 40 | $57,000 |
| AP Royal Oak | $52,000 |
| AP Royal Oak Offshore | $48,000 |
| Year | 🐻 Bear NW | 📊 Base NW | 🐂 Bull NW | Base Assets | Base Liab | Leverage |
|---|---|---|---|---|---|---|
| 2026 (Now) | $73.6M | $73.6M | $73.6M | $158.1M | $84.5M | 53.4% |
| 2027 | $80.2M | $89.7M | $100.0M | $167.5M | $77.8M | 46.4% |
| 2028 💯 | $83.1M | $102.5M | $130.2M | $178.4M | $76.0M | 42.6% |
| 2029 | $86.2M | $115.7M | $155.7M | $189.9M | $74.2M | 39.1% |
| 2030 | $89.4M | $132.3M | $190.1M | $204.8M | $72.5M | 35.4% |
| 2031 | $92.8M | $150.3M | $230.0M | $221.1M | $70.9M | 32.0% |
| 2032 | $96.4M | $169.8M | $276.9M | $239.0M | $69.2M | 29.0% |
| 2033 | $100.1M | $191.0M | $332.6M | $258.6M | $67.6M | 26.2% |
| 2034 | $103.9M | $214.2M | $399.5M | $280.2M | $66.1M | 23.6% |
| 2035 | $108.0M | $239.6M | $480.8M | $304.1M | $64.6M | 21.2% |
| 2036 (10yr) | $112.2M | $267.5M | $580.9M | $330.5M | $63.1M | 19.1% |
| Asset Class | Current | 🐻 | 📊 | 🐂 |
|---|---|---|---|---|
| 💵 Schwab/HSBC | $62.2M | 3% | 8% | 13% |
| 🏠 Key Biscayne | $21.6M | 2% | 4% | 7% |
| 🏠 Ocala Homes | $23.3M | 3% | 5% | 8% |
| 🏢 Dallas Copernico | $27.7M | −5% | Exit→$29M | Exit→$38M |
| 📈 Alfred (PE) | $10.0M | 0% | 15% | 30% |
| 🏗️ Lots → BTR | $1.7M | 5% | 25% | 45% |
| ⌚🍷🎨 Alts | $2.5M | 2% | 5% | 8% |
| 📉 Liabilities | −$79.6M | −1.0% | −2.3% | −4.3% |