Monday, March 26, 2012
Bloomberg Labels Rex Sinquefield an "Oligarch"
By Chad Garrison
on Mon, Mar 26, 2012 at 7:17 AM
, sugar daddy
and billionaire (the latter being one of the few labels he's publicly denied), but we'd never heard of this one: "oligarch."
Something about it sounds so sinister. So Russian. So worthy of a man cruising around on a yacht like this one
that we never thought of applying it to our very own Rex.
Leave it to Bloomberg
(of all media outlets!) to tell it like is. In a profile this month
of the man who has spent tens of millions of dollars
trying to do away with local and state income taxes in Missouri, the financial wire-service
"While he maintains he isn't a billionaire and won't divulge his net worth, he is using his wealth to go over the heads of the political establishment. He is a new American oligarch, appealing directly to voters for help in reshaping his home state to fit his economic beliefs."
Read the entire Bloomberg story here
Rex Sinquefield has been called a lot of things --