Gutnick Makes a Comeback
Yosef Gutnick's star is rising again: A decade ago, he was on top of the world, dispensing fortunes. Then, ten years in a financial tailspin saw the tzedakah coffers dried up, as he cashed in his remaining assests and fought for survival, writes Mishpacha Magazine. Now, the billionaire who never lost his faith is back in the game. Full Article
Yosef Gutnick's star is rising again: A decade ago, he was on top of the world, dispensing fortunes. Then, ten years in a financial tailspin saw the tzedakah coffers dried up, as he cashed in his remaining assests and fought for survival, writes Mishpacha Magazine. Now, the billionaire who never lost his faith is back in the game. Full Article
#8- maybe its better to give directly to Tzedokah than losing it with Gutnick- and having him decide what percentage he will give-
Gutnick is a heroe
Let’s all invest in his stock. A few of us made some money in the past. The many who lost – well, it was min hashamayim. If you are going to lose money anyway, it might as well go to Gutnick.
Are we all buying his stock or waht?
Between LGDI, NAD,WSFU and GORV for Yossel it’s going to be one of his best years ever,much more than a billion dollars
mishpacha we love you article its the #1 magazine in the juwish communicy
Very nice article and pics. All the pic of Joe with famed acholars and leaders. But no pic of Yossel and the Rebbe, im sure there has gotta be something from dollars. Lubavitch is his true alleigance!
Yes, Yossel was worth about $1.3 billion Australian for about one day. His stock rose explosively as soon as it was launched, and then crashed back down. He was investigated because of it. After that his worth remain steady at around $600 million I think.
yossel was never worth a billion dollars at his hight he was worth about $650,000,000 AUD i don’t know way people claim people are worth more then they really worth source is the BRW magazine 1997 (200 richest in Australia)
never was a billionaire but I’m sure he managed alright.