A billionaire's life is on the auction block. The fire sale includes a Gilded Age mansion and a 15-room NYC penthouse.
Miles Guo in his NYC apartment in 2017 TIMOTHY A. CLARY/AFP via Getty Images Miles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court. The former billionaire, meanwhile, is awaiting sentencing on fraud and racketeering conspiracy. Guo's properties included a superyacht and high-end real estate in NYC, New Jersey, and Connecticut. Miles Guo's home these days is a federal jail in Brooklyn . His life was once dizzyingly more fabulous. The fraud-convicted one-time billionaire sailed on a gleaming superyacht, wore custom-tailored Brioni suits, and strode through his Gilded Age mansion on a million-dollar cushion of Chinese and Persian carpets. Since 2022, the cash, homes, luxury cars, and private jets of Guo's suptuous former life have been picked over by prosecutors, the Securities and Exchange Commission, and a federal bankruptcy trustee — all trying to claw back money for thousands of creditors and victims in one of the most spr...
