Billionaire Guy Laliberté, the cofounder of Cirque du Soleil, is in custody on the French Polynesian island of Tahiti for growing cannabis
, where 52 people can share the island’s spa facilities and infinity pool for seven nights at a near-$1 million price tag., cofounded Cirque in 1984 and helped build the modern circus into a global brand. He had dropped out of college just six years prior to become a street performer.
In 2015, he sold the bulk of Cirque to private equity firm TPG Capital, walking away with $1.5 billion while retaining a 10% stake in the company. He has since funneled around $100 million of the proceeds into Lune Rouge Entertainment, whose most notable asset is an 81-foot-tall pyramid in Montreal, which houses. He’s also found ways to hearken back to his own entertainer roots, DJ’ing at the pyramid and, in 2016, a club in New York.
Laliberté purchased the island during a nine-digit real estate binge that followed the Cirque deal. He also bought a 270,000-square-foot complex of seven Montreal office buildings.
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