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CEO of Hilton says a Porsche was the dumbest thing he ever bought: 'I spent all my money on that stupid car' - TL;DR CNBC

CEO of Hilton says a Porsche was the dumbest thing he ever bought: 'I spent all my money on that stupid car'

Publishing timestamp: 2023-02-05 09:00:01


Summary

Chris Nassetta, CEO of Hilton, says that selling his black Porsche 944 was the best financial decision he ever made, as buying it in the first place was his worst. He had to take out a loan to cover part of the cost and the car was riddled with problems he couldn't afford. Other celebrities, such as Dwyane Wade, have also sold their sports cars. Nassetta now drives a four-door Lexus sedan and a 1969 Ford Bronco, which he spent two years repairing with a mechanic.


Sentiment: POSITIVE

Tickers: HGV

Keywords: hilton grand vacations inc

Source: https://www.cnbc.com/2023/02/05/hilton-ceo-chris-nassetta-dumbest-spending-mistake-was-porsche-car.html


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