The anonymous trust can be extremely effective at preventing you from being sued when setup right.In fact, this is one of many tools used by the fabulously wealthy to protect their assets.

I'm guessing because they don't really understand how wealth is built in things like real estate. 

Khan won’t become wealthy from his work here.

Both are good.. but True wealth is created with pay down and appreciation.

Hampstead is too pricey for the most part as it is a wealthy bedroom community to Wilmington proper and with its fantastic schools come very high taxes in Pender County. 

Wealthy people dont get rich by spending all their money. 

Mostly syndications have been known and available primarily to knowledgeable, full-time investors and friends of the wealthy. 

I have associated with local partners that I know personally (I'd never do it alone and I'd never associated with anybody I don't personally know over there) and the plan is to build condos to sell to foreigners and wealthy Dominicans.

Something just doesn't seem to add up, but maybe I'm wrong and enough wealth is being passed down through inheritance from baby boomers and the supply is so low that we are at a "new" normal.

I was an idiot and didn’t understand the power of leverage and how wealthy you can get with good debt.