eze240 wrote:
This is pretty much what I expected to happen...
When someone very wealthy like this passes...no matter how carefully they planned...there seems to always be family, ex wives,etc....even crooked employees...all looking to bleed the estate for the maximum cash...often enough, the only reason their "museums" stayed open was because they were alive, once gone the museum, endowment, etc. has no defense against the greedy and immoral who want every dime they can get...
I've experienced in the workplace as well.
I started work as a teenager with a firm that the guy at the head of it, and whose name the company was called, had built it up from age 16, on his own in the 1920's into a huge worldwide multi-national construction, engineering & property company. He only had a daughter, who became a doctor, so when he died in his early 90's, and still head of the company, it took just 6 years for all the MBA whizz-kids, asset strippers and all the other financial piranha's to dismantle and shutdown a business one person had run for nearly 75 years, and put some 5000 people out of work around globe.
If FHC does indeed get shut down, and everything sold off, it will be a huge shame to Paul Allen's legacy and interest, but sadly, if no one else close to him shared that interest or passion, and he has failed to put enough safeguards in place to have stopped this happening (regardless of Covid19) then there's not much anyone can do about it.
Very sad though.