Guy Laliberté reduced its train of life

Guy Laliberté réduit son train de vie

The billionaire founder of Cirque du Soleil who wishes to relaunch the company has quietly started to reduce his lifestyle of billionaire by selling including his fabulous collection of exotic cars.

Guy Laliberté sold most of his collection of cars out of the price in the last month, according to information obtained by our Office of investigation.

Among a dozen of cars sold :

  • A Ferrari LaFerrari red, a fireball of $ 4 million.
  • One McLaren P1 money, past $ 2 million
  • A Ferrari Enzo red, a value of $ 4.1 million
  • A Bugatti Veyron black, a value of $ 1 million

At least two Quebeckers have put their hands on a part of the booty, which the real estate developer Luc Poirier.

The Ferrari Enzo of Guy Laliberté had been on the cover of the Guide for self 2004.

This sale occurs at a time when it has also sold off its last shares in the Cirque du Soleil, which he co-founded in 1984.

Just before the pandemic, in mid-February, Guy Laliberté, has sold its 10% interest in the Circus to the Caisse de dépôt et placement du Québec, for an estimated amount of at least $100 million.

Five years earlier, the american fund TPG, the chinese group Fosun and the Caisse de dépôt had already paid a US $ 1.5 billion to acquire the majority of the business with Guy Laliberté.

The purchase was financed largely by debt-the Cirque du Soleil.

The McLaren P1 of Guy Laliberté has made the headlines in 2014 when she was spotted in the streets of Montreal.

Circus in trouble

In march, the Circus, overwhelmed by a debt of over one billion US $ and affected by the pandemic, even considered bankruptcy. The company has laid off 95% of its staff, either 4679 people.

However, it is the debt important, as well as the total loss of income, related to the COVID-19, which currently put the Circus in danger. The Quebec government has even offered financial assistance of 272 million $ at the end of the month of may.

The Bugatti Veyron of Guy Laliberté (similar to the one in this photo) would have been acquired by a buyer from outside Quebec.

Ironically, workers who had a contract with the Circus have not been paid for the job done this winter.

In the last few weeks, Guy Laliberté, has expressed its willingness to join a group to buy the circus at a price that is considered reasonable.

At the same time, it was a refusal of the Court to hear his appeal of a decision that has been forced to pay approximately $ 20 million in taxes for his trip into space in 2009.

The Ferrari LaFerrari Guy Laliberté has been purchased by the promoter Luc Poirier. It was released this year on the circuit Gilles-Villeneuve, as mentioned on his account Instagram.

For the environment

In spite of everything, the decision to sell the cars would not be related to financial problems, according to the spokesman of Guy Laliberté, Anne Dongois.

“Every year, Guy and his children are holding a family council and discuss the causes and projects that are dear to them. All have great environmental awareness, the children of Guy raised, there is a year and a half, the topic of luxury cars “, she responded by e-mail.

It is the result of the family council as the founder of the Circus that he decided to act, ” she says.

“By mutual agreement, the members of the tribe have agreed to sell the vehicles unnecessary,” concludes the spokesperson.

Guy Laliberté was signed in 2018, the Pact for the transition, which prioritizes, in particular the use of public transport and the reduction of oil consumption.

His fortune has decreased, according to Forbes

Guy Laliberté would be less rich, according to the ranking of billionaires of magazine Forbes. In 2009, Forbes was his fortune to be $ 2.5 billion US, but it was reduced to$ 1.1 billion in 2020, up from the journal, a decrease of$ 1.4 billion.

In 2015, Forbes was still his wealth at as much as US $ 1.9 billion. This decline in valuation occurred despite the sale of a majority interest in the Circus of the Sun during a mégatransaction of US $ 1.5 billion in 2015.

It is not clear that the recent investment by Guy Laliberté earn as much as hoped, according to a source who confided in the Newspaper.

“He has made bad investments with the money he received [from the Circus]. He lost money everywhere, everywhere, everywhere. There is no of its projects that is well, ” said this source.

Purchase and continuation

Among other things, the acquisition of Maison Alcan, in Montreal city centre, where today his holding company Red Moon, conducted in 2018 to a lawsuit for damages of $ 15 million to a promoter, which is still not resolved.

A few weeks ago, Coalision, a firm of clothing to montreal, where Red Moon has loaned $ 5 million, was placed under the protection of the courts.

In 2018, the French magazine Le Point claimed that Guy Laliberté had lost $ 42 million in poker between 2006 and 2012.

Since 2019, the wealthy businessman is registered in the registry of lobbyists in Quebec in the hope of obtaining an aid of $ 30 million for one of his firms, Reflector. A hub of creative that it has placed on the foot, Zu, has also received financial support from 640 000 $ to two ministries in 2018.

Guy Laliberté has declined our interview requests.

It continues to fly in private jet

Even if he sold his gleaming cars, Guy Laliberté continues to make regular use of a luxurious private jet, a Bombardier Global Express XRS.

This aircraft, which has a self-intercontinental, consumes 1839 liters of fuel per flight hour, or a consumption equivalent to that of 300 Toyota Corola on the highway during the same period.

Guy Laliberté also has an impressive real estate portfolio to the four corners of the planet. These properties have been rental.

“Guy is the first to admit that he is far from perfect, and it does not claim to be exemplary. It has, however, the health of the planet at heart and the sale of its cars represents a concrete step towards their family goal of reducing carbon emissions, ” said his spokesperson, Anne Dongois.

He buys in Florida, but sells in Beverly Hills

The house he bought in Miami, in the mediterranean style, is situated on a plot of 36 750 square feet.

The one he has sold in Beverly Hills offering breathtaking views.

A firm of Guy Laliberté has made the acquisition at the end of 2017 of a house in Miami, Florida, for $ 5.5 million US. The property of 4507 square feet overlooks the ocean. “We have […] acquired a house for a corporate, we wrote Anne Dongois, of Red Moon. The holding of Guy Laliberté has been working in Miami with partners on a mega-project of real estate development at one billion US$, Magic City. The project concerned groups, who fear gentrification. In 2019, Guy Laliberté, has sold for $ 5.4 million US a residence of more than 4200 square feet in Beverly Hills, California. “It has been sold since Red Moon has no activity in this sector “, said Anne Dongois.

Its luxurious villas to rent for the rich

The former boss of Cirque du Soleil has leased its luxurious residences around the world

Guy Laliberté has made rent to personal properties in the islands of paradise, to generate income.

Among these are :

► Two houses on the island of Ibiza, Spain, Can Sun and Can Luna. “Punctuated works of art, part of the site common with Can Sun and Can Luna is magnified by the olive trees and cascades of bougainvillea,” describes the site sunsetluxuryvillas.com dedicated to the properties of the founder of the Circus. It is proposed to ” make a body with the mediterranean biome “.

► An area to Hawaii’s Big Island. Paid 29 million US $ in 2007, this “ecological jewel” offers a main villa that ” about wood, stone, water and light with a single voice “.

► A private island in French Polynesia fitted at a cost of $ 150 million. “Welcome to paradise, where luxury is king and where the life takes on the pace alangui of nature “, describes an announcement. In 2019, The Newspaper revealed he had to disburse $ 1.4 million per week to stay there.

“It is […] intended to market the island as soon as a return to normal will be announced “, we wrote Anne Dongois, a spokesman for Guy Laliberté.

► The yacht of Mr. Laliberté, the Tiara, a boat of 178 feet, is also for rent. In November 2019, there could be up to you to 263 000 $ per week.

Challenge

Guy Laliberté has also successfully challenged in 2017 a municipal assessment is considered too high over a million $ for his luxurious domain situated in the national park mont Saint-Bruno, Montérégie. This victory achieved in court was to allow him to save 6569,66 $ per year in property taxes.

Hawai

Kauhale Pilialoha is a vast domain on the Pacific, a main house and three guest villas. There is also a bar decorated with surfboards and a table of guests, who can contemplate the ocean while eating.

Yacht

The yacht Laliberté, the Tiara, is made to ” the luxurious life “, according to the website of the business man. Among the amenities offered, a sound system to the scale of the ship, satellite tv, WiFi and a whirlpool bath. A very nice bedouin tent permits ” a rest in the open air “. You can also enjoy a kitchen with a meals on request.

Ibiza

The island of Ibiza, Spain, is famous for its festivals, and Guy Laliberté are sometimes plays the DJ. According to Forbes, in 2019, he had to pay 500 000 euros per month for living in his area of 64 acres. A DJ booth and works of art eccentrics are there, including a huge sculpture of a penis yellow purchased at the Venice Biennale. An australian artist Andrew Rogers, has also made a Stonehenge, a monument, a prehistoric taste of the day, not far from the domain of Can Sun, according to the magazine.

Guy Laliberté in a few dates

1984: Guy Laliberté founded with partners Cirque du Soleil, thanks to significant financial support of the government of René Lévesque

1994: Cirque du Soleil’s Alegria, which will be seen by 14 million viewers in the world

1998: The Cirque du Soleil launches O at the Bellagio hotel in Las Vegas, one of the many Cirque shows to know the success during this period

2008: Guy Laliberté assigns 20 % of Cirque to two firms in Dubai, Nakheel and dubai-based Istithmar World Capital for an undisclosed amount

2015: The Circus is sold by Guy Laliberté of TPG, Fosun and the Caisse de dépôt US $ 1.5 billion

February 2020: Guy Laliberté sells a final 10% interest in the Circus to the Caisse de dépôt

March 2020: The Circus, affected by the pandemic, lays off 95 % of its workforce, or about 4700 people

May 2020: Québec grants assistance of US $ 200 million to the Circus. Guy Laliberté announces to relaunch the company

A private island in the event of a pandemic

The paradise of French Polynesia offers a distancing physical of several hundreds of km

You can observe the humpback whales in their natural habitat around the island, boasts the promotional site Sunsetluxuryvillas.com.

The private island of Guy Laliberté, French Polynesia, today for rent, was initially designed to protect them in the event of a pandemic. “It might also be the place for that if — ever — there is an epidemic, a global war, I could take the ones I love, my family “, he declared to the Journal in 2014.

“With its unspoiled beaches, its protected lagoon, its coral reefs, natural trails and picturesque flora and fauna of the tropical exceptional, Nukutepipi is a true dream for nature lovers “, it is stressed.

Purchased from a japanese firm in 2007, the island of Guy Laliberté is located approximately 750 kilometres from Tahiti.

The infinity pool is a big plus.

The island, which pays tribute to the architecture polynesian has been rented in recent months for $ 1.5 million per week.

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