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Sam Zell American businessman Archives - The Jewelry Magazine https://www.thejewelrymagazine.com/tag/sam-zell-american-businessman/ Latest Jewelry News From All Around The World Fri, 18 Jan 2019 06:55:12 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Billionaire Sam Zell buys gold for first time in bet on tight supply https://www.thejewelrymagazine.com/billionaire-sam-zell-buys-gold-for-first-time-in-bet-on-tight-supply/ https://www.thejewelrymagazine.com/billionaire-sam-zell-buys-gold-for-first-time-in-bet-on-tight-supply/#respond Fri, 18 Jan 2019 06:55:12 +0000 https://www.thejewelrymagazine.com/?p=12088

Gold’s dimming supply prospects have caught the eye of one billionaire. “For the first time in my life, I bought gold because it is a good hedge,” Sam Zell, the founder of Equity Group Investments, said in a Bloomberg TV interview. “Supply is shrinking and that is going to have a positive impact on the […]

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