The Waldorf Renovation: Over Budget, Past Deadlines, a Man Imprisoned
Episode
18 min
Read time
2 min
Topics
Investing, Fundraising & VC
AI-Generated Summary
What It Covers
Chinese billionaire Wu Xiaohui's disastrous $6 billion Waldorf Astoria renovation that went massively over budget and timeline before his imprisonment.
Notable Moment
Wu planned a grand reopening featuring holographic Chinese warriors riding through the lobby followed by holographic Marilyn Monroe and Frank Sinatra.
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