Young And The Restless Discussion Group -- How wealthy is Brad Carlton?

Young And The Restless Discussion Group

Topic: How wealthy is Brad Carlton?

Topic Posted by: Money Money Money
Date Posted: Sun Jul 13 16:58:16 2008
Additional Comments:

Is he wealthier than Jack Abbot?

Posted by: Ty34
Date posted: Sun Jul 13 20:38:59 2008
Message:

Also, recall when Brad was unseen for a few years, he returned to Genoa City with the story being that he'd started his own successful company in Italy, which he apparently had sold for a tidy profit??? .. Later on, Brad seemed pretty non-chalant about becoming an equity partner in Jabot by plopping down $35 million. That was eventually paid back by Jack, I believe, probably with interest or capital gains of some kind, heh?

Replies: (list all replies)

it wasn't a loan when he a niki bought into jabot w/ the 35mil apeice, it was investment. remeber, their invest was actually reduced by half when jabot was purchased by chancellor the first time around. i'm sure he and nik still retain some of that probably in stock ownership

Right - and I didn't say it was a loan - I specifically said Brad made some kind of *equity* investment, thereby becoming a stockowner with voting rights. Sorry if the phrase *paid him back* confused the issue. It was probably something more like a *buyback* per original terms. - Ty34

Posted by: VegasHank
Date posted: Sun Jul 13 18:36:43 2008
Message:

I assume you're talking about Brad's wealth since inheriting the Rawlins fortune after his ex-wife Cassandra died, not back in his gardening days. I think Brad WAS wealthier than Jack at that time. Now that John is gone, Jack is obviously significantly wealthier than he was. The question is... was Jack's share (1/5th?) of John's inheritance larger than the entire Rawlins fortune? How Brad has invested that fortune since he inherited it is also a factor since that was over 10 years ago (maybe over 15 years). Anyone remember what year that was?

Anyway, asking this question makes me wonder whatever happened to the Rawlins company (or companies) that Brad was presumably running after inheriting them. I thought that were larger than Jabot but probably smaller than Newman Enterprises. My guess is that Brad liquidated them because the writers never mention this part of Brad's past since his return to GC from Italy. Recent viewers probably have NO idea Brad is so wealthy unless the issue has been raised in the last few months. My viewing has been very hit and miss for 4-5 months now.

Replies: (list all replies)

I believe it's been well over 15 years since Cassandra died, maybe about 17 years. ~i&b

Did Jack actually get 1/5th of John's estate or did he get 1/4 of half? Since I've missed so much lately I'm not sure if Glo ended up getting half or one fifith (a share equal to John's 4 children). VegasHank

Posted by: Pat
Date posted: Sun Jul 13 18:26:20 2008
Message:
HE inherited a huge amount of money from Cassandra and has made a few bucks along the way. I would say he is equal to Jack who has never been able to hang on to Jabot.