Quote:
Originally Posted by ckissick
The New York Post ran a story on his inheritance. By dying in 2010 he kept over half a billion bucks from falling into the evil clutches of the govt. If he died next year, the death tax would probably have forced the family into selling the team just to pay the taxes.
Also, there is a story of a 16-year old black youth who was caught red-handed by Steinbrenner, painting grafitti on Yankee Stadium, back in about 1974. George had the kid locked up in the stadium's security room. Later, George had a talk with the kid, then let him be bat boy in that night's game. The kid still works for the Yankeees. He says Steinbrenner saved his life.
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I'm guessing that if he was smart enough to make all that money he was also smart enough to establish trusts to make sure he didn't get fk'd by the govt.