Guess who owns the biggest villa in Miami's Star Island, named after the celebrity status of the real estate property owners. P-Diddy? Julio Iglesias? Nope. It is Dr Frost, the founder of the major pharmaceutical company producing generic drugs for the ever so drug thirsty America.
So how big is his house? According to Miami Herold, it is 28000-square-foot, eight-bedroom, 10-bath Star Island house and worth close to $50 million. It takes the most space on the island and makes all other houses fade. It makes quite a statement to what industry is leading and making the most profit. The same paper reports he also owns a $60 million airplane.
I once read in the book “The truth about the Drug companies” that the average American spends about $300 a month on prescription drugs. I could see that Dr Frost spends our money well on his wealth. And since the there is no price control in areas like medicine or prescription drugs, we contribute to these riches daily with every pill we take.
Even though succeeding in any business is part of any great business plan, i just wished it wasn't at the expense of the sick people.
Photo: Oksana taking a tour around Miami Islands
Photo: Villa of Dr Philip Frost in Miami Star Island