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An Uplifting Interview, from Vince Fulco

 "Ten key things to help you succeed in business, according to real estate legend Peter Thomas"

In 1968, he left to start a real estate investment business. The West in the '70s was an era of go-go growth, and by 1980 Thomas says he was worth $150 million. Soon after, his net worth was negative $70 million. It took years to work his way out from under that crash, but it taught him patience and discipline — and a sense of irony. "I was as close to being depressed as can be," he says. "I asked my wife Rita, 'If I lose everything, will you still love me?' She said, 'I'll always love you. But I'll miss you.'

Scott Brooks writes:

Great article, Vince. Thanks for posting it. Lots of meals for a lifetime in this article.

Comments

dick4atick on March 10, 2015 11:40 am

Some factual errors (family details) - my wife used to work for Donna Thomas. Otherwise good article.

Ralph Vince on March 10, 2015 11:22 pm

I didn’t post this. I think someone with a similar named posted it.

-Ralph Vince