Things Wichita Billionaire Phil Ruffin has bought for less than $800 Million
This weekend the Powerball Lottery jackpot will be worth $800 million. Here are a few things Wichita Billionaire Phill Ruffin has bought for less than that, just to give you some ideas on how to spend your winnings.
Epic Center - Wichita, KS - $11.5 Million Dollars
Last year, Ruffin acquired Wichita's tallest building, the Epic Center, for $11.5 million. With this weekend's potential lottery winnings, you could buy 69 and a half Epic Centers!
New Frontier Hotel and Casino - Las Vegas, NV - $165 Million
This casino was acquired by Ruffin in 1995 for $165 million. He was able to later sell the property for $1.2 Billion.
Treasure Island Hotel and Casino - Las Vegas, NV - $755 million
Sold by MGM Mirage to Ruffin in 2009, the Tresure Island Hotel and Casino is still owned by Ruffin. It was purchased for $755 million after a $20 million price break from MGM.
Wichita Greyhound Park - Wichita, KS - $400 Thousand
Ruffin purchased the Wichita Greyhound Park in 2007. The final purchase price was unavailable, however, according to Sedgwick County GIS website, the property is valued at $399,610. Even if you were to take the upfront cash value of this weekend's lottery winnings, you could still buy 1,240 of these.
Former Pizza Hut Headquarters - Wichita, Ks, - $2 million
Purchased in 2000, the former Pizza Hut headquarters' sale price wasn't disclosed, but according to the Sedgwick county GIS website the property is valued at just over $2 Million.
Former Bank of America Building- Wichita, Ks- ~$10 million
Recently renamed the Ruffin Building, the Bank of America Building at 100 N. Broadway was originally sold to Ruffin in 2006 for "close to" the $10 million asking price.
What Would You Buy?
Let us know in the comments below!