Albert Latner made his fortune in real estate, health care and casinos, and lavished his four children with riches. After his wife died, he gave them their inheritance early. Now they’re feuding over the estate, launching lawsuit after lawsuit and tearing the family apart. A cautionary tale about the burdens of love and money
In February 2010, Joshua Latner was alerted by several friends about a photo posted on the Internet. He sat down at his computer, Googled himself and was disturbed to find his picture with the word “loser” scrawled across his face.
Joshua is not, and has never been, a man with a nine-to-five job. An enthusiastic collector of fine wines and rare antiques, he is 49 years old and lives in Zurich with his wife, Kendal, and their two young children. He also maintains residences in Toronto, Key Biscayne and Tokyo and on the Greek island of Mykonos, where he raises chickens and honeybees as a hobby. He inherited $150 million when his father, Albert Latner, a Toronto property developer and entrepreneur, decided to give each of his four children what’s known in high-net-worth circles as the velvet handshake—shorthand for early inheritance.
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