How Did He Magically Make It Out Alive?
Updated: Oct 29, 2019
Larry Silverstein was born on May 30, 1931 in Brooklyn, New York. He grew up loving music, and even went to High School for strictly the arts and went on to attend New York University where he graduated in 1952. He then attended classes at Brooklyn Law School and became a real estate agent shortly after.
His business career started off with the formation of Silverstein Properties and began buying his first properties with his father and brother-in-law. The business grew and soon he was executing multi-million dollar deals with big name companies such as Coca-cola.
In January 2001, Silverstein decided to make a lease-purchase bid, totalling $3.2 billion. After getting outbid and then eventually winning the bid war, in which he put $14 million of his own money into. He then decided to take out an insurance plan that covered terrorism. This did not make any sense to his fellow employees, why would he get full insurance that covers absolutely everything? We understand that it is a safe precaution, but if nothing were to happen to your building you would be paying a large amount of money for the insurance. The attacks of 9/11 happened, which caused panic to people around the world, and our prayers go out to the survivors, first responders, and those who unfortunately did not make it. Before the attacks, he was having breakfast in the Twin Towers like he did every morning. His wife called him and told him to go to a doctors appointment. He left before the attacks started and escaped death. After the attacks, he took his insurance company to court and claimed the payout should be double because there were two attacks. He made $4.5 billion off the insurers.
How is it so that his wife insist that he attend a doctors appointment the morning of when he was just going through his normal daily routine? The main questions of this entire situation are ones that only he can answer. Why the insurance policy just two months before the attacks? Why did they specifically cover terrorism as one of the main parts of the insurance policy? He escaped death and won a large sum from the insurance companies and either his luck was on his side for a few months, or he planned a vicious and cruel attack on innocent Americans in order to make money. Reply down below with your thoughts on the incident and how you think this incident really occurred.