Latest news with #Bolivian-American
New York Post
5 days ago
- Business
- New York Post
Spice magnate spends $37.3M for former Sprint CEO neighbor's Aspen teardown — to protect his own views
Variety is the spice of life, but the Badia family would like to keep the status quo. At least, that's when it comes to their Aspen home. Joseph A. Badia, the spice magnate whose products line shelves across America, bought out his Aspen neighbor's $37.3 million teardown in order to preserve his own property's natural beauty, the Wall Street Journal reported. Advertisement 7 A rendering of one of the potential properties. Mitchell Studio/Blok Studio 7 Marcelo Claure, former CEO of Sprint and present CEO of Claure Group. Bloomberg via Getty Images 7 Jospeh 'Pepe' Badia, president of Badia Spices. Bloomberg via Getty Images Advertisement 7 The spice brand is unmistakable on grocery store shelves. Mdv Edwards – The sale spans about 21 acres, including one vacant house and planning permission for two new 15,000-square-foot mansions. Badia's neighbor, former Sprint CEO Marcelo Claure, bought the properties in 2020 with plans to build a family compound, the Journal reported. Badia and his wife Nancy purchased the neighboring six-bedroom house on 10 acres just last year for $18.5 million. Advertisement AJ Morris and Craig Morris of Aspen Snowmass Sotheby's International Realty represented Badia. The magnate's decision to snap up Claure's splittable estate was to prevent its development, AJ told the outlet. 'They did not want massive spec homes being built right next to their house that would impact their views tremendously, and also have a very negative impact on the natural beauty and elk migratory path,' AJ said. 7 A rendering of a sitting area in one of the planned homes. Mitchell Studio/Blok Studio 7 While the renderings of the property's future may look promising, Badia's agent said the purchase was made to prevent development, rather than pursue it. Mitchell Studio/Blok Studio Advertisement Claure, founder and CEO of Claure Group, purchased his scenic swath of land back in 2020. The Bolivian-American entrepreneur ultimately listed the property for $45 million in 2023 after his changing his plans for a family compound, according to the Journal. Claure sold a different Aspen home for $18.5 million in the same year. The Badias' acquisition of Claure's property encompasses two parcels. One spans 10.5 acres and contains an existing 11,000-square-foot dwelling, plus plans for a new seven-bedroom property. The other, a 10.8-acre piece of land, comes with plans for a five-bedroom home and equestrian facilities. The plans on offer made the listing especially valuable, given the surrounding county's restrictions on development, seller's broker Brittanie Rockhill told the Journal at the time of listing. 7 A dining room rendering promises views of Aspen's natural splendor. Mitchell Studio/Blok Studio Badia's father started the Florida-based Badia Spices empire in 1967. The company manufactures and distributes spices, blends and sauces and more. Badia was acquired by the investment firm Bia Foods with BDT & MSD Partners, a merchant bank, in 2024. AJ Morris told the Journal that the Badia family has no present plans to build on their new property, but Badia did purchase the development rights from Claure for under $4 million. Claure's listing agent Brittanie Rockhill of Douglas Elliman declined to comment. Claure and Badia could not be reached for comment.
Yahoo
09-02-2025
- Business
- Yahoo
Billionaire Proposes $1 Million Reward for Bolivia's Evo Morales
(Bloomberg) -- Bolivian-American billionaire Marcelo Claure floated the idea of offering a $1 million reward for ex-president Evo Morales, who is the subject of an arrest warrant. Nice Airport, If You Can Get to It: No Subway, No Highway, No Bridge Sin puente y sin metro: el nuevo aeropuerto de Lima es una debacle The Forgotten French Architect Who Rebuilt Marseille Citadel to Leave Namesake Chicago Tower as Employees Relocate NYC Sees Pedestrian Traffic Increase in Congestion-Pricing Zone Claure, in a post on late on Saturday, said he would think about the reward, above a photograph of a wanted poster for Evo Morales, implying, but without saying as much, that the reward would be for information leading to the former president's arrest. Claure, a former COO of SoftBank, now manages his own investment fund and family office. The billionaire has been wading deeper into Bolivia's election cycle, commissioning nationwide polls and saying he will back a yet-to-be-decided right-wing candidate to defeat the ruling socialist MAS party. On Saturday he said that the government of Luis Arce, a former ally of Morales turned rival, is making the country a joke and said that Bolivia was seen as uninvestable. A Bolivian court last month ordered the arrest of the former president, who is being investigated for allegedly having a child with a minor. The government has accused groups linked to Morales of responsibility for attacks on the police. Morales, speaking on his Sunday radio show, responded that Claure was either crazy or foolish, La Razon reported. Morales has not left the Tropico region of Bolivia's Cochabamba since October because of the arrest warrant against him, but he remains politically active in that area. The country is suffering an economic crisis amid shortages of fuel and foreign currency. At the same time, the ruling socialist party is divided between supporters of President Arce and those loyal to Morales. Arce last year was forced to deny that he had faked a coup against his government in a bid to shore up his popularity. The fiscal deficit was near 11% of GDP last year, Finance Minister Marcelo Montenegro said on Thursday, and year-on-year inflation reached 12% in January. The Reason Why This Super Bowl Has So Many Conspiracy Theories Business Schools Confront Trump Immigration Policies Orange Juice Makers Are Desperate for a Comeback Believing in Aliens Derailed This Internet Pioneer's Career. Now He's Facing Prison Inside Elon Musk's Attack on the US Government ©2025 Bloomberg L.P.
Bloomberg
09-02-2025
- Business
- Bloomberg
Billionaire Proposes $1 Million Reward for Bolivia's Evo Morales
Bolivian-American billionaire Marcelo Claure floated the idea of offering a $1 million reward for ex-president Evo Morales, who is the subject of an arrest warrant. Claure, in a post on late on Saturday, said he would think about the reward, above a photograph of a wanted poster for Evo Morales, implying, but without saying as much, that the reward would be for information leading to the former president's arrest. Claure, a former COO of SoftBank, now manages his own investment fund and family office.
