Real estate can be deadly: British tycoon kills stubborn tenant
Sep 8, 2009 Object
Filed under: People
Businesses, insurers, and other analysts have often sought to put a price tag on the value of a human life. In the health-care debate, for example, the magic number is $129,000; by comparison, when Ford designed the Pinto, its number-crunchers determined that the company’s customers (or at least the lawsuits that they were likely to generate) were worth $200,000 apiece. Meanwhile, as people sell kidneys for as little as $6,000, it seems like a life might be worth even less if it is sold a la carte.
In 2000, faced with an inconvenient tenant who stood in the way of a $3.8 million deal, British businessman Thanos Papalexis determined that a human life was worth approximately $500,000. That was the amount that he stood to make on a real estate deal. This assumed, however, that he was able to get rid of Charalambos Christodoulides, the shy, quiet man who lived near a London warehouse that Papalexis was trying to sell.
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Real estate can be deadly: British tycoon kills stubborn tenant
Tags: a-friend-via, a-price-tag, health, paris-hilton, parishilton, people, stubborn-tenant, the-health-care
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