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Jeffrey Loria reportedly would sell Marlins for $1.7 billion
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Ponder, if you will, the savviest investments of the past 20 years. Think of the venture capitalists who got in early on Google. The angel investors who took a leap of faith with Uber. Sean Parker finagling his way into Facebook right before it exploded was enough to get a Mickey Mouse Club member to play him in a major motion picture.
Jeffrey Loria laughs at all those fools. On Dec. 9, 1999, Loria made his first investment in a Major League Baseball team, buying a 24 percent stake in the Montreal Expos, in the process becoming the team's managing general partner.