A recent legal filing reveals that ex-Turing Pharmaceuticals CEO, Martin Shkreli, has $45 million in an E-Trade account.
Martin Shkreli may have legal problems, but it appears he has the ample funds to help him fight them.
According to the New York Times, a court filing reveals that the controversial ex-Turing Pharmaceuticals CEO has an E-Trade brokerage account with assets totaling $45 million.
This sum explains how he was able to post the $5 million bond to remain free after being arrested on charges of securities fraud.
Now people also know how he was able to afford the $2 million he reportedly paid for the only copy of the Wu-Tang Clan’s new album.
However, it is unlikely he will make any more large purchases soon, as a judge recently granted a lien on the account, prohibiting any funds transfers out.