Billionaire Tom Barrack's Wine and Polo Pursuits

Tom Barrack made his fortune in real estate amassing an eclectic collection of assets including Michael Jackson's Neverland Ranch, hotels in the United Kingsom, and college campuses in Switzerland. Now he's applying lessons he learned as a deal maker on Wall Street to a personal asset: his 1,300-acre ranch in California. Bloomberg's Erik Schatzker reports. (Corrects size of ranch.) (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (08/10)
02:36 - Bloomberg Daybreak: Americas hosted by David Westin and Alix Steel. Guests include Putri Pascualy, managing director and credit strategist at Pacific Alternative Asset Management Co., Brigadier General Mark Kimmitt, U.S. Army (ret.), and Stephen Auth, chief investment officer for global equities at Federated Investors. (Source: Bloomberg)
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