Those parents showed some serious restraint. I had a landlord who was about 21-22. My wife's cousins went to school with him. This kid got $1,000,000 for a graduation gift, FROM HIGH SCHOOL. He was given the one of the ski resorts to run and a number of houses as well. That family was crazy loaded. They owned a land development company, ski resorts, and a stone company. Not sure what else, but these folks had some serious cash.

I didn't necessarily believe them at first, but then when we would try to get a hold of him he was always in Europe or Asia. Then he stopped by a couple of times in the ski resort car. The family bulldozed the house I rented and developed the land. Their projection was $12,000,000 in profits.