![]() Allen’s Vulcan Warbirds buys planes and other warcraft and leases them to the Flying Heritage Collection, based in Everett, Washington. Allen, who has a passion for vintage military vehicles, jumped at the chance to add the tank to his collection. Collings put the Panzer IV up for auction later that month, along with some other pieces from the collection that was donated to the foundation. In 2003, it was purchased by the Military Vehicle Technology Foundation in Portola Valley, California, and was eventually donated to the Stow, Massachusetts-based Collings Foundation in July 2014. One of only 38 complete Panzers in the world, it was bought by Syria in the 1950s, then was captured by Israelis in 1967 before being retired to the Israeli Armor Museum. The tank was built in 1944 and used by the German army in World War II. According to the Los Angeles Times, Vulcan Warbirds, one of Allen’s companies, is suing the Collings Foundation over a rare Panzer IV, a vintage tank that Allen says he paid $2.5 million for in July. It’s his collection of World War II-era war craft, however, that’s the focus of a lawsuit filed on his behalf this week in San Mateo County Superior Court. ![]() Microsoft Billionaire Paul Allen Is In A Legal Battle Over A $2.5 Million WWII Tank Tom Pennington / Getty Images Microsoft cofounder Paul Allen collects a lot of expensive things: mansions, sports teams, yachts, and priceless works of art.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |