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Tony Hsieh's family plans to sell Zappos co-founder's nearly 100 properties following tragic fire death: report
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Liz Claman remembers Tony Hsieh
FOX Business’s Liz Claman remembers the life and career of former Zappos CEO and visionary Tony Hsieh.
The administrators of Zappos co-founder Tony Hsieh’s estate are in the process of trying to sell more than 90 Las Vegas properties owned by the multimillionaire at the time of his shocking death, according to a report.
Richard and Andrew Hsieh, Tony’s father and brother, respectively, have notified the Clark County District Court of plans to sell his nearly 100 properties in Vegas, the Las Vegas Review-Journal reported, citing the 90-plus court notices Wednesday. The Hsiehs were granted administrative control of Tony Hiseh's estate following his November 2020 death.
On Thursday, a Hsieh family spokesperson confirmed the news to FOX Business, writing in a shared statement: “Since Tony’s passing in November, the estate is grateful to have received an immense amount of interest in finding ways to expand on Tony’s vision in revitalizing downtown Las Vegas through community efforts.”
“As Las Vegas begins to overcome the economic interruption caused by the pandemic, and with the favorable policy of opportunity zone enjoyed by Downtown Las Vegas, the time is ripe for the estate to consider all options to further implement Tony’s vision,” the spokesperson’s statement continues. “As part of this effort, the estate has been advised that all potential transactions of its real estate holdings must be filed with the court first. Since there will be many possibilities, the estate has chosen to file all of its real estate holdings at this time and invite all the interested parties to articulate how they may contribute to the expansion of Tony’s vision.”