Sam Zell a U.S.-born billionaire and real estate entrepreneur. He is co-founder and Chairman of Equity Group Investments, a private investment firm. With an estimated net worth of US$6 billion, he is ranked as the 52nd richest American by Forbes. Zell is chief executive of Chicago Tribune parent and chairman and president of Equity Group Investments LLC, was responding to a moderator’s question on what single investment panelists would make in real estate.

This guy must know what he is talking about when it comes to the world of investing in international property, and I think it makes sense to listen and learn about what he thinks is a great place to invest. 

“I’d buy Brazil,” Zell told the Milken Institute Global Conference. “It has the chance 30 years from now of being a bigger economic power than China.”

Zell said the South American nation’s large population of 180 million people, highly-trained work force, and array of crops and natural resources has made it largely self-sufficient.

Seems like a great recommendation to me.

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