Just when this kid thought that murdering his father would make him an heir to millions of dollars, he should have verified his data first. This Princeton graduate couldn't accept that his father was slashing his weekly allowance by $200. Financial data of his father also showed that he was only worth $585,555.50.
No Millions Of Dollars
Spoiled Princeton graduate Thomas Gilbert Jr. was told by Thomas Gilbert Sr. that his weekly allowance will be reduced by $200. Gilbert Jr. didn't readily accept this, having been used to his lavish lifestyle.
New York Post said that the elder Gilbert's hedge-fund Wainscott Capital Management was not in a very good financial position. Hence, cost-saving measures were sought after by the poor father.
Thinking that he would be an heir to the hedge-fund business perceived to be worth millions, he allegedly murdered his father. It was quite unfortunate that the millions Gilbert Jr. expected was only a little bit over $500,000.00.
Plea Of Insanity Rejected
According to Daily Mail, Gilbert Sr. was once successful, but his foray into the hedge-fund business started his financial demise. Gilbert Jr., on the other hand, has gotten so used to the lifestyle of the rich in New York City's Manhattan that he could no longer bear the thought of getting a lower allowance.
Reports have it that Gilbert's Jr. lawyer was banking on a plea of insanity to exonerate him. However, last November, such plea was rejected, which made him stand trial. Alex Spiro, Gilbert Jr.'s attorney is paid by his mom, Shelley Rea Gilbert.
Rich Kid's Drug Use
While studying in Princeton, Gilbert Jr. reportedly used illegal drugs which include marijuana, cocaine, LSD and magic mushrooms. He used to make statements about people "infecting his mind."
"He talked a lot about his dad and how mean he was to him and how nothing was good enough," said Anna Rothschild, the ex-girlfriend of Gilbert Jr. She also said that Gilbert Jr. often complained about his father being "hypercritical of him" and that for his father "he couldn't do anything right."
During the trial, the spoiled Princeton grad complained about having no cable TV in his cell. If this was his attitude, then perhaps, Gilbert Sr. may have some grounds why his allowance should be reduced.
