Disgraced Ad Exec Nadal About To Make $60 Million Windfall


 Remember Miles Nadal? How could you forget, right?  

He’s the disgraced former CEO of MDC Partners. In 2017, the SEC ordered Nadal to pay $5.5 million in civil penalties and banned him for five years from serving as an officer or a director of a public company as a result of his MDC-related shenanigans including failure to disclose millions in personal compensation.  



Now he’s about to make another windfall: The Toronto Star reported this week that Nadal is auctioning off an Imelda Marcos-sized collection of sneakers and over 100 sports cars and other vehicles that are expected to fetch more than $60 million. 

The items are being sold at an RM Sotheby’s auction in Toronto from May 31 to June 1, The Star Reports.  

The proceeds from the shoe collection (estimated worth: $2 million) are said to be going to the Dare To Dream Foundation.  

As for the far more valuable car collection, maybe Nadal should invest in Stagwell, which absorbed MDC via merger in 2021, now that there’s a competent CEO at the helm. 


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