World Trade Center leaseholder Larry Silverstein bought terrorism insurance two months before 9/11, then collected double its value on the grounds that there were two attacks.

American businessman Larry Silverstein, who famously signed a 99-year lease on the World Trade Center complex in June 2001, two months before the attacks, is at the center of another story about profiting from the event:

Just months before 9/11, the World Trade Center’s lease was sold to Larry Silverstein. Silverstein took out an insurance plan that ‘fortuitously’ covered terrorism. After 9/11, Silverstein took the insurance company to court, claiming he should be paid double because there were 2 attacks. He won, and was awarded $4,550,000,000.

Back then, terrorist acts clause was uncommon in building insurance, it was an optional, Larry did include the clause without delayed or further assessment.