>The receipts dry up, the yacht is sold, Amaroo is shuttered, lenders lose, good Lord, can the watch collection be far behind? <

This really depends on how long the philanthropy of the Pascottos, de Laskis and other rich backers are prepared to hold the 'back of theatre' together.

The EV/TPRF/RVK structure could very easily collapse - the endemic incompetence and enervation of middle age would see to that even without Rawat's off stage mismanagement contributions and insatiable material demands.

What isn't clear is just what level of self interest the 'business class' of PAMs has enmeshed in the operation of the cult. Apart from SEVA and Myrine - which of course could have attracted a variety of investors to fill various financial holes over the years - operations like Eversound are tied closely to EV, even Amtext probably has a functional dependency on a continuing premie community support in terms of acquiring product.

Rather than an issue of belief, holding Rawat Inc. together is now a matter of face for those PAMs with business/professional profiles and of simple financial interest for those with investment/loan exposure.

Nothing personal - it's just business.