NY financier Scott Shleifer pays $122.7 million to buy Palm Beach estate was once owned by Donald Trump

New York financier Scott Shleifer, prime supporter of Tiger Global Management’s private value unit, has been uncovered as the secret purchaser who sprinkled out $122.7 million — money — to purchase an oceanfront spec house in Palm Beach that was once possessed by Donald Trump. It’s the most ever paid for a Palm Beach bequest, or, so far as that is concerned, a home anyplace in the province of Florida.

“He flew in for the afternoon, taken a gander at the house for around 15 minutes, made the all-money arrangement and afterward flew back to New York,” a source who knew about the arrangement revealed to The Post solely.

“He’s simply a family fellow who is great at math,” the source added.

Shleifer’s firm, which oversees $40 billion, had a heavenly year in 2020 — and he’s in good company.

New Jersey-based fence funder David Tepper additionally paid $70 million for a Palm Beach pandemic chateau, as indicated by reports.

“These folks are all very similar,” said the source. “For them, it’s simply a support against the market. They fly down to Miami or Palm Beach and go to a spot like Cipriani’s, which they know from New York. They get a table in the back, or simply takeout in light of COVID. These folks are too aware of COVID. They would prefer not to be by individuals and they don’t need to be in New York any longer. No one must be here. You simply know it. That is the thing that’s so crazy. They can do anything they desire.”

Shleifer’s new burrows accompany a nine-room manor and a visitor house, which together complete 21,000 square feet. The primary home is prepared for engaging, with enormous rooms, a bar, game room, wine basement and beauty parlor. The outside space includes a pool and open air cinema. Assembled a year ago, the 2-section of land domain was available for a simple month, asking $140 million.

However, regardless of the dumbfounding value point, the property, situated at 535 North County Road, can’t shake its questionable history.

The land was once essential for a 6.2-section of land home that housed Maison de L’Amitie, or House of Friendship. Incidentally, the late pedophile Jeffrey Epstein and the previous president, at that point a finance manager, both battled for the domain when it was sold in a liquidation closeout in 2005. Trump outbid Epstein, paying $41.3 million for the property.

Prior to that, in the last part of the 1980s, the property was possessed by Epstein’s promoter, retail very rich person Les Wexner, who talented Epstein his Manhattan house utilized by Epstein and Ghislaine Maxwell to prep and misuse underage young ladies and to have sleepovers for supposed individual underage sex victimizers, similar to Prince Andrew.

Wexner paid $10 million for the Palm Beach domain in 1985.

In 2008, Trump offloaded the domain to Russian oligarch Dmitry Rybolovlev — who stood out as truly newsworthy when he purchased Leonardo da Vinci’s “Salvator Mundi” for $450 million — for $95 million. The arrangement got Trump a $54 million benefit and turned into a subject of Robert Mueller’s Russia examination.

Rybolovlev leveled the house and sold three nearby parcels at the consolidated cost of $108.2 million, as indicated by reports — not exactly the conveying cost of the property joined with the expenses related with destroying the chateau.

Rybolovlev’s representative once told the correspondent that it was a shrewd arrangement since he would bring in cash auctioning off the developments — yet Rybolovlev allegedly never earned a cent on it.

In the latest record-breaking bargain, unscripted television star and intermediary Ryan Serhant worked with Douglas Elliman’s Christopher Leavitt to rep the purchaser. Lawrence Moens of Lawrence A. Moens Associates repped the dealer.

 

davebarr
davebarr
Dave Barr is a professional Marketing Strategist With Over 6 Years Of Experience in PR. His primary area of expertise is public relations and social branding. Dave has been associated with various influencers and celebrs from across the world on a regular basis. He has also had associations with big and reputed news networks. Dave contributes to Famous Network in the Business, Marketing and Technology sections.

Discover

Latest

Successful entrepreneurs recognize when to move on

His wherein male land form. Own whose they're gathered is let male kind from. A you'll life waters evening fly female won't all move...

How former TV producer developed a social media empire

His wherein male land form. Own whose they're gathered is let male kind from. A you'll life waters evening fly female won't all move...

Users are setting up pods to gain followers

His wherein male land form. Own whose they're gathered is let male kind from. A you'll life waters evening fly female won't all move...

Actress Jane Fonda will receive Cecil B. DeMille Award at Golden Globes ceremony

Entertainer Jane Fonda will get the Hollywood Foreign Press Association's Cecil B. DeMille Award which praises a person for their enduring effect on the...

Elon Musk broke his very brief Twitter fast

Elon Musk broke his extremely concise Twitter quick Thursday with a progression of early-morning tweets that drove up the cost of a cryptocurrency that...