Stewart Rahr lists Hamptons manse for $95M

Billionaire bought the property for $45M in 2004

Stewart Rahr and Burnt Point in East Hampton
Stewart Rahr and Burnt Point in East Hampton

Billionaire Stewart Rahr is putting his Hamptons estate on the market for an eye-popping $95 million.

Rahr set a New York state record in 2004 when he purchased the compound, known as Burnt Point, for $45 million, according to the New York Post. He is a self-made billionaire and the former owner of pharmaceutical wholesaler Kinray.

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The expansive home is 18,000 square feet and contains eight bedrooms and 14 bathrooms. It also features a vaulted wine cellar with a tasting room and custom woodwork throughout.

Rahr kept the home in his high-profile divorce from his wife, Carol, who received $250 million in the split. [NYP] — Tess Hofmann