Russian billionaire to level $95M Palm Beach manse

Miami /
May.May 31, 2013 01:00 PM

Russian fertilizer tycoon Dmitry Rybolovlev plans to level the $95 million Palm Beach property he bought from Donald Trump in 2008 because of mold problems, Gossip Extra reported.

The sale of the 33,000-square-foot property, dubbed Maison de L’Amitie, was the highest ever for a single-family home, netting Trump a more than $50 million profit, according to the site.

Mold has become a “Wal-Mart-size problem,” Gossip Extra wrote.

“I don’t care about the house,” Trump told Gossip Extra. “I bought it for $41 million, put in $3 worth of paint and gave it a good cleaning — and I sold it for the highest price ever for a single family home. I don’t know what he wants to do with it, and I couldn’t care less,” he said.

Rybolovlev, the billionaire owner of the A.S. Monaco Football Club, could chop up the 6.26-acre property, which includes a 475-foot-long beach, into as many as a dozen beachfront lots, the site said, citing an unnamed source. [Gossip Extra]Emily Schmall


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