Russian billionaire to level $95M Palm Beach manse

TRD 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


Related Articles

arrow_forward_ios
Donald Trump, Vanilla Ice and Briny Breezes (Credit: Getty Images)

Trump Town? Briny Breezes wants to sell for $1B

Daily Digest Miami

Missoni Baia lands massive loan, Babylon Brickell owner sells Overtown property: Daily digest

Donald and Melania Trump at the entrance way of Mar-a-Lago (Credit: Getty Images)

With move to Mar-a-Lago, Trump could use Florida real estate law to protect himself from creditors

Donald Trump at Trump National Doral (Credit: Getty Images)

Former members of Trump Doral may have to wait decades to get their deposits back

President Donald Trump (Credit: Getty Images, Mar-A-Lago Club)

Trump properties in Palm Beach County could get $1.5M tax bill

Dmitry Rybolovlev, Donald Trump, and 5252 North Country Road (Credit: Getty Images)

Russian oligarch sells last piece of former Trump estate in Palm Beach for $37M

President Trump and Mar-a-Lago (Credit: Getty Images)

Revenue fell at Trump’s Palm Beach properties in 2018

Donald Trump and Trump Doral (Credit: Getty Images)

Trump Doral’s financial results falter due to Trump name: report

arrow_forward_ios
Loading...