Media mogul pays $30M for Palm Beach mansion

Nearly 1-acre estate last sold for $22.5M

TRD MIAMI /
Mar.March 30, 2015 04:30 PM

TV media mogul Herbert Siegel and philanthropist Jeanne Sorensen Siegel paid nearly $30 million for a mansion in Palm Beach, county records show.

A company tied to New York-based Solil Management sold the nearly 1-acre site at 200 Via Palma to the Siegels. The deal closed on Thursday, according to Palm Beach County records. A mortgage was not recorded.

It last sold for $22.45 million in April 2008.

The 12,770-square-foot house includes a pool, dock and cabana. The mansion features seven bedrooms and nine-and-a-half bathrooms.

Forbes billionaire Herbert Siegel has invested in Warner Communications and Viacom. He sold Chris-Craft Industries, United Paramount Network’s parent company, to News Corp. for $5.3 billion in cash and stock in 2011, Forbes reported. The most recent Forbes report values his net worth at $1.1 billion.

In June, the Siegels sold their Manhattan duplex co-op for $16.5 million.

Corcoran’s Colleen Hanson and John Campbell represented the Siegels in the sale, according to the brokerage’s website.

Solil Management’s Jane Goldman is listed as a registered agent on the seller’s corporate records.

 

Related Articles

arrow_forward_ios
From left: Michael and Suzanne Ainslie with 202 Plantation Road and Ron Terwilliger (Credit: Getty Images and Redfin)

Ex-Lehman Brothers director sells Palm Beach home to retired Trammell Crow CEO

Daily Digest Miami

Antonio Brown gives deposition for allegedly damaging Sunny Isles condo, Baptist plans senior living in Coral Gables: Daily digest

Robert Matthews and Palm House Hotel

Embattled Palm House developer Robert Matthews agrees to federal securities charges

Ken Griffin over the island of Palm Beach

Inside billionaire Ken Griffin’s massive Palm Beach holdings

Collage of Ken Griffin’s properties and Ken Griffin

Ken Griffin’s many many mansions: Billionaire’s latest is a $99M Palm Beach estate

Robert Matthews and the Palm House Hotel (Credit: NAIOP)

Palm House Hotel developer will use taxpayer money to pay legal bills: report

Steve Wynn and 1960 South Ocean Boulevard (Credit: Sotheby's and Getty Images)

Disgraced casino mogul Steve Wynn drops $43M on Palm Beach estate

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

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

arrow_forward_ios