Robert Sillerman must really like the number $38 million

For the third time in history, music entrepreneur Robert Sillerman has sold a property in Southampton for about $38 million. The former chancellor of Southampton College received $38 million for his 2.4-acre estate at 1100 Meadow Lane in January. He also previously received $37.5 million for a 3.6-acre estate at 1116 Meadow Lane. According to 27East, Sillerman last week sold 1080 Meadow Lane for $38 million. Yep, a real shocker. The 4.5-acre parcel features a 8,300-square-foot oceanfront residence, with six bedrooms and six baths. There is also a pool and three-hole golf course. In 2000, Mr. Sillerman sold his SFX Entertainment for $4.4 billion, and subsequently bought majority rights to the Elvis Presley estate, Graceland. He filed for bankruptcy in February this year. [27East.com]