The buyer who bought Rush Limbaugh’s Palm Beach estate for a record $155 million was billionaire William Lauder. It is reported by The Wall Street Journal.
Lauder, 62, is the executive chairman of influential cosmetics brand The Estée Lauder Companies and has a net worth of $3.5 billion according to the data. Forbes.
The Post has reached out to Lauder’s company for comment.
In February 2021, Limbaugh died at home at the age of 70 after battling lung cancer.
The Post reported this week that the sprawling 2.7-acre property, consisting of three homes – 1495 North Ocean Boulevard, 1501 North Ocean Boulevard and 108 Mediterranean Road – was bought by an anonymous LLC.
The conservative commentator’s widow and fourth wife, Katherine Adams Limbaugh, sold the property after buying it off the market for eight months.
The radio talk show host purchased the complex in 1998 for $3.9 million. At the time, he was still married to his third wife, Martha Fitzgerald, but they divorced in 2004.
A few years later, in 2010, Limbaugh married Katherine in a Hawaiian-style ceremony at the Palm Beach estate.
Overall, the property boasts a 250-foot ocean view, a two-story library described as a “smaller version” of North Carolina’s Biltmore Estate library, a swimming pool, putting green, and 24-hour security. security services.
The sale is a record for Palm Beach. In 2013, hedge fund Ken Griffin paid $129.6 million there for four lots.
Lauder recently sold two properties in the same area for a total of $200 million. Magazine.
He bought one in 2020 for about $25.4 million and a second the following year for an undisclosed amount. There were demolished houses on both sites.
Lauder also owns an apartment in New York City on Park Avenue.
Records show that the Limbaugh property consists of a 16,600-square-foot mansion, a 2,900-square-foot home, and a 2,200-square-foot home with 13 bedrooms and 12 bathrooms. There are also four additional guest houses.
The houses were decorated by Limbaugh himself, according to the 2010 biography Army of One by Zev Chafets.
He is said to have been inspired by the design of the Palace of Versailles and the Plaza Hotel in New York.
Limbaugh continued to host his longtime radio program throughout the period of his diagnosis.
When he passed away in 2021, Katherine announced his death on her show.
“I know that I am definitely not the Limbaugh that you are tuned to listen to today. I, like you, really want Rush to be right now behind this golden microphone, welcoming you with another exceptional three-hour broadcast, ”she told listeners.
“For over 32 years, Rush has cherished you loyal viewers and has always looked forward to every show. It is with deep sadness that I must share with you directly that our beloved Rush, my wonderful husband, passed away this morning due to complications from lung cancer.”
Credit: nypost.com /