The purchaser who bought Rush Limbaugh’s Palm Beach property for a report $155 million has been revealed as billionaire William Lauder, The Wall Street Journal stories.
Lauder, 62, is the chief chairman of powerhouse cosmetics model The Estée Lauder Companies, and has a web value of $3.5 billion, in response to Forbes.
The Post reached out to Lauder’s firm for remark.
In February 2021, Limbaugh died at dwelling on the age of 70 following a battle with lung most cancers.
The Post reported this week the sprawling 2.7-acre property, which consists of three houses — 1495 North Ocean Boulevard, 1501 North Ocean Boulevard, and 108 Mediterranean Road — was bought with an nameless LLC.
The conservative commentator’s widow and fourth spouse, Kathryn Adams Limbaugh, offered the property after procuring it off-market for eight months.
The radio speak present host bought the compound in 1998 for $3.9 million. He was nonetheless married to his third spouse, Marta Fitzgerald, on the time, however they divorced in 2004.
A couple of years later, in 2010, Limbaugh married Kathryn in a Hawaiian-themed ceremony on the Palm Beach property.
All collectively, the property boasts 250 ft of ocean frontage, a two-story library described as a “scaled-down model” of the Biltmore Estate library in North Carolina, a pool, a placing inexperienced, and a guard station for 24-hour safety companies.
The sale is a report for Palm Beach. In 2013, hedge funder Ken Griffin paid $129.6 million for 4 parcels there.
Lauder lately offered two parcels in the identical space for a mixed $200 million, in response to The Journal.
He purchased one in 2020 for round $25.4 million, and the second the next yr for an undisclosed quantity. Both tons had homes that have been demolished.
Lauder additionally owns an NYC condominium on Park Avenue.
Records present 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 bogs all collectively. There are additionally 4 further visitor homes.
The houses have been embellished by Limbaugh himself, in response to the 2010 biography “An Army of One” by Zev Chafets.
He was stated to be impressed by the design of the Palace of Versailles and NYC’s Plaza Hotel.
Limbaugh had continued to host his longstanding radio program all through his prognosis.
When he handed away in 2021, Kathryn introduced his dying on his present.
“I do know that I’m most actually not the Limbaugh that you just tuned in to hearken to at present. I, such as you, very a lot want Rush was behind this golden microphone proper now, welcoming you to a different distinctive three hours of broadcasting,” she advised listeners.
“For over 32 years, Rush has cherished you, loyal viewers, and at all times regarded ahead to each single present. It is with profound unhappiness I have to share with you immediately that our beloved Rush, my great husband, handed away this morning resulting from issues from lung most cancers.”
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