Russian mogul will turn Donald Trump's former $95 million Palm Beach mansion into several beach-front lots
By: Amy Andrews | Published Sunday, June 2, 2013, 11:19 AM | Updated Sunday, June 2, 2013, 11:19 AM
|Donald Trump's former $95 million mansion|
Russian fertilizer mogul Dmitri Rybolovlev bought Donald Trump’s
Palm Beach home for $95 million but now plans to destroy it.
The Russian mogul bought the 33,000-square-foot mansion in 2008 but now, due to mold damage, plans to tear it down. The 7-bedroom mansion sits on a 6.26-acre property and includes a 475-foot-long beach.
Trump bought the home in 2004 for $41.4 million and spent two years renovating the mansion before enlisting Kendra Todd, season 3 winner of NBC’s “The Apprentice”, to help him put it back on the market.
Apart from its 7 bedrooms and beach, the mansion also sported marble floors, bullet-proof windows, mahogany doors, giant skylights, a full-sized ballroom and a garage that could accommodate 80 cars.
It is unknown what will become of the sprawling home now. Some suspect that Rybolovlev may be planning to make several beachfront lots out of the property. A real estate source recently told the Daily Mail
that Rybolovlev is being “pretty mysterious about his ultimate plans” but that “it’s clear that the house will be leveled by the end of the year.”