Donald Trump Sells his $100 Million Dollar Home
Donald Trump sells his $100 million dollar home to a Russian fertilizer billionaire, Dmitry Rybolovlev”:
“This acquisition is simply an investment in real estate by one of the companies in which I have an interest,” Mr. Rybolovlev said in a statement released by Alan Basiev, the head spokesman for Uralkali. It “does not represent a decision by me to live in the U.S.”
If the deal closes in the next few weeks, as planned, it is likely to be the most expensive sale of a U.S. single-family home. “This is the highest price ever paid for a house. And I think it’s a bargain,” said Mr. Trump.
The developer paid $41.4 million for the estate at a bankruptcy-court auction in 2004 and did a cosmetic renovation. Some brokers describe the house as a teardown, saying the property, among Palm Beach’s largest parcels, would be more valuable if subdivided