The buyer who bought Rush Limbaugh’s Palm Beach estate for a record $155 million has been revealed as billionaire William Lauder. Wall Street Journal reports.
Lauder, 62, is the executive chairman of the powerhouse cosmetics brand The Estée Lauder Companies, and has a net worth of $3.5 billion, according to Forbes.
The Post has contacted Lauder’s company for comment.
In February 2021, Limborg died at home at the age of 70 after a battle with lung cancer.
Post It reported this week the massive 2.7-acre property, which includes three homes — 1495 North Ocean Boulevard, 1501 North Ocean Boulevard, and 108 Mediterranean Road — was purchased with an unnamed LLC.
The conservative commentator’s widow and fourth wife, Katherine Adams Limbaugh, sold the property after eight months of off-market purchases.
The radio talk show host purchased the compound in 1998 for $3.9 million. At the time he was still married to his third wife, Marta Fitzgerald, but they divorced in 2004.
A few years later, in 2010, Limbaugh married Katherine in a Hawaiian-themed ceremony at his Palm Beach estate.
All together, the estate has 250 feet of ocean frontage, a two-story library described as a “scaled-down version” of the Biltmore Estate Library in North Carolina, a pool, a putting green, and a guard station for 24 hours a day. Security features.
This sale is a record for Palm Beach. in 2013, hedge funder ken griffin There it paid $129.6 million for four parcels.
Lauder recently sold two parcels in the same area for a combined $200 million the journal,
He bought one in 2020 for about $25.4 million, and a second the following year for an undisclosed amount. Both had homes that were demolished.
Lauder also owns a NYC apartment on Park Avenue.
Records show the Limbaugh property includes a 16,600-square-foot mansion, a 2,900-square-foot house and a 2,200-square-foot home, with 13 bedrooms and 12 bathrooms. There are also four additional guest houses.
According to a 2010 biography the houses were decorated by Limbaugh himself”.army of Oneby Zev Chaffetz.
They are said to have been inspired by the design of the Palace of Versailles and the Plaza Hotel in NYC.
Limbaugh continued to host his long-running radio program during his diagnosis.
When he passed away in 2021, Katherine announced his death on her show.
“I know I’m definitely not the Limbaugh you tuned in to hear today. I, like you, wish Rush was behind this golden microphone right now to welcome you to another extraordinary three-hour broadcast.” does,” he told the audience,
“For over 32 years, Rush has cherished you, the loyal audience, and always looked forward to every single show. It is with great sadness that I must share with you directly that our beloved Rush, my Wonderful husband, passed away this morning from complications from lung cancer.