15 hours ago
- Business
- Wall Street Journal
A $250 Million Real-Estate Mystery Is Unfolding in Palm Beach
In Palm Beach, Fla., just north of President Trump's Mar-a-Lago club, an intriguing real-estate mystery is unfolding. The components? A swath of prime oceanfront, a rock 'n' roll legend, a cosmetics titan and a lawyer with ties to one of the world's richest men.
An unidentified buyer or group of buyers has been quietly assembling one of the most valuable private estates in the country. So far, the buyer has paid roughly $250 million for four separate properties, and is pushing for more, according to people familiar with the situation.
