The buyer of Rush Limbaugh’s house in Palm Beach has been identified.
The Wall Street Journal reports that the wealthy cosmetics manufacturer William Lauder acquired the $155 million luxury property from the widow of conservative radio star Rush Limbaugh, Kathryn Adams Limbaugh.
According to the New York Post, the expansive 2.7-acre property was sold to Lauder through a limited liability business.
Rush Limbaugh’s wife sells his longtime Palm Beach home for record $155M https://t.co/3MWx4nDQw6 pic.twitter.com/T0LdWow4Ih
— New York Post (@nypost) March 9, 2023
However, Lauder has not revealed publicly that he purchased the magnificent Florida estate and neighboring lands.
Lauder is the executive chairman of the Estée Lauder Company, which makes makeup and hair care products, among others.
According to Forbes, the 62-year-old cosmetics entrepreneur has a net worth of $3.4 billion.
The source of his wealth is his inheritance.
According to the New York Post, Lauder is the son of multi-billionaire Leonard Lauder.
According to the Post, the property’s worth has climbed dramatically since Limbaugh purchased it in 1998.
In that year, the radio legend purchased it for $3,9 million.
The Palm Beach, Florida, home of the late talk radio pioneer Rush Limbaugh has sold for $155 million — netting a massive profit, since it was bought in 1998 for $3.9 million. https://t.co/xkvm0AoeC6
— Breitbart News (@BreitbartNews) March 11, 2023
According to the Post, the property’s features include four guest cottages, a security station, a golf course, and a 250-foot oceanfront vista.
There are three distinct residences on the site.
More on this story via The Western Journal:
Combined between the central mansion and two additional homes, the property includes 13 bedrooms and 12 bathrooms.
The mansion’s hefty value may have incurred property taxes that Limbaugh’s widow didn’t intend to pay. CONTINUE READING…