Monday, February 1, 2010

Trump Nets Big Profit for Florida Palace

Donald Trump has sold his Palm Beach mansion for $81 million, $24 million less than his asking price but up 150 percent from his $32 million 2004 purchase price.

A Russian fertilizer billionaire Dmitry Rybolovlev bought the 60,000 square-foot, oceanfront home. The property was renovated by Kendra Todd, a winner on “The Apprentice.”

Todd is said to have added lots of marble and 24-karat gold fixtures in the bathrooms.

Trump says, “ In an age of so many people getting hurt in real estate, it shows that you can still do well.”

Source: Daily Mall (01/26/2010)

No comments: