You are here

Only in Palm Beach: The US$95 million teardown

Russian billionaire breaking up estate bought from Donald Trump into three properties for sale

BT_20160829_NAHTORN29_2463212.jpg
In March, the Palm Beach Architectural Commission approved the demolition of the estate (above) that Mr Rybolovlev, a former medical student who took his fertiliser company public in 2007 and later moved to Switzerland and Monaco, bought from Mr Trump in 2008.
BT_20160829_NAHTORN29_2463212.jpg
In March, the Palm Beach Architectural Commission approved the demolition of the estate that Mr Rybolovlev (above), a former medical student who took his fertiliser company public in 2007 and later moved to Switzerland and Monaco, bought from Mr Trump in 2008.

New York

IN 2008, Donald Trump sold a Palm Beach, Florida, estate for US$95 million, making it the most expensive single residential property ever sold in town. Now the property is about to set another record - as Palm Beach's most expensive tear-down.

Backhoes and dump trucks have