Billionaire Nelson Peltz inks big mortgage on massive Palm Beach mansion – South Florida Business Journal

Ken Griffin and sketches of plans for his new home in Palm Beach, plus an aerial view of what he owns on Blossom Way (in yellow) and the property at 1290 South Ocean Boulevard that he just bought.

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A trust connected to billionaire businessman and former Los Angeles Dodgers owner Frank McCourt has snapped up a Palm Beach, Florida, mansion for $77.06 million, according to property records.

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Paul Jones II, the billionaire founder of Connecticut-based investment firm Tudor Funds, bought an oceanfront estate in Palm Beach, Florida, for US$71.2 million from real estate developer Dwight Schar and his wife Martha Schar, according to the South Florida Business Journal.. The 32,830-square-foot home is said to be a part of the Casa Apava estate that the Schar couple have been developing.

Billionaire Ken Griffin set to expand his sizable Palm Beach estate .. It will exceed hedge-fund manager Nelson Peltz’s 13-acre North End estate by nearly a half-acre.

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Nelson Peltz (born June 24, 1942) is an American businessman and a founding partner, together with Peter W. May and Edward P. Garden, of Trian Fund Management. L.P., an alternative investment management fund, based in New York. He is non-executive chairman of the Board of The Wendy’s Company and a director of Legg Mason, Mondelz International and Ingersoll Rand.

An analysis of the new tax rolls in Palm Beach reveals how expensive it is to live in the tony town.. Howard Stern, Donald Trump, Nelson Peltz and Ken Griffin (Credit: Wikimedia Commons, Getty.

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