Rich Options: The Big, Bigger and Biggest Real Estate Buys by Heirs
The Big: An Apartment
Seems unassuming enough, right? How expensive can an apartment be? Actually pretty modest if you’re Georgina Bloomberg. With NYC apartment prices soaring comfortably around $100 million it seems, it’s actually commendable that one of the daughters of Billionaire politician Michael Bloomberg bought her apartment for a mere $4.15 million. Georgina was graduating from high school when her father announced his run for mayor. She’s now 31 years old and remembers that time as frustrating and occasionally. She’s been quoted as saying having the Bloomberg last name “sucked.” (Well, at least her apartment doesn’t!)
The Bigger: A Mansion
The Stunts are England natives turned Angelenos. James Stunt has a net work of around $5-$7 billion. The billionaire a successful businessman (gaming and transatlantic mining), art collector and private financier. Petra is the daughter of Formula 1’s Bernie Ecclestone. Together, they’re a married force of nature. The couple celebrated their move to LA by purchasing Aaron Spelling’s former mansion (pictured above). At the time, it was the most expensive home in the United States with a whopping $150 price tag. They paid much less than the asking price, but they still spent so much, the real estate agents made enough money on the sale to buy Georgina Bloomberg’s NYC apartment!
The Biggest: An Island
Russian heiress Ekaterina Rybolovleva bought a private Greek island last year. While the sales price was never confirmed, the price of Skorpios island is estimated at $150 – $200 million. Her father Dmitry made his money in fertilizer and is also no stranger to notable real estate buys. He famously bought Donald Trump’s Palm Beach mansion in 2008 for $95 million. When you’re living The Life Elite, sometimes an apartment and a mansion won’t do. You need several homes—and an island!
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