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Billionaire Financier Plunks Down $49 Million for Palm Beach New Build

Mansion Global Billionaire Financier Plunks Down $49 Million for Palm Beach New Build The home has water frontage on two sides and 17,000 square feet of interior space By Liz Lucking  |  Save This newly built Palm Beach mansion has sold for $49 million. Bing Maps The property market in the Florida enclave of Palm Beach has been recording high-end deal after high-end deal of late, as wealthy buyers rush to the Sunshine State amid the coronavirus and the ease of remote work. The latest multimillion-dollar mansion to change hands comes in the form of a brand new, contemporary home that sold Tuesday for $49.1 million, according to property records.

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