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Gigantic mansion in 2001. by 2004 it did been seized by the bankruptcy court and he and his wife has beenard on bankruptcy charges. this was put up for auction. the person who bought the house on auction is now president donald trump. he bought it for $40 million. and then that big house in palm beach sat empty for two years. it became sort of this local legend because the house was thought as a monstrosity. it was frequently described as gauche, ro cocoa, it had fake art everywhere, art inspired by real parents, copies painted on the walls. parts of the software were cobblestone, and it had a terrible mold problem. donald trump bought it for $40 million. it sat empty for two years. and then in 2008, along comes ....