Now we know who bought Rush Limbaugh’s longtime $155 million home in Palm Beach
Buyer announced for Rush Limbaugh’s Palm Beach mansion.
According to The Wall Street Journal, cosmetics billionaire William Lauder purchased the luxury property for $155 million from the widow of conservative radio legend Katherine Adams Limbaugh.
According to the New York Post, the sprawling 2.7-acre property was sold to Lauder through a limited liability corporation.
Rush’s wife Limbaugh is selling his longtime Palm Beach home for a record $155 million. pic.twitter.com/T0LdWow4Ih
— New York Post (@nypost) March 9, 2023
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It should be noted that Lauder has not publicly confirmed that he is the buyer of the ornate Florida mansion and adjacent property.
Lauder is the executive chairman of Estée Lauder, which makes various beauty products such as makeup and hair care products.
The 62-year-old beauty mogul is worth an estimated $3.4 billion, according to Forbes.
He made his fortune through inheritance.
Are you happy with who owns Rush’s old house?
According to the New York Post, Lauder is himself the son of billionaire Leonard Lauder.
The value of the property has risen significantly since Limbaugh purchased it in 1998, according to the Post.
That same year, the radio station purchased it for $3.9 million.
Palm Beach, Florida, the home of the late talk radio pioneer Rush Limbaugh, was sold for $155 million, making a huge profit as it was purchased in 1998 for $3.9 million.
— Breitbart News (@BreitbartNews) March 11, 2023
The hotel has four guest houses, a security post, a golf course and a 250-foot beachfront, according to the Post.
There are three different houses on the site.
The complex, located between the central mansion and two additional houses, has 13 bedrooms and 12 bathrooms.
The huge cost of the mansion could be due to property taxes, which the widow of Limbaugh was not going to pay.
According to Realtor.com, in 2021, the property owner had to pay $499,482 in property taxes.
Rush Limbaugh’s longtime Palm Beach home sold for $155 million
A waterfront estate of about 2.7 acres was sold for $150-175 million. pic.twitter.com/o58PyGnJDa— SASSICHIK (@KT07500539) March 10, 2023
The sale sets a record in the history of expensive real estate in Palm Beach.
Its price broke a record in 2013, when Ken Griffin bought four properties in Palm Beach for $129.6 million.
Lauder is a campaign sponsor for both Democratic and Republican members of Congress, according to a donation summary published by CampaignMoney.com.
Rush Limbaugh, a conservative media icon and longtime radio personality, died of lung cancer in 2021.
This article originally appeared in The Western Journal.
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