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Trump’s Palm Beach Mansion Goes for $100M

Donald Trump has sold his mansion in Palm Beach, Fla., for $100 million to a Russian fertilizer billionaire Dmitry Rybolovlev.

Trump, who paid $41 million for the 60,000-square-foot oceanfront house in 2004, told the Associated Press, “I think it’s a great sign for the area, a great sign for Palm Beach and all that Palm Beach represents. … In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate.”

Source: The Associated Press (07/16/08)

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