The Weekly Dirt: Billionaires rush to close trophy deals before year’s end

Billionaires are trading properties from Miami to Manalapan as the year comes to a close.  While many agents tell me the market’s a bit quiet, it feels like I’m hearing about a new major deal every day.  In Manalapan, Dr. Herbert Wertheim (the world’s wealthiest optometrist) paid $65 million, furniture included, for a nearly 28,000-square-foot mansion at 1160 South Ocean Boulevard. It’s not the biggest we’ve reported on, but it does mark the priciest above $60 million in Manalapan since billionaire Oracle co-founder Larry Ellison paid $173 million for an oceanfront estate in 2022. (This deal made it in the […]

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