A billionaire businessman is taking a prominent real estate company to court, alleging that they deceived him about the true identity of the buyer of his luxurious Miami Beach estate. The plaintiff, a co-founder of a major toy and electronics company, claims that the realtor concealed the fact that the buyer was a well-known tech mogul, potentially costing him millions of dollars.
The businessman, who owned the stunning seven-bedroom, 14-bathroom mansion on Indian Creek Island, had listed the property for $85 million. After receiving a $79 million offer, he inquired about the buyer’s identity, but was allegedly assured by the realtor’s CEO that it was not the tech mogul. The CEO reportedly told the businessman that the buyer would not agree to pay more than $79 million for the property.
Trusting the CEO’s words, the businessman agreed to reduce the asking price by 7.1%. However, after the sale was finalized, he discovered that the buyer was indeed an entity tied to the tech mogul. The lawsuit, filed in Florida state court, claims that the realtor’s deception resulted in a significant loss for the businessman, potentially up to $6 million.
The businessman’s estate, which features a wine cellar, library, theater, and pool, was originally purchased in 2014 for $28 million. The tech mogul, who has a net worth of over $200 billion, had previously bought a neighboring property for $68 million. The real estate company has declined to comment on the matter, fueling speculation that they may have indeed acted improperly.
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