Trump Sells Mansion for $100M
US real estate record for the Donald's Palm Beach estate
By Newser Editors and Wire Services
Posted Jul 17, 2008 10:08 AM CDT
This Aug. 1, 2006 file photo shows Donald Trump's Maison de l'Amitie in Palm Beach, Fla. Trump sold the mansion for $100 million to a Russian billionaire, his spokeswoman said July 16, 2008.    (STEVE MITCHELL)
camera-icon View 1 more image

(Newser) – The real estate market may be slumping, but not for Donald Trump, who sold his Palm Beach mansion to a Russian fertilizer billionaire for $100 million, the AP reports. It's the most ever paid for a US estate, a spokesman claims. "In an age of so many people getting hurt in real estate, it shows that you can still do well in real estate," the Donald told the AP.

Dmitry Rybolovlev purchased the roughly 60,000 square-foot oceanfront home, which Trump fixed up after buying it for about $41 million in 2004. He assigned renovations to "Apprentice" winner Kendra Todd, who dressed it up with marble and 24-karat gold fixtures, even in the bathrooms. The home, called Maison de L'Amitie, is spread over several buildings and includes 475 feet of oceanfront.