Billionaire William Lauder and heir to Estée Lauder has been revealed as the mystery buyer of conservative Rush Limbaugh’s $155 million waterfront Palm Beach estate.
Kathryn Adams Limbaugh, 46, quietly listed the lavish waterfront property last year for $150million to $175million.
It sets a new record for Palm Beach, with the last biggest sale being $129.6million for four parcels in 2013 by hedge-funder Ken Griffin, according to the Wall Street Journal (WSJ).
Rush, who died in 2021 from lung cancer, bought the property in 1998 for $3.9million, which was purchased through a trust tied to Kathryn. He also bought up four neighboring properties to build a 2.7-acre estate.
Billionaire William Lauder and heir to Estée Lauder has been revealed as the mystery buyer of conservative Rush Limbaugh’s $155 million waterfront Palm Beach estate
Kathryn Adams Limbaugh, 46, quietly listed the lavish waterfront property last year for $150million to $175million
The mansion also includes an oceanfront view as well as a pool and putting green for golf
Rush, who died in 2021 from lung cancer, bought the property in 1998 for $3.9million – it was purchased through a trust tied to Kathryn. He also bought up four neighboring properties to build a 2.7-acre estate
The mansion features its own private beach and a vast Palace of Versailles style salon.
Meanwhile, the main guest suite was modeled after the Presidential Suite of the Hotel George V in Paris.
Property experts suggested last year that buyer’s mat consider the estate as more of a ‘tear down’ for those looking for a less dates and modern home.
Limbaugh – a man with a net worth of around $600 million when he died – paid $3.9 million for the main estate in 1998.
His ex-wife, Marta, paid $2.3 million for the home at 108 Mediterranean Road in 2000, and Limbaugh’s trust paid $450,000 for the house next door, at 1501 North Ocean Boulevard, in 1999.
The book ‘An Army of One’ which profiles Limbaugh details how the conservative icon largely decorated the estate himself.
‘It reflects the things and places he has seen and admired,’ Zev Chafets, the author of the book wrote.
‘The house had a vast salon meant to be reminiscent of Versailles, he wrote, and a massive chandelier in the dining room was a replica of the one in New York’s Plaza Hotel.’
The main house has seven bedrooms, a dozen bathrooms and a two-story library inspired by the Biltmore Estate in North Carolina and features wood-painted walls and ‘cherubs dancing on the ceiling,’ according to Chafets’ book. The library also has an elevator.
The home feature a sand walkway leading to the beach (pictured)
The home also has a sprawling backyard with a brick walkway
The mansion, which features its own private beach, was mostly decorated by Rush. It features a vast salon in the style of the Palace of Versailles and has a main guest suite modeled after the Presidential Suite of the Hotel George V in Paris
The main house has seven bedrooms, a dozen bathrooms and a two-story library inspired by the Biltmore Estate in North Carolina which contained wood-painted walls and ‘cherubs dancing on the ceiling’
The home comes with a 24-hour guard station and also includes a studio where Limbaugh broadcast live for more than two decades.
It was one of multiple properties owned by Limbaugh, who also owned a condominium on Fifth Avenue in New York City.
Limbaugh, the radio icon and ‘voice of American conservatism’, died in February of 2021, aged 70, following his year-long battle with lung cancer.
The Presidential Medal of Freedom Winner was diagnosed with Stage IV advanced lung cancer back in February 2020.
He hosted his last radio show on February 2 during which he revealed another host was on standby in case his health deteriorated.
‘Well, my friends, that’s it. Yet another excursion into broadcast excellence in the can. Enjoyed being with you today, always do. And look forward to the next time,’ he said at the conclusion of the show.
It was in the early 1980s that Limbaugh first garnered an audience, broadcasting shows dripping with sarcasm and bravado.
Limbaugh began broadcasting nationally in 1988 from WABC in New York.
While his know-it-all commentary quickly gained traction, he was dismayed by his reception there and thought he would be welcomed by Peter Jennings, Tom Brokaw and Dan Rather.
‘I came to New York,’ he wrote, ‘and I immediately became a nothing, a zero.’
Ultimately, Limbaugh moved his radio show to Palm Beach and bought his massive estate.
Talkers Magazine, which covers the industry, said Limbaugh had the nation’s largest audience in 2019, with 15million unique listeners each week.
The million dollar purchase comes within months of Lauder’s lawsuit settlement with his ex-mistress over her $7 million Bel Air mansion he said he shouldn’t have to pay for.
Billionaire cosmetics heir William Lauder (left) has settled the legal war with former partner Taylor Stein (right)
Stein has now again accused Lauder of breaching their court-brokered arrangement to support her
the $7million 6,000-square-foot mansion in Bel Air, Los Angeles, where Stein lives with Lauder’s lovechild. It’s unclear if they will stay in the home after settling the lawsuit
William Lauder and his ex-wife Karen, who he divorced in 2010. He met his mistress in 2000 while the pair were still together.
Lauder, 62, settled the rift between himself and his former lover Taylor Stein after she sued him for not making the annual payments on the five-bed, six-bath property.
Details of the August 9 settlement were not shared at the time and it remains unclear whether Stein, a New York-born socialite, will remain in the property with the couple’s daughter, 15.
Lauder, who’s also chairman of Estée Lauder, argued that Stein was no longer entitled to $1m-a-year payments from him after the couple’s daughter breached a privacy agreement with an Instagram post.
His relationship with Stein began in 2000, when Lauder was still married to his ex-wife Karen, with whom he has two children.
Lauder, whose grandparents founded Estée Lauder Companies in 1946, settled the lawsuit with Stein after she reportedly forced into a confidentiality agreement to keep the identity of her daughter’s father a secret.
He said that had been breached after the couple’s daughter made an Instagram post about her parents.
The legal war first erupted in August 2018 when Stein, 55, claimed that Lauder stopped making payments towards the five-bedroom Los Angeles home – which he agreed to do while she lived there with their shared teenage daughter. Stein also adopted a son.
She took the billionaire businessman to court and claimed that he was attempting to kick the family out of the Bel Air home.
But the cosmetics chairman clapped back with his own suit, saying that he was exempt from making the annual payments for the $7million mansion because she had broken their 2007 confidentiality agreement.
He reportedly drew up an agreement that would see Stein receive an annual payment of $1million if she did not publicly disclose that her daughter was in fact his child.
The 2007 deal also claimed to keep the mistress at least 100 yards away from any member of the Lauder family in Aspen, Palm Beach, and New York.
However in 2020, their teen lovechild allegedly posted on social media, airing out the family’s dirty laundry by talking about how her parents were divorced. This also breached the confidentiality agreement, sources claim.
Billionaire Lauder and his former mistress did however agree to seal certain documents in the now-settled lawsuit in a bid to protect sensitive information about their child, according to the New York Post.
Details of the suit have not been disclosed – and it’s unclear if Stein, who is still listed as the owner of the $7million Bel Air home, will have to move out of the mansion.
The couple met at Lauder’s mansion in Aspen in 2000, when he was still married to his wife Karen.
Lauder and Stein allegedly began an affair the following year. She became pregnant in 2005, and Lauder told her to have an abortion because he was in the middle of negotiating a settlement agreement with his wife, whom he divorced in 2009.
William Lauder is pictured with his billionaire philanthropist father Leonard A Lauder at the Lincoln Center Corporate Fashion Gala in New York City in November 2019
Taylor Stein (second right) attends the LEVIEV Party for ‘GLAMOUR GIRLS’ at the Sunset Tower Hotel in Los Angeles in 2008 with Patrick McMullan (left), Lara Shriftman (second left), and Dean Winters (right)
Stein – the daughter of New York City nightclub entrepreneur Howard Stein – got pregnant a second time in 2006, and welcomed a baby girl the following spring.
Desperate to keep the birth under wraps, Lauder allegedly sent Stein and the baby to Aspen to keep them out of the ‘gossip press.’
The latest developments in the couple’s legal battle came eight years after Stein and Lauder engaged in a shouting match on a street in Los Angeles, which ended with her punching him in the face.
Stein ultimately pleaded guilty to a misdemeanor domestic violence charge and served 19 days of community service.