Check out the Two Insane Mansions an LLC Tied to Dan Gilbert Purchased in Palm Beach, Florida
Recently, it was revealed in Forbes that Cavaliers' owner Dan Gilbert's net worth was more than three times what it was originally thought to be. With Gilbert's Quicken Loans going public, the Michigan native's net worth was estimated at around $40 billion, making him the 17th richest American and second wealthiest NBA owner after Steve Ballmer of the Los Angeles Clippers.
Now, the South Florida real estate website The Real Deal is reporting that an LLC connected to Gilbert has recently purchased two mansions in Palm Beach, Florida. The first home (67o Island Drive) that the LLC bought, a 5,200 square foot home, was sold for $18.8 million and the second one, an 11,000 square foot home (100 El Bravo Way), was sold for $24.5 million, both purchased within the last week.
The first 12 slides show the Island Drive home and the next 25 slides are the El Bravo home.