The Wall Street Journal recently reported that billionaire William Lauder has been revealed as the buyer who purchased Rush Limbaugh’s Palm Beach estate for a record-breaking $155 million.
Lauder, the executive chairman of The Estée Lauder Companies, has a net worth of $3.5 billion, according to Forbes. The Post reached out to Lauder’s company for comment.
Rush Limbaugh passed away in February 2021 at the age of 70 following a battle with lung cancer. The Palm Beach estate that he purchased in 1998 for $3.9 million has been sold by his widow and fourth wife, Kathryn Adams Limbaugh, to an anonymous LLC.
The property consists of three homes, namely 1495 North Ocean Boulevard, 1501 North Ocean Boulevard, and 108 Mediterranean Road. Kathryn sold the property after shopping it off-market for eight months.
The property boasts 250 feet of ocean frontage, a two-story library described as a “scaled-down version” of the Biltmore Estate library in North Carolina, a pool, a putting green, and a guard station for 24-hour security services.
The Limbaugh property has a 16,600-square-foot mansion, a 2,900-square-foot house, and a 2,200-square-foot house, with 13 bedrooms and 12 bathrooms all together. There are also four additional guest houses. Limbaugh himself decorated the homes, and he was said to be inspired by the design of the Palace of Versailles and NYC’s Plaza Hotel.
Limbaugh married Kathryn in a Hawaiian-themed ceremony at the Palm Beach estate in 2010. At that time, he continued to host his longstanding radio program despite his diagnosis.
When he passed away in 2021, Kathryn announced his death on his show. “I know that I am most certainly not the Limbaugh that you tuned in to listen to today. I, like you, very much wish Rush was behind this golden microphone right now, welcoming you to another exceptional three hours of broadcasting,” she told listeners.
The sale is a record for Palm Beach, surpassing hedge funder Ken Griffin’s purchase of four parcels in the area for $129.6 million in 2013. Lauder recently sold two parcels in the same area for a combined $200 million, according to The Journal. He bought one in 2020 for around $25.4 million, and the second the following year for an undisclosed amount. Lauder also owns an NYC apartment on Park Avenue.