- Billionaires Darwin Deason, Michael Dell, and Tony Pritzker are trying to offload homes right now.
- Their properties for sale range from a $31 million penthouse in Boston to a $195 million LA estate.
- It can take a long time for extremely expensive or unique homes to find buyers.
Billionaires regularly want to offload their homes, but the housing market can present some unique challenges for the wealthiest home sellers.
Buyers at high price points don’t always love properties customized for the previous owner, and the additional cost of maintenance and upkeep can deter even the deepest pockets. Some people struggling to rid themselves of luxurious properties end up slashing their asking prices. Others forego selling them altogether, choosing to either auction them off or rent them out instead.
At least two billionaires have found buyers for their homes this fall.
Gordon Getty, heir to the Getty fortune, found a buyer for his home near Berkeley, outside San Francisco, in less than a month. The 3,991-square-foot house, nicknamed the Temple of Wings, features Corinthian columns and luscious greenery, sold for $5.85 million in September after listing for $5 million in August.
Media mogul Rupert Murdoch’s three-story, nearly 7,000-square-foot penthouse in Manhattan went into contract on October 10 after more than two years on the market, according to its listing. The former chair of Fox Corporation and News Corp. purchased it for $57.9 million in 2014. In 2022, he listed it for $62 million but dropped the price as low as $28.5 million — a 50% decrease.
A handful of billionaires, however, have homes they’re still trying to sell.
Here’s a roundup of billionaire-owned properties from Boston to California on the market as of January 6. They are presented in order of last name.
businessinsider
