Palm Beach, Florida – An unidentified buyer has been quietly assembling one of the nation's most valuable private estates in Palm Beach, Florida, just north of former President Trump’s Mar-a-Lago club. The sprawling oceanfront compound is estimated to be worth between $250 million and $350 million, with reports indicating a significant portion has already been spent. As stated in a recent tweet from The Wall Street Journal, "An unidentified buyer or group of buyers is assembling one of the priciest estates in the country."
The acquisition spree, unfolding over recent months, involves at least four separate property deals totaling approximately $250 million, though some estimates reach $350 million. Key purchases include two rare oceanfront lots at 1063 and 1071 N. Ocean Blvd., previously owned by cosmetics heir William Lauder, which sold in February for over $160 million. Additionally, two non-oceanfront homes across the street were acquired in June for $18 million and $30 million in separate off-market transactions.
While the buyer remains officially unnamed, industry whispers widely attribute the purchases to Microsoft billionaire Charles Simonyi. Simonyi, a Hungarian-American software architect, is renowned for leading the development of Microsoft's first application software, including early versions of Word and Excel. His net worth is estimated to be in the range of $7.5 to $8.34 billion. The transactions have been conducted through Delaware entities, Creekshore LLC and Mango Leaf, which are reportedly tied to Greyson Blue, a Seattle-based attorney with past connections to the Gates Foundation; however, a person close to the Gates Foundation has denied Bill Gates's involvement.
The ambitious assemblage, now spanning nearly 4.2 acres, is poised to rival some of the most legendary compounds in the country, such as those owned by billionaire Ken Griffin and Amazon founder Jeff Bezos. The aggressive nature of the acquisitions highlights the buyer's determination, even in the face of resistance. Notably, rock legend Jon Bon Jovi, who owns a neighboring mansion, has reportedly rebuffed offers for his property. According to local brokers, the buyer's substantial investment is aimed at "protecting his investment and affording himself even more privacy."