This blog is about Celebrities and other hot issues around the world.

Friday, July 18, 2008

Donald Trump Sold his Mansion for $100 Million

Donald Trump the Real Estate Mogul sold his mansion for $100 Million. Why did he sells his mansion? Is he running out of cash? Well as we all knew he is a Multi-billionaire and at the same time a celebrity who made the "The Apprentice" a household name. Donald Trump is also the owner of Miss Universe, Miss USA and Miss Teen USA. A few days ago Miss Venezuela won the Miss Universe Pageant making the country the most successful in beauty pageant history.

Donald Trump bought the mansion in Palm Beach, Florida 2004 and it cost him $41 Millions. After four years he sells it for $100 million, what a wise real state developer? He is known to be good in real estate development that he is very famous when real estate is the topic. Donald Trump experienced real estate turmoil in the early 90's but he was able to stand up again and became a billionaire today.

Russian fertilizer billionaire Dmitry Rybolovlev bought the beautiful mansion overlooking the ocean. Donald Trump fixed it after he bought the property. He assigned Kendra Todd, an Apprentice winner to remodel the place with 24 carat gold fixtures and even used it in the bathroom. The mansion is called Maison de L'Amitie and Donald Trump said that it is a great landmark for the area.

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