With an estimated net worth approaching $7 billion, if anyone on this blue marble we call Earth can afford a lavish, $43-million Hamptons beach house in this economy, it’s Robert Kraft. Per Katherine Clark of the Wall Street Journal, the 79-year-old New England Patriots owner has diversified his portfolio yet again by purchasing an extravagant, 6,600-square-foot estate in an off-market “pocket listing.”
The sprawling, 10-bedroom, 8.5-bathroom mansion located at 40 Meadow Lane in Bridgehampton, New York had previously belonged to former real estate mogul Nir Meir of HFZ Capital, who gutted the historic beachfront cottage upon buying it in 2013, then constructed a new home from scratch four years later. Meir’s once-booming condo development business has gone belly-up, resulting in countless lawsuits and foreclosures, according to The Real Deal.
Along with his new luxury pad in the Hamptons, which resides in the same neighborhood as homes owned by fellow billionaires Henry Kravis, Ken Griffin and Leon Black, Kraft also boasts properties in Chestnut Hill (a Boston suburb), Cape Cod and Palm Beach, Florida. As noted by Noah Kirsch of Forbes, real estate has been hard to come by in the Hamptons with many wealthy New Yorkers leaving the city amid COVID-19.
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