James McClain It’s perhaps no surprise that Robert F. Smith, the Colorado-born private equity multibillionaire, has decided to sell one of his two lavish Malibu homes.
Just a few days ago, news broke that the 57-year-old Columbia Business School alum paid $48.2 million to Rockstar energy drink founder Russ Weiner for a lavish Palm Beach estate originally built by Elin Nordegren, Tiger Woods’ ex-wife.
And last month, Smith pled guilty and agreed to pay $140 million to settle a four-year criminal tax probe that accused him of deliberately evading taxes by concealing hundreds of millions in offshore accounts.Smith and his wife Hope Dworaczyk, a former Playboy Playmate, purchased the Malibu property in 2018 for $18.7 million.
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