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Farefield mansion worth $250 Million
7 months ago
63
Fairfield Mansion, owned by billionaire Ira Rennert in Sagaponack, New York, is one of the largest private homes in the U.S., spanning 63 acres with a 62,000-square-foot main house featuring 29 bedrooms, 39 bathrooms, and lavish amenities like a 164-seat theater and multiple pools. Built in the 1990s for $110 million, it has drawn criticism for its environmental impact and excessive scale. Controversy intensified in 2015 when Rennert was found liable for using funds from his company, MagCorp, to finance the estate’s construction, resulting in a $213 million judgment, fueling debates on wealth inequality and corporate ethics.
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