Cosmetics chairman and billionaire William Lauder has been revealed as the purchaser of the late Rush Limbaugh’s Palm Beach estate for a record of more than $150 million.
The 62-year-old executive chairman of the famed cosmetics brand The Estée Lauder Companies, bought the 2.7-acre sprawling property of Limbaugh’s — which consists of three homes — for $155 million, the Wall Street Journal reported. In February 2021, the legendary radio host died of lung cancer at the age of 70.
Limbaugh’s widow and fourth wife, Kathryn Adams Limbaugh, sold the estate after shopping it off-market for eight months, the New York Post noted.
The post previously reported that the estate with addresses — 1495 North Ocean Boulevard, 1501 North Ocean Boulevard, and 108 Mediterranean Road — were purchased with an anonymous LLC.
In 1998, Rush Limbaugh bought an oceanfront house in Palm Beach for $3.9 million. Twenty-five years later, his widow has sold it for $155 million. From WSJ: https://t.co/Jbqu7prI7j
— Byron York (@ByronYork) March 10, 2023
The voice behind the Golden EIB microphone purchased the main property in 1998 for $3.9 million, the outlet noted. At the time, Rush was married to his third wife, Marta Fitzgerald.
The couple divorced in 2004. In 2010, he and Kathryn tied the knot at the Palm Beach estate. Limbaugh later bought four properties to create the ocean-front estate through a trust linked to his widow, the Washington Examiner noted.
The late-conservative radio commentator’s property is described as having 250 feet of oceanfront views, a 24,000-square-foot mansion, a “scaled-down version” of the two-story Biltmore Estate library in North Carolina, a home radio studio for Limbaugh’s broadcasts, a private beach, a guard station for 24-hour security services, and more, the Post noted.
Kathryn appeared on the “Rush Limbaugh Show” in 2021 and announced his passing to listeners the day he died.
“I know that I am most certainly not the Limbaugh that you tuned in to listen to today. I, like you, very much wish Rush was behind this golden microphone right now, welcoming you to another exceptional three hours of broadcasting,” Limbaugh’s widow told listeners.
“For over 32 years, Rush has cherished you, loyal audience, and always looked forward to every single show,” she added. “It is with profound sadness I must share with you directly that our beloved Rush, my wonderful husband, passed away this morning due to complications from lung cancer.”