- Billionaires Darwin Deason, Michael Dell and Tony Pritzker are currently trying to sell homes.
- Her properties for sale range from a $31 million penthouse in Boston to a $195 million estate in Los Angeles.
- Extremely expensive or unique homes can take a long time to find a buyer.
Billionaires regularly want to sell their homes, but the real estate market can present some unique challenges for the wealthiest home sellers.
Buyers in high price ranges don’t always like properties tailored to the previous owner, and the added costs of maintenance and upkeep can deter even the deepest of wallets. Some people struggling to get rid of their luxury homes end up cutting their asking prices. Others forego selling altogether and opt to either auction them or rent them out.
At least two billionaires have found buyers for their homes this fall.
Gordon Getty, heir to the Getty fortune, found a buyer for his home near Berkeley, outside San Francisco, in less than a month. Nicknamed the “Temple of Wings,” the 3,991-square-foot home features Corinthian columns and lush greenery and sold for $5.85 million in September after being listed for sale in August for $5 million.
Media mogul Rupert Murdoch’s three-story, nearly 7,000-square-foot Manhattan penthouse went under contract on Oct. 10 after more than two years on the market, according to the listing. The former chairman of Fox Corporation and News Corp. bought it in 2014 for $57.9 million. In 2022, he listed it for $62 million, but cut the price to just $28.5 million – a 50% drop.
However, a handful of billionaires have homes they still want to sell.
Here’s a roundup of billionaire-owned properties from Boston to California that were on the market as of October 24. They are listed in last name order.